EUR/USD
Current level-1.3693
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.
As expected, the pair built reliable support at 1.3559 and is currently testing 1.3740 resistance. Only a break below 1.3590 will state, that a top is in place and will signal a larger consolidation above 1.3442 support is in process.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.3740 | 1.3740 | 1.3921 | 1.4719 |
| Support | 1.3590 | 1.3442 | 1.3244 | 1.2328 |
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USD/JPY
Current level - 96.42
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.
Probably the pair has entered a larger corrective phase above 95.77 low, but the overall bias is negative for 93.58. Intraday support comes at 96.03 and important resistances on the upside are 97.12 and 97.90.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 97.12 | 97.90 | 100.74 | 107.93 |
| Support | 96.03 | 95.64 | 93.58 | 87.12 |
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GBP/USD
Current level- 1.5297
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.
With the recent high at 1.5352 the pair has tested the 1.5372 resistance zone and is currently consolidating below that level. The positive bias has been sustained and while the pair manages to hold above 1.5171 current uptrend will be intact. A break below 1.5171 and mostly below the crucial 1.5093 will signal, that a larger consolidation is underway, targeting 1.4942.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5352 | 1.5370 | 1.5370 | 1.5727 |
| Support | 1.5171 | 1.5090 | 1.4942 | 1.3103 |
