http://www.fxstreet.com/technical/analysis-reports/special-focus/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/analysis-reports/special-focus/2009-10-26.htmlIn This Issue: USDJPY: Channel Top To Provide Resistance - Outlook for USDJPY though nearer term higher, is largely bearish short and medium terms suggesting its current recovery. USDJPY USDJPY: Channel Top To Provide Resistance USDJPY – Outlook for USDJPY though nearer term higher, is largely bearish short and medium terms suggesting its current recovery is corrective of its declines triggered off the 101.43 level in April’09. More evidence of this view is provided by its falling channelMon, 26 Oct 2009 13:44:41 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2009-10-26.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2009-10-19.htmlIn This Issue: EURJPY: Set To Breakout Of Its Symmetrical Triangle - Having maintained a third week of upside gains following its failure below its triangle bottom at 130.24 and subsequent recovery EURJPY EURJPY: Set To Breakout Of Its Symmetrical Triangle. EURJPY - Having maintained a third week of upside gains following its failure below its triangle bottom at 130.24 and subsequent recovery higher, the cross now looks to build on those gains with eyes on the breakout of the mentionedMon, 19 Oct 2009 13:20:55 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2009-10-19.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2009-10-05.htmlIn This Issue: AUDUSD: Correction With Upside Bias - AUDUSD strengthened for eight months in a roll the past month building on its medium term uptrend triggered in late April’09. With this uptrend coming on the back of a base forming. AUDUSD AUDUSD: Correction With Upside Bias AUDUSD strengthened for eight months in a roll the past month building on its medium term uptrend triggered in late April’09. With this uptrend coming on the back of a base forming process in Oct’08 and Feb’09 and aMon, 05 Oct 2009 08:48:05 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2009-10-05.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2009-09-14.htmlIn This Issue: USDJPY: Journey To The 87.10 Level Shapes Up - Havingextended its losses triggered off the 93.29 level, its Sept 07’09 high through the 91.73 level and resumed it short term. USDJPY USDJPY: Journey To The 87.10 Level Shapes Up. USDJPY: Havingextended its losses triggered off the 93.29 level, its Sept 07’09 high through the 91.73 level and resumed it short term declines, USDJPY is now poised to head further lower focusing on its stronger support zone located at the 87.10 level,Mon, 14 Sep 2009 13:23:33 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2009-09-14.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2009-09-08.htmlEURUSD: MT Outlook Still Remains To The Upside EURUSD : Although nearer term EUR continues to correct or consolidate its rally initiated off the 1.2456 level, its Mar’09 low, its overall outlook remains to the upside in the medium term. This view is clearly buttressed by its rising channel now seen on the weekly timeframe coupled with its bullish monthly momentum studies. Its medium term uptrend is coming on the back of a decline activated in 2007 off the 1.6037 high which eventually halted atTue, 08 Sep 2009 16:59:11 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2009-09-08.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2009-07-28.htmlAUDUSD: Breaks Above The 0.8262 Level, Resumes Its Medium Term Uptrend -With the rally triggered off the 0.6246 level, its Feb’09 low pausing at the 0.8262 level, its early Jun’09 high and corrective pullbacks ensuing for almost two months, AUDUSD was seen breaking through the 0.8262 level today. With the rally triggered off the 0.6246 level, its Feb’09 low pausing at the 0.8262 level, its early Jun’09 high and corrective pullbacks ensuing for almost two months, AUDUSD was seen breakingTue, 28 Jul 2009 12:10:28 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2009-07-28.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2009-04-14.htmlEURUSD:Holding Above Long Term Support - Watch Out For Upside Risks -With the pair’s longer term declines initiated in Nov’07 at 2.1161 now halted and having bottomed in Jan’09 (at the 1.3504 level) and worked its way higher for the last two to three months, continued hold on to those gains by GBP and maintaining above the mentioned longer term support zone will risk further higher prices. With the pair’s longer term declines initiated in Nov’07 at 2.1161 now halted and having bottomed inTue, 14 Apr 2009 09:02:18 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2009-04-14.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2009-03-25.htmlEURUSD: Double Bottom Pattern To Trigger Medium Downside Reversal - The last two weeks has seen EUR failing ahead of its bigger support printed in Oct’08 at 1.2330.It later reversed sharply higher through its key overhead resistance levels to finally break and hold above its broader range top at 1.3330 to maintain a second consecutive week of upside gains the past week. The current price development has halted the pair’s return to its medium term low at the 1.2330 level and triggeredWed, 25 Mar 2009 10:18:30 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2009-03-25.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2009-03-09.htmlAUDUSD: Trapped In A Range With A Downside Bias - As failure off the 0.7269 level, its Jan 07’09 high drove the pair lower to test a low of 0.6286 the past week, AUDUSD continues to trade within its sideways trading now established between the 0.6008 and the 0.7269 levels.... With the pair’s rise off the 0.4476 level, representing its April’01 low ending at the 0.9851 level on July 15’08, it collapsed off that high for five consecutive months before halting at the 0.6008 level inMon, 09 Mar 2009 13:47:33 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2009-03-09.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2009-01-26.htmlEURJPY: Medium Term Bearish Structure Continues To Be Maintained - Although consolidative to corrective price activities have started to shape up after EURJPY’s declines to a low of 112.09 was rejected on Wednesday last week, the cross continues to maintain its medium bearish tone triggered off the 169.97,its July’08 high...  EURJPY Although consolidative to corrective price activities have started to shape up after EURJPY declines to a low of 112.09 was rejected on Wednesday last week,Mon, 26 Jan 2009 14:50:36 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2009-01-26.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2008-12-02.htmlWhile USDCHF put in a negative weekly close the past week, it remains suggestive of a corrective pullback of its current medium term uptrend started at the 0.9639 level. The pair’s bottoming and reversal off the 0.9639 level, its Mar’08 low came on the back of its multi-year sell off from the 1.8222 level, representing its July’01 high. That declines bottomed out in Dec’04 at 1.1288 where a rally pushing the pair to a high of 1.3287 in Nov’05 ensued. The nine months rally ended at that levelTue, 02 Dec 2008 14:10:56 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2008-12-02.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2008-10-27.htmlWith persistent strength seen since decisively breaking out of its 8-month rectangle pattern in August’08,USDCAD now looks to build on that strength targeting its .618 Ret(1.6186- 0.9058 decline) at 1.3483 and possibly the 1.4005 level, representing its May’04 high. Figure 1: Weekly Chart USDCAD had for most part of 2007 weakened and continued its long term decline off the 1.6188(Jan’2002 high) to a low of 0.9058 before a bottoming process initiated by a hammer candle pattern halted downsideMon, 27 Oct 2008 14:21:09 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2008-10-27.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2008-06-13.htmlA fourth-week of upside attacks pushed EURJPY through its declining trendline to resolve to the upside from its 10 months plus symmetrical triangle on June 05’08.While the cross maintains and holds onto those gains above its breakout point, risk for surpassing its 2007 high at 168.74 and even meeting its triangle price objective at 179.33 remains.EURJPY has risen steadily since bottoming out in late 2000 at 88.87 except for pullbacks/consolation along the way which helped it build more energyFri, 13 Jun 2008 09:45:26 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2008-06-13.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2008-05-05.htmlUSDCAD traded higher for a second week in a row the past week maintaining within its established trading range and below its major emas. Having maintained its multi-year decline off the 1.6168 high (2002 high) to an alltime low of 0.9058 in Nov’2007, USDCAD entered a recovery phase in late Nov’07 and propelled to a high of 1.0249(Dec 14’08 high) before pulling back to close the year at 0.9972.A fresh up leg pushed the pair above its Dec’07 high at 1.0249 to a YTD high of 1.0379(Jan 22’08)Mon, 05 May 2008 08:15:48 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2008-05-05.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2008-02-25.htmlGold (Futures) traded to a new year high on Thursday breaking through its Jan 30’08 high at $942.30 to close the week at $947.50.The current upsurge in price is coming on the back of a break out of a symmetrical triangle (weekly) in late December’07.With the metal now holding above its recent consolidation band between $888.50 and $942.30, further upside gains is likely with the next target seen at its big psycho resistance at $1000 followed by $1050.Longer term outlook as well as the dailyMon, 25 Feb 2008 10:44:11 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2008-02-25.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2008-01-07.htmlCrude oil opened the year on the offensive attacking its 2007 high at $99.20 registered in Nov’07 last week. It briefly traded at $100.10 on Thursday before ending the week at $97.77 on Friday. This new challenge on the said high ($99.20) is coming on the back of a failure at the $98.60/99.20 levels and its subsequent strength off the $85.85 low printed in early Dec’07.A fourth-consecutive week of the mentioned recovery was recorded the past week which suggests that a possible push through theMon, 07 Jan 2008 07:52:09 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2008-01-07.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2007-11-05.htmlGOLD futures broke and closed above its strong psychological resistance level at $800 on Friday, opening up scope for further upside gains aiming at its 1.618 Fib Ext. (monthly chart)/Jan 21’1980 high at $847.64/$850 zone. This price momentum is coming on the back of a break out of its sideways range in early Sept’07 and an invalidation of its May’06 high at $732.50 followed with a push through its weekly channel top in early Oct’07.Having overcome the $800 level, nearby resistance levels areMon, 05 Nov 2007 09:06:26 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2007-11-05.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2007-10-17.htmlCrude Oil (Futures)- While Crude Oil is up for the six consecutive days after printing its highest price in its chart history on Tuesday, its psychologically important level now beckons at $90.With a turn off its lows at $79.45/15 and a push through its weekly rising channel, Crude Oil remains supported by its Sept 28’07 high/top of the broken channel at $84.74/$83.75 on any pullback from its current levels. This scenario remains corrective of its bullish medium and longer term outlook. BeyondWed, 17 Oct 2007 15:27:39 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2007-10-17.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2007-10-15.htmlGOLD (Futures)- While Gold futures shot to a new 2007 high of $759.30 the past week breaking through its sideways consolidation price objective at $756.50(established by measuring the width of the range and projecting it from the breakout point), its 1.272 Fib Ext. at $782.51 is now seen as the next technical resistance. Above here will set the stage for a run at its psychological level at $800.00 and then its 1.618 Fib Ext at $849.10.However, with overbought condition now a factor on theMon, 15 Oct 2007 10:00:52 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2007-10-15.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2007-10-08.htmlUSDCAD: Breaks To A New 31-year Low USDCAD: Remains below its parity level and continues to trade lower breaking to a fresh 31- year low of 0.9787 on Friday. This development leaves the pair under pressure for further downside weakness and also vulnerable to corrective upmove judging from overextension of its momentum indicators. The former will target its immediate support at the 0.9800 level, its psycho level and the 0.9781/87 area, representing its channel base/Oct 05’07 low while theMon, 08 Oct 2007 09:03:25 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2007-10-08.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2007-10-01.htmlAUDUSD: Sees Lowest Price Since Feb’1989 AUDUSD- shot to a 17-year plus high of 0.8887 on Friday breaking through its year-to-date high at 0.8870 to close the week at 0.8882.This development is coming on the heels of a decline to as low as 0.7676 in Mid-August’07 which was followed by a recovery through layers of resistance manifesting in the current break higher. Upside targets stand at its psycho level at 0.9000 and higher at the 0.9200 level, its 1.272 Fib Ext.Immediate downside target liesMon, 01 Oct 2007 08:24:25 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2007-10-01.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2007-09-26.v02.htmlUS Dollar Index: Continues To Head Lower US Dollar Index- Continues to weaken pushing to a new 2007 low of $78.21 and resuming its medium term weakness Tuesday. The Index prices are expected to head further lower towards its psychological support at $78.00 and possibly beyond. On the other hand, respite may come on Index’s way now that its daily RSI and Stochastics are bottoming from its recent downside weakness. This suggests that consolidation to upside strength is expected initially towardsWed, 26 Sep 2007 10:15:08 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2007-09-26.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2007-09-26.htmlEURGBP short to a 3-year and 8 months high of 0.7011 on Thursday breaking through its July’06 high to close at 0.7000, its highest price since Jan 06’04.This upside offensive is coming on the heels of a third-week of consecutive higher closes after failing at 0.6738(Sept 04’07 low) low before breaking through its major emas. With EURGBP’s rally off the 0.5689/0.5736 zone, its May/Oct, 2000(Monthly chart) petering out at 0.7257 in May’03 and later collapsing to a low of 0.6542 in April’04,theWed, 26 Sep 2007 08:20:46 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2007-09-26.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2007-09-20.htmlAUDUSD saw a follow-through to the upside Wednesday after a bounce off its .50 Ret (0.8870-0.7673 decline) at 0.8273 pushed it through its daily 50/100 emas and .618 Ret at 0.8408 to form a bullish engulfing candle pattern on Tuesday. With the invalidation of these layers of résistance, targets are now seen at its .786 Ret at 0.8609,its Aug 09’07 high at 0.8660 and its year-to-date high at 0.8870 registered in late July’07.Downside begins at the 0.8456 level set on Sept 17’07 followed by itsThu, 20 Sep 2007 09:50:27 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2007-09-20.htmlhttp://www.fxstreet.com/technical/analysis-reports/special-focus/2007-09-17.htmlUSDCAD has continued to maintain its corrective/consolidative mode with upside bias having recovered off its 1.0338 low registered in late July’07.The correction took the pair to as high as 1.0865 in Aug 16’07 before a new wave of selling pushed it to a low of 1.0530 on Aug 20’07. USDCAD’s fall to the said multi-year low was prompted by its failure at the 1.1875 high set in late Feb’07 which caused a sharp decline for five consecutive months before finding a temporary bottom at the 1.0338 inMon, 17 Sep 2007 08:30:27 GMThttp://www.fxstreet.com/technical/analysis-reports/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/analysis-reports/special-focus/2007-09-17.html