EUR/USD
Current level-1.3621
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.
The minor consolidation below 1.3668 is close to its end, so a break above 1.3636 should target 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 - 97.27
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 97.12 has been met, but the bias is still negative, so expect further drowning towards 96.49 where a reversal should be expected, for 97.91. Crucial on the intraday charts is 97.75.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 97.70 | 99.55 | 100.74 | 107.93 |
| Support | 97.12 | 96.49 | 93.58 | 87.12 |
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GBP/USD
Current level- 1.5182
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 below 1.5248 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 |
