EUR/USD
Current level – 1.1891
The euro managed to rise against the dollar in the last few trading sessions, and even managed to break the key resistance at 1.1880. The expectations are for this upward movement to continue and for the currency pair to move towards a test of the resistance and the local high at 1.2010. The first important support is the mentioned level and previous resistance at 1.1880. This week, investors’ attention will be focused on the data on the core consumer price index (Thursday; 12:30 GMT) in the United States, as well as on the gross domestic product of the Eurozone (Friday; 09:00 GMT).
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1920 | 1.2010 | 1.1880 | 1.1700 |
| 1.1965 | 1.2010 | 1.1800 | 1.1626 |
USD/JPY
Current level – 103.36
After the currency pair breached and remained below the important support at 104.09, it is expected that this downward movement will continue and the yen will test the support at 103.10. In case this level is violated, the EUR/USD will be directed to the key support at 101.15. First support is the level of 103.49, followed by the one of 104.09.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 103.49 | 104.68 | 103.10 | 101.15 |
| 104.09 | 104.87 | 103.10 | 101.15 |
GBP/USD
Current level – 1.3180
The currency pair broke the key resistance at 1.3159 in the first hours of today’s trading session and, if it manages to stay above this level, the subsequent movement should be headed towards the next resistance at 1.3265. The first important support is the level of 1.3060.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3180 | 1.3265 | 1.3062 | 1.2934 |
| 1.3180 | 1.3265 | 1.3000 | 1.2860 |
