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EURUSD: With EUR taking out its support at the 1.2955 level to close lower on Tuesday and extending that weakness during early trading today, more decline is expected. Further down, support lies at the 1.2850 level followed by the 1.2750/35 levels

USDCHF – With a rally seeing USDCHF closing slightly above the 0.9566 level the past week, there is risk of further upside in the new week.This development leaves the pair targeting further strength towards the 0.9600 level. Further out, resistance

EURUSD: Although EUR turned back lower the past week after failing to follow through on the back of its previous week gains, it remains trapped in a consolidation range (watch out for a head and shoulders formation on the daily chart). A reversal of

USDJPY : With the pair halting its corrective pullback at the 96.99 level and closing higher the past week, we expect an extension of that strength to occur in the days ahead. This development leaves USDJPY targeting the 99.93 level. This if seen

EURUSD: A reversal of its Monday and Tuesday losses has cleared the way for a return to the 1.3242 level. A cut there here will resume its medium term uptrend and call for a run at the 1.3300 level. A clearance of this level will pave the way for a

EURJPY - The cross has resumed its medium term uptrend paving the way for more upside offensive towards the 132.00 level and then the 133.00 level. A cut through here will target the 133.50 level and then the 134.00 level. Its daily RSI is bullish

AUDUSD : With a sell off reversing its two-day rally, the risk is for that continue in the days ahead. Further down, support comes in at the 1.0219 level where a violation will turn attention to the 1.0150 level and then the 1.0100 level. Further

EURUSD: Though backing off slightly off its last week high, it looks to return to that level at 1.3242 level in the new week. Further out, resistance resides at the 1.3300 level where a break will call for a run at the 1.3350 level. Above here will

GBPUSD : GBP is seen pressing higher suggesting further strength in the days ahead. As long as it holds above the 1.5410 level, its medium term uptrend bias remains intact. This leaves the risk of an eventual return to the 1.5628 level likely where a

GBPUSD : With continued upside offensive seen, further gain is likely towards the 1.5600. Above here will target the 1.5650 level and then the 1.5700 level. Its daily RSI is bullish and pointing higher supporting this view. Conversely, on any

EURUSD: The pair continues to maintain its upside bias triggered from the 1.2744 level though hesitating. As long as it continues to trade and hold above the 1.2955 level, further upside offensive is expected towards the 1.3201 level. Further out

GBPUSD : Having rallied through the 1.5410 level, its April 11’2013 high on Thursday , further upside offensive is likely towards 1.5450 level. On a break and hold above here resistance resides at the 1.5500 level where a violation will call for a

USDJPY: With a rally seeing the pair strengthening further during Friday trading session , further upside offensive looks to target the 99.94 level. Above here is required to resume its medium term uptrend towards the 100.50 level. We may see a

USDCAD : With the pair continuing to maintain its upside bias, further upside offensive is likely. In such a case, the 1.0293 level will come in as the next upside target where a violation will aim at the 1.0341 level. Further out, resistance resides

EURUSD: Though seen consolidating, its broader bias remains to the upside as long EUR can trade and hold above the 1.3030/04 levels. However, the pair will have to break and hold above the 1.3106/34 level to prevent a return to the 1.2900 level and

USDJPY : With a consolidation of its recent strength seen, a return the 99.94 level is required to resume its broader upside. Further out, resistance resides at the 100.50 level. We may see a pullback from here but if broken, further upside could

EURUSD : With a second week of upside underway, further offensive is likely. This will leave the 1.3200 level as the next upside target with a cut through here calling for a run at the 1.3318 level. Further out, resistance resides at 1.3434 level

GOLD: With a strong sell off occurring the past week, further declines is likely to continue. This will leave the pair targeting further downside towards the 1,439.42 level, its weekly ema. We may see a back off higher from here but if broken further

USDJPY : With a strong rally seeing the pair continuing its past week upside offensive, further strength is likely in the days ahead. This leaves its big psycho level at 100.00 level as the next upside target were respite may occur and turn it lower

EURUSD : A reversal of its previous week losses has left the pair targeting further upside. This will leave the 1.3106 level as the next upside target with a cut through here calling for a run at the 1.3710 level. It will have to follow through