EUR/USD
Current level – 1.2324
The downtrend is still underway, with an initial resistance at 1.2370. A violation of the latter will signal a completion of the whole slide from 1.2550 and will challenge 1.2460.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2370 | 1.2650 | 1.2290 | 1.2290 |
| 1.2460 | 1.2870 | 1.2290 | 1.2210 |
USD/JPY
Current level – 107.51
The recent rise has peaked below 108.00 resistance and my outlook is already bearish, for a downswing towards 106.80.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 108.00 | 108.30 | 107.35 | 105.40 |
| 108.30 | 110.40 | 106.80 | 102.40 |
GBP/USD
Current level – 1.3961
Yesterday’s reaction above 1.3920 was a short-lived one and the pair is ready for another test of the mentioned support. While the latter is intact, my outlook will remain counter-trend, for another upswing towards 1.4280.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.4060 | 1.4280 | 1.3920 | 1.3760 |
| 1.4185 | 1.4340 | 1.3800 | 1.3620 |
