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<?xml-stylesheet href="http://xml.fxstreet.com/styles/rss2.xsl" type="text/xsl" media="screen"?><?xml-stylesheet href="http://xml.fxstreet.com/styles/itemcontent.css" type="text/css" media="screen"?><rss version="2.0" xml:base="http://wwww.fxstreet.com//technical/forex-forecasts/weekly-currency-outlook/index.xml"><channel><title>Weekly Currency Outlook</title><description /><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/</link><image><title>Technical Analysis</title><link>http://www.fxstreet.com/technical/</link><url>http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif</url></image><ttl>7</ttl><item><title>November 02 - November 06</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-11-01.html</link><description /><pubDate>Sun, 01 Nov 2009 17:39:41 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-11-01.html</guid></item><item><title>October 19 - October 23</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-10-18.html</link><description /><pubDate>Sun, 18 Oct 2009 21:08:23 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-10-18.html</guid></item><item><title>October 12 - October 16</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-10-11.html</link><description /><pubDate>Sun, 11 Oct 2009 21:13:46 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-10-11.html</guid></item><item><title>September 21 - September 25</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-09-20.html</link><description /><pubDate>Sun, 20 Sep 2009 18:55:07 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-09-20.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-09-08.html</link><description>AUDUSD AUDUSD is moving in a nice upward trend and currently heading towards a very strong 0.8525 level. If it manages to continue its momentum and manages to break 0.8525 level, it will target 0.8660 level. Currently traders will look to buy AUDUSD for something around 0.8400 level. Supports: 0.8400 / 0.8320 / 0.8240 Resistances: 0.8525 / 0.8675 / 0.8790 EURUSD: EURUSD is currently roaming around very important levels. Situation is such that break in either side is technically feasible and</description><pubDate>Tue, 08 Sep 2009 03:26:34 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-09-08.html</guid></item><item><title>August 31 - September 04</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-08-30.html</link><description /><pubDate>Sun, 30 Aug 2009 22:17:04 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-08-30.html</guid></item><item><title>August 17 - August 21</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-08-17.html</link><description /><pubDate>Mon, 17 Aug 2009 21:06:25 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-08-17.html</guid></item><item><title>July 13 - July 17</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-07-12.html</link><description /><pubDate>Sun, 12 Jul 2009 21:41:30 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-07-12.html</guid></item><item><title>July 06 - July 10</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-07-05.html</link><description /><pubDate>Sun, 05 Jul 2009 22:49:14 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-07-05.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-06-22.html</link><description>June 22 - June 26 EURUSD EURUSD is currently in very interesting situation, on the upper side, break of 1.4000 level will take it towards 1.4325 and on the lower side, break of 1.3810 will take it towards 1.3700 level and then 3450 level. We might see Traders holding back a little in the beginning of week to let EURUSD settle in a direction. Resistance Levels: 1.4050 1.4140 1.4300 Support Levels: 1.3900 1.3770 1.3515 AUDUSD AUDUSD is steadily moving towards its target at 0.8200 level. Currently</description><pubDate>Mon, 22 Jun 2009 04:47:38 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-06-22.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-06-15.html</link><description>June 15 - June 19 EURUSD EURUSD is currently in very interesting situation, on the upper side, break of 1.4125 level will take it towards 1.4325 and on the lower side, break of 1.3810 will take it towards 1.3300 level. We might see Traders holding back a little in the beginning of week to let EURUSD settle in a direction. Resistance Levels: 1.4125 1.4340 1.4525 Support Levels: 1.3900 1.3810 1.3460 USDJPY USDJPY is looking to target 99.55 level at the moment and break of that level will really</description><pubDate>Mon, 15 Jun 2009 06:22:06 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-06-15.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-06-09.html</link><description>June 08 - June 12 EURUSD EURUSD has taken a good dip during last week, but this dip cannot be yet termed as reversal of upward trend. This downward move will be seen as retracement dip till an important level at 1.3825 and EURUSD might resume its upward trend from that level. In case EURUSD manages to break below 1.3825 level, then EURUSD will be targetting 1.3500 next. Resistance Levels: 1.4050 1.4155 1.4375 Support Levels: 1.3880 1.3790 1.3695 USDJPY USDJPY is looking to target 100.00 level</description><pubDate>Tue, 09 Jun 2009 09:07:17 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-06-09.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-06-02.html</link><description>June 01 - June 05 EURUSD EURUSD has gathered moment for a nice upward trend and currently it seems to be heading towards 1.4400 level, which we might see as soon as the current week. Traders will initially look to buy EURUSD for anything below 1.4000 level, ideally around 1.3930 level. Resistance Levels: 1.4350 1.4525 1.4725 Support Levels: 1.3925 1.3805 1.3615 GBPUSD GBPUSD seems all set to touch its current target at 1.6600 level. Currently buying GBPUSD on retracement dips seems order of</description><pubDate>Tue, 02 Jun 2009 10:56:50 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-06-02.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-05-27.html</link><description>May 25 - May 29 EURUSD EURUSD touched its target at 1.4000 but still hasn't been able to break above 1.4000 level. We might see a retracement dip towards 1.3750 level and from there a very good buy is seen for initial target at 1.4000, break of which will take EURUSD towards 1.4500 level. On the lower side, the retracement can extend below 1.3500 level. Resistance Levels: 1.4125 1.4340 1.4525 Support Levels: 1.3840 1.3725 1.3420 GBPUSD GBPUSD has broken into a good upward trend a we might see</description><pubDate>Wed, 27 May 2009 03:35:23 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-05-27.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-05-18.html</link><description>May 18 - May 22 EURUSD EURUSD is taking retracement at the moment and this retracement is expected to end around 1.3300 level. Traders will look to buy EURUSD around that level. Once EURUSD resumes it upward trend, EURUSD will look to target 1.4000 level. Resistance Levels: 1.3600 1.3725 1.3940 Support Levels: 1.3380 1.3255 1.3075 GBPUSD GBPUSD is moving in a gradual upward trend, RSI is also around 50 suggesting that it is proving entry and exit chances in both directions. Currently traders</description><pubDate>Mon, 18 May 2009 03:41:16 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-05-18.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-05-11.v02.html</link><description>May 11 - May 15 EURUSD EURUSD will initially be looking to break 1.3735 level and break of that level will set 1.4000 as next target level for EURUSD. On the lower side, we might see a dip towards 1.3300 level. Long term traders will be hoping to get an opportunity to buy EURUSD for anything below 1.3300 level. Resistance Levels: 1.3735 1.3935 1.4120 Support Levels: 1.3460 1.3240 1.3055 GBPUSD GBPUSD has settled into a nice upward trend and it seems initially it is looking to target 1.6000 and</description><pubDate>Mon, 11 May 2009 03:22:08 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-05-11.v02.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-04-27.html</link><description /><pubDate>Mon, 27 Apr 2009 11:03:05 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-04-27.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-04-20.html</link><description>April 20 - April 24 EURUSD EURUSD is settling into a nice downward trend and traders will look to sell EURUSD just below 1.3100 level for a move towards 1.2800 level. Resistance Levels: 1.3090 1.3330 1.3425 Support Levels: 1.2800 1.2710 1.2560 USDCHF USDCHF has broken into upward trend and it seems to keep that momontum during this week as well. Traders will look to buy USDCHF around 1.1500 level for a target above 1.1700 level. Resistance Levels: 1.1720 1.1850 1.1920 Support Levels: 1.1480</description><pubDate>Mon, 20 Apr 2009 06:37:31 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-04-20.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-04-15.html</link><description>April 13 - April 17 EURUSD Technically EURUSD is in one of those situations where long term traders will wait before EURUSD breaks into one side. Currently trades will very small targets seems feasible for EURUSD. Resistance Levels: 1.3310 1.3400 1.3510 Support Levels: 1.3030 1.2950 1.2760 GBPUSD GBPUSD seems to take some retrace earlier during this week and a dip below 1.4440 level is expected. Traders will look to buy GBPUSD around 1.4450 level for target around 1.4800 level. Resistance</description><pubDate>Wed, 15 Apr 2009 08:38:11 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-04-15.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-04-07.html</link><description>April 06 - April 10 EURUSD EURUSD seems to be getting towards its target at 1.3735 level. Break of which will set 1.3900 as next target for EURUSD. Generally traders will look to buy EURUSD on retracement dips, during this week, initially to 1.3310 level. Resistance Levels: 1.3735 1.3900 1.4190 Support Levels: 1.3310 1.3240 1.3110 GBPUSD GBPUSD also seems to have started upward move in weekly trend and 1.5000 might come into picture during this week. Traders will look to buy GBPUSD initially</description><pubDate>Tue, 07 Apr 2009 04:27:02 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-04-07.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-03-17.html</link><description>Mar 16 - Mar 20 EURUSD EURUSD seems to be getting towards its target at 1.3050 level and it will also complete its long term retrace. From 1.3050 level EURUSD is expected to resume its downward trend and head initially towards 1.2760 and then towards 1.2540 level. On the upper side break of 1.3050 will take it towards 1.3110 and then 1.3290 level. Resistance Levels: 1.3050 1.3110 1.3290 Support Levels: 1.2760 1.2540 1.2410 GBPUSD GBPUSD is moving nicely in its downward trend and things don't</description><pubDate>Tue, 17 Mar 2009 05:43:03 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-03-17.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-02-16.html</link><description>Week 8 of 2009 Feb 16 - Feb 20 EURUSD Weekly Trend: Bearish Buy/Sell: Sell Entry 1: 1.2950 Entry 2: 1.3050 Stop: 1.3125 Profit 1: 1.2780 Profit 2: 1.2620 Profit 3: 1.2560 USDJPY Weekly Trend: Bullish Buy/Sell: Buy Entry 1: 91.00 Entry 2: 90.20 Stop: 89.40 Profit 1: 92.30 Profit 2: 93.40 Profit 3: 94.40 AUDUSD Weekly Trend: Bearish Buy/Sell: Sell Entry 1: 0.6615 Entry 2: 0.6790 Stop: 0.6860 Profit 1: 0.6560 Profit 2: 0.6360 Profit 3: 0.6260 NZDUSD Weekly Trend: Bearish Buy/Sell: Sell Entry</description><pubDate>Mon, 16 Feb 2009 13:13:02 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-02-16.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-02-03.html</link><description>Week 6 of 2009 (Feb 02 - Feb 06)‏ EURUSD Weekly Trend: Bearish Buy/Sell: Sell Entry 1: 1.3080 Entry 2: 1.3250 Entry 3: Stop: 1.3360 Profit 1: 1.2730 Profit 2: 1.2630 Profit 3: 1.2560 USDJPY Weekly Trend: Bullish Buy/Sell: Buy Entry 1: 89.60 Entry 2: 88.90 Entry 3: Stop: 87.90 Profit 1: 91.20 Profit 2: 92.30 Profit 3: 93.20 USDCHF Weekly Trend: Bullish Buy/Sell: Buy Entry 1: 1.1460 Entry 2: 1.1350 Entry 3: Stop: 1.1290 Profit 1: 1.1700 Profit 2: 1.1790 Profit 3: 1.1850 AUDUSD Weekly</description><pubDate>Tue, 03 Feb 2009 07:50:39 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-02-03.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-01-19.html</link><description>Week 4 of 2009 Jan 19 - Jan 23 EURUSD (1.3288) EURUSD seems to be heading below 1.3000 level. Currently traders will look to sell EURUSD on rise to 1.3400 level. Initially traders will target 1.3100 level which can be further extended to 1.3000 level. Resistances 1.3400 1.3530 1.3700 Supports 1.3120 1.3000 1.2850 GBPUSD (1.4745) GBPUSD seemed to have completed its retracement and it is now settled back to its downward trend. GBPUSD is setting itself up for a nice move below 1.4500 level and for</description><pubDate>Mon, 19 Jan 2009 04:27:26 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-01-19.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-01-05.html</link><description>Week 1 of 2009 Jan 05 - Jan 9 &amp;nbsp; &amp;nbsp; EURUSD (1.3852) &amp;nbsp; EURUSD seems to be heading towards 1.3600 level. Currently traders will look to sell EURUSD on rise to 1.3900 level. Selling around 1.3880 level seems a good opportunity and if EURUSD moves above 1.4000 level, selling again around 1.4040 to average out the first position will be good strategy. Initially traders will target 1.3690 level which can be further extended to 1.3550 level. Resistances&amp;nbsp;&amp;nbsp;&amp;nbsp;</description><pubDate>Mon, 05 Jan 2009 05:36:29 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2009-01-05.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-12-30.html</link><description>Week 52 of 2008 Dec 29 - Jan 02 GBPUSD (1.4536) GBPUSD seemed to have completed its retracement and it has now settled back to its downward trend. GBPUSD is setting itself up for a nice move below 1.4000 level and for that, traders will look to sell GBPUSD around 1.4790 level for initial target around 1.4460 level. Resistances 1.4820 1.4950 1.5250 Supports 1.4450 1.4320 1.4020 USDJPY (90.35) USDJPY seems to be taking correction at the moment and it seems that it will stay in range during this</description><pubDate>Tue, 30 Dec 2008 05:35:26 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-12-30.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-12-22.html</link><description>Week 51 of 2008 Dec 22 - Dec 26 AUDUSD (0.6823) AUDUSD seems to be completing its retracement and it seems that it will gradually settle back into its downward trend. Selling around 0.6980 seems to be a good opportunity for target 0.6680 level initially which can then be further extended to 0.6500 level. Resistances 0.7000 0.7150 0.7250 Supports 0.6600 0.6320 0.6080 GBPUSD (1.4916) GBPUSD seemed to have completed its retracement and it is now heading back to its downward trend. GBPUSD is</description><pubDate>Mon, 22 Dec 2008 04:58:48 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-12-22.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-12-15.html</link><description>Week 50 of 2008 Dec 15 - Dec 19 EURUSD (1.3375) EURUSD semms to have completed its correction and is expected to return to its downward trend. Selling around 1.3380 seems to be a very good opportunity to target 1.3130 level initially which can then be further extended to 1.2980 level. Resistances 1.3550 1.3720 1.3880 Supports 1.2820 1.2520 1.2320 GBPUSD (1.4947) GBPUSD is setting itself up for a nice move below 1.4700 level and for that, traders will look to sell GBPUSD around 1.5000 level.</description><pubDate>Mon, 15 Dec 2008 04:34:59 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-12-15.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-12-01.html</link><description>Week 49 of 2008 Dec 01 - Dec 05 EURUSD (1.2700) EURUSD has settled back into downward trend. Traders will look to sell EURUSD on rise to 1.2900 level initially for 1.2580 which could be further extended to 1.2430 level. RSI in weekly charts is at 27.37 and seems to have enough space for a nice move below 1.2400 level. Break of 1.2380 level will take EURUSD below 1.2200 level. Resistances 1.3120 1.3320 1.3550 Supports 1.2380 1.2180 1.2000 GBPUSD (1.5402) GBPUSD seems to continue its short term</description><pubDate>Mon, 01 Dec 2008 04:40:29 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-12-01.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-11-24.html</link><description>Week 48 of 2008 Nov 14 - Nov 28 EURUSD (1.2577) EURUSD is expected to continue its downward trend this week and break of 1.2400 will set 1.2320 as next target for EURUSD, break of 1.2320 will take it towards 1.2180 level. But before doing so, we might see some upward move towards 1.2820 level from EURUSD which might further extend towards 1.2930 level. In general selling EURUSD for anything over 1.2800 seems a very good trading opportunity during this week. Resistances 1.2680 1.2820 1.2930</description><pubDate>Mon, 24 Nov 2008 05:01:59 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-11-24.html</guid></item><item><title>Weekly Currency Outlook</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-11-17.html</link><description>Week 47 of 2008 EURUSD (1.2686) EURUSD is expected to continue its downward trend this week and break of 1.2600 will set 1.2500 as next target for EURUSD, break of 1.2500 will take it towards 1.2320 level. But before doing so, we might see some upward move towards 1.2820 level from EURUSD which might further extend towards 1.2930 level. In general selling EURUSD for anything over 1.2800 seems a very good trading opportunity during this week.</description><pubDate>Mon, 17 Nov 2008 07:26:51 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-11-17.html</guid></item><item><title>Majors</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-11-10.html</link><description>Week 46 of 2008 Nov 10 - Nov 14 EURUSD (1,2762) EURUSD is expected to resume it downward trend this week and break of 1.2600 will set 1.2400 as next target for EURUSD, break of 1.2400 will take it towards 1.2250 level. But before doing so, we might see some upward move above 1.2900 level from EURUSD which might further extend towards 1.3000 level. In general selling EURUSD for anything over 1.2900 seems a very good trading opportunity during this week. RSI is just below 26 and still seems to</description><pubDate>Mon, 10 Nov 2008 22:36:15 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-11-10.html</guid></item><item><title>EURUSD, GBPUSD, USDJPY and USDCHF</title><link>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-11-07.html</link><description>EURUSD (1.3804) EURUSD took a very sharp dip dip during last week and the same momentum seems to continue this week. EURUSD is expected to break below 1.3600 early this week and we might see a correction from this level. Break of 1.3600 level will take it towards 1.3450 level and the momentum might continue towards 1.3350 level. On the above side, we might see correction extended above 1.4000 level and long term traders will be aimming to sell EURUSD for anything above 1.4000 level.</description><pubDate>Fri, 07 Nov 2008 11:00:44 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-forecasts/">http://www.fxstreet.com/technical/forex-forecasts/</category><author>fx.analysis@z2fx.com (Z2FX)</author><guid>http://www.fxstreet.com/technical/forex-forecasts/weekly-currency-outlook/2008-11-07.html</guid></item></channel></rss>