EUR/USD
Current level – 1.1116
The price successfully broke the support level at 1.1130 but managed to bounce off next support level at 1.1109 as bears lost momentum. Sentiment is still to the positive side and will only change if the price violates the important support level at 1.1068. Expectations for a successful test of the resistance zone at 1.1171, followed by 1.1200, remain intact.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1130 | 1.1200 | 1.1109 | 1.1068 |
| 1.1170 | 1.1300 | 1.1068 | 1.1000 |
USD/JPY
Current level – 109.17
The currency pair is currently testing the resistance zone at 109.20 after a nice rally. Sentiment remains mixed due to the tensions in the MIddle East and the dynamics of the conflict between Iran and the US, despite the fact that Trump ruled out an armed response to the recent missile attacks. Expectations for the short term are for а successful test of the resistance at 109.20 and a move towards the next resistance zone at 109.70
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 109.20 | 109.70 | 108.80 | 107.90 |
| 109.70 | 110.00 | 108.50 | 107.00 |
GBP/USD
Current level – 1.3116
Currently the GBP/USD is consolidating around level of 1.3125. A clear direction for the currency pair will be marked by breaking through either the resistance zone at 1.3211 or the support at 1.3060.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3125 | 1.3260 | 1.3060 | 1.2915 |
| 1.3211 | 1.3320 | 1.3000 | 1.2790 |
