The Weekend Forex Commentary for FX Street

The Weekend Forex Commentary takes a look at the technical on the major currency pairs from a daily and hourly perspective. The EURUSD has a bearish bias giving the sharp fall this week but has run into support which may lead to a further short term correction. The GBPUSD was pressured by comments from BOE officials and debt concerns but it did have better employment. Technicals point down. The USDCHF corrected off key support as dollar buying did not ignore the USDCHF. USDJPY went no where but are we going to make a break next week. Finally USDCAD sure looked like it might go to parity but short covering and dollar buying made for a rebound Friday. Watch to see the key levels and more. Have a great weekend

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