EUR/USD
Current level – 1.1636
The rebound after 1.1570 is still underway, with a risk of breaking higher, towards 1.1700-1720 static resistance. The latter should cap the upside and is expected to initiate a start of another sell-off, towards 1.1480 and 1.1300.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.1660 | 1.1840 | 1.1580 | 1.1480 |
1.1720 | 1.1940 | 1.1480 | 1.1300 |
USD/JPY
Current level – 113.08
The slide through 113.30 low shows, that the negative bias, which originated at 114.50 is still intact, but my outlook is counter-trend, for a reversal above 112.40 and renewal of the rise towards 115.50. Key hurdle lies at 113.50.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
114.50 | 114.50 | 113.50 | 111.00 |
115.50 | 115.50 | 113.05 | 107.30 |
GBP/USD
Current level – 1.3208
Yesterday’s violation of 1.3180 minor hurdle shows, that the rise from 1.3067 low is a part of the prolonged consolidation pattern on the daily frame above 1.3020 and the intraday bias is positive, for a break through 1.3220, towards 1.3280, with a risk of another attempt at 1.3340. The mentioned leg from 1.3067 should be considered a prelude to a new sell-off on the senior frames, to 1.2760. Key intraday support lies at 1.3150.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.3220 | 1.3340 | 1.3150 | 1.3020 |
1.3280 | 1.3650 | 1.3067 | 1.2760 |