EUR/USD
Current level-1.3615
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.
Yesterday's rebound from 1.3525 is just a part of the corrective wave below 1.3740 and there is still potential for one more downswing towards 1.3442-60 before advancing towards 1.3921. Nevertheless, a break above 1.3703 will state that the ranging mode is over and the uptrend is renewed.
| 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 - 95.89
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 negative bias has been sustained and the pair is targeting 93.58 support zone. Immediate resistance on the upside comes at 96.70.
| 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- 1.5218
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.
Still in the consolidation below 1.5352, that precedes an advance towards 1.5727. The intraday bias is neutral and will transform in bullish if we see a break above 1.5330. Important support comes at 1.4942.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5270 | 1.5370 | 1.5370 | 1.5727 |
| Support | 1.5059 | 1.5090 | 1.4942 | 1.3103 |
