EUR/USD
Current level – 1.1102
The downward move from yesterdays’ session resembles a retracement. To confirm the breach of 1.1114 as a true one, it’s necessary for the price to hold above current levels. The sentiment looks positive for a re-test of the 1.1160 zone.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1155 | 1.1250 | 1.1105 | 1.1020 |
| 1.1221 | 1.1300 | 1.1066 | 1.0960 |
USD/JPY
Current level – 105.81
In the beginning of the trading week the pair briefly breached outside the range threshold and came back strong. The breach was a faker and the greenback managed to pare some losses against the yen. According to the price action, the push remained limited below the 106.25 resistance. It’s possible to witness another test at 105.18 and an eventual breach of that level.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 106.25 | 107.50 | 105.18 | 104.55 |
| 107.50 | 108.50 | 104.55 | 104.00 |
GBP/USD
Current level – 1.2213
Here we have a confirmation of the breach and the price is holding above the range that lasted a couple of weeks. The expectations remain positive for a push from the sterling towards the immediate resistance at 1.2280.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2380 | 1.2450 | 1.2206 | 1.2014 |
| 1.2380 | 1.2520 | 1.2100 | 1.1900 |
