EUR/USD
Current level – 1.1049
Еxpectations remain negative as the price is currently testing the support zone at 1.1050. The next major level is at 1.1020-1.1030 and, if broken, the price should tumble to new lows. In positive direction, only a break at 1.1110 zone and a successful test of the next resistance at 1.1160 could lead to a reversal in the sentiment.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.1110 | 1.1230 | 1.1030 | 1.1000 |
1.1160 | 1.1300 | 1.1000 | 1.0960 |
USD/JPY
Current level – 106.47
After a successful test and a break through the level at 106.22, we saw a rise of the price and looks like the sentiment is turning positive with the pair aiming for a test of the next resistance zone at 106.73. A break at this level could lead to a further rise and test of the area around 107.50. Support levels lay at around 106.19 and 105.63.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
106.73 | 107.50 | 106.20 | 104.43 |
107.50 | 108.50 | 105.60 | 104.00 |
GBP/USD
Current level – 1.2206
Sterlings depreciation against the US dollar from the previous session was mainly a result of Boris Johnson’s decision to suspend the British Parliament, which has now been approved by the Queen. This will leave British MPs even less time to discuss and deal with Brexit, leading to rise in the odds for a no-deal Brexit. Тhe currency pair is again facing the support zone at 1.2183. A break at this level could restore the range-bound movement in the 1.2014-1.2183 area.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.2280 | 1.2450 | 1.2183 | 1.2014 |
1.2380 | 1.2520 | 1.2100 | 1.1900 |