EUR/USD
Current level-1.4966
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.
With the recent break below 1.4970 a top has been confirmed at 1.5049 and the pair entered a larger corrective phase towards 1.4915, en route to 1.4836. Intraday bias is negative for 1.4915 with a risk-limit above 1.5015.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5015 | 1.5063 | 1.5290 | 1.6040 |
| Support | 1.4915 | 1.4836 | 1.4623 | 1.4444 |
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USD/JPY
Current level - 89.82
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 pair is in a tight range below 90.06 and the momentum has been completely lost. Only a break above 90.30 will renew the bullish outlook for 91.58 resistance. Initial support comes at 89.53.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 90.30 | 91.58 | 92.40 | 97.90 |
| Support | 89.17 | 88.82 | 87.12 | 83.25 |
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GBP/USD
Current level- 1.6524
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.
The reversal at 1.6797 started a downtrend, that is currently testing the dynamic support around 1.6515. The overall bias is negative and while the pair stays below 1.6624, the focus will be set on 1.6250 support area.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.6624 | 1.6840 | 1.7042 | 1.7442 |
| Support | 1.6515 | 1.6250 | 1.6519 | 1.5706 |
