EUR/USD
Current level – 1.1057
EUR/USD fell down sharply to 1.0930 on the news that ECB added an open-ended QE of €20 billion per month starting November 1st. Shortly after that, the currency pair rose above the key resistance levels 1.1016 and 1.1060 after president Trump’s tweets regarding the FED rate policy. The next resistance level is at 1.1085. In the opposite direction, the new support levels would be 1.1060 and 1.1016.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1085 | 1.1160 | 1.1020 | 1.0930 |
| 1.1160 | 1.1200 | 1.0970 | 1.0850 |
USD/JPY
Current level – 108.13
USD/JPY holds above the critical support level 107.45, looking positive for testing the resistance around 108.80. Should it be breached, we can expect the price to reach the zone around 109.30.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 108.50 | 108.80 | 107.40 | 106.40 |
| 108.80 | 109.50 | 107.00 | 105.80 |
GBP/USD
Current level – 1.2327
The currency pair is currently trading in the range between 1.273 and 1.2373. Here, the price action and sentiment are still mostly influenced by the news regarding Brexit, so witnessing sharp and unexpected moves is not excluded.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2360 | 1.2400 | 1.2260 | 1.2170 |
| 1.2400 | 1.2500 | 1.2200 | 1.1975 |
