19th Feb 2009 AUD, EUR, GBP/USD Daily

AUD Weekly and 3-day pattern

Above the blue filter and price is moving back towards the 3-day high filter and 5-day 50% level.

I'm still bearish.....

don't short trade above the 3-day filter, which matches the 5-day 50% level.

Below .6373 and price expectation is down into Thursday's lows




Euro weekly and 3-day pattern

Same as the AUD:- blue filter trend guide

3-day filter resistance.



GBP Weekly and 3-day pattern

Weekly 50% level resistance, but I wouldn't go long on GBP unless verified with a daily HOOK pattern.

Bullish pattern would be to be trading above the 3-day highs and 5-day 50% level, that could see a move towards the 5-day highs

  • All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
  • Exact levels shown for current day aren't confirmed until midnight GMT




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