EUR/USD
Current level – 1.0951
The euro kept losing ground against the US dollar on Friday as expectations remain to the negative side for a slide towards the first target at around 1.0925. The first resistance in case of a corrective move to the upside lays around 1.0991, but only a definitive move above 1.1100 would start to negate the bearish view. This week the more significant data from the economic calendar is the CPI in the United States, due to be released at 13:30 GMT on Thursday.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.0965 | 1.1100 | 1.0925 | 1.0900 |
| 1.0991 | 1.1130 | 1.0900 | 1.0870 |
USD/JPY
Current level – 109.79
The rally seems to be stalling, but the sentiment here remains positive as the pair is preparing to test the key support at 109.81. A possible breakthrough would pave the way towards 110.18. in downward direction, with the first support being 109.21.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 110.00 | 110.22 | 109.20 | 108.29 |
| 110.22 | 110.65 | 108.78 | 107.90 |
GBP/USD
Current level – 1.2894
The British pound continued losing ground and at the end of last week managed to breach below the support zone 1.2900-1.2920. Sentiment should remain bearish as long as the currency pair trades below the aforementioned former support, which now acts as a level of resistance.The first level of support level is around 1.2790.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2918 | 1.3100 | 1.2790 | 1.2790 |
| 1.2975 | 1.3145 | 1.2700 | 1.2700 |
