EUR/USD
Current level – 1.1185
After the successful breakthrough of the resistance at 1.1140, the currency pair continues its upward movement, as at the time of writing the analysis, it is just below the next significant resistance at 1.1200. A successful break here would take the movement to a test at the next levels around 1.1300. In a negative direction, the main support is at the level of 1.1000, preceded by the static level of 1.1090. The main economic news for today that would have an impact on the movement of the currency pair is the US ADP nonfarm employment change data (12:15 GMT)..
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1200 | 1.1300 | 1.1140 | 1.1000 |
| 1.1240 | 1.1400 | 1.1090 | 1.0920 |
USD/JPY
Current level – 108.49
After two weeks of movement in the narrow range 107.40-108.00, the currency pair managed to successfully break the upper border, confirming the positive sentiment of the market participants. However, the movement found resistance at 108.70. In the event of a failed breakthrough, it is very likely that trading will return to the aforementioned channel of movement.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 108.70 | 110.00 | 108.00 | 106.80 |
| 109.20 | 111.64 | 107.40 | 106.45 |
GBP/USD
Current level – 1.2574
The bulls managed to keep the positive sentiments, as the currency pair successfully broke the major resistance at 1.2520 and rushed to test the next significant resistance at 1.2640. The level of 1.2520 now is the first support level in the negative direction. The most important economic news for today is the data on PMI services for the UK (08:30 GMT).
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2640 | 1.2850 | 1.2520 | 1.2360 |
| 1.2750 | 1.3000 | 1.2465 | 1.2290 |
