EUR/USD
Current level – 1.1033
After an unsuccessful attempt for a breach of 1.1100, the euro crashed towards the breach level around 1.1036 and at the moment of the analysis it’s trading in the thereabouts of that area. The sentiment remains positive for another charge towards 1.1070 and 1.1100. The nearest support levels are at 1.1020 and 1.0990. Today, the most notable news from the eurozone are services and composite PMIs (09:00 GMT) and retail sales (10:00 GMT).
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1069 | 1.1130 | 1.1036 | 1.0990 |
| 1.1100 | 1.1170 | 1.1020 | 1.0980 |
USD/JPY
Current level – 109.43
The pair managed to bottom at 108.30 and buyers dominated the rally for the last couple of days. Should their momentum remains intact, the next target would be the resistance level at 109.80. Retracements could find support around the zones at 109.20 and 108.80. Additional energy to boost the rally might be brought by the data coming from the US regarding ADP non-farm payroll change (13:15 GMT) and ISM Services PMI (15:00 GMT).
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 109.60 | 110.22 | 109.20 | 108.29 |
| 109.80 | 111.65 | 108.78 | 107.90 |
GBP/USD
Current level – 1.3017
After the Monday crash, the sterling managed to gain some ground and hold above the support 1.2990. Both currencies have good fundamentals and expectations are neutral. With the current situation, the price can continue to be locked in the range between 1.2970 and 1.3200.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3030 | 1.3100 | 1.2980 | 1.2960 |
| 1.3060 | 1.3145 | 1.2960 | 1.2790 |
