EUR/USD testing $1.15 again
Friday’s jobs data knocked EUR/USD back to the $1.15 support level, with a further test of this level this morning.
Fresh declines would target the $1.13 level. A move above $1.1660 is needed to suggest a broader move higher is underway, and even then it needs to clear $1.18, which has limited progress since the end of June.
EUR/USD price chart
GBP/USD headed lower once more
Another Brexit-related spike on Friday was swiftly defeated, and the GBP/USD price has headed back to $1.29.
Below this, $1.2773 and then $1.2635 come into play. A close above $1.3040 is needed to create a more bullish impression.
GBP/USD price chart
USD/JPY fails to recover ¥112.00
While we did see a recovery on Friday, USD/JPY has yet to move above the important ¥112.00 area.
Only such a move will create a more bullish impression. Further losses would bring the ¥110.50 support area into view, and then down to ¥109.80.
USD/JPY price chart