EUR/USD
Current level – 1.2021
Today’s trading session began with a slight increase in the value of the euro against the dollar, but the forecasts are for the upward movement to be limited to the resistance at 1.2042, followed by a downward movement and a successful attack by the currency pair of the supports at 1.1986, 1.1949, and at 1.1883. During today’s trading session, investors’ attention will be drawn to the data on new home sales for the United States (15:00 GMT).
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2040 | 1.2180 | 1.1986 | 1.1880 |
| 1.2100 | 1.2340 | 1.1950 | 1.1800 |
USD/JPY
Current level – 107.92
The currency pair continues its downward movement and the dollar is finding itself under increasing pressure from the yen, with this tendency being expected to continue. It is important to note that, for this to be the case, the price will have to remain below the important support at 107.92, where it is currently located. In the upward direction, the first important resistance is the level of 108.79.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 108.81 | 109.85 | 107.80 | 106.20 |
| 109.05 | 110.52 | 106.20 | 104.90 |
GBP/USD
Current level – 1.3860
During yesterday’s trading session, the pound lost its value against the dollar, closing the day under the important support at 1.3918 and failing to breach the next one at 1.3834. This gives investors a reason to expect an increase in – and even a return of – the upward trend should the mentioned level at 1.3918 be breached. It also should be noted that 1.3918 is currently playing the role of a resistance.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3920 | 1.4140 | 1.3834 | 1.3760 |
| 1.4140 | 1.4300 | 1.3834 | 1.3670 |
