EUR/USD
Current level – 1.0910
The Euro continues regaining positions against the greenback and is preparing to test the resistance at 1.0906. A successful breakthrough would pave the way to the next resistance at 1.0941. The data for the US preliminary GDP(13:30 GMT) could lead to higher volatility for the pair.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.0940 | 1.0940 | 1.0870 | 1.0700 |
| 1.0970 | 1.0970 | 1.0815 | 1.0670 |
USD/JPY
Current level – 110.26
The slide of the greenback was stopped by the important support at 109.97 and after that the pair was trading in the narrow range between 110.00-110.60. A break on either side of the range would define the next move of the market.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 111.00 | 112.15 | 110.00 | 108.80 |
| 111.60 | 113.70 | 109.60 | 108.30 |
GBP/USD
Current level – 1.2918
The pound lost ground against the dollar, consecutively breaching below the support levels at 1.2975 and 1.2941. A possible breakthrough above the aforementioned levels, acting now as important resistance levels, would pave the way towards 1.3060 and draw a more bullish picture. In the negative direction, the first support lies at 1.2869.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2940 | 1.3150 | 1.2870 | 1.2870 |
| 1.2975 | 1.3200 | 1.2770 | 1.2770 |
