EUR/USD
Current level – 1.1398
The massive rise through 1.1350 resistance and the violation of 1.1420 high signal a major reversal and the whole slide since 1.1570 peak should be considered complete. The outlook is positive above 1.1360, for another leg upwards, to 1.1570. Crucial on the dowsnide is 1.1290 low.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.1450 | 1.1570 | 1.1360 | 1.1175 |
1.1570 | 1.1830 | 1.1290 | 1.0860 |
USD/JPY
Current level – 110.28
The impulside break through 111.00 area signals a stong negative bias and after a brief consolidation here, another leg downwards should be expected, toward 108.90.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
111.00 | 113.00 | 110.20 | 110.20 |
112.15 | 114.50 | 108.90 | 108.50 |
GBP/USD
Current level – 1.3147
The violation of 1.3190 support risks a deeper drowning, towrads 1.3040 area. Crucial on the upside is 1.3300 and only a return above that area will renew the challenge of 1.3450.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.3300 | 1.3450 | 1.3040 | 1.2800 |
1.3450 | 1.3450 | 1.2960 | 1.2610 |