EUR/USD
Current level-1.4324
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.
After yesterday's break above 1.4310, the pair is back in ranging mode between 1.4350 and 1.4209. Although the intraday bias is neutral, on the 2 and 4 h. charts a bullish set-up is being formed, targeting 1.4444.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4350 | 1.4444 | 1.4444 | 1.50+ |
| Support | 1.4209 | 1.4160 | 1.4006 | 1.3746 |
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USD/JPY
Current level - 94.13
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 slide from 95.07 has potential for one more downswing to 93.65, before advancing towards 95.50 resistance.
| 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- 1.6334
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 1.6444 and first resistance comes at 1.6352.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.6430 | 1.6550 | 1.6663 | 1.7042 |
| Support | 1.6275 | 1.6160 | 1.6030 | 1.5778 |
