EUR/USD
Current level-1.4316
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 1.4087 and 1.3463.
A minor downtrend unfolds from last week's high at 1.4378 and the pair is currently testing 1.4267 support zone. We favor the idea, that a break below that level will aim directly at 1.4167, en route to 1.4006. Crucial on the upside is 1.4340
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4379 | 1.4444 | 1.4444 | 1.50+ |
| Support | 1.4279 | 1.4167 | 1.4006 | 1.3746 |
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USD/JPY
Current level - 94.47
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 95.30 and 94.91.
The expected reversal took place at 93.40 and the pair is in a minor uptrend for 95.90. Crucial is 94.25.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 95.08 | 95.90 | 99.03 | 101.42 |
| Support | 93.41 | 91.67 | 93.07 | 87.12 |
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GBP/USD
Current level- 1.6476
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 current high at 1.6623 the pair marked the beginning of a downtrend for 1.6374 and while 1.6521 resistance holds, the outlook will be negative for 1.6277.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.6524 | 1.6663 | 1.7042 | 1.7447 |
| Support | 1.6375 | 1.6275 | 1.6030 | 1.5778 |
