EUR/USD
Current level-1.4280
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.
The negative bias has been sustained and the pair tries to break convincingly below 1.4267, en route to 1.4160. Crucial on the upside is 1.4310.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4379 | 1.4444 | 1.4444 | 1.50+ |
| Support | 1.4267 | 1.4160 | 1.4006 | 1.3746 |
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USD/JPY
Current level - 94.37
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.
Yesterday's reversal at 95.07 provoked a corrective pull back all the way down to 93.80, but the intraday bias is positive again for 95.07 and 95.90, with a risk limit below 93.80.
| 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- 1.6375
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.
Current bias remains negative for 1.6270 and 1.6030. Crucial on the upside is 1.6430, as if we see a break above that level it will signal, that the corrective phase above 1.6273 is not over yet.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.6430 | 1.6550 | 1.6663 | 1.7042 |
| Support | 1.6275 | 1.6160 | 1.6030 | 1.5778 |
