EUR/USD
Current level-1.4212
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.
We think, that the sell-off from yesterday's high at 1.4291 has the potential strength to test 1.4050 support, but current intraday bis is still positive and only a break below 1.4160 will transform it into bearish. Crucial on the upside is 1.4257 and intraday support comes at 1.4160.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4247 | 1.4337 | 1.4338 | 1.4720 |
| Support | 1.4145 | 1.4092 | 1.3830 | 1.3425 |
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USD/JPY
Current level - 94.86
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.
The overall bias here is positive for 96.+, but from an intraday point of view, a minor consolidation unfolds below 95.29, so expect one more drowning towards 94.31, before building a base for the next leg upwards.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 95.29 | 96.52 | 99.74 | 101.42 |
| Support | 94.30 | 91.67 | 89.60 | 87.12 |
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GBP/USD
Current level- 1.6512
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.
An impulsive downtrend is on the run, so expect a clear break below 1.6453 to target directly 1.6307.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.6585 | 1.6663 | 1.6746 | 1.70+ |
| Support | 1.6454 | 1.6307 | 1.5778 | 1.5352 |
