EUR/USD
Current level – 1.1346
After several tests of the resistance at 1.1350, the currency pair managed to break it in the early hours of today’s trading session. If the euro manages to keep its value against the dollar above the resistance in question – now turned support, then the expectations will be for a continuation of the upward movement of the currency pair. The first important resistance is the level of 1.14. Today, investors’ attention will be focused on the initial jobless claims data in the United States scheduled for 12:30 GMT.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1380 | 1.1400 | 1.1285 | 1.1190 |
| 1.1380 | 1.1500 | 1.1240 | 1.1140 |
USD/JPY
Current level – 107.26
The pair managed to break the support at 107.25, but it seems to be a false break as the price remained below this support for a short time and then rose again above 107.25. This level acts as key support and whether the pair breaks it and remains below it or not will determine the future movement. The first important resistance is 107.80.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 107.80 | 108.50 | 107.45 | 106.80 |
| 107.15 | 109.35 | 107.25 | 106.00 |
GBP/USD
Current level – 1.2611
The pound continues to rise against the dollar and this trend is expected to continue. The first important resistance is 1.2665, followed by 1.2780 and, if the pair manages to break them, this will open the way towards 1.30. An important support is the level of 1.2550.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2640 | 1.2780 | 1.2550 | 1.2340 |
| 1.2665 | 1.2800 | 1.2400 | 1.2250 |
