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AUDUSD : With continued bearishness seen, the risk is for more weakness towards the 0.9000/0.8997 levels to occur. A breach of here will call for a run at the 0.8900 level and possibly lower towards the 0.8850 level. Its daily RSI is bearish and

USDCHF – A second week of decline has seen the pair weakening and threatening further downside with eyes on the 0.9303 level. Below here will set the stage for a move lower towards the 0.9200 level where a violation will aim at the 0.9130 level

EURUSD : With a strong rally pushing the pair higher for a third consecutive week, further strength is expected in the new week. This development has left the pair targeting further upside towards the 1.3415 level with a break resuming its broader

GBPUSD : With GBP returning above the 1.5304 level, further upside offensive is likely towards the 1.5450 level. Further out, resistance stands at the 1.5500 level where a violation will aim at the 1.5550 level. Its daily RSI is bullish and pointing

AUDUSD: With a sell of ending AUDUSD’s recovery on Wednesday , it faces the risk of an eventual return to the 0.9000/0.8997 levels. A breach of here will call for a run at the 0.8900 level and possibly lower towards the 0.8850 level. Its daily RSI is

EURUSD : With EUR bullish and threatening further upside offensive, the risk is for more strength towards the 1.3301 level, its Jun 20’2013 high. This is coming on the back of its rally triggered off the 1.2764 level on July 10’2013. Further out

USDCAD : Downside vulnerability remains intact on correction as USDCAD is selling off and looks to extend further weakness. In such a case, expect the pair to return to the 1.0300 level. That level is now being pressured. A break will aim at 1.0250

GBPUSD: With continued upside offensive seeing the pair breaking and holding above the 1.5304 level during Monday trading session , further bullishness is expected. In such a case, the 1.5400 level will be targeted with a breach paving the way for

EURUSD : EUR remains biased to the upside as it looks to strengthen further in the new week. This development has left the pair targeting further upside towards the 1.3207 level with a break turning attention to the 1.3297 level. A cut through there

USDCHF – A second week of decline has seen the pair weakening and threatening further downside with eyes on the 0.9303 level. Below here will set the stage for a move lower towards the 0.9200 level where a violation will aim at the 0.9130 level

GBPUSD : Bullish offensive is likely to continue as GBP looks to strengthen further. This if seen will aim at the 1.5304 level where a violation will target the 1.5400 level. Its daily RSI is bullish and pointing higher supporting this view. As long

GOLD: The commodity is now facing price hesitation following its past week rally. It will have to hold firmly above the 1,267.00 level to keep its recovery off the 1,180.22 level intact. Further out, resistance resides at the 1,321/38 levels with a

EURJPY - The cross may have closed marginally lower the past week but continues to retain its broader upside bias as it faces further upside offensive. It was seen threatening further upside at the time of writing this report. The risk is for it to

EURUSD : Recovery saw EUR taking back its previous week losses to close higher the past week. This development has left EUR targeting further upside towards the 1.3207 level with a break turning attention to the 1.3297 level. A cut through there will

USDCAD : The pair remains on the defensive having continued to maintain a downside tone following its corrective weakness. Further down, support comes in at the 1.0350 level and then the 1.0250 level. Its daily RSI is bearish and pointing lower

GBPUSD: With a reversal of its one-day recovery occurring on Tuesday following a sell off, there is risk of further weakness though seen hesitating. The immediate support is at the 1.4930/00 area where a violation will push it further lower towards

USDJPY: The pair remains biased to the upside despite its price hesitation on Monday . Resistance resides at the 101.50 level with violation of here creating scope for a run at the 102.00 level. Further out, resistance comes in at the 102.51 level

GBPUSD : While corrective recovery attempts have set in, GBP’s broader downside bias remains intact as long as the 1.5003 level remains unbroken. On ending its correction it should retarget the 1.4830 level. We expect a halt to occur here and

USDCHF – With continued bullish offensive seen the past week, USDCHF looks to extend that gain in the new week. This is coming on the back of a strong third consecutive week of bullishness. This development has exposed the 0.9716 level, its weekly

EURUSD: With EUR selling off to reverse its Wednesday gains on Thursday , there is risk of further declines in the days ahead. Further down, support resides at the 1.2837 level where a violation will aim at the 1.2798 level. Bears may come in here