EUR/USD
Current level-1.3389
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.
As expected, the pair peaked at 1.3582 and a downtrend emerged from recent highs, that currently consolidates above the 1.3319 dynamic support. The overall bias remains negative for 1.3261 and 1.3092.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.3423 | 1.3582 | 1.3740 | 1.3869 |
| Support | 1.3319 | 1.3189 | 1.3092 | 1.2457 |
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USD/JPY
Current level - 100.48
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.
The expected reversal is already a fact, so a clear break below 100.28 will target 99.35 and 98.67.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 102.16 | 103.55 | 103.55 | 107.93 |
| Support | 100.30 | 99.34 | 98.61 | 93.58 |
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GBP/USD
Current level- 1.4727
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 test of the 1.4986 resistance zone failed and the pair is in a downtrend towards 1.4513. Intraday bias is neutral and will transform in bearish after a break below 1.4652.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4844 | 1.4986 | 1.4986 | 1.5727 |
| Support | 1.4652 | 1.4513 | 1.4430 | 1.3670 |
