EUR/USD
Current level – 1.1559
My outlook is bearish, for a break through 1.1510 lows, towards 1.1300 area. Initial minor resistance lies at 1.1600, followed by 1.1650.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1600 | 1.1720 | 1.1510 | 1.1480 |
| 1.1720 | 1.1830 | 1.1480 | 1.1300 |
USD/JPY
Current level – 110.67
The violation of 110.30 signals, that the whole slide after 110.90 peak is over and due the fact, that this was the third leg of the major consolidation below 111.40 I am tempted to think, that a new major upmove is on its way, towards 114.50. The intraday bias is positive above 110.30, for a rise towards 111.40 peak.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 110.90 | 111.40 | 110.30 | 107.80 |
| 111.40 | 114.40 | 109.20 | 106.70 |
GBP/USD
Current level – 1.3149
The downtrend remains intact, heading for a test of 1.3040 zone. Crucial on the upside is yesterday’s high at 1.3215.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3200 | 1.3618 | 1.3110 | 1.3040 |
| 1.3300 | 1.3990 | 1.3040 | 1.3040 |
