• EUR/USD

eurusd150709


Current level-1.4103

EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated above the 50- and 200-Day SMA, currently projected at 1.3064 and 1.3524.
  
Unfortunately, yesterday's peak at 1.4164 is not yet confirmed to be a final of the rise from 1.3912, so one more upward attempt can not be ruled out, but we expect a clear break below 1.4055 to target directly 1.3972, en route to 1.3912 support zone.

Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.41641.42011.43381.4720
Support1.40551.38671.37201.3425

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  • USD/JPY

usdjpy160709

Current level - 93.67

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.

Currently a minor consolidation unfolds above 93.25 low and we expect it to be limited below 94.09, before renewing of the downtrend towards 91.70, en route to 89.60.

Key Market Levels
MinorIntradayMajorIntraweek
Resistance93.5895.5299.74101.42
Support92.1391.6789.6087.12

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  • GBP/USD

gbpusd130709

Current level- 1.6310

The pair is in an downtrend, after peaking at 1.6746. Trading is situated above the 50- and 200-day SMA, currently projected at 1.4778 and 1.5510.
   
The recent break below 1.6355 has stated, that a top is in place at 1.6482 and the overall bias is expected to be negative for 1.6235 and 1.6105 dynamic support. Intraday resistance comes at 1.6360, followed by the crucial 1.6413.

Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.63701.65481.67461.70+
Support1.62251.60321.57781.5352