EUR/USD
Current level-1.4542
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 1.4134 and 1.3523.
The pair is in a brief consolidation below 1.4601. The overall bias remains positive for 1.4653 with a risk limit below 1.4470.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4601 | 1.4652 | 1.4720 | 1.50+ |
| Support | 1.4530 | 1.4444 | 1.4180 | 1.3746 |
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USD/JPY
Current level - 92.10
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 94.86 and 94.84.
Yesterday's corrective phase peaked at 92.60 and the pair broke below 92.04, reaching temporary low at 91.61. Current rebound is corrective in nature, preceding next slide towards 90.35. Crucial on the upside is 92.60.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 93.20-40 | 95.50 | 99.03 | 101.42 |
| Support | 92.13 | 91.67 | 90.35 | 87.12 |
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GBP/USD
Current level- 1.6523
The pair is in a downtrend after peaking at 1.7042. Trading is situated between the 50- and 200-day SMA, currently projected at 1.6454 and 1.5258.
Still in the corrective pattern below 1.6589 and we think, that the support area around 1.6440 will initiate a rise towards 1.6752 major target. Crucial remains 1.6325.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.6589 | 1.6663 | 1.6753 | 1.7042 |
| Support | 1.6440 | 1.6326 | 1.5980 | 1.5778 |
