From the pairs that I monitor, Eur/Usd is testing resistance and I expect it to bounce and move lower, the Gbp/Usd broke above resistance by 100 pips but remains inside the No man’s land (2 emas) and I also expect it to bounce and move lower, the Aud/Usd remains inside a range but a negative RBA report could push it 100 pips lower and test 0,75 level before bouncing, Eur/Jpy broke support but could re-enter the previous trading zone, Gbp/Jpy has some room before testing support and I believe it will test it this week. Eur/Aud is testing the emas and could bounce or test resistance at 1,52 before moving lower again. With Gbp/Aud I am a little bit concerned since “it should not be where it is”. Idem with Usd/Jpy. It broke support and could be just a stop loss hunting or things are more serious with the pair and could continue dropping. Finally Usd/Cad keeps moving lower and lower. Starting January we only had 1 “green week” and 14 “red ones”. I do not know if it can continue dropping forever but I do not see any reaction. Oil keeps moving higher and closed 2 cents away from 46$ a barrel.