EUR/USD
Current level-1.4406
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 1.4037 and 1.3372.
The pair broke through 1.4338, reaching intraday high at 1.4444. Current slide from 1.4444 is corrective n nature and precedes next leg upwards, to 1.4670. Important support comes at 1.4340.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4444 | 1.4560 | 1.4719 | 1.50+ |
| Support | 1.4340 | 1.4309 | 1.4014 | 1.3746 |
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USD/JPY
Current level - 95.08
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 will keep our view, that the pair is in a downtrend towards 94.01 and 93.07, and nearest support comes at 94.55.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 95.22 | 95.87 | 96.43 | 101.42 |
| Support | 94.50 | 94.01 | 93.07 | 87.12 |
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GBP/USD
Current level- 1.6934
The pair is in an uptrend, after bottoming at 1.6310. Trading is situated above the 50- and 200-day SMA, currently projected at 1.6324 and 1.5155.
With the recent high at 1.7004 the pair entered a larger corrective phase, that will probably test 1.6878 support before next advance towards 1.7167. The overall bias remains positive for 1.7167 and 1.7447.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.7005 | 1.7160 | 1.7025 | 1.7447 |
| Support | 1.6878 | 1.6770 | 1.6310 | 1.6030 |
