Analysis

EUR/USD: Bullish above 1.1600, for 1.1720

EUR/USD Current level - 1.1632

The bias has switched to positive with yesterday's break through 1.1600, confirming a failure at 1.1510. The intraday outlook is positive above 1.1600, for a rise  towards 1.1720.

resistance
intraday intraweek
1.1650 1.1720
1.1720 1.1830
support
intraday intraweek
1.1600 1.1480
1.1510 1.1300

 

USD/JPY Current level - 109.98

The return below 110.30 has neutralized the bullish bias and the intraday outlook is neutral. Initial resistance lies at 110.30 and key support is projected at 109.50.

resistance
intraday intraweek
110.30 111.40
110.80 114.40
support
intraday intraweek
109.80 107.80
109.20 106.70

 

GBP/USD Current level - 1.3271

The violation of 1.3215 signals, that a bottom is in place at 1.3100 and the bias is positive above 1.3215, for a break through 1.3300, towards 1.3460.

resistance
intraday intraweek
1.3300 1.3618
1.3460 1.3990
support
intraday intraweek
1.3215 1.3040
1.3100 1.3040

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