EUR/USD
Current level – 1.1797
There is still a chance for a dip to 1.1650 before breaking beyond 1.1830, towards 1.2050. Crucial hurdle lies at 1.1830.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.1830 | 1.1830 | 1.1790 | 1.1480 |
1.1830 | 1.2060 | 1.1710 | 1.1300 |
USD/JPY
Current level – 110.22
The intraday bias is positive above 110.10 and I expect a brief rise to 110.70 to put an end of the upmove since 109.18, triggering another sell-off, towards 107.80.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
110.70 | 111.40 | 110.10 | 107.80 |
111.40 | 114.40 | 109.20 | 106.70 |
GBP/USD
Current level – 1.3404
The pattern below 1.3460 is obviously a corrective one, so it precedes an appreciation towards 1.3620 area. One the intraday frames, I favor one more leg downwards, to 1.3290.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.3460 | 1.3618 | 1.3350 | 1.3210 |
1.3620 | 1.3990 | 1.3290 | 1.3040 |