EUR/USD
Current level – 1.2434
The climb above 1.2390 signals a reversal of the bearish bias since 1.2540 as market participants are getting ready for today’s FOMC meeting. The intraday bias is positive above 1.2390, for another upswing towards 1.2540.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2460 | 1.2540 | 1.2390 | 1.2330 |
| 1.2540 | 1.2870 | 1.2330 | 1.2220 |
USD/JPY
Current level – 108.71
The overall bias remains bearish, for a violation of 108.25 low, towards 107.30 zone. Initial intraday resistance lies at 109.20.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 109.20 | 110.20 | 108.25 | 108.50 |
| 110.20 | 112.00 | 108.25 | 107.30 |
GBP/USD
Current level – 1.4185
The break through 1.4090 signals a reversal of the whole slide from 1.4340 peak and the intraday bias is positive above the mentioned support, for a rise towards the previous high.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.4215 | 1.4340 | 1.4090 | 1.3910 |
| 1.4340 | 1.4730 | 1.3985 | 1.3730 |
