Dollar has made some pullback after last week's mrs.Yellen's speech and gave other currencies some fresh air. However the recovery is just too small to change the bearish outlook across the markets. Most of the pairs are currently stuck at the resistance levels and need some fundamental data to break them or bounce back to the downside. Later today mr.Draghi speaks, and EU's economic sentiment index will be released may be these two will push the EUR to the downside again, but not so strong. And after this support testing on Tuesday Germany's PMI data may support the EUR bulls, if better than expected of course. Expectations are better for Germany's IFO on Wednesday too so the recovery may continue. On Thursday we shall have the jobless claims report and a volatile market too, i expect the dollar to loose some price again. But finally on Friday some positive USD data is expected and the greenback is quite likely to return much of the lost price through the week, Daily support is 1.0700 and daily resistances are 1.0890 and 1.0955. If broken support we shall test 1.0630 and 1.0575, if broken resistance we shall test 1.1030.
GOLD uses dollar weakness and makes its way to the 1200. Currently the price is stuck withing the 10USD resistance area between 1179 and 1189. Breaking of this will open the way to 1212 and 1218, while failing to break will result in testing 1165 and 1145 again.
NZD has started recovery from 0.7530 and has made his first 100 pips, resistance here is 0.7660-70 and it will be broken not so easy. I expect some range trade between 0.7660 and 0.7550. Above 0.7550 we are bullish and you may go LONG but use SL.
AUD is blocked by the wide and stong resistance area between 0.7820 and 0.7850, breaking of this will enter the negative daily Ichimoku cloud and will give us more chances to break it, but for now we have only the desire. Daily support is at 0.7680 and we have an intermediate support at 0.7730. You may try to go long around these two but be careful.
JPY again didn't allow the dollar to break the 122.00 level and someting like a double top is formed on Daily frame. This may result in a quick downside if dollar weakness continues. For now the dollar is safe above 119.00 and bullish outlook is unchanged, but this soon may be destroyed.
GBP is currently at the support 1.4900. Breaking below is a matter of time as the economic data which will be released on Thursday is expected to be worse than previous, this will keep the GBP under pressure and the possibility of breaking this support is quite big.
RUB continues the consolidation with a bearish tone.Downside is going to continue as long as the price is below 61.00. So you may use jumps to that level to try tiny short positions. Placing SL is a must as this pair is quite unpredictable. Above 61.50 you shouldn't enter short.
SHORT EUR below 1.0790 SL 1.0800 TP 1.0720-1.0690-1.0640
LONG EUR above 1.0835 SL 1.0825 TP 1.0870-1.0895-1.0920
LONG GOLD above 1179 SL 1176 TP 1189-1196-1202-1218-1216-1222
SHORT GOLD below 1177 SL 1180 TP 1165-1152-1146