EUR/USD
Current level – 1.1631
Yesterday’s precise test at 1.1480 has finalized the consolidation pattern below 1.1580 and the uptrend was renewed, breaking beyond 1.1610 hurdle. The bias remain bullish above 1.1580, for a rise towards 1.1720. Crucial on the downside is 1.1480 low.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
|
1.1350 |
1.1720 |
1.1580 |
1.1370 |
|
1.1720 |
1.1720 |
1.1480 |
1.1290 |
USD/JPY
Current level – 111.93
My outlook remains negative, for a break through 111.47 low, towards 110.30 area. Initial resistance lies at 112.40.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
|
112.40 |
114.50 |
111.50 |
111.75 |
|
112.80 |
115.50 |
110.30 |
110.20 |
GBP/USD
Current level – 1.2974
The downtrend from 1.3125 is still intact while below 1.3004 minor resistance, but my outlook is already counter-trend against 1.2910, for a reversal and rise towards 1.3130 zone.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
|
1.3004 |
1.3260 |
1.3910 |
1.2810 |
|
1.3130 |
1.3500 |
1.2810 |
1.2480 |
