EUR/USD
Current level – 1.1151
The signing of the first phase of the US-China trade deal yesterday did not bring any surprises to the financial markets and trading was relatively calm. EUR / USD stays above the resistance at 1.1130 and prepares for the test of the next resistance at 1.1170. If it is broken, a test of the next one at 1.1200 is to be observed. In a downward direction, first support is the previous resistance at 1.1130.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1170 | 1.1200 | 1.1100 | 1.1068 |
| 1.1200 | 1.1300 | 1.1100 | 1.1000 |
USD/JPY
Current level – 109.90
After more than a week’s rise in the dollar against the yen and the breakout of the key resistance at 109.68, the pair has been consolidating over the last three days, trading in a narrow range between 109.80 and 110.20. Breaking this range would also determine the direction of the future movement of the pair with expectations being rather positive until the support at 109.70 holds.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 110.20 | 110.65 | 109.68 | 108.80 |
| 110.65 | 111.00 | 109.20 | 107.90 |
GBP/USD
Current level – 1.3043
The pair managed to stay above the support at 1.3002 and now has to test the next resistance at 1.3061 and 1.3124. The first support is the 1.3002 level. Even if it is broken, the pair will not lose its upside potential as long as it stays above the key support at 1.2950.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3060 | 1.3210 | 1.3000 | 1.2915 |
| 1.3125 | 1.3260 | 1.2950 | 1.2790 |
