FXTechstrategyTeam / Profile

AUDUSD: With continued upside seen there is risk of a return to the 1.0496 level. This if seen will resume its offensive towards the 1.0550 level where a break will aim at the 1.0600 level and then the 1.0650 level. However, a failure of its present

EURUSD: With a sell off reversing its corrective recovery the past week, further weakness is likely in the new week. This leaves the pair targeting the 1.2700 level with a loss of here turning attention to the 1.2660 level and then the 1.2600 level

CRUDE OIL: Having maintained its upside offensive, further gain is likely towards the 98.22 level. A breach will resume its medium term uptrend with resistance standing at the 99.00 level with a loss of there turning attention to the 99.50 level. On

USDCAD: Our 1.0099 target is now seen as the next support as USDCAD is seen weakening. A decisive break of here will set the stage for a run at the 1.0050 level where a halt may occur and turn higher. However, if this breaks, expect a decline towards

USDCHF: With USDCHF vulnerable on corrective weakness, it may see further downside in the new week. However, if this fails to occur, expect the pair to recapture the 0.9566 level. A cut through here will mean further upside offensive towards the

USDJPY: USDJPY may have pulled back and tested the 94.45 level on a gap today but continues to hold on to its broader upside medium term. As long as the 94.45 level holds as support, there is risk of an eventual return to the 96.70 level on ending

EURUSD: EUR halted its medium term weakness and turned higher the past week suggesting further upside. It will have to follow through higher in the new or risk a return to the 1.2911 level followed by the 1.2882 level where a halt could occur and

USDCHF- With a fifth week of gains seeing USDCHF closing higher at the week, further bullish offensive is likely in the new week. However, it will have to decisively break and hold above the 0.9511 level to create scope for more bullishness towards

GOLD: While GOLD may have traded flat the past week, it continues to look weak and vulnerable. This suggests further downside towards the 1,554 level. A violation will pave the way for a run at the 1,530.00 level with a breach aiming at the 1,500.00

GOLD: Our GOLD broader view remains to the downside suggesting an eventual return to the 1,554 level. A violation will pave the way for a run at the 1,530.00 level. A breach will aim at the 1,500.00 level, its psycho level. We expect a price

GBPUSD: With GBP resuming its broader downside weakness, it looks to decline further towards the 1.4900 level. We expect this level to hold if tested and then turn the pair higher. Further down, support comes in at the 1.4800 level followed by the

USDJPY: With USDJPY rallying through the 94.45 level to resume its broader upside, there is risk of continued strength towards the 96.00 level. A cut through here will call for a run at the 96.50 level where a breach will target the 97.00 level. Its

AUDUSD: As indicated in our weekly outlook, AUDUSD extended its broader medium term weakness during Monday trading today. With the pair now holding below the 1.0200 level and testing a low of 1.0114 level, there is risk of further downside pressure

USDJPY: The pair still faces downside pressure on correction. Further downside is likely towards the 90.86 level. Below here could force further downside towards the 90.00 level. On ending the mentioned correction, it should return above the 94.45

USDCHF: With USDCHF returning above its broken trendline and taking out the 0.9388 level, its Feb 18’2013 high, it looks to extend its broader upside in the new week. Further out, resistance comes in at the 0.9511 level where a violation will set the

EURGBP- With an unsustained rally at the 0.8814 level seeing the cross turning lower on Monday , further price consolidation cannot be ruled out. This could force further downside towards the 0.8567 level. However, while this level caps, there is

GOLD: With a follow-through lower occurring the past week, further weakness is envisaged in the new week. This development leaves GOLD vulnerable towards the 1,554.04 level. This is consistent with its broader weakness triggered from the 1,795 level

EURUSD: EUR remains vulnerable as it is now trading at its rising trendline support at 1.3209 level. This level must hold to prevent a deeper weakness and possibly see the pair eventually return to the 1.3434 level. Above here will pave the way for a

USDCHF: With USDCHF maintaining its upside tone, there is risk of further price extension. In such a case, the 9293 level, its trendline resistance could come in as the next upside objective. A cap is likely to occur here and turn it lower but if

CRUDE OIL: With the commodity rallying to halt its corrective weakness, the risk is for Crude Oil to return to the 98.22 level.This is consistent with its broader medium term uptrend now on hold. A violation of the 98.22 level will set the stage for