EUR/USD
Current level – 1.1728
The currency pair failed to stay below the support at 1.1709 and, as a result, the euro strengthened against the dollar and the expectations are for an upward movement and a test of the important resistance at 1.1761. If the resistance in question is breached, the pair will move onto the next important one at 1.1826. The first support is the mentioned level at 1.1709. This week, investors will focus on the U.S. trade balance data (Tuesday, 13:30 GMT).
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1760 | 1.1870 | 1.1705 | 1.1500 |
| 1.1830 | 1.1902 | 1.1675 | 1.1440 |
USD/JPY
Current level – 105.50
The dollar managed to regain its positions against the yen after Friday’s decline. The current market sentiment seems rather bullish and the expectations are for this upward movement to continue towards a test of the important resistance at 105.62, followed by the one at 105.78. First support is 105.22, followed by the critical one at 104.84.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 105.60 | 106.00 | 105.30 | 104.50 |
| 105.80 | 106.30 | 104.80 | 104.20 |
GBP/USD
Current level – 1.2942
The pound strengthened its positions against the dollar during Friday’s trading session and investors are expected to bet on the pound again today as the pair managed to stay above the important support at 1.2920. An important resistance is the level of 1.3021 and it is expected to be tested. Key supports are the mentioned level at 1.2920, followed by the one at around 1.2858.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3021 | 1.3020 | 1.2858 | 1.2697 |
| 1.3021 | 1.3150 | 1.2770 | 1.2530 |
