EUR/USD
Current level – 1.2466
The short-lived spike to 1.2537 was followed by a massive sell-off to 1.2360 and my outlook is bearish again below 1.2540, for another leg towards 1.2330.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2500 | 1.2500 | 1.2440 | 1.2330 |
| 1.2540 | 1.2870 | 1.2330 | 1.2220 |
USD/JPY
Current level – 108.96
A reversal has been confirmed at 108.50 and the bias is positive, for a break through the initial hurdle at 109.15, towards 110.20 resistance area.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 109.15 | 110.20 | 108.50 | 108.50 |
| 110.20 | 112.00 | 108.50 | 107.30 |
GBP/USD
Current level – 1.4228
Yesterday’s second test of 1.4340 failed as well and the massive sell-off signals a broader consolidation pattern before renewal of the uptrend towards 1.4730. Intraday I favor a reversal of the rise from 1.4080 and another slide towards 1.4050 static support. Minor intraday support lies at 1.4190.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.4340 | 1.4340 | 1.4190 | 1.3940 |
| 1.4340 | 1.4730 | 1.4050 | 1.3730 |
