EUR/USD
Current level – 1.1806
At the time of writing, the currency pair is consolidating around the level of the psychological resistance at 1.1800. A confirmation of the breach will pave the way for a test of the next significant resistance zone at around 1.1893, but before that, the bulls will need to overcome the minor resistance at 1.1830. The main support remains at around 1.1700. Today, there is no expected economic news and statements that will affect the market.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.1800 | 1.1890 | 1.1770 | 1.1670 |
1.1830 | 1.1890 | 1.1746 | 1.1600 |
USD/JPY
Current level – 109.81
The situation with the Ninja remains unchanged after the unsuccessful breach of the support zone at 109.73 from the previous trading session. The currency pair continues to trade in the narrow range between 109.48 – 110.18 and only a breach of one of the boundaries of the channel could determine a clearer direction for the USD/JPY.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
110.18 | 110.52 | 109.73 | 109.11 |
110.52 | 111.00 | 109.48 | 108.74 |
GBP/USD
Current level – 1.3761
At the time of writing, the consolidation around the resistance level at 1.3765 is not violated, with the most likely scenario being for an attempt to overcome the mentioned level. However, if the dollar manages to gain some positions against the British pound, we may witness a new depreciation towards the support zone at 1.3723, followed by the zone at 1.3600.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.3800 | 1.3880 | 1.3723 | 1.3567 |
1.3880 | 1.3939 | 1.3600 | 1.3508 |