Analysis

USD/JPY: Expect continuation of the upmove, towards 111.90

EUR/USD Current level - 1.1809

There is an intraday risk of a brief rise to 1.1870 and it should finalize the consolidation pattern above 1.1760, hence provoke another leg downwards, to 1.1680. Crucial on the upside is 1.1890 area, as a violation of that zone will neutralize the bearish outlook.

resistance
intraday intraweek
1.1890 1.2060
1.2000 1.2160
support
intraday intraweek
1.1760 1.1720
1.1720 1.1480

 

USD/JPY Current level - 110.85

The upmove has reached 111.00 resistance and after brief consolidation above 109.50 a continuation should be expected, towards 111.90 zone.

resistance
intraday intraweek
111.00 111.90
111.90 114.40
support
intraday intraweek
110.50 110.00
110.00 108.50

 

GBP/USD Current level - 1.3515

Still bearish here, for a dip towards 1.3300 area. Crucial on the upside is 1.3615 static resistance.

resistance
intraday intraweek
1.3615 1.3990
1.3710 1.4100
support
intraday intraweek
1.3450 1.3460
1.3310 1.3310

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