EUR/USD
Current level-1.4234
EUR/USD is in an uptrend, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are rising, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.3292 and 1.4721.
The pair reached our target at 1.3880 and after dipping to 1.3821 reversed, climbing steadily above 1.3930. The uptrend from 1.3821 is intact, aiming at our target at 1.4345. Intraday support comes at 1.4182, followed by 1.4128.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.3821 | 1.4361 | 1.4361 | 1.4865 |
| Support | 1.3676 | 1.3625 | 1.3280 | 1.2547 |
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USD/JPY
Current level - 92.72
The pair has finalized its consolidation above 90.95 at 97.48 and the general downtrend has been renewed, targeting 79.86. Trading is situated below the 50- and 200-day SMA, currently projected at 107.61 and 105.76.
Obvoiusly the corrective "flat" below 90.97 has ended at 89.76 and uptrend is on the run towards 93.52. We still hold on to our view, that current uptrend from 87.12 is corrective in nature, preceding next slide to 86.31 and 83.01.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 92.83 | 93.52 | 97.48 | 100.53 |
| Support | 91.68 | 90.97 | 87.12 | 79.83 |
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GBP/USD
Current level- 1.4476
The pair has finalized the downtrend from 2.0153 at 1.4477 and is currently in a broad consolidation towards 1.6676. Trading is situated below the 50- and 200-day SMA, currently projected at 1.5505 and 1.8341.
With the break below 1.4477, the general downtrend has been renewed, targeting 1.3768. Current consolidation above 1.4382 is expected to be limited below 1.4821 before next leg downwards, to 1.4103.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4579 | 1.4820 | 1.5722 | 1.6301 |
| Support | 1.4382 | 1.4103 | 1.4103 | 1.3678 |
