Current level - 1.2342
Janet Yellen's statement interrupted the EUR/USD northbound correction and printed the greatest daily loss of the currency pair since September 4th to consolidate in the 1.2345 zone. Next target ahead of the EUR/USD will be the 1.2246 area. Both short and long term chart frames signal a negative mood and confirmation will follow once the 1.2322 level goes down.
intraday intraweek 1.2560 1.2600 1.2600 1.2880 Support intraday intraweek 1.2322 1.2246 1.2246 1.2040
Current level - 118.56
After the correction to 115.54 the pair gained pace to close above 118.80. Full confirmation of the northbound trend will follow once the 119.00 obstacle falls. Levels to watch in the long run is 122.00 once the pair goes through 119.80.
Resistanceintraday intraweek 119.00 122.00 119.80 124.16 Support intraday intraweek 116.50 116.00 116.00 115.30
Current level - 1.5589
The range-bound trading in GBP/USD between the 1.5750 resistance and the 1.5530 support remains intact. In the mid-term we expect the downtrend of the pair to resume in direction of the key 1.5430 support.
intraday intraweek 1.5754 1.5940 1.5825 1.6020 Support intraday intraweek 1.5529 1.5430 1.5430 1.5196