EUR/USD
Current level – 1.1079
The currency pair is heading for a test of the support area at 1.1065. А successful break of this level could increase the downward momentum and bring an end to the short-term uptrend, thus leading to subsequent declines towards the next support at 1.0990. Volatility this week should be fueled by Fed’s interest rate decision and the Non-Farm Payrolls on Wednesday and Friday, respectively.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1110 | 1.1240 | 1.1060 | 1.0960 |
| 1.1170 | 1.1270 | 1.1020 | 1.0880 |
USD/JPY
Current level – 108.73
The currency pair’s consolidation continues below the resistance level at 108.90 and a possible breakthrough at this level would be sufficient to expect a rise towards the next resistance around 109.70. The main support is at 108.20.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 108.90 | 109.30 | 108.50 | 107.85 |
| 109.30 | 109.70 | 108.15 | 107.00 |
GBP/USD
Current level – 1.2815
Traders will again focus on news around Brexit and EU’s decision on an extension. Currently the price is preparing for a test of the support level at 1.2785 and a breakthrough here could lead to further decorecitation of the pound against the greenback and a test of the main support at 1.2550. If the price manages to stay above the support zone 1.2785, and another attack of the resistance area at 1.3000 is probable.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2890 | 1.3180 | 1.2780 | 1.2560 |
| 1.2990 | 1.3300 | 1.2700 | 1.2400 |
