EUR/USD
Current level – 1.1882
The pattern above 1.1830 is corrective in nature and keeping in mind the recent ‘pin bar’on the daily frame (29.08), there is a risk of breaking lower, through 1.1830, towards 1.1660 support. Intraday allow another leg upwards, to 1.1980 resistance zone.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.1980 |
1.2070 |
1.1830 |
1.1830 |
1.2070 |
1.2160 |
1.1740 |
1.1660 |
USD/JPY
Current level – 109.53
The intraday outlook is negative, for a slide towards 109.00 static support. A violation of the latter will signal another test of 108.10 lows.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
109.80 |
111.00 |
109.00 |
108.10 |
110.60 |
112.20 |
108.10 |
107.00 |
GBP/USD
Current level – 1.2954
The bias remains positive, for a rise towards 1.3050 zone. Minor intraday support lies at 1.2930 and crucial on the downside is 1.2900.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.3050 |
1.3157 |
1.2900 |
1.2773 |
1.3157 |
1.3260 |
1.2846 |
1.2606 |