27th April 2009 AUD, EUR, GBP/USD



AUD Weekly and 3-day pattern

Higher Weekly opens and expectation of a 3-day consolidation pattern until the start of MAY.

There has been lower opens on Currencies and US Index markets in Sunday's trading.

The 5-day 50% level is a random support guide, which could provide some intra-day support using a 4 hour low period, but personally trading longs would be more ideal from the start of the next Month.



Euro Weekly and 3-day pattern

I'm bearish on the Euro, as per Weekly report....

And today's lower open and selling below the Weekly 50% level & April 50% level at this stage is playing out.

5-day 50% level random support, but not keen trading longs on the euro




GBP Weekly and 3-day pattern

Higher Weekly open and same expectation as AUD, at this stage.


  • All Daily forex reports are written aftr 11.00am Sydney Time, which is approximately Midnight GMT
  • Exact levels shown for current day aren't confirmed until midnight GMT




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