EUR/USD
Current level – 1.1449
The pair is currently trading in a wide range and price is nearing the upperside. We expect a decline after a test around 1.1500. Break through 1.1350 will be negative targeting 1.1260.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1500 | 1.1500 | 1.1350 | 1.1210 |
| 1.1540 | 1.1600 | 1.1270 | 1.0850 |
USD/JPY
Current level – 110.56
This market remains in a downtrend and we can expect a break of the support 110.30, which will furhter lead the price lower. However, a break up above 111.40, would unlock potential level aroubd 112.20.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 111.40 | 113.00 | 110.30 | 110.00 |
| 112.20 | 114.50 | 110.00 | 109.70 |
GBP/USD
Current level – 1.2665
The pair is in a clear consolidation phase and a big move can be expected if the price breaks either way. In order for the bulls to take over we must see a break of that level. Alternatively if this doesn’t happen, we might see a drop back to the 1.25 zone.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2650 | 1.2880 | 1.2500 | 1.2360 |
| 1.2700 | 1.3030 | 1.2460 | 1.2140 |
