EUR/USD
Current level – 1.1859
The decline of the common European currency against the dollar reached the important support at 1.1736, which managed to hold the sellers’ pressure and, during yesterday’s trading session, the pair partially regained its losses, breaching the resistance at 1.1828. At the time of writing, the EUR/USD is headed for a test of the next resistance at 1.1860. The expectations are positive for a breach of this level and a continuation of the upward move. In the negative direction the aforementioned level at 1.1828 is now acting as a support.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1860 | 1.1860 | 1.1830 | 1.1500 |
| 1.1900 | 1.1900 | 1.1720 | 1.1400 |
USD/JPY
Current level – 104.72
For a second day the currency pair is trading near the lower border of the range in which it stayed for more than a month: 105.05 – 107.00. The expectations are for a test and a break of the resistance at 105.05, which would return trading to the mentioned range. In the negative direction, the first support lies at 104.50.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 105.30 | 106.00 | 104.80 | 103.20 |
| 105.60 | 106.45 | 104.20 | 101.00 |
GBP/USD
Current level – 1.2986
During yesterday’s trading session, the Cable managed to breach the support at 1.2920, but this breakthrough was not confirmed and, at the time of writing, the pair is headed for a test of the resistance at 1.3020. The expectations are positive – for a break and a move towards 1.3150. The first support lies at 1.2920.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3020 | 1.3150 | 1.2920 | 1.2640 |
| 1.3050 | 1.3290 | 1.2770 | 1.2530 |
