EUR/USD
Current level – 1.1080
The euro strengthened its positions on Friday, reaching 1.1090. The pair is projected to continue the uptrend, but in order to do so, it must break through the important resistance at 1.1101. In downward direction, the first support is 1.1069. More important news of the week is today’s ISM Manufacturing Index (14:00 GMT) and the Nonfarm Payrolls Change in the United States at 13:30 GMT on Friday.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1100 | 1.1130 | 1.1000 | 1.0990 |
| 1.1170 | 1.1170 | 1.0990 | 1.0980 |
USD/JPY
Current level – 108.50
On Friday, the pair managed to break through the important support and lower border of the 108.80 -109.23 range. This confirmed the bearish sentiment and the dollar is expected to continue to lose ground. The first important support are the lows from Friday’s session at 108.29. In an upward direction, an important resistance is the level around 108.80.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 108.77 | 110.22 | 108.40 | 108.29 |
| 109.75 | 111.65 | 108.29 | 107.90 |
GBP/USD
Current level – 1.3156
The pound appreciated against the dollar during the last two days of trading, pushing back from the local bottom at 1.2975. Expectations are for this advance to continue as the pair trades towards the resistance at 1.3202 which is the high reached on Friday. In a negative direction, the first support is 1.3145 with the first hours of trading after Brexit being relatively calm in terms of volatility.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3200 | 1.3210 | 1.3145 | 1.2960 |
| 1.3210 | 1.3260 | 1.3060 | 1.2790 |
