EUR/USD
Current level-1.3598
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.
Recent test of the 1.3442 support zone has failed and the overall bias is positive for a break above 1.3658 and 1.3740. Crucial for the intraday uptrend is 1.3538.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.3658 | 1.3740 | 1.3740 | 1.3921 |
| Support | 1.3538 | 1.3421 | 1.3244 | 1.2328 |
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USD/JPY
Current level - 96.51
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.
As expected, 94.55 was confirmed to be the end of the slide from 99.74, so current bias is positive for 97.12. Intraday support comes at 96.50 and crucial is 96.12.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 97.12 | ---- | 99.75 | 107.93 |
| Support | 96.50 | 96.12 | 93.58 | 87.12 |
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GBP/USD
Current level- 1.5438
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 consolidation below 1.5352 was finalized with yesterday's break above 1.5286 and the uptrend is renewed for 1.5563 and 1.5727. Intraday support comes at 1.5352 and crucial is 1.5293.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5563 | 1.5727 | 1.5727 | 1.63+ |
| Support | 1.5352 | 1.5293 | 1.4942 | 1.3103 |
