EUR/USD
Current level-1.3412
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 break above 1.3415 resistance has neutralized the bearish momentum and currently the overall bias is positive for 1.3593, supported at 1.3342. Intraday allow more ranging above 1.3342 support zone before next leg upwards, for 1.3593.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.3515 | 1.3593 | 1.3740 | 1.3869 |
| Support | 1.3342 | 1.3090 | 1.2942 | 1.2457 |
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USD/JPY
Current level - 99.61
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.
Our first target at 100.16 was reached yesterday and the pair is in a corrective mode above 99.+, before advancing towards 100.98.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 99.69 | 100.13 | 102.16 | 103.55 |
| Support | 96.83 | 96.35 | 94.64 | 89.83 |
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GBP/USD
Current level- 1.4691
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.
Yesterday's uptrend peaked at 1.4778 resistance and currently the pair is in a corrective phase towards 1.4601 and 1.4518. A break above 1.4734 would jeopardize 1.4986.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4734 | 1.4772 | 1.4986 | 1.5727 |
| Support | 1.4601 | 1.4518 | 1.3960 | 1.30+ |
