EUR/USD
Current level – 1.1010
At the present moment the pair is struggling to find a clear direction. The support at 1.0993 managed to hold and we may see a bounce back to 1.1060 zone and even further to 1.1100. A below-forecast ZEW Current Conditions (10:00UK time) should increase the pressure to the downside and a possible break of the support zone at 1.0993 should lead to a test of the next support at 1.0930.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1059 | 1.1160 | 1.0993 | 1.0930 |
| 1.1100 | 1.1200 | 1.0930 | 1.0900 |
USD/JPY
Current level – 108.09
After yet another unsuccessful break of the resistance zone at 108.25 the price is likely to decline towards the support level at 107.50. A breakthrough at this level could restart the negative trend with a main support at 106.70. In positive direction, the main resistance level remains at 108.25.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 108.25 | 108.80 | 107.50 | 106.40 |
| 108.80 | 109.50 | 107.00 | 105.80 |
GBP/USD
Current level – 1.2416
After the unsuccessful test of 1.2500 the GBP/USD is in a corrective phase to the downside, but a move beyond the support at 1.2380 should increase bearish pressure. Again, volatility is to be expected as we await further developments around Brexit.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2500 | 1.2560 | 1.2380 | 1.2170 |
| 1.2560 | 1.2640 | 1.2270 | 1.1975 |
