EUR/USD
Current level-1.3469
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 is testing 1.3442 support zone and if that test fails we will see bounce back above 1.3525 resistance level. Crucial on the downside is 1.3244, because a violation of that level will clearly state, that the whole rise from 1.2887 is already completed.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.3525 | 1.3616 | 1.3740 | 1.3921 |
| Support | 1.3421 | 1.3367 | 1.3244 | 1.2328 |
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USD/JPY
Current level - 95.17
A short-term bottom has been set at 87.12 and a large consolidation is unfolding since. Trading is situated below the 50- and 200-day SMA, currently projected at 98.13 and 97.75.
We believe, that the slide from 99.75 has ended with the recent bottom at 94.53, so a larger consolidation is expected to develop, targeting 97.12 resistance level. Intraday bias is positive for 96.17.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 96.16 | 97.12 | 99.75 | 107.93 |
| Support | 94.53 | 93.58 | 93.58 | 87.12 |
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GBP/USD
Current level- 1.5193
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 | 1.4942 | 1.4942 | 1.3103 |
