EUR/USD
Current level – 1.1909
During the past trading session, the currency pair could not hold its position above the resistance level at 1.1967 and we have witnessed a downward movement for a test of the support at 1.1905. In case the mentioned support is breached, it is highly possible the EUR/USD will head towards the next important support at 1.1835. On the other hand, if this support resists, a rebound targeting the resistance at 1.1967 may be expected.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1967 | 1.2100 | 1.1905 | 1.1750 |
| 1.2026 | 1.2236 | 1.1835 | 1.1600 |
USD/JPY
Current level – 109.04
This week USD/JPY is traded in a narrow range and, at the time of writing, there is no clear signal for the future direction of the currency pair. Nevertheless, the forecasts are for the uptrend to be limited by the resistance at 109.20 and, respectively, for a downward movement targeting the support at 108.32.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 109.20 | 110.80 | 108.84 | 106.92 |
| 110.80 | 111.70 | 108.32 | 105.83 |
GBP/USD
Current level – 1.3899
The currency pair has tested the key resistance at 1.3990 but couldn’t breach it, which led to appreciation of the U.S. dollar against the sterling. The forecasts for today are for the GBP/USD to test the support level at 1.3856 and rebound from it and afterwards to continue its uptrend targeting the resistance at 1.3990. A breach of this critical resistance there may lead the pair towards the psychological level at 1.4000.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3993 | 1.4179 | 1.3856 | 1.3750 |
| 1.4094 | 1.4240 | 1.3800 | 1.3640 |
