EUR/USD
Current level – 1.0847
The currency pair is still trading around the support level at 1.0830, with the current sentiment being rather neutral as we await FEDs Interest Rate Decision (today 19:00 GMT). In downward direction, only a breakthrough of the support at 1.0770 would open the way for subsequent sales and further depreciation of the common currency against the dollar. On the other hand, a break of the resistance level at 1.0900 will draw a more bullish picture for the EUR/USD. Another major economic event for today is the data for US Preliminary GDP (13:30 GMT).
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.0900 | 1.0960 | 1.0830 | 1.0650 |
| 1.0900 | 1.1030 | 1.0770 | 1.0570 |
USD/JPY
Current level – 106.52
After the prolonged two-week movement in the narrow range 107.00-108.00, the sellers were finally able to gather strength and push the trading below the support level of 107.00, which disrupted the range movement. The sentiment is rather negative, with the first more important support being the level at 105.60, followed by 105.00. In an upward direction, only a break of the far resistance at 109.25, would be a sign for an improvement in the sentiment.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 107.00 | 109.25 | 106.00 | 103.40 |
| 108.00 | 111.50 | 105.60 | 103.40 |
GBP/USD
Current level – 1.2464
After the successful break of the resistance at 1.2435 during the last trading session and the subsequent unsuccessful test of the next resistance at 1.2520, the GBP/USD is once again back near the support level at 1.2435. The sentiment is rather positive for a new test and break of the resistance at 1.2520, but on the other hand, if buyers are not able to overcome this zone, it is very likely to observe a new range movement in the narrow channel 1.2435-1.2520.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2470 | 1.2620 | 1.2435 | 1.2190 |
| 1.2520 | 1.2830 | 1.2360 | 1.1800 |
