EUR/USD
Current level – 1.1532
The recent reversal at 1.1582 signals a slight bearish bias, for a test of 1.1490 support area. Current slide should be considered corrective on the senior frames, preceding another leg upwards, to 1.1720 area.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.1550 | 1.1610 | 1.1490 | 1.1370 |
1.1610 | 1.1720 | 1.1370 | 1.1290 |
USD/JPY
Current level – 112.07
The downtrend is intact with an initial resistance at 112.40 and crucial level at 112.80. I favor a break through 111.75, towards 110.30 area.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
112.80 | 114.50 | 111.75 | 111.75 |
113.50 | 115.50 | 110.30 | 110.20 |
GBP/USD
Current level – 1.3035
The second test below 1.3130 resistance failed as well and the intraday bias is bearish, for a tight test of 1.2970-80 support zone. Minor intraday hurdle lies at 1.3050.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.3050 | 1.3260 | 1.3000 | 1.2810 |
1.3130 | 1.3500 | 1.2970 | 1.2480 |