EUR/USD
Current level – 1.1105
The pair is facing another test at the support level at around 1.1109 after the successful breach of the previous support level at 1.1130. If The EUR/USD manages to violate the 1.1109 zone, a test at the important support level at 1.1068 can be expected. Look out for increased volatility after the announcement of the Nonfarm payrolls change (13:30 GMT).
| 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 – 109.49
The US dollar continues to rise against the yen as the concerns for a serious conflict in the Middle East are fading. The pair breached above the resistance at 109.20 and the expectations are for a test at the next resistance level at 109.70. In the negative direction, the first support lies at 108.80.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 109.70 | 109.70 | 108.80 | 107.90 |
| 110.00 | 110.00 | 108.50 | 107.00 |
GBP/USD
Current level – 1.3063
The British pound lost ground against the US dollar after the statement of Bank of England’s governor Mark Carney, saying that the central bank has plenty of room for significant easing. The price drop stopped around the support zone at 1.3000 and bounced back above the support level at 1.3060. If 1.3060 holds, the price may return to its yesterday level, but if the pair breaches below 1.3060, a test at 1.3000 will be the more likely scenario.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3125 | 1.3260 | 1.3060 | 1.2915 |
| 1.3211 | 1.3320 | 1.3000 | 1.2790 |
