EUR/USD
Current level – 1.1478
Keeping in mind, that on the senior frames the whole pattern after 1.1214 low is corrective, I favor a failure here at 1.1500 resistance and a beginning of a substantial slide towards the November lows. Key low lies at 1.1420 and a violation of it will signal a slide for 1.1340, en route to 1.1264.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.1500 | 1.1500 | 1.1420 | 1.1340 |
1.1630 | 1.1630 | 1.1340 | 1.1214 |
USD/JPY
Current level – 109.29
The downtrend is intact below 110.20 resistance and the pair is heading towards 108.10 zone. Crucial on the upside is 111.45 high.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
110.20 | 111.45 | 109.00 | 108.10 |
111.45 | 112.20 | 108.10 | 108.10 |
GBP/USD
Current level – 1.2753
The low liquidity during the end of the holiday led to a brief spike above 1.2710 hurdle, but my outlook is bearish, for a return below the mentioned area and a violation of 1.2615 crucial low will confirm, that the prolonged consolidation pattern after 1.2470 is over.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.2810 | 1.2885 | 1.2710 | 1.2615 |
1.2885 | 1.3250 | 1.2615 | 1.2470 |