EUR/USD
Current level-1.3236
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 negative intraday bias was sustained and after minor consolidation above 1.3226 support, the downtrend is renewed for 1.3092. Crucial is 1.3303.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.3303 | 1.3487 | 1.3740 | 1.3869 |
| Support | 1.3165 | 1.3092 | 1.3092 | 1.2457 |
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USD/JPY
Current level - 98.25
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 target at 98.87 was filled, but the minor downtrend is still intact and there are no signs of a reversal, so we favor continued negative bias towards 96.01 and 93.58. Crucial is 100.74. Intraday resistance comes at 99.36
| Minor | Intraday | Major | Intraweek | |
| Resistance | 99.36 | 100.74 | 103.55 | 107.93 |
| Support | 98.12 | 96.01 | 96.01 | 93.58 |
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GBP/USD
Current level- 1.4866
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.
It is not clear enough if Monday's rise is actually the beginning of the expected uptrend towards 1.5301, so only a break above 1.4986 will confirm that such an upmove is already on the run.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4896 | 1.4986 | 1.4986 | 1.5727 |
| Support | 1.4777 | 1.4582 | 1.4430 | 1.3670 |
