EUR/USD
Current level – 1.2272
The reversal at 1.2160 signals a prolonged consolidation pattern and despite the positive intraday bias there is still a chance for a dip to 1.2090 before renewal of the general uptrend towards 1.2500. Key intraday support lies at 1.2217.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.2285 | 1.2500 | 1.2217 | 1.2090 |
1.2320 | 1.2500 | 1.2090 | 1.1910 |
USD/JPY
Current level – 110.68
The pullback below 111.00 has neutralized the positive bias and current situation is neutral. Initial resistance lies at 111.20 and a violation of 110.20 low will challenge 109.50 zone.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
111.20 | 112.00 | 110.60 | 109.50 |
112.00 | 113.75 | 110.20 | 109.50 |
GBP/USD
Current level – 1.3917
The consolidation pattern here is still underway and while trading remains capped below 1.3940 peak there will be a chance for another dip to 1.3800 before climbing beyond 1.4000 hurdle.
Resistance | Support | ||
intraday | intraweek | intraday | intraweek |
1.3940 | 1.4000 | 1.3800 | 1.3611 |
1.3940 | 1.4340 | 1.33730 | 1.3460 |