Analysis

EUR/USD: The downtrend is on track, heading towards 1.0600

EUR/USD Current level - 1.0752

The outlook remains bearish, for a slide towards 1.0710, en route to 1.0600 static support. Initial resistance lies at 1.0780, followed by 1.0828.

resistance
intraday intraweek
1.0780 1.0904
1.0828 1.1010
support
intraday intraweek
1.0710 1.0710
1.0600 1.0600

 

USD/JPY Current level - 111.16

Yesterday's precise test of 110.70 support area has failed and the outlook is bullish, for a break through 111.45, towards 112.26 zone.

resistance
intraday intraweek
111.45 113.50
112.26 115.65
support
intraday intraweek
110.70 109.75
110.10 107.80

 

GBP/USD Current level - 1.2434

The bias is still negative below 1.2470, for a slide towards 1.2330, en route to 1.2240. Crucial on the upside is 1.2530.

resistance
intraday intraweek
1.2470 1.2619
1.2619 1.2705
support
intraday intraweek
1.2335 1.2107
1.2230 1.1984

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