EUR/USD
Current level – 1.1777
The pair managed to close yesterday’s trading session under the important support at 1.1791, which signals for a continuation of the downward movement. First support is the level of 1.1746, followed by the one at 1.1708. An important resistance is the former support of 1.1791. During today’s trading session, investors will monitor the data on Durable Goods Orders Ex Transportation for the United States (12:30 EET).
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1791 | 1.2000 | 1.1746 | 1.1708 |
| 1.1825 | 1.2100 | 1.1746 | 1.1676 |
USD/JPY
Current level – 104.25
The pair managed to breach the support at 104.32, but in order to receive a solid confirmation that the sell-off will continue, the pair must first breach the remaining two important supports that are found at 104.16 and 103.98. The first resistance is the former support level of 104.32, while the key one is 105.01.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 105.01 | 105.51 | 104.16 | 104.00 |
| 105.36 | 105.77 | 104.00 | 103.00 |
GBP/USD
Current level – 1.3035
From the beginning of the week, the currency pair sits in a narrow range between 1.3075 and 1.2990. The prediction is that this range will be broken through as the pound heads for a test of the resistance at 1.3065 which, if breached, will lead the pair to the next important resistance at 1.3144. In the opposite direction, the first important support lies at 1.3010.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3065 | 1.3288 | 1.3010 | 1.2831 |
| 1.3144 | 1.3350 | 1.2891 | 1.2772 |
