2nd Feb 2009 AUD, EUR, GBP/USD Daily



AUD Weekly and Daily

The view is for currencies to move lower in February, but it's hard to short a lower Weekly open.

There is no probability on shorts unless there is a 2-day up swing into the higher timeframe 50% levels.

For day traders simply trade the levels in the 3-day chart.

3-day filter random resistance



EURO Weekly and 3-day pattern

Same expectation on the Euro:- lower prices this month, but it's hard to short unless it moves upwards.

3-day filter random resistance.

GBP Weekly and 3-day pattern

Ideally I would like to see GBP move up early this week and then reverse back down.

The Weekly 50% levels are your trend guides...

Note:- random support 5-day 50% level and Weekly balance point.

3-day filter random resistance