14th Jan 2009 AUD, EUR, GBP/USD Daily

AUD Weekly and 3-day pattern

I have had no Weekly pattern set-ups play out this week, simply because the Weekly trend has continued down without rotation upwards into any midpoints.

It has been left to trade levels each day based on individual daily patterns, and Wednesday is the same.

Wedensday:- trade on the Side of the blue filter, continues down into the Wedenesday lows or rotates back towards the 5-day 50% level


Euro Weekly and 3-day pattern

Euro completes the move down into the Weekly lows, but on Tuesday there is a breakout, which often favours further moves down.

Wednesday:- no probability on direction but trade on the side of the blue filter.

Down into Wednesday's lows, but based on the Weekly low being random support and there hasn't been any rotations towards the 5-day 50% levels this week

Above 1.3244 and move back towards the 5-day 50% level is a possibility.

GBP Weekly and 3-day pattern

Weekly lows random support, but the trend guide should be based on the blue filter.