EUR/USD
Current level-1.4564
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.
As expected, the pair broke below 1.4570 critical level, signalizing that a top is in place and a larger corrective phase is on the run, towards 1.4470-44 support area. Intraday bias is negative, while the pair holds below 1.4569 resistance. Crucial on the upside is 1.4606.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4569 | 1.4606 | 1.4720 | 1.50+ |
| Support | 1.4512 | 1.4444 | 1.4180 | 1.3746 |
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USD/JPY
Current level - 90.70
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.
Our target at 90.35 was fulfilled and the pair is in a corrective rebound for 92.03. Intraday crucial level is 90.19.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 91.23 | 92.03 | 99.03 | 101.42 |
| Support | 90.19 | 89.65 | 90.35 | 87.12 |
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GBP/USD
Current level- 1.6572
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.
Recent high at 1.6741 was confirmed to be the end of the rise from 1.6111, so currently a larger consolidation with a negative bias is underway, targeting 1.6430. Intraday resistance comes at 1.6602, followed by the crucial 1.6625.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.6603 | 1.6860 | 1.7042 | 1.7447 |
| Support | 1.6515 | 1.6430 | 1.6430 | 1.5778 |
