EUR/USD
Current level – 1.2142
The currency pair tested the key resistance at 1.2155, but any breach attempts have so far been unsuccessful. The forecasts are for this resistance to withstand the bullish pressure and for the euro to lose some of its value against the dollar as the pair is currently aiming for a test of the first important support at 1.2058. Today, investors’ attention will be focused on the data on the preliminary GDP and the data on the ZEW economic sentiment for the Eurozone (10:00 GMT).
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2155 | 1.2230 | 1.2098 | 1.2011 |
| 1.2121 | 1.2300 | 1.2058 | 1.1957 |
USD/JPY
Current level – 105.58
The dollar has appreciated against the yen in the last few trading sessions and the pair prepares to test the significant resistance at 105.62. It is expected for this resistance to be breached, but a short correction might develop before that. After this, the pair might most likely aim for a test of the next important resistance at 106.70. The first support is the level of 105.15.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 105.62 | 106.70 | 105.15 | 104.19 |
| 105.62 | 107.40 | 104.59 | 103.39 |
GBP/USD
Current level – 1.3943
The pound continues its upward trend against the dollar and, at the beginning of today’s trading session, the pound continued to appreciate against the greenback. The forecast is for a short- to medium-term correction, after which the upward trend is expected to continue and the pair will most likely aim for a test of key resistance at 1.4200. The first important support is the level of 1.3863.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.4000 | 1.4000 | 1.3863 | 1.3740 |
| 1.4000 | 1.4100 | 1.3820 | 1.3688 |
