We can see that have been filed again three black crows weekly scale.

Short-term situation:

This pattern indicates a strong oversold as happened a few weeks ago at the height of 1.44. As we deem it necessary or an upward movement or lateral movement in the area of 1.37.

Trend Situation:

We consider it quite possible that prices reach the range of 1.25 / 1.35. But we think it is very possible that there continue to new lows before occurs a bounce of oversold . The second wave of fall of a series of three should not be the shortest.

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EUR-USD

It should go up to 1.3681 or 1.3701. If it rise above 1.3626-1.3611, there would be an acceleration in prices.

USD-CHF

If it is below 1.0777 should fall to 1.0730 or 1.0709.

GBP-USD

It should climb to 1.5585-1.5594 after which should fall to 1.5527, after which a rebound is possible to 1.5652.

USD-JPY

It should hold in 89.0863-88.9057 after which should go up to 89.7457.

USD-CAD

NEW YORK (Reuters) - The dollar fell slightly on Monday as a modest recovery in overseas stock markets and commodity prices sparked the appetite for risk and prompted investors to opt for higher-yielding currencies.

The euro, however, remained stable against the dollar after investors remained concerned about the fiscal health of some euro zone countries such as Greece, Portugal and Spain.

NEW YORK (Reuters) - The euro fell Friday to its lowest level against the dollar since May, beaten by increased risk aversion after the cost of insuring the debt of some euro area countries climbed to record levels over concerns about public finances.

The dollar was pushing against the euro and yen after a report showed U.S. employers continued to cut jobs in January despite a decline in the unemployment rate.

WASHINGTON (Reuters) - U.S. employers eliminated 20,000 jobs in January, but the unemployment rate fell to a five-month low of 9.7 percent, according to a government report Friday that suggested the job market is slowly rebounding.

The Government argued that the employment report contains some encouraging signs of a gradual "improvement in the labor market."

LISBON (Reuters) - The euro, stocks and bonds of indebted euro zone members fell for a second day on Friday as fears of Portugal and other European sovereign debt, which sent investors to the assets concerned safe havens.

All eyes were on Lisbon, where Parliament was scheduled to vote on a bill on regional funding markets see as a crucial test of the ability of governments to contain public spending, which shot in the block of 16 countries in reaction to crisis economic.

NEW YORK (Reuters) - The dollar and the yen rose on Thursday as fears about the deterioration of the fiscal problems of the eurozone and the jobs report that beat expectations in the United States led investors to abandon risky assets by the traditional safe-haven assets.

The euro sank to a low of more than eight months against the dollar and fell to a nearly a year against the yen amid concern about the fiscal health of the economic indebted euro zone as Greece, Portugal and Spain. It was the worst day for the euro against the yen since November 2008.

As we mentioned in other analysis , was possible that the euro reached the 1.39/1.37 and we weren`t wrong. But now we are in a zone of possible rebound. Searching rebound in the area of 1.37.

Short-term situation:

We are in the area of 61.8% Fibonacci, and as we have seen the previous day has been bullish for a possible return. We considered that the area of 1.37 would be a good pivot point, where the bulls would seek to find a strong enough support for a change.

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EUR-USD

The supports are located at 1.3723 or 1.3662 should hold, after which there should be a correction above 1.3843.

USD-CHF

Should complete its rise in 1.0717-1.0704. After that it should fall below 1.0608.
GBP-USD

The supports are located at 1.5743 or 1.5684 should hold, after which there should be a correctional above 1.5872.

USD-JPY

It should not fall below 88.7935-88.0313. After which should climb 90.0570-90.5583.

USD-CAD

More fuel to the fire. After warnings from Nobel economist Paul Krugman and Nouriel Roubini, now is Kenneth Rogoff, former IMF chief economist, who avanaza a "probable" wave of bankruptcies and bailouts sovereigns. Greece is not going to be "easy".