In commodities, gold is looking bullish. The pound and the yen are also looking strong. The FOMC statement released by the Fed yesterday was dovish and the greenback weakened.
The EUR/USD pair has found support at 1.1251 and is looking bullish at the moment. The resistance levels are 1.1265, 1.1304, and 1.1397. The support levels are 1.1251, 1.1207, and 1.1181.
The USD/JPY pair looks bearish due to the dovish FOMC statement released yesterday and tensions between the US and Iran in the gulf region. The resistance levels are 107.90, 108.16, and 108.75. The support levels are 106.02, 103.60, and 103.48.
The GBP/USD pair is seeing a strong recovery and is pressing the 1.27 level for resistance. The resistance levels are 1.2750, 1.2828, and 1.2924. The support levels are 1.2639, 1.2610, and 1.2606.