EUR/USD
Current level-1.5034
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 consolidation below 1.5022 has ended at 1.4937 low and the uptrend is renewed towards 1.5124. Crucial on the downside is 1.4970.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5063 | 1.5124 | 1.5290 | 1.6040 |
| Support | 1.4970 | 1.4920 | 1.4623 | 1.4444 |
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USD/JPY
Current level - 89.93
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 expected reversal is already a fact, although it took place few pips above our target area at 89.17-88.83. Intraday bias is positive for 90.30, initial support comes at 89.67 and next target beyond 90.30 is 91.58.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 90.75 | 91.58 | 92.40 | 97.90 |
| Support | 89.83 | 88.82 | 87.12 | 83.25 |
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GBP/USD
Current level- 1.6746
The pair is in a downtrend after peaking at 1.7042. Trading is situated above the 50- and 200-day SMA, currently projected at 1.6454 and 1.5258.
Yesterday's break above 1.6703 resistance denied our idea of further depreciation and it looks like the pair is caught in the 1.6520-1.6840 range on the 2 h. chart. Intraday bias is positive for 1.6815 with a support around 1.6709.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.6840 | 1.6901 | 1.7042 | 1.7442 |
| Support | 1.6709 | 1.6519 | 1.6519 | 1.5706 |
