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EUR USD
The broadly weaker euro dropped to fresh 11-year lows against the dollar on Friday one day after the European Central Bank unveiled a large scale asset purchase plan, aimed at boosting slowing growth and inflation in the euro zone.EUR/USD fell to 1.1118, the lowest since early September 2003 before pulling back to 1.1203 in late trade, still off 1.39% for the day. The euro ended the week down more than 3% against the dollar and has lost almost 7.5% so far this year.
GBP USD
GBP/USD’s down trend resumed last. week by breaking 1.5033 and reached as low as 1.4950. Initial bias remains on the downside this week for next key support level at 1.4813. On the upside, break of 1.5268 is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.
AUD USD
The Australian dollar tumbled more than 1% against its U.S. counterpart on Friday to hit the lowest level in more than five years, as ongoing concerns over the health of the global economy boosted demand for safe haven assets. AUD/USD fell to 0.7882 on Friday, a level not seen since July 2009, before subsequently consolidating at 0.7908 by close of trade on Friday, down 1.43% for the day and 3.88% lower for the week.The pair is likely to find support at 0.7811, the low from July 14, 2009, and resistance at 0.8135, the high from January 22.
USD JPY
The dollar slid lower against the safe-haven yen on Friday as weakness in U.S. equities underpinned demand for the Japanese currency, while the broadly weaker euro fell to 16-month lows against the yen.USD/JPY was down 0.61% to 117.78 in late trade, not far from Wednesday’s lows of 117.17.U.S. stocks fell following soft corporate earnings, which sparked concerns over the potential impact of the stronger dollar.
GOLD
Gold edged lower on Friday, as a broadly stronger U.S. dollar prompted investors to book profits from a recent rally which took prices to the highest level in more than five months.On the Comex division of the New York Mercantile Exchange, gold futures for February delivery dipped $8.10, or 0.62%, to settle at $1,292.60 a troy ounce by close of trade on Friday.

Monday, January 26
In Germany, the Ifo research group is to publish its report on business climate.
Tuesday, January 27
The U.S. is to release data on durable goods orders, as well as private sector reports on consumer confidence and new home sales.
Wednesday, January 28
In the euro zone, the Gfk Institute is to report on German consumer climate.
The Federal Reserve is to announce its benchmark interest rate and publish its rate statement, which outlines economic conditions and the factors affecting the monetary policy decision.
Thursday, January 29
In the euro zone, Germany is to release preliminary data on consumer inflation and a report on the change in the number of people unemployed.
Later Thursday, the U.S. is to publish the weekly report on initial jobless claims as well as private sector data on pending home sales.
Friday, January 30
The euro zone is to release preliminary data on inflation as well as a report on the unemployment rate. Germany is to report on retail sales, while Spain is to release preliminary data on GDP growth and inflation.
The U.S. is to round up the week with preliminary data on fourth quarter growth as well as reports on business activity in the Chicago region and revised data on consumer sentiment.

http://www.commexfx.com/weekly-outlook-26-01-2015/