EUR/USD
Current level – 1.0930
The pair did not manage to break the resistance in 1.0966 which means that the negative trend is still intact. This indicates that a new test of last week’s bottoms around 1.0900 is highly probable. If this support is broken, the EUR/USD should head towards the support at 1.0810. A more bullish picture will be drawn if the price breaks and closes above 1.0966
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.0966 | 1.1070 | 1.0900 | 1.0812 |
| 1.1024 | 1.1176 | 1.0860 | 1.0717 |
USD/JPY
Current level – 107.91
Current expectations are for a new test of the support around 107.80. A break there should lead the pair towards a test of the next support at 107.51. On the upside, first resistance is 108.42.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 108.25 | 108.80 | 107.82 | 106.40 |
| 108.40 | 109.50 | 107.51 | 105.80 |
GBP/USD
Current level – 1.2285
The GBP/USD is about to go for another test of the key support at the 1.2270-80 zone and, if broken, should lead to further declines towards the next support at 1.2230. On the upside – first important resistance lies at 1.2416 and if the pair manages to hold above it, we might see a stronger move up.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2380 | 1.2500 | 1.2280 | 1.2100 |
| 1.2417 | 1.2580 | 1.2200 | 1.2000 |
