US$/HK$: Further consolidation expected this week, with 7.7345 capping the upside. The downside target is the 7.7310 base. NZ$/US$: Initial support this week is at the 0.6970 area, with new eight-year highs being made last week. Further tests are expected at the new high of the 0.7025 area, targeting 0.7050 next on further strength. US$/JPY: Price is expected to remain supported above 108.80 this week and traders should buy bounces, targeting 110.00 resistance then 111.20 highs area on a break above. US$/DEM: Initial further upside is expected this week, yet 1.5200 is the broad band top on the daily charts and failures are expected here. US$/SGD: Further broad consolidation is expected this week between 1.4050 and 1.4120 area. GBP/US$: Initial further weakness is expected this week, yet the strong support base is at 1.5455 where stalls are then expected. AU$/US$: Another test of the 0.7865 base on the daily charts is expected this week, yet bounces are expected here for further range trading back up to the 0.7940 area.