EUR/USD
Current level-1.3245
EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated between the 50- and 200-Day SMA, currently projected at 1.2951 and 1.3834.
Yesterday's low at 1.3112 was a test of the 1.3092 support zone and currently a larger corrective phase is on the run, targeting 1.3328 and probably 1.3410 resistance. Intraday bias is rather neutral, considering the ranging mode at the moment, but on the lower frames there is an uptrend for 1.3328, with a risk limit below 1.3210.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.3328 | 1.3410 | 1.3740 | 1.3869 |
| Support | 1.3210 | 1.3090 | 1.2942 | 1.2457 |
__________
USD/JPY
Current level - 98.17
A short-term bottom has been set at 87.12 and a large consolidation is unfolding since. Trading is situated between the 50- and 200-day SMA, currently projected at 94.12 and 99.36.
After breaking above the 96.96 resistance, the pair advanced quickly towards the important zone around 98.98. A break beyond 98.98 will set a target in the 100.93-100.16 area.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 99.69 | 100.13 | 102.16 | 103.55 |
| Support | 96.83 | 96.35 | 94.64 | 89.83 |
__________
GBP/USD
Current level- 1.4314
The pair is in a corrective phase, after bottoming at 1.3506. Trading is situated between the 50- and 200-day SMA, currently projected at 1.4259 and 1.6470.
With yesterday's low at 1.4106, the pair has entered a corrective phase, aiming at the 1.4403 resistance.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4403 | 1.4772 | 1.4986 | 1.5727 |
| Support | 1.4115 | 1.3960 | 1.3960 | 1.30+ |
