EUR/USD
Current level – 1.1629
The acceleration of the slide from 1.1837 during the ECB press conference broke through 1.1720 crucial static support, showing a completion of the prolonged consolidation pattern above 1.1660. The overall outlook is bearish on the senior frames, for a slide towards 1.1480 and 1.1300 area. Intraday resistance lies at 1.1660, followed by the break-out level at 1.1720.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1660 | 1.1840 | 1.1580 | 1.1480 |
| 1.1720 | 1.1940 | 1.1480 | 1.1300 |
USD/JPY
Current level – 114.18
My outlook remains positive, for a rise towards 114.50, en route to 115.50 zone. Key support is still projected at 113.05.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 114.20 | 114.50 | 113.10 | 111.00 |
| 115.50 | 115.50 | 112.30 | 107.30 |
GBP/USD
Current level – 1.3115
The break through 1.3220 and 1.3160 signals a completion of the prolonged consolidation pattern above 1.3020 on the daily chart and the general downtrend has been renewed, towards 1.2910, en route to 1.2760. On the intraday frames the bias is bearish, for a break through 1.3100, towards 1.3020 low.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3160 | 1.3340 | 1.3100 | 1.2910 |
| 1.3220 | 1.3650 | 1.3020 | 1.2760 |
