EUR/USD
Current level – 1.1216
The pair managed to break the resistance at 1.1200, which is already acting as a support, and if it manages to stay above it, a continuation of the upward movement can be expected. Today, investors’ attention will be focused on the ECB Interest Rate Decision at 11:45 GMT, as well as on the ECB press conference, which is scheduled for 12:30 GMT. The first support is the mentioned level at 1.1200 and the first important resistance is 1.1300.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1280 | 1.1330 | 1.1200 | 1.1000 |
| 1.1230 | 1.1400 | 1.1140 | 1.0920 |
USD/JPY
Current level – 108.86
After the pair managed to break the narrow range in which it was trading during the last three weeks, the dollar increased its value against the yen, reaching 102.02 in the early hours of today’s trading session. This upward movement is expected to continue with the first important support being at 108.72, and the resistance levels at 109.20-40.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 109.20 | 110.00 | 108.00 | 106.80 |
| 109.40 | 111.64 | 107.40 | 106.45 |
GBP/USD
Current level – 1.2538
In recent days, the pair managed to reach levels of 1.2614, but today’s trading session began with a decline. The forecast is for a correction, after which the pound will again test the levels of the key resistance at 1.2620-40 and if it manages to break and stay above these levels, then a new upward movement can be expected. First important support is 1.2465.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2640 | 1.2850 | 1.2520 | 1.2360 |
| 1.2750 | 1.3000 | 1.2465 | 1.2290 |
