http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-11-16.htmlIn This Issue: GBPUSD: Loss Of The 1.6692/1.6740 Levels To Trigger Higher Prices - Having maintained a third week of upside, GBP still looks to head further higher but must break and hold above the 1.6692 level.... EURUSD: Above Rising TrendlineKeeps MT Trend To The Upside - Although a rejection candle was printed at the end of the week after the pair failed at the 1.5047 level, EURUSD EURUSD: Above Rising TrendlineKeeps MT Trend To The Upside. EURUSD - Although a rejection candle was printedMon, 16 Nov 2009 06:36:09 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-11-16.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-11-09.htmlIn This Issue: EURUSD: Looks To Trade Towards The 1.5000 Level & Beyond - Risk continues to build to the upside having halted its corrective declines initiated off the 1.5062 level. The current price development is coming on.... GBPUSD: Closes In On The 1.6692 Level - GBP closed higher for a second consecutive week at 1.6692 the past week following through on its previous week gains. EURUSD EURUSD: Looks To Trade Towards The 1.5000 Level & Beyond. EURUSD - Risk continues to build toMon, 09 Nov 2009 06:35:03 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-11-09.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-11-02.htmlIn This Issue: EURUSD: Corrective Declines To Target Its LT Rising Channel - Having swept through key support levels at the 1.5000 level, its psycho level and the 1.4844 level, its Sept 23’09 high the past week to close lower. GBPUSD: Above 1.6692 Required To Reduce Downside Risks - Although GBP closed higher the past week reversing most of its previous week losses, its negative rejection candle top coming in at 1.6692 EURUSD EURUSD: Corrective Declines To Target Its LT Rising Channel EURUSD -Mon, 02 Nov 2009 06:09:57 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-11-02.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-10-26.htmlIn This Issue: EURUSD: Upside Momentum With Cautious Hold Above 1.5000 - A third consecutive week of upside gains saw EUR printing a 14-month high at 1.5059 and closing above its big psycho level at 1.5000 the past week. GBPUSD: Price Collapse Turns Risk Lower - The inability of the pair to sustain its recovery higher and its subsequent failure at the 1.6694 level saw it collapsing the past week through. EURUSD EURUSD: Upside Momentum With Cautious Hold Above 1.5000 EURUSD - A thirdMon, 26 Oct 2009 06:34:28 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-10-26.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-10-19.htmlIn This Issue: EURUSD: Momentum Remains To The Upside GBPUSD: Recovery Higher Shifts Focus To The 1.6468 Level USDJPY: Corrective Seen Nearer Term EURJPY: Recovery Gains Further Momentum. AUDUSD: Still Targeting Higher Prices. USDCAD: Set To Recover Further Higher. EURGBP: Rolls Over, Targets Lower Prices. EURUSD EURUSD: Momentum Remains To The Upside EURUSD -  A second week of upside gains the past week saw the pair wiping out its corrective losses and breaking above the 1.4844 level toMon, 19 Oct 2009 06:54:33 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-10-19.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-10-12.htmlIn This Issue: EURUSD: Reversal Of Losses Highlights The 1.4844 Level - Having closed higher the past week reversing its previous week losses and rallying through its minor resistance at the 1.4720 level, its. GBPUSD: Remains Pressured To The Downside, Targets The 1.5768 Level - Weakness triggered off the 1.7041 level remains in place as attempts at correcting higher the past week failed and pushed the pair. EURUSD EURUSD: Reversal Of Losses Highlights The 1.4844 Level EURUSD - Having closedMon, 12 Oct 2009 08:07:27 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-10-12.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-10-05.htmlIn This Issue: EURUSD: Evening Star Candle Set To Trigger Further Correction - EUR put in a weekly lower close and printed an evening star candle formation(top reversal signal) to close at 1.4481 at the end . GBPUSD: Backs Off Key Support, Looks To Recover Higher - The pair halted its declines initiated from the 1.7041 level the past week reversing higher after testing its key support located at the 1.5770 level. EURUSD EURUSD: Evening Star Candle Set To Trigger Further Correction EURUSD - EURMon, 05 Oct 2009 07:02:47 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-10-05.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-09-28.htmlIn This Issue: EURUSD: Halts Gains, Triggers Corrective Pullbacks - Even though EUR still maintains its medium term uptrend triggered off the 1.2456 level in Mar’09, nearer term that trend has stalled. GBPUSD: Continued Weakness To Target 1.5802 Level And Beyond - With a second week below its invalidated MT trendlineseeing the pair taking out some of its key supports at the 1.6112,1.6000 & 1.5982. EURUSD EURUSD: Halts Gains, Triggers Corrective Pullbacks EURUSD - Even though EUR stillMon, 28 Sep 2009 07:58:50 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-09-28.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-09-21.htmlIn This Issue: EURUSD: Outlook Remains Higher Towards The 1.4719 Level - With continued upside gains seen the past week following its recent trigger of its medium term uptrend, outlook for higher upside gains remains towards its strong resistance at the 1.4719 level, its Dec 18’08 high. GBPUSD: Nearer Term Weakness To Target The 1.6112 level - Declines through its medium term rising trendlinethe past week has now cleared the way for a retarget of the 1.6112 level, its Sept 02’09 low. EURUSDMon, 21 Sep 2009 07:57:25 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-09-21.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-09-14.htmlIn This Issue: EURUSD: Poised To Head Further Higher - Having broken above its strong resistance at the 1.4446 level to resume its medium term uptrend activated of the 1.2456 level, its Mar’09. GBPUSD: A Retarget Of The 1.7041 Level Remains On The Horizon - With a two-week of upside gains and a hold firmly above its rising MT trendlinekeeping focus on the upside, GBP looks to catch up with EUR. EURUSD EURUSD:Poised To Head Further Higher EURUSD - Having broken above its strong resistance atMon, 14 Sep 2009 11:34:53 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-09-14.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-09-07.htmlIn This Issue: EURUSD: Continues To Hold Above Mt Rising Trendline - With declines to as low as 1.4176 reversed and a neutral candle printed the past week, EUR continues to maintain above its medium term rising trendlineinitiated at the 1.2456 level. GBPUSD: Breaks Downside Losses, Recovers Higher - The shooting star triggered declines off the 1.7041 level came to a halt the past week putting the pair on a positive higher close at 1.6319. EURUSD EURUSD: Continues To Hold Above Mt RisingMon, 07 Sep 2009 07:49:04 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-09-07.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-08-31.htmlIn This Issue: EURUSD: MT Rising TrendlinePuts Outlook To The Upside - Although a back off higher prices was seen the past week after EUR torched a high of 1.4405, while it continues to GBPUSD: Continues to Weaken, Targets The 1.5982 Level - Having wiped out its previous week gains following its collapse off 1.6542 the past week, EURUSD EURUSD: MT Rising TrendlinePuts Outlook To The Upside EURUSD - Although a back off higher prices was seen the past week after EUR torched a high of 1.4405,Mon, 31 Aug 2009 10:08:41 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-08-31.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-08-24.htmlIn This Issue: EURUSD: Switches Focus To The 1.4446 Level - With a reversal of most of its losses off the 1.4444 level, its Aug 03’09 high seen the past week, risk for more upside gains targeting that level continues to be envisaged. GBPUSD: Closes Slightly Higher, Holds Below Broken MT Rising Trendline - Although a halt in price saw the pair turning slightly higher off the 1.6273 level to close at 1.6501 the past week, it continues to trade below its broken MT rising trendlinesupport. EURUSDMon, 24 Aug 2009 07:11:29 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-08-24.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-08-17.htmlIn This Issue: EURUSD: Closes On A High Wave Candle, Holds Above MT Rising Trendline - While a loss of momentum at the 1.4444 level, its Aug 03’09 high saw EUR producing a shooting star candle and driving the pair to a low of 1.4085 on Wednesday. GBPUSD: Aiming At The 1.6742 Level & Beyond  - With continued strength seeing the pair closing higher for a third week in a row since turning off higher at the 1.6031 level in early July’09, further upside gains are expected towards its YTDMon, 17 Aug 2009 05:49:22 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-08-17.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-08-03.htmlIn This Issue: EURUSD: Maintains A Third Consecutive Week Of Higher Closes - EUR maintained its bullish tone for a third consecutive week building on its strength activated at the 1.3831 level, its July 08’09 low and opening up upside risk towards its YTD high at 1.4339. GBPUSD: Aiming At The 1.6742 Level & Beyond - With continued strength seeing the pair closing higher for a third week in a row since turning off higher at the 1.6031 level in early July’09, further upside gains areMon, 03 Aug 2009 06:19:10 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-08-03.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-07-27.htmlIn This Issue: EURUSD: Maintains Higher Weekly Close, Opens Up Further Upside Risk- EUR maintained a bullish tone the past week following through on its previous week strength to close higher at 1.14200. GBPUSD: Closes Marginally Higher, Holds Above Its MT Rising Trendline- While hesitation was seen on further upside gains the past week, GBP still managed to close slightly higher maintaining above its MT rising trendline. EURUSD EURUSD: Maintains Higher Weekly Close, Opens Up Further UpsideMon, 27 Jul 2009 05:52:57 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-07-27.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-07-20.htmlIn This Issue: EURUSD: Continues To Aim At The 1.4200 Level - Although EUR took back most of its losses off the 1.4200 level the past week, it must now break and close above that level to clear the way for a run at its YTD high at 1.6339. GBPUSD: Maintains Above Its MT Rising Trendline - With a turn ahead of its MT rising trendlineand a higher close the past week wiping its previous week losses, GBP has now turned attention to the 1.6479 level where its July 16’09 high is located. EURUSDMon, 20 Jul 2009 05:53:14 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-07-20.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-07-13.htmlIn This Issue: EURUSD: Still Maintains Its Nearer Term Bearishness Below The 1.4200 Level - With weakness triggered off the 1.4200 level, its July 01’09 high driving the pair further lower though closing marginally, EUR remains vulnerable while holding below the 1.4200 level. GBPUSD: MT Rising TrendlineTo Provide Support - Having closed lower for a second week in a row, risk continues to point lower in the nearer term and GBP now looks to follow through lower targeting its MT risingMon, 13 Jul 2009 07:14:54 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-07-13.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-06-22.htmlIn This Issue: EURUSD: Recovering On Hammer Formation- Although recovery higher off a hammer formation the past week remains suggestive of a follow through higher, EUR still remains vulnerable while trading below the 1.4000 level and its medium term high at 1.4339. GBPUSD: Pressure Builds Towards The 1.6662 Level - While a marginal higher close was seen the past week, we continue to see risk of a retest of the pair’s medium term high residing at the 1.6662. EURUSD Recovering On HammerMon, 22 Jun 2009 07:37:45 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-06-22.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-06-15.htmlIn This Issue: EURUSD: The 1.3793 Level Limits Corrective Downside - The pair’s strong support at the 1.3793 level limited further downside and turned the pair back up to close the week higher at 1.4178 after weakening to a low of 1.3805 the past week. GBPUSD: Looks To Recapture The 1.6662 Level And Beyond - As a cap was seen at the 1.5801 level , its Jun 08’09 low following its recent corrective weakness off the 1.6662 level the past week, potential for further upside towards the 1.6662 levelMon, 15 Jun 2009 05:32:22 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-06-15.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-06-08.htmlIn This Issue: EURUSD: Rejection Candle Halts Recent Medium Term Upmove - Although EUR retains its broader medium term uptrend triggered off the 1.2456 level in early Mar'09, its price action the past week has halted that uptrend temporarily having printedea rejection candle and closed lower on Friday. GBPUSD: Weakening On Rejection Of Higher Level Prices - A cap was seen on the pair’s medium term run to the upside the past week, driving GBP sharply lower to close at 1.5981 and printing aMon, 08 Jun 2009 06:23:34 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-06-08.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-06-01.htmlIn This Issue: EURUSD: Further Upside Offensives Highlight The 1.4363 Level - As a combination of both the monthly and weekly price strength have driven the pair through key resistance levels including its big psycho level at 1.4000, risk of further upside gains has turned towards the 1.4363 level, its Dec 29’09 high. .... GBPUSD: Sustaining Gains With Eyes On Further Upside- With the pair closing higher for the week and maintaining its short term upside since decisively invalidating theMon, 01 Jun 2009 06:27:40 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-06-01.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-05-25.htmlIn This Issue: EURUSD: Resumption Of Short Term Uptrend Highlights The 1.4363 Level -With its key resistance at its Mar 19’09 high at 1.3738 decisively violated and resumption of its short uptrend triggered, risks have now turned to its strong overhead resistance located at the 1.4363 level, its Dec 29’09 high. GBPUSD: Clears The 1.5724 Level, Targets Further higher prices -Having decisively broken and closed above its two key resistance levels at the 1.5374 level, its Jan 08’09 high and theMon, 25 May 2009 10:04:19 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-05-25.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-05-18.htmlHIGHLIGHTS: EURUSD: Outlook Still Pointing Higher -Although its first week of weakness registered the past week following its rise off the 1.2886 level remains suggestive of further declines, EUR still retains its short term uptrend activated off the 1.2456 level, its Mar 04’09 high. GBPUSD: Continues To Maintain Recovery Off The 1.3655 Level -Despite the fact that GBP weakened and closed lower the past week, as long as it continues to hold above its daily rising trendline and the 1.4986Mon, 18 May 2009 12:46:09 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-05-18.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-05-11.htmlIn This Issue: EURUSD: Clearance Of 200 EmasExposes The 1.3738 Level - A third-week of upside gains has not only taken the pair out of its daily declining channel but has broken above its daily and weekly 200 emasto close the week higher at 1.3634. GBPUSD: Recovery Resumption Turns Focus On The 1.5373 And Beyond- Having broken and closed above its strong resistance at the 1.5068 level, representing its April 16’09 high to close higher for a second consecutive week, further upside gains are nowMon, 11 May 2009 08:03:29 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-05-11.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-04-27.htmlEURUSD: Declines Halt, Corrective Recovery Triggered - EUR paused its declines activated at its Mar 19’09 high at 1.3738 the past week and embarked on a corrective rally to close higher at 1.3242. GBPUSD: Price Hesitation Still Seen - Even though GBP broke below its daily rising channel the past week and held below it, the price action that followed that break remained unconvincing as a clear follow through on that break did not occur. EURUSD: EUR paused its declines activated at its Mar 19’09Mon, 27 Apr 2009 06:40:29 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-04-27.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-04-20.htmlEURUSD: Corrective Weakness Still Remains In Progress - With EUR reversing its previous week gains and breaking back below the 1.3330 level, its Jan 27’09 high/former range top into its broader consolidation range(between 1.3330 & 1.2330 levels)again, risk has increased for further declines towards its key support at the 1.3113 level, its Mar 30’09 low. GBPUSD: Still Limited Within Its Daily Rising Channel - Although failure at 1.5066 high pushed GBP to the downside on Thursday and Friday,Mon, 20 Apr 2009 06:36:26 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-04-20.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-04-14.htmlEURUSD:Back Above The 1.3330 Level With Sight On The 1.3738 Region- With EUR reversing its previous week gains and breaking back below the 1.3330 level, its Jan 27’09 high/former range top into its broader consolidation range(between 1.3330 & 1.2330 levels)again, risk has increased for further declines towards its key support at the 1.3113 level, its Mar 30’09 low. GBPUSD: Still Biased To The Upside- Although GBP failed to follow through to the upside on its previous week gains turningTue, 14 Apr 2009 06:08:06 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-04-14.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-04-06.html- EURUSD: Back Above The 1.3330 Level With Sight On The 1.3738 Region - As corrective rally has bottomed out at the 1.3113 level and a rally through the 1.3330 level, its Jan 27’09 high/range top occurred the past week, continued recovery higher is now expected to target its Mar 19’09 high at 1.3738. - USDJPY: Resumes Short Term Uptrend, Eyes The 100.55 Level and Beyond - Having decisively eroded the 99.68 level, its Mar 05’09 high and its psycho resistance at 100.00 the past week followingMon, 06 Apr 2009 07:48:41 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-04-06.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-03-30.htmlEURUSD: Collapses Through The 1.3330 Level - EUR’s corrective pullbacks following its recent sharp rally witnessed a price collapse below its key support at the 1.3330 level, its Jan 27’09 high/range top the past week. GBPUSD: Shooting Star Formation With Downside Implication GBP’s recovery activated at the 1.3655 level, its Mar 11’09 low failed ahead of a key resistance at its Jan 16’09/Feb 09’09 highs at 1.4981/86 and turned lower at the 1.4778 level to close the week at 1.4320. EURUSD-Mon, 30 Mar 2009 06:46:21 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-03-30.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-03-23.htmlEURUSD: Out Of The Range With Potential For A Run At The 1.3857/82 Level A sharp rally through the 1.3330 level, its Jan 27’09 high/range top saw EUR follow through on its morning star(bottom reversal signal) formation highlighted in our previous week analysis to close week higher at 1.3582. GBPUSD: Closes Marginally Lower On Rejection Candle Formation - As the pair smashed through its key resistance levels at its Feb 02’09 low at 1.4052 and the 1.4137 level ,its Feb 12’09 low to break aboveMon, 23 Mar 2009 10:04:49 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-03-23.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-03-16.htmlEURUSD: The 1.2992 Level, Prints A Morning Star Candle Pattern -Continued failure ahead of the 1.2514 level, its swing low established on Feb 18’09 and the 1.2456 level, its Mar 04’09 high generated a sharp rally the past week pushing the pair to as high as 1.2957 before closing the week at 1.2929.EUR formed an evening star candle pattern(a bottom reversal signal). GBPUSD: Closes Marginally Lower On Rejection Candle Formation - Although GBP declined to a low of 1.3655 level on Wednesday, priceMon, 16 Mar 2009 10:27:14 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-03-16.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/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.... AUDUSD: 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 10:04:04 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-03-09.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-03-02.htmlEURUSD: Heading Back Down Towards The 1.2514 Level - Although indecision pervaded price action through out last week, EUR still managed to close lower at 1.2677 the past week… GBPUSD: Still Trading and Holding Above The 1.4137 Level - While the upside recovery activated at the 1.3504 level being its YTD low has paused and now correcting, a clean break and hold below the 1.4137 level, its Feb 12’09 low is required to extend that nearer term correction lower … EURUSD - Although indecisionMon, 02 Mar 2009 09:31:05 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-03-02.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-02-23.htmlEURUSD: Rejection Candle To Set Off Corrective Recovery Higher - The pair’s failure to follow through to the downside on the break of the 1.2551 level, its Dec 04’08 has seen it rallied for two days and printed a rejection candle at the end of the week… GBPUSD: Barrier To Further Downside Weakness Seen At The 1.4137 Level - With the inability of the pair to break and close below the 1.4137 level, its Feb 12’09 low pushing it back into a positive weekly close territory, its Feb 13’09 high(dailyMon, 23 Feb 2009 08:31:12 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-02-23.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-02-16.htmlEURUSD: Break Through The 1.2766/06 Area Remains On Hold -As a third attempt to break and close below the key support at its Jan 23’09/Feb 02’09 lows at 1.2706/66 failed the past week, risk of higher prices while the mentioned levels are unbroken can remains on the horizon EURJPY: Range Trading Environment Continues To Dominate - A clear directional move continues to elude the cross as it remains trapped within its trading range environment with 131.06 and 112.09 seen as range top and low …Mon, 16 Feb 2009 09:17:30 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-02-16.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-02-09.htmlEURUSD: Strength Off The 1.2706 Level Halts Downside Weakness - An attempt to maintain its declines off the 1.4719 was rebuffed last week, turning the pair higher to close the week higher at 1.2925,its first since tumbling off the mentioned high in Dec’08… GBPUSD: Consecutive Weekly Gains Expose The 1.4981 Level - Following a three-day of price hesitation from Monday to Wednesday,GBP broke higher on Thursday and Friday to close the week higher at 1.4807 and maintain its corrective recoveryMon, 09 Feb 2009 09:51:32 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-02-09.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-02-02.htmlEURUSD: Unrelenting Downside Pressure Turns Risk Towards The 1.2330 Level - After a fifth week of downside losses following the pair’s collapse at the 1.4719 level, its Dec 18’08 high, vulnerability of further downside losses remains… GBPUSD: Climb Back Above The 1.4352 Level Highlights The 1.4982 Level - As GBP continues to build upon its recovery started at the 1.3504 level, its YTD low, further upside gains are now envisaged towards the 1.4981 level, its Jan 16’09 high … UnrelentingMon, 02 Feb 2009 10:03:00 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-02-02.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-01-26.htmlEURUSD: Declines Through The 1.2848 Level Remains On The Cards - As EUR maintained its decline off the 1.4719 level the past week cutting through its Nov 25’08 high at 1.3081 and testing a low of 1.2766 on Friday, a convincing break and hold below its key support at the 1.2848 level, its Dec 04’08 high is now required to open up further downside declines … GBPUSD: Loss Of The 1.4045 Level Threatens The 1.3682/00 Support Area - With the loss of the 1.4352 level, its YTD low and its Jan’2002 lowMon, 26 Jan 2009 08:26:21 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-01-26.htmlhttp://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-01-19.htmlEURUSD: Build Up To Retarget The 1.3081 Level In Progress - While the pair holds below the 1.3313/1.3298 zone and trades within its daily channel further downside losses are expected to even target below the 1.3081 level towards its Dec 04’08 low at 1.2848 with a turn below there aiming at its YTD low at 1.2330… GBPUSD: Halts Further Upside Gains, Turns Focus To The Downside - GBP took back about 75% of its previous week upside gains to close the week lower at 1.4747 and opening the way forMon, 19 Jan 2009 08:55:09 GMThttp://www.fxstreet.com/technical/forex-strategy/m.isah@fxtechstrategy.com (FXTechstrategy)http://www.fxstreet.com/technical/forex-strategy/weekly-technical-strategist/2009-01-19.html