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ROMAN DUTKEWYCH, TECHNICAL ANALYST, LEHMAN BROTHERS:
EURO/DOLLAR: The euro had a bullish outside week last week. We started off hitting new lows for the year near 84.11 cents and then we closed over the prior week highs, so that is a bullish reversal pattern and 62 percent of that range is at 85.11 cents. We got to 84.97 cents today but I think this is the location to try and buy and we are using the June 14 low, 84.86 cents, as a stop loss. There is small resistance on the day at 85.45 cents but I would put the key resistance for the rest of the week at 86.10 cents and a close over there hould really confirm a new move higher. You've got to really see that happen before you talk about anything more. On the flip side if you break 84.85 I think you are going to trigger all the stops and look to break the yearly low near 84.10 cents. The next support that I see is at 83.45 cents. The theme of that should be that you have a great risk/reward opportunity for buying with 84.85 cents the key level in terms of stop loss.
DOLLAR/YEN: I think you have to maintain a bullish view. Technically on Friday we broke out of the trend line from the highs for the year and you have been consolidating over the past three days which I think is building a bull flag and you should be looking to buy anything in the low end of the range, 123/122.75 yen as supports. The high for the week is 123.75. I think that should break and we should test 124.45 into the end of this week, so from here I think we break out higher for the next two days. Bigger picture I think this break out should get us back to the top of this year's range at 126.80 yen. Short-term I think you definitely have to be looking to get long for a break to the upside this week.
EURO/YEN: We're bullish. I put key support at 104.50/30 yen. As long as you stay over that I think this recent uptrend should resume and I've got resistance for the week at 105.75 yen and then the top of this move is at 106.55 yen.
DOLLAR/CANADIAN DOLLAR: I think this recovery that we have had is over and I would be looking to get short on rallies into C$1.5350/75. I put key support at C$1.5280. I think once you close over that you are going to see new lows for the move. The range low is C$1.5140. We're looking for that to break and get down to about C$1.5030 over the next couple of weeks.

ROBERT ZUKOWSKI, TECHNICAL ANALYST, 4CAST INC.
EURO/DOLLAR: The big break down that we had in late May and then the rally back in June, retraced to that big break down point, roughly in the 87 area. We didn't reach it but we got close enough, and we're setting up for a retest of the 84.08 low (in) a week or two. There might be a potential for a double bottom...because the entire range of 84 cents toward 87 cents doesn't really set up as an entire bearish range. First support comes in at 84.83 and then at 84.50, Resistance is seen at 85.24, then at 85.43.
DOLLAR/YEN: We still have a pretty good short-term uptrend. We've made a series of higher highs and higher lows which gives a bullish tone. Most recently, we snapped a downtrend line from the April high, which created the last spike up toward 123.75 yen. Now we are consolidating between 122 yen and 124 yen. We'll probably see a bit of ranging action after a good run up, (in order for the dollar) to catch its breath and ronsolidate. I don't see anything right now that says this is a top, and we are operating under the idea of bullish continuation pattern. Once this range completes on the upside, we would look for targets at 125 yen. A good shot if you reach 125 of creating a 100 percent retracement to the 126.80 yen high. The market has already taken out the 61.8 percent retracement.