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Daily Outlook: EUR/USD, USD/JPY, GBP/USD

Published 02/04/2013, 09:17 AM
Updated 03/09/2019, 08:30 AM
EUR/USD

Current level - 1.3595
EUR/USD

A top has been set at 1.3710 and current intraday bias is negative below 1.3616 resistance. A clear break through 1.3585 support will signal a larger pullback to 1.3480 area
Resistance support
USD/JPY

Current level - 93.05
USD/JPY
The downtrend here is intact, targeting 93.80 minor resistance. Initial intraday support is projected at 92.88 and crucial on the downside is 92.50.
Resistance support
GBP/USD

Current level - 1.5718
GBP/USD
Friday's break through 1.5805 dynamic support sets a top at 1.5877 and the pair is testing again 1.5670 lows. While 1.5673 low is intact, I will expect a rebound towards 1.5810 area.
Resistance support

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