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USDJPY: With its correction fading we look for USDJPY to return to the 94.45 level. Further out, resistance resides at the 95.00 level with a turn above here aiming at the 95.50 level followed by the 96.00 level and next the 96.50 level. On the

GBPUSD: With GBP selling off to reverse its previous week gains and close lower at the end of the week, further bearishness is likely in the new week. This development leaves it targeting its support located at the 1.5450 level where a violation will

GBPUSD: GBP has sold off and taken out its key support at the 1.5630 level, its Feb 05’2013 low. This has exposed the 1.5500 level and set the stage for further declines. A violation of the 1.5500 level will call for more declines towards the 1.5450

AUDUSD: Price extension below the 1.0344 level is now seen following an early morning sell off. Further down, support resides at the 1.0300 level with a turn below here pushing it further lower towards the 1.0250 level and possibly the 1.0200 level

EURGBP- Although the cross closed higher for a second week in a row the past week, it will have to break and hold above the 0.7961 level to resume its corrective recovery triggered from the 0.7761 level. This if seen will open the door for a run at