EUR/USD
Current level – 1.1790
My outlook is bearish after the second failure at 1.1880, for a break through 1.1790, towards 1.1660 major support.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
|
1.1880 |
1.1940 |
1.1790 |
1.1660 |
|
1.1940 |
1.2030 |
1.1716 |
1.1480 |
USD/JPY
Current level – 111.78
The bias is still bearish, for a tight test of 111.50, with a risk of a dip to 111.00. The latter should provide a reliable base for another upswing towards 114.50 area. Trigger on the upside is 112.25 high.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
|
112.25 |
113.80 |
111.50 |
111.00 |
|
112.80 |
114.50 |
111.00 |
107.30 |
GBP/USD
Current level – 1.3279
The recent rise has tested precisely 1.3340 hurdle, but the bias is still positive, so there is a risk of another attempt towards the mentioned resistance. An eventual break through that area will challenge 1.3460 zone. Crucial on the downside is 1.3220 and a violation of that zone will signal a slide towards 1.3000 area.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
|
1.3340 |
1.3340 |
1.3220 |
1.2910 |
|
1.3460 |
1.3650 |
1.3120 |
1.2760 |
