EUR/USD
Current level – 1.0814
1.0830 was formed as a strong resistance, which the pair has tested unsuccessfully several times in the past trading sessions. A new test is coming to this level today and, if left unbroken, the pair should head down to support at 1.0652. Should the 1.0830 break through, the euro will rise in value against the dollar and will move to the next resistance at 1.0965.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.0830 | 1.1080 | 1.0750 | 1.0650 |
1.0965 | 1.1200 | 1.0650 | 1.0511 |
USD/JPY
Current level – 108.72
After the break of the resistance at 108.51, the pair continued its upward movement for a little while, but managed to reach only 109.36 and then entered a zone of consolidation. The forecast is for this consolidation to continue even with a possible break in the previous resistance, and already support – 108.51. The pair would head for a support test at the local bottom at 107.30.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
109.90 | 111.35 | 108.50 | 105.10 |
110.50 | 113.70 | 107.30 | 103.60 |
GBP/USD
Current level – 1.2262
The pair appeared to exit the range 1.2480 – 1.2238, but the support test at 1.2162 in the first hours of today’s trading session was unsuccessful and it is possible for the pair to remain in a range again, although slightly wider than the previous one. The forecast is for a test of the upper limit of the range at 1.2480, followed by a resistance at 1.2535.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.2280 | 1.2535 | 1.2100 | 1.1800 |
1.2480 | 1.2650 | 1.2000 | 1.1440 |