EUR/USD
Current level – 1.1436
The reversal at 1.1485 shows a completion of the rise since 1.1345 low, but the major upmove form 1.1310 is still intact, so the attack of 1.1500 resistance remains on track. Only a break below 1.1415 area will signal a major reversal and beginning of a downward move. A violation of 1.1500 will target 1.1630 zone.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.1420 | 1.1500 | 1.1390 | 1.1214 |
1.1500 | 1.1630 | 1.1310 | 1.1100 |
USD/JPY
Current level – 108.98
Yesterday’s climb above 108.70 resistance signals a positive bias, for a rise towards 110.20 area. Initial intraday support is projected at 108.70, followed by the crucial 108.00.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
109.10 | 111.45 | 108.70 | 106.70 |
110.20 | 112.20 | 108.00 | 104.60 |
GBP/USD
Current level – 1.2757
The overall bias is still positive above 1.2710 support area and there is a risk of a rise towards 1.2885 zone. Only a clear break through 1.2710 will signal a reversal and drowning towards 1.2420 lows.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.2820 | 1.2885 | 1.2710 | 1.2420 |
1.2885 | 1.3250 | 1.2615 | 1.2340 |