EUR/USD
Current level – 1.1911
The currency pair failed to stay above the important resistance at 1.1920 and it is expected for it to test this level again. If the EUR/USD manages to breach the resistance at 1.1920, it should head towards the local high at 1.2010. Conversely, if the test proves to be unsuccessful, the pair could enter a corrective phase, which should be limited by the support levels at 1.1892 and at 1.1827.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1980 | 1.2010 | 1.1892 | 1.1798 |
| 1.1980 | 1.2110 | 1.1827 | 1.1761 |
USD/JPY
Current level – 104.00
During yesterday’s trading session, the currency pair managed to breach and stay below the important support at 104.18. This is a bearish signal for a downward movement towards the next important support at 103.72, possibly followed by an attack of the local bottom at 103.20. In the positive direction, the former support at 104.18 is now acting as resistance.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 104.18 | 105.45 | 103.72 | 103.72 |
| 104.843 | 106.10 | 103.20 | 103.20 |
GBP/USD
Current level – 1.3356
The uptrend of the sterling against the dollar continues as the pair is approaching the key resistance at 1.3394 for the third time this week. A possible breach of this resistance would pave the way towards the 1.3480-1.3500 zone. An important support, which should limit any possible correction, lies at the level of 1.3302.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3394 | 1.3560 | 1.3300 | 1.3170 |
| 1.3480 | 1.3600 | 1.3275 | 1.3110 |
