EUR/USD
Current level – 1.1912
The movement of the currency pair remained in a narrow range, given the expected important economic data on the ADP non-farm employment change for the U.S. (Wednesday; 12:15 GMT), as well as the data on the non-farm payrolls change, again for the U.S. (Friday; 12:30 GMT).. The support at 1.1921 was tested three times in a row and the pair successfully stayed below it. This shows that the downward movement is not over and the most likely scenario is for the EUR/USD to test the support level at 1.1850.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1955 | 1.2090 | 1.1920 | 1.1760 |
| 1.2000 | 1.2130 | 1.1850 | 1.1600 |
USD/JPY
Current level – 110.50
Although the resistance at 111.01 was not even tested, the downward movement was limited and the currency pair tried to consolidate at the level of 110.50. The forecast is for a new test of the mentioned resistance and for the dollar to start rising against the yen again.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 111.00 | 112.20 | 110.11 | 109.80 |
| 111.70 | 112.60 | 110.11 | 109.37 |
GBP/USD
Current level – 1.3862
The support at 1.3892 was overcome and the Cable settled permanently below it. The short-term forecast is for the movement to continue to decline towards the next important support at 1.3801.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.3890 | 1.4078 | 1.3800 | 1.3670 |
| 1.3980 | 1.4115 | 1.3800 | 1.3450 |
