EUR/USD
Current level – 1.0792
The euro continues to lose ground against the dollar and yesterday the pair breached below the important support at 1.0830. The sentiment remains negative and a test at 1.0726 is the most likely scenario. In the positive direction, the aforementioned support level at 1.0830 is now acting as a resistance.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.0830 | 1.1030 | 1.0770 | 1.0730 |
| 1.0900 | 1.1140 | 1.0730 | 1.0560 |
USD/JPY
Current level – 106.24
Yesterday the currency pair managed to break the lower border of the narrow range 106.45-107.00 in which it was trading for a couple of days. The fall stopped at 105.97 and the expectations are for a test of 106.45 and eventually 107.00. If the pair stays below 106.45, then the most likely scenario will be for another test of 105.97.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 106.45 | 109.25 | 106.00 | 103.40 |
| 107.00 | 111.50 | 105.60 | 103.40 |
GBP/USD
Current level – 1.2320
The sentiment here remains negative after the support levels at 1.2435 and 1.2360 were consecutively breached during yesterday’s trading session. The downward movement is expected to continue towards the next support at 1.2287.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2360 | 1.2615 | 1.2290 | 1.2190 |
| 1.2435 | 1.2750 | 1.2190 | 1.1800 |
