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Daily Technical Analysis

EUR/USD

Current level – 1.1398

After reaching 1.1494 – its highest level in 14 months, the pair dropped slightly in a roller coaster session. Despite that, expectations remain positive – for a test of the key resistance at 1.1540. If the current retracement continues, it should be limited to 1.1239.

Resistance Support
intraday intraweek intraday intraweek
1.1540 1.2070 1.1240 1.1000
1.1800 1.2220 1.1110 1.0860

USD/JPY

Current level – 103.22

The dollar managed to partially regain its positions against the yen, but the sentiment remains negative and a test of the support at 101.20 is the more likely scenario. In the positive direction, the first major resistance is at 105.00.

Resistance Support
intraday intraweek intraday intraweek
106.80 110.00 101.20 94.00
107.50 110.50 99.20 92.75

GBP/USD

Current level – 1.3067

The Cable made an unsuccessful attempt to breach the resistance at 1.3200 and then bounced back to the support zone around 1.3061. The expectations are for the pair to test 1.3061 and, if successful, the next target would be 1.3015. In an upward direction, the first resistance is the aforementioned level at 1.3200.

Resistance Support
intraday intraweek intraday intraweek
1.3100 1.3200 1.2900 1.2750
1.3200 1.3520 1.2860 1.2530

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