EUR/USD
Current level – 1.1923
The intraday bias is slightly positive, for a test of 1.1985 resistance area and the latter is expected to cap the upside, for another leg downwards, to 1.1830. A violation of the latter will challenge 1.1660.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
|
1.1980 |
1.2070 |
1.1830 |
1.1830 |
|
1.2070 |
1.2160 |
1.1740 |
1.1660 |
USD/JPY
Current level – 108.63
The bias is negative, for a test of 108.10 lows and I favor a break through that area to target 107.00 area. Initial intraday resistance lies at 109.00-10.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
|
109.10 |
111.00 |
108.10 |
108.10 |
|
110.60 |
112.20 |
108.10 |
107.00 |
GBP/USD
Current level – 1.3017
Yesterday’s reversal at 1.2907 has started a rise, which is currently testing 1.3050 resistance. My outlook is positive above 1.2990, for a break through 1.3050, towards 1.3150 area. On the senior frames the whole rebound after 1.2770 seems corrective, so pay attention to the key low at 1.2907, as a break there will trigger a sell-off towards last month’s low.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
|
1.3050 |
1.3157 |
1.2990 |
1.2773 |
|
1.3157 |
1.3260 |
1.2907 |
1.2606 |
