EUR/USD
Current level-1.2746
EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are rising, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3292 and 1.4721.
The sell-off from 1.3328 was confirmed to be an impulsive one with toady's break below 1.2769, so current bias is extremely negative for 1.2547 and 1.2421. First resistance on the upside is 1.2782 and crucial for the minor trend is 1.2840.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.2929 | 1.3090 | 1.3530 | 1.4135 |
| Support | 1.2701 | 1.2643 | 1.2547 | 1.2330 |
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USD/JPY
Current level - 89.12
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.
Still in the broad consolidation above 87.12 and there are no signs of topping so far. Only below 88.01 the pair will enter a fast downtrend towards 86.31 and 83.01. Intraday support comes at 88.73 and nice resistance on the upside is 91.26.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 91.02 | 91.59 | 91.59 | 94.64 |
| Support | 88.90 | 88.43 | 87.12 | 79.83 |
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GBP/USD
Current level- 1.4234
The pair is in a the last phase of the downtrend from 2.0153. Trading is situated below the 50- and 200-day SMA, currently projected at 1.5505 and 1.8341.
With last week's peak at 1.4512 the pair has entered a larger corrective phase, which is expected to bottom around 1.4121-34 before next leg upwards, to 1.50+. Crucial is 1.4020 and important level on the upside is the intraday resistance at 1.4347.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4374 | 1.4470 | 1.4620 | 1.5722 |
| Support | 1.4035 | 1.3920 | 1.3372 | 1.30+ |
