EUR/USD
EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are descending, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3458 and 1.4206.
The overall bias remains bullish for 1.3120 resistance with a crucial level at 1.2976. Initial intraday support is 1.3045.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.3120 | 1.3120 | 1.31+ | 1.3850 |
| Support | 1.2976 | 1.2889 | 1.2731 | 1.2150 |
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USD/JPY
Current level - 87.26
The pair is in a broad consolidation above 84.78 short-term low. Trading is situated below the 50- and 200-day SMA, currently projected at 92.60 and 91.06.
Yesterday's slide broke below 87.70 support and marked an intraday low at 87.10. There is still a chance for one more spike upwards in the corrective pattern above 86.25, before renewing the overall downtrend towards 84.78. Crucial on the downside is 86.82.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 88.60 | 89.20 | 89.20 | 93.70 |
| Support | 86.82 | 86.25 | 84.78 | 79.20 |
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GBP/USD
Current level - 1.5630
The pair is in a downtrend after peaking at 1.7042. Trading is situated below the 50- and 200-day SMA, currently projected at 1.5057 and 1.5851.
The upmove is intact, heading towards the target area 1.5775-5830. Important support zone is projected at 1.5570.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5690 | 1.5775 | 1.5830 | 1.6460 |
| Support | 1.5570 | 1.5443 | 1.5118 | 1.4226 |
