EUR/USD
Current level-1.3651
EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are neutral, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.4793 and 1.4169.
Yesterday's rise tested the dynamic resistance at 1.3678 and after a brief consolidation the pair will be ready for a break above 1.3705, towards 1.3850 main target. Initial support comes at 1.3620.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.3680 | 1.3736 | 1.3850 | 1.4580 |
| Support | 1.3620 | 1.3442 | 1.30+ | 1.2880 |
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USD/JPY
Current level - 90.47
The overall downtrend has been renewed with the recent break below 87.12. Trading is situated below the 50- and 200-day SMA, currently projected at 89.50 and 93.54.
The overall bias here remains positive for 91.50 dynamic resistance and intraday support can be found at 90.18.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 90.80 | 91.50 | 93.40 | 95.60 |
| Support | 90.18 | 89.50 | 87.36 | 83.45 |
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GBP/USD
Current level- 1.4979
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.
The expected reversal took place at 1.4871 and the pair is finally in the third leg of the consolidation above 1.4778, towards 1.5120 and 1.5352. Intraday resistance comes at 1.5020.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5018 | 1.5120 | 1.5390 | 1.5833 |
| Support | 1.4855 | 1.4855 | 1.4460 | 1.3506 |
