EUR/USD
Current level – 1.1059
The euro started the week with a slight decline and breached below the support at 1.1069. If the pair manages to regain its positions and break back above 1.1069, a more bullish picture will be drawn and a test of the support at 1.1101 would be on the map. In downward direction, the first support is at 1.1000.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.1069 | 1.1130 | 1.1000 | 1.0990 |
1.1100 | 1.1170 | 1.0990 | 1.0980 |
USD/JPY
Current level – 108.62
The recent decline was stopped at 108.29 as the USD/JPY managed to recover slightly, reaching the resistance level at 108.80. If the pair manages to break above 108.80, the recovery would continue with the next target being 109.23. In downward direction, an important support is Friday’s low at 108.29
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
108.77 | 110.22 | 108.40 | 108.29 |
109.75 | 111.65 | 108.29 | 107.90 |
GBP/USD
Current level – 1.3013
The pound lost two figures against the dollar on the first day of the week, subsequently breaking below the support levels at 1.3145 and 1.3060. At the time of writing, the pair is struggling with the support level at 1.3000. In case this level is violated, the slide would continue towards the 1.2960 zone. If 1.3000 holds, a move towards the previous support level at 1.3060, which now acts as a resistance, is likely.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.3061 | 1.3210 | 1.2980 | 1.2960 |
1.3145 | 1.3260 | 1.2960 | 1.2790 |