EUR/USD
Current level-1.4776
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.
Yesterday's corrective wave bottomed at 1.4650 and with the break above 1.4697 the uptrend was renewed for 1.4842. Intraday support comes at 1.4735 and crucial on the 1 h. chart is 1.4650.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4790 | 1.4842 | 1.50+ | 1.6040 |
| Support | 1.4735 | 1.4650 | 1.4444 | 1.3746 |
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USD/JPY
Current level - 88.26
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.
The fast rebound from 88.01 is to be considered corrective in nature and the pair has entered a minor consolidation before next leg downwards, to 87.12 lows. Intraday bias is still negative with a resistance around 88.44.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 88.47 | 89.06 | 89.99 | 97.90 |
| Support | 88.10 | 87.12 | 87.12 | 83.25 |
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GBP/USD
Current level- 1.6047
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.
Yesterday's rise broke through 1.6010 dynamic resistance and current bias is positive for 1.6130 major resistance area. Intraday support comes at 1.6010-24, followed by the crucial 1.5970. On the larger frames the pair is still in the prolonged consolidation above 1.5766 and a break below 1.5855 will target 1.5352 support zone.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.6130 | --- | 1.6130 | 1.6486 |
| Support | 1.6010 | 1.5970 | 1.5855 | 1.50+ |
