EUR/USD
Current level – 1.1009
The pair made a failed attempt to breach 1.1017 and slumped right after. The expectations for a possible fall towards 1.0990 remain. In this scenario the possibility for a test of the lows around 1.0880 significantly grows. Only a rally above 1.1090 could turn around market sentiment.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1017 | 1.1140 | 1.0990 | 1.0880 |
| 1.1060 | 1.1170 | 1.0950 | 1.0880 |
USD/JPY
Current level – 109.45
After the dollar rose to 109.58 yen it is possible for trading to continue in a short-term range with support around 108.90. A breach above the resistance 109.60 would strengthen bulls’ domination on the market. This could give the trend some power pushing the price towards the next substantial resistance at around 110.50.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 109.60 | 109.45 | 108.90 | 107.05 |
| 109.60 | 109.80 | 108.64 | 106.60 |
GBP/USD
Current level – 1.2907
The situation here remains unchanged and trading continues between 1.2820 and 1.2960. It looks like traders are patient and waiting for rumours and news around Brexit and the general elections in the UK. For the moment expectations remain neutral, as a breach of either side of the range would define the direction of the new move.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2960 | 1.2965 | 1.2900 | 1.2700 |
| 1.3000 | 1.3000 | 1.2820 | 1.2670 |
