EUR/USD
Current level - 1.3591
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.
The pair broke below 1.3640 support and the bias continues to be negative for 1.3440 lows. Today expect a break below 1.3530 to target 1.3462. Important resistance on the upside is 1.3640.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.3640 | 1.3850 | 1.3850 | 1.4580 |
| Support | 1.3530 | 1.3462 | 1.3440 | 1.2880 |
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USD/JPY
Current level - 90.46
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.
Yesterday's test at 90.80 resistance failed again and although the bias here is neutral and the trend dynamics has been completely lost, we still favor a downside break for 88.10
| Minor | Intraday | Major | Intraweek | |
| Resistance | 90.79 | 91.50 | 93.40 | 95.60 |
| Support | 89.90 | 89.12 | 87.36 | 83.45 |
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GBP/USD
Current level - 1.5143
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 important support area at 1.5209 has been broken and the downtrend will accelerate towards 1.5030 dynamic support, en route to 1.4780. Intraday resistance comes at 1.5209.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5209 | 1.5382 | 1.5560 | 1.5833 |
| Support | 1.5120 | 1.5030 | 1.4460 | 1.3506 |
