EUR/USD
Current level – 1.1758
The common European currency remained strong against the dollar during the first trading session of the week. The bulls are expected to remain in control and the key resistance at 1.1810 is projected to be tested soon. The first important support is at 1.1599. Among the more important economic news that would affect the movement of the currency pair today is the U.S. consumer confidence data (14:00 GMT).
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1810 | 1.1810 | 1.1599 | 1.1370 |
| 1.1930 | 1.1930 | 1.1460 | 1.1230 |
USD/JPY
Current level – 105.32
After breaking the lower border of the range in which it traded for a few days, the pair lost nearly a figure before its decline was stopped at 105.10. The expectations are negative, for a second attempt at breaking 105.10, followed by a test of the important support at 104.80. In the opposite direction, the key resistance is 106.00.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 106.04 | 107.38 | 104.80 | 103.10 |
| 107.16 | 107.69 | 104.00 | 103.10 |
GBP/USD
Current level – 1.2887
The Cable continues to rise and, at the time of writing, is preparing to test the resistance at 1.2880. If it manages to break the resistance at 1.2880, the expectations are for a further rise and test of the next resistance at 1.2970. The first important support is 1.2807.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2880 | 1.2970 | 1.2807 | 1.2760 |
| 1.2880 | 1.3000 | 1.2807 | 1.2517 |
