AUD/USDThe Australian dollar spent most of the week trying to rally but continues to struggle with the 0.7350 level. The market has pulled back a bit to show signs of exhaustion. We continue to try to break out, but a short-term pullback should be an opportunity. If we break above the 0.7350 level on a daily close, then the market will go looking towards the 0.75 handle. There is a lot of noise in this area because the Reserve Bank of Australia is likely to keep loose; but then again, so does the Federal Reserve. I see massive support underneath at the 0.71 handle. EUR/USDThe euro initially tried to rally during the course of the week, reaching towards the 1.19 level. That is an area that has been massive resistance which extends to the 1.20 level above. It looks as if we are going to stick to the same range, between the 1.15 handle and 1.20 level over the longer term. The next week will probably see some pullback, but this is a market that continues to be very noisy in general. However, if the market were to break above the 1.20 level, then we have the “green light” to go towards the 1.23 handle. USD/JPYThe US dollar initially tried to rally during the course of the week but found the ¥105 level to be too expensive. The market pulled back and crashed through the ¥104 level. We will eventually continue the downward pressure though, as the US dollar is getting beaten up by the Federal Reserve and the world at large. Furthermore, the Japanese yen is considered to be a safety currency, something that many people will be looking towards. I think short-term rallies continue to be selling opportunities. GBP/USDThe British pound rallied during the course of the week, testing the very top of the previous week’s shooting star candlestick. That is a very strong sign and you need to keep looking at the British pound through the same lens of “buying on the dips.” Obviously, Brexit can cause a lot of trouble, but it is only a matter of looking for value and taking advantage of it as traders are pricing in the idea of a deal.

EUR/USD whereas above 1.1849 it is more probable to rise further towards 1.1882 or 1.1907. After that could see it falls below 1.1831 zones. Ex-High: 1.1882 Ex-Low: 1.1816 Supports and Resistance levels: Support 1: 1.1831 Supports 2: 1.1816 Resistance 1: 1.1868 Resistances 2: 1.1882 Pivot: 1.1849

EUR/USD whereas below 1.1849 it is more probable to fall further towards 1.1807 or 1.1781 Ex-High: 1.1891 Ex-Low: 1.1849 Supports and Resistance levels: Support 1: 1.1859 Supports 2: 1.1849 Resistance 1: 1.1870 Resistances 2: 1.1882 Pivot: 1.1870

EUR/USD whereas below 1.1868 it is more probable to fall further towards 1.1854 or 1.1842. Early rise above 1.1868 could see it rising above 1.1893 zone. Ex-High: 1.1893 Ex-Low: 1.1842 Supports and Resistance levels: Support 1: 1.1854 Supports 2: 1.1842 Resistance 1: 1.1882 Resistances 2: 1.1893 Pivot: 1.1868

EUR/USD has initial signs of a decent corrective recovery towards 1.1827 or even 1.1814. Resistance at 1.1868 and 1.1889 areas. Ex-High: 1.1868 Ex-Low: 1.1814 Supports and Resistance levels: Support 1: 1.1827 Supports 2: 1.1814 Resistance 1: 1.1857 Resistances 2: 1.1868 Pivot: 1.1841

EUR/USD whereas above 1.1818 it is more probable to rise further towards 1.1837 or 1.1851. Early fall below 1.1808 could see it fall below 1.1799 zone. Ex-High: 1.1837 Ex-Low: 1.1799 Supports and Resistance levels: Support 1: 1.1808 Supports 2: 1.1799 Resistance 1: 1.1829 Resistances 2: 1.1837 Pivot: 1.1818

GBP/JPYThe British pound rallied dramatically throughout the course of the week but gave back the gains near the ¥ 140 level. The British pound is trying to regain its footing in this general location. I like the idea of buying temporary pullbacks with the expectation that we go looking towards the ¥ 140 level yet once more. To the downside, there ought to be large amounts of assistance at the ¥ 135 level as well. The British pound appears to have nine lives, so I simulate the suggestion of buying temporary dips greater than anything else. EUR/USDThe euro has dropped throughout a lot of the week, getting to down towards the 1.1750 level before jumping. The euro looks likely to go towards the top of this overall variety as well as test the 1.19 deal with. Between the 1.19 level and also the 1.20 level, I think that fading indications of fatigue will certainly remain to work. Nonetheless, if we break over the 1.20 level, it would be an enormous breakout as well as open the possibility of the euro going all the way to the 1.25 take care of. The marketplace is likely to see a lot of volatility, but I still think that trying to find signs of fatigue above exercise the very best. AUD/USDThe Australian dollar has rallied during the course of the week, yet remains to show signs of exhaustion near the 0.7350 level. This is a market that will possibly discover buyers below, yet the truth that the Reserve Bank of Australia is likely to do even more quantitative easing might confine just how high this market can go. The marketplace has a tough floor down at the 0.70 level, as well as cracking below there would certainly open up the trapdoor. I believe we see some weak point, adhered to by a recovery better to the 0.71 deal with. USD/CADThe United States dollar initially broke down versus the Canadian dollar for the week yet has actually recovered quite well to get rid of the 200-week EMA. If we can break over the top of the candlestick for the week, it is likely that the United States dollar increases towards the 1.34 take care of versus the Canadian dollar. Watch on oil, as it does often tend to have a bit of an unfavorable correlation to this pair.

EUR/USD whereas above 1.1809 it is more probable to rise further towards 1.1823 or 1.1847. Early fall below 1.1809 could see it fall below 1.1773zone. Ex-High: 1.1823 Ex-Low: 1.1758 Supports and Resistance levels: Support 1: 1.1773 Supports 2: 1.1758 Resistance 1: 1.1809 Resistances 2: 1.1823 Pivot: 1.1790

EUR/USD whereas above 1.1832 it is more probable to rise further towards 1.1866 or 1.1919. Early fall below 1.1789 could see it fall below 1.1766 zone. Ex-High: 1.1832 Ex-Low: 1.1745 Supports and Resistance levels: Support 1: 1.1766 Supports 2: 1.1745 Resistance 1: 1.1814 Resistances 2: 1.1832 Pivot: 1.1789