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