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GOLD: The commodity continues to hold on to its recovery higher but may have run into the bears as price hesitation has set in. However, it will have to retake the 1,375 levels to prevent risk of a return to the downside. In case this occurs, support

GBPUSD: Continued weakness saw GBP extending its corrective pullback on Tuesday . This leaves the risk of further downside on the cards. Support lies at the 1.6000 level followed by 1.5950 level and then the 1.5900 level. Further down, support lies

USDCHF – While USDCHF may be recovering, its broader downside bias still remains intact. And with that recovery running out of steam, downside threats cannot be ruled out. This suggests on ending its corrective recovery, a return to the 0.8889 level

EURUSD: With a sharp sell off occurring the past week, further downside is likely towards the 1.3400 level. Further down, support comes in at the 1.3325 level where a violation if seen will aim at the 1.3250 level and possibly lower towards the

GOLD: With GOLD’s inability to follow through higher seeing it closing lower the past week, risk remains lower. This development leaves support standing at the 1,251.56 level where a breach will aim at the 1,215.00 level. Further down, support comes

USDJPY: While its immediate risk remains higher, USDJPY will have to break and hold above its declining trendline to prevent a return to the downside. Supports come in at the 96.56/18 levels. Below here if seen will aim at the 95.00 level where a

AUDUSD: With continued bullishness seen, more upside offensive is the likely scenario. However, the pair will have to break and hold above the 0.9528 level to trigger its recovery in the short term. Once this occurs, expect a run at the 0.9600 level

USDCHF – With a reversal of its previous week gains occurring the past week, further decline is expected as we enter a new week. This will leave the 0.8967 level as the next downside target where a violation will aim at the 0.8900 level. A turn below

EURUSD: With EUR resuming its medium term uptrend, further upside offensive is likely in the days ahead. This suggests further upside is expected towards 1.3710 level. Further out, resistance resides at the 1.3800 level followed by the 1.3850 level

GOLD: GOLD triggered a recovery higher the past week leaving room for more upside in the new week. However, it will have to overcome the 1,329 level to extend its upside. A failure for this to occur could mean a return to the downside with eyes on

CRUDE OIL: Despite its Thursday flat close, Crude Oil remains biased to the downside medium term. This leaves the risk of a return to the 95.95 level. A breach of here will turn attention to the 95.00 level followed by the 94.00 level and then the

EURUSD: With more bullishness exposing further upside, EUR looks to extend its strength. Resistance resides at the 1.3900 level. Further out, resistance comes in at the 1.3950 level followed by the 1.4000 level and possibly higher towards the 1.4050

USDCHF – With continued downside seen the past week, further declines are likely in the new week. This will leave the 0.8850 level as the next downside target where a violation will aim at the 0.8800 level. A turn below here will turn attention to

EURUSD: With EUR bullish and extending its strength the past week, further upside is likely in the new week. Further out, resistance resides at the 1.3850 level followed by the 1.3900 level and possibly higher towards the 1.3950 level. A cut through

GOLD: The commodity continues to hold on to its recovery higher suggesting further upside is envisaged. However, it will have to retake the 1,375 levels to prevent risk of a return to the downside. In case this occurs, support lies at the 1,240.00

EURUSD: With continued hold on to its broader uptrend seen, more gains are likely in the days ahead. As long as it holds above the 1.3568 level, its medium term uptrend remains intact. Resistance resides at the 1.3710 level, its Feb 01’2013 high with

GOLD: The commodity remains vulnerable to the downside having declined the past week. The risk is for more downside to occur towards the 1,272.00 level. A violation of here will aim at the 1,250.00 level with a turn below here shifting attention to

EURUSD: With the pair maintaining its broader upside there is risk of an eventual return to the upside. As long as it can hold above the 1.3568 level, its medium term uptrend remains intact. Resistance resides at the 1.3645 level where a breach will

GOLD: The commodity broke lower today leaving the risk of further downside on the cards. The threat is for more weakness to occur towards the 1,272.00 level. A violation of this level will aim at the 1,250.00 level with a turn below here shifting

GBPUSD: GBP extended its corrective weakness on Thursday leaving more downside pressure on the cards. Support comes in at the 1.5950 level where a violation will aim at the 1.5900 level. Further down, the 1.5850 level stands as the next downside