EUR/USD
Current level – 1.1804
The currency pair tested the support level at 1.1797, but the test was unsuccessful yet again. The forecast is for a renewal of the upward trend towards the resistance test in 1.1859 followed by 1.1903. Today, investors’ attention will be drawn to the consumer confidence and new home sales data in the United States at 14:00 GMT. The first important support is at 1.1699.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1860 | 1.1960 | 1.1800 | 1.1580 |
| 1.1900 | 1.2080 | 1.1699 | 1.1460 |
USD/JPY
Current level – 105.93
The currency pair is in a consolidation phase, but the dollar is expected to strengthen against the yen. The first important resistance is the level 106.13 and, if it is broken, the pair will go for a test of the next important resistance at 106.41. First support is 105.45.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 106.41 | 106.93 | 105.45 | 104.88 |
| 106.93 | 107.50 | 105.20 | 104.20 |
GBP/USD
Current level – 1.3102
The currency pair failed to stay below the important support at 1.3081 for long, which is a signal of impending upward movement. The first important resistance that the currency pair must overcome is at 1.3138, and an important support is the mentioned level at 1.3081.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3140 | 1.3300 | 1.3080 | 1.2950 |
| 1.3250 | 1.3345 | 1.3000 | 1.2895 |
