EUR/USD
Current level-1.3612
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 1.3064 and 1.3524.
After Friday's minor consolidation above 1.3342 the pair broke through the 1.3468 resistance, reaching high at 1.3668. Currently another consolidation is on the run and we expect it to be limited above 1.3572 before next leg upwards, to 1.3740. Important support comes at 1.3442 and crucial on the 4 h. chart remains 1.3244.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.3668 | 1.3740 | 1.3740 | 1.4719 |
| Support | 1.3572 | 1.3442 | 1.3244 | 1.2328 |
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USD/JPY
Current level - 98.59
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 bias remains negative for 97.12 with nearest resistance at 98.90 and risk-limit above 99.55.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 98.90 | 99.55 | 100.74 | 107.93 |
| Support | 98.12 | 97.12 | 93.58 | 87.12 |
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GBP/USD
Current level- 1.5173
The pair is in a broad corrective phase, after bottoming at 1.3506. Trading is situated between the 50- and 200-day SMA, currently projected at 1.4422 and 1.5896.
The positive bias has been sustained and the pair is in a minor consolidation above 1.5119 before next leg upwards for 1.5372. Crucial is 1.4942.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5248 | 1.5370 | 1.5370 | 1.5727 |
| Support | 1.5119 | 1.4948 | 1.4112 | 1.3103 |
