EUR/USD
Current level – 1.2396
Current rebound above 1.2350 should be considered corrective and I expect 1.2440 minor resistance to cap the upside, for a continuation of the downtrend towards 1.2220 area. Crucial on the upside is 1.2475 high.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.2440 | 1.2540 | 1.2330 | 1.2330 |
1.2475 | 1.2870 | 1.2220 | 1.2220 |
USD/JPY
Current level – 109.01
The break through 109.70 led to a slide all the way down to 108.30 lows and my outlook is positive above the mentioned support, for a rise towards the upper boundary of the range at 110.20-50. Crucial on the downside is 108.30 and a violation of that low will challenge 107.30.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
109.70 | 111.90 | 108.30 | 108.30 |
111.50 | 113.40 | 108.30 | 107.30 |
GBP/USD
Current level – 1.3955
Yesterday’s slide has reached the support area above 1.3910, but my outlook remains bearish below 1.4030, for another leg downwards, to 1.3800 zone. Crucial on the upside is 1.4090.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.4030 | 1.4090 | 1.3910 | 1.3910 |
1.4090 | 1.4340 | 1.3800 | 1.3730 |