EUR/USD

There have been no noticeable changes over the previous day. The pair remains in the attraction zone of the daily short-term trend (1.2179) and all other pivot points retain their position and significance today. The most important resistance continues to hold the defense at 1.2243 (historical level). Meanwhile, the nearest support levels such as 1.2150 - 1.2126 - 1.2103 - 1.2068 (historical level + daily levels and the weekly crosses of Ichimoku) form a fairly wide zone, with a slight distance from each other.

The struggle for the key levels in the smaller time frame continues. Currently, bullish traders are trying to stay higher, fixing the central pivot level (1.2177) and the weekly long-term trend (1.2170) for the purpose of support. To further develop the situation and strengthen the euro's sentiment, it is necessary to leave the attraction and influence zone of key levels (1.2177-70). Today, the resistances of the classic pivot levels are set at 1.2189 - 1.2207 - 1.2219, while the intraday support levels are at 1.2159 - 1.2147 - 1.2129.

GBP/USD

Today, the daily short-term trend still acts as the center of gravity and continues to restrain the movement from development. Therefore, the situation in its conclusions and expectations has not changed significantly. The pound remains in the consolidation zone. The main resistance of this area is still located at 1.4240, and the role of the nearest support belongs to the worked-out target for the breakdown of the Ichimoku cloud (1.4137 - 1.4090).

The situation in the smaller time frames is also far from drastic changes, but the current initial advantage belongs to the bulls. They have consolidated above the key levels, which are joining forces in the area of 1.4150 (central pivot level + weekly long-term trend), and have the support of the analyzed technical indicators. Now, it is necessary to update the previous low (1.4190), with the further formation of successive extremes, to gain enough advantage and further strengthen the bullish mood.

The resistances of the classic pivot levels, which can also affect the intraday movement, are seen at 1.4183 - 1.4215 - 1.4247. In turn, the supports of the classic pivot levels are at 1.4119 - 1.4087 - 1.4055.

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Ichimoku Kinko Hyo (9.26.52) and Kijun-sen levels in the higher time frames, as well as classic Pivot Points and Moving Average (120) on the H1 chart, are used in the technical analysis of the trading instruments.