EUR/USD
Current level – 1.1021
The pair is testing the support level at 1.1020. A successful breach of this zone could decrease the price to the next target of 1.0973. If the negative sentiment continues, that could lead the EUR/USD to the major support from last week at around 1.0930. An alternative scenario is testing of the zone of 1.1057 and heading up for positive reversal, aiming at the levels above 1.1080.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1050 | 1.1110 | 1.0992 | 1.0860 |
| 1.1110 | 1.1150 | 1.0930 | 1.0850 |
USD/JPY
Current level – 106.92
After the slide from last week, USD/JPY hit a hurdle at 106.70 and slowly headed up, aiming again at the major resistance zone at around 107.08. Breaking through this level could pave the way for the currency pair to reach the price at around 108.90. In the opposite direction, a downward move and successful break of 106.70 could show the power of bears, leading to a decrease to the level of 106.40 or lows of 105.85.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 107.20 | 107.50 | 106.40 | 104.43 |
| 107.85 | 107.80 | 105.60 | 104.00 |
GBP/USD
Current level – 1.2287
After a volatile week for the GBP/USD, it consolidated near the support level at 1.2287. The uncertainty surrounding a future Brexit without a deal and the political situation could lead to a test and break through , heading to the next targets of 1.2213 or 1.2170, where it could easily hit the lows at around 1.2000. In the opposite direction, a positive sentiment could push the currency pair for an attempt to test the formed resistance level at 1.2353, that could signal for a reversal of the trend.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2300 | 1.2400 | 1.2170 | 1.1975 |
| 1.2400 | 1.2500 | 1.2077 | 1.1820 |
