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EURJPY: Vulnerable, Faces Pullback Risk. EURJPY- Although the pair may be maintaining its broader medium term upside, it now faces corrective pullback risk. On the upside, resistance resides at the 146.53 level where a break if seen will threaten

USDCAD: Continues To Face Pullback Threats USDCAD: Having continued to look vulnerable, further decline is likely. On the downside, support lies at the 1.1200 level followed by the 1.1121 level where a reversal of roles as support is envisaged

USDCHF: Threatening Further Downside. USDCHF: The pair looks to continue its corrective pullback following its Tuesday weakness. On the upside, resistance resides at the 0.9700 level where a break will aim at the 0.9750 level. Further out, resistance

USDJPY: Loses Upside Momentum USDJPY: With USDJPY struggling to hold on to its gains, corrective pullback threats could be building up. On the upside, resistance resides at the 118.97 level followed by the 119.50 level where a break will target the

GBPUSD: Broader Bias Remains Lower. GBPUSD: We continue to hold on to our downside bias on GBP despite its recovery attempts. On the downside, support lies at the 1.5600 level where a break will aim at the 1.5550 level. A break of here will turn

EURUSD: Pressure Builds On Key Support EURUSD : With a follow through higher occurring the past week, further downside pressure is expected in the new week. However, EUR will have to break and hold below the 1.2500 level to extend its weakness. On

USDJPY: Loses Upside Momentum USDJPY: With USDJPY losing upside momentum to face price hesitation and possible weakness, risk now points lower. On the upside, resistance resides at the 115.51 level followed by the 116.00 level where a break will

EURUSD: Recovery Risk Develops EURUSD: With the pair closing marginally lower following its strong Friday close (see daily chart), it faces the risk of a recovery higher in the new week. If this occurs, expect more strength to occur towards the

GOLD: Threatens Recovery GOLD: With GOLD halting its weakness the past week to close slightly higher on a rejection candle, it faces recovery higher. On the downside, support stands at the 1,131.57 level. Below here if seen could trigger further

DA

GBPJPY: Set To Weaken Further GBPJPY – With corrective pullback triggered, further weakness is likely. On the upside, resistance lies at the 183.00 level followed by the 186.0 level where a break will aim at the 184.00 level. A cut through here will

AUDUSD: Faces Consolidation Risk AUDUSD: The pair continues to consolidate as it looks for directional trigger. Support lies at the 0.8700 level. A cut through here will turn attention to the 0.8650 level and then the 0.8600 level where a violation

USDCAD: Declines, Eyes Further Downside. USDCAD: With USDCAD declining strongly on Tuesday and following through lower on during Wednesday trading session , further weakness is envisaged. On the downside, support lies at the 1.1100 level followed by

AUDUSD: Declines, Targets Further Downside. AUDUSD: Having failed to hold on to its intraday gains and turning lower on Wednesday , further downside is envisaged. On the downside, support lies at the 0.8700 level. A cut through here will turn

AUDUSD: Halts Weakness, Rallies AUDUSD: With the pair on the verge of reversing its entire Friday losses, further strength is now envisaged. This is coming on the back of a rally off its intra day low at 0.8651. On the upside, resistance resides at

EURJPY: Targets Further Bullishness EURJPY- Having reversed its intra day weakness to close higher on a rejection candle formation on Thursday , further recovery higher is likely. Support comes in at the 135.50 level where a break will aim at the

USDJPY: Hesitates Ahead Of The 107.52 Level. USDJPY: Trouble is now looming ahead of the 107.52 level as USDJPY is now facing bear threat. If it closes lower on a negative candle, it would have ended its recovery and turned risk lower. On the

EURUSD: Risk Turns Lower, Extends Weakness EURUSD: With EUR turning lower on Tuesday and following through lower on Wednesday , further bearishness is now envisaged. On the other hand, support lies at the 1.2600 level where a break will expose the

GBPJPY: Strengthens, Eyes Further Upside GBPJPY – With GBPJPY taking back some of its intraday losses on Wednesday and strengthening during Thursday trading today, further upside pressure is expected. On the upside, resistance lies at the 173.50

USDCAD: Biased To The Downside On Pullback USDCAD: Our bias on the pair continues to point lower on correction of its recent strength. On the downside, support lies at the 1.1150 level followed by the 1.1100 level where a reversal of roles as support