EUR/USD
Current level – 1.1880
The currency pair managed to stay above the 1.1839 level and, at the time of writing, is preparing to test the key resistance at 1.1892. Even if the resistance at 1.1892 is to be breached, the expectations are for the pair to shortly trade above the mentioned level before returning to values below it. The first important support is the level of 1.7961. Today, investors will be focused on the speech of the ECB President Christine Lagarde (08:15 GMT).
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1892 | 1.1980 | 1.1840 | 1.1760 |
| 1.1920 | 1.2010 | 1.1800 | 1.1626 |
USD/JPY
Current level – 103.78
The currency pair is close to hitting the local bottom at 103.20, which also acts as an important level of support. The forecasts are for this level to be tested in the short term. If it’s breached, the pair will continue its downward movement. In the positive direction, the first important resistance lies at 104.85.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 104.18 | 104.85 | 103.20 | 102.20 |
| 104.43 | 105.45 | 103.07 | 102.20 |
GBP/USD
Current level – 1.3264
The pound has risen against the dollar in the past few trading sessions and the rally is expected to continue. The first resistance is found at 1.3273, followed by the important one at 1.3309. In the downward direction, the critical support is the level at 1.3117 and only a violation here will change the medium-term and long-term market attitudes towards the currency pair.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3273 | 1.3309 | 1.3225 | 1.3117 |
| 1.3309 | 1.3400 | 1.3170 | 1.3021 |
