Current level - 1.3780

The pair is in a broad consolidation pattern below 1.4580 resistancearea and current sell-off from 1.4550 is expected to be the final slideto complete that pattern. Techical indicators on the larger frames areneutral and trading is situated betweenthe 50 and 200 dailySMAs,currently projected at 1.4301  and 1.4020.

Still in the consolidation pattern above 1.3608 low and theintraday bias is positive towards 1.3890. I think, that current risefrom 1.3655 is the third, final part of the mentioned consolidation andit precedes a sell-off towards 1.3520 and 1.3360. Important intradayresistance lies at 1.3717.

Key Market Levels

1.3820	1.3872	1.4250	1.4550
1.3710	1.3636	1.3520	1.3360

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 Current level - 78.08

The overall downtrend continues to be intact, aiming at new historical lows below 75.95. Technical indicators are still descending and crucial resistance on the daily frame is 80.20.

A consolidation pattern above 77.70 support is underway and one more upswing for a tight test of 80.00 resistance area is to be expected. Intraday resistance can be found around 78.50 dynamic projection. 

Key Market Levels

78.50	79.50	80.+	81.50
77.70	76.60	75.75	74.20

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 Current level - 1.5965

The pair is in a downtrend from 1.6616 high. Technical indicators aredescending and trading is situated below the50- and 200-day SMA, currently projected at 1.6209 and 1.6098.

Yesterday's downtrend failed to break below 1.5853 major supportand the trading remains caught in a tight range. The intraday bias ispositive, but expect any rebound to be limited below 1.6060 before nextleg downwards, to 1.5680.

Key Market Levels

1.6060	1.6168	1.6250	1.6440
1.5970	1.5891	1.5853	1.5680