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EURUSD: Closes Higher With Caution EURUSD: Though EUR closed higher the past week, it gave back most of those gains suggesting a move lower may occur in the new week. Resistance is seen at the 1.1250 level with a cut through here opening the door for

GBPUSD: Continues To Face Downside Threats GBPUSD: With GBP extending its weakness the past week, further downside pressure is likely. As at the time of this analysis, it was seen pressuring the downside suggesting more weakness. On the downside

AUDUSD: Remains Weak And Vulnerable AUDUSD: With AUDUSD continuing to face downside pressure as it followed through lower during Tuesday session, risk remains to the downside on more weakness. On the downside, support lies at the 0.7400 level. A cut

USDCAD: Sets Up To Weaken On Correction USDCAD: With USDCAD strengthening further on Tuesday , it faces further upside risk. However, having lost a lot of those gains on Tuesday, we could see a correction lower in the days ahead. It was seen

GBPUSD: Targets Further Downside GBPUSD: Despite its present price hesitation, it faces downside pressure. On the downside, support lies at the 1.5400 level where a break if seen will aim at the 1.5350 level. A break of here will turn attention to

EURUSD: Risk Points Higher EURUSD: With EUR closing higher the past week, we look for more recovery higher to occur. Resistance is seen at the 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level. Further up

USDJPY: Bullish, Faces Further Upside Threats USDJPY: H With a follow through higher on the back of its Friday gain seen during Monday trading session , more strength is envisaged. On the upside, resistance resides at the 124.00 level with a turn

USDCHF: Retains Recovery Risk USDCHF: With the pair taking back almost all of its past week losses to close marginally higher, it faces the risk of a move higher in the new week. On the downside, support comes in at the 0.9550 level. A turn below

CRUDE OIL: Triggers Correction, Eyes More Strengthen CRUDE OIL: With the commodity closing higher on further correction on Wednesday, it faces further upside pressure. On the downside, support lies at the 48.00 level where a break will expose the

GBPUSD: Triggers Correction On Price Failure GBPUSD: With GBP triggering a correction during Monday trading session , we expect more weakness to occur in the days ahead. On the upside, resistance resides at the 1.5900 level with a break aiming at the

USDJPY: Bullish, Remains On The Offensive USDJPY: With USDJPY maintaining its bullish offensive following its Monday strength, further upside pressure is likely in the days ahead. It looks to retarget the 124.24 level. On the upside, resistance

USDCHF: Bullish With Eyes On Key Resistance USDCHF: With the pair building up on its corrective offensive on Thursday , it faces the risk of further bullishness. Resistance resides at the 0.9428 level with a breach targeting the 0.9500 level. A

EURJPY: Bullish Above Key Support At 137.97 Level EURJPY- The cross held above its key support at the 137.97 level on Thursday leaving risk of a move higher on the cards. On the downside, support comes in at the 138.00 level where a break will aim at

USDCAD: Recovering With Caution USDCAD: Although is seen threatening recovery higher, as long as it trades below the 1.2421 level, we still see risk to the downside. On the upside, resistance is seen at the 1.2400 level followed by the 1.2450 level

EURUSD: Vulnerable Despite Weekly Higher Close EURUSD: Although EUR closed higher the past week, it faces downside pressure after losing a quarter of its last week gains (see daily chart). This development leaves it vulnerable to the downside

GOLD: Faces Downside Pressure With Warning GOLD: Having maintained a third week of declines the past week, GOLD now faces the risk of more weakness in the new week. However, a halt in decline may occur at its key support. Support comes in at the

GBPUSD: Bullish, Eyes Further Upside GBPUSD: Having followed through higher on Wednesday , further bullishness is envisaged. This development leaves the pair targeting further upside towards the 1.5600 level where a break will aim at the 1.5650 level

GBPUSD: Faces Further Upside Risk GBPUSD: GBP’s outlook continues to point higher with risk of more gains envisaged. On the upside, resistance resides at the 1.5650 level with a break aiming at the 1.5700 level. A violation of here will aim at the

GBPUSD: Bullish, On The Tear GBPUSD: With GBP strengthening strongly further on Wednesday , further bullishness is envisaged. This development leaves the pair targeting further upside towards the 1.5813 level where a break will aim at the 1.5850

USDCHF: Closes Lower On Bearishness USDCHF: With USDCHF closing lower the past week, the pair continues to face downside pressure into the new week. On the downside, support comes in at the 0.9070 level. A turn below here will open the door for more