EUR/USD
Current level – 1.1812
At the time of writing this analysis, the currency pair is testing the resistance at 1.1820 and a successful breach of this level would give a chance for the euro to gain positions against the U.S. dollar. The expectations for today’s trading session are for a breach of this resistance and a move towards 1.1890. In case this resistance is able to hold off the attack, then we may expect a downward movement towards 1.1760.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1820 | 1.1940 | 1.1760 | 1.1670 |
| 1.1890 | 1.1990 | 1.1714 | 1.1600 |
USD/JPY
Current level – 110.23
At the time of writing this analysis, the currency pair is testing the resistance at 1.1820 and a successful breach of this level would give a chance for the euro to gain positions against the U.S. dollar. The expectations for today’s trading session are for a breach of this resistance and a move towards 1.1890. In case this resistance is able to hold off the attack, then we may expect a downward movement towards 1.1760.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 110.85 | 111.70 | 110.40 | 109.20 |
| 111.70 | 111.70 | 109.80 | 108.85 |
GBP/USD
Current level – 1.3902
The currency pair is testing the resistance at 1.3900, but it is highly possible that this level will resist the pressure, which could lead to a corrective movement towards the support at 1.3843. A consolidation in the range between 1.3843 – 1.3900 is a highly probable scenario during today’s trading session.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3840 | 1.3950 | 1.3790 | 1.3676 |
| 1.3900 | 1.4000 | 1.3700 | 1.3600 |
