28th April 2009 AUD, EUR, GBP/USD

AUD Weekly and 5-day pattern

Higher Weekly open and expectation price is moving back towards the MAY 50% levels.

There was 4 hour support around the 5-day 50% level on Monday, but a late break.

At this stage my view is to continue to trade on the short-side below the 5-day 50% level and 5-day 50% level @ .7108

Weekly lows random support

Euro Weekly and 5-day pattern

Expecting more weakness as per Weekly SELL pattern

5-day 50% level resistance

Weekly lows Random support

GBP Weekly and 5-day pattern

no probability pattern on GBP, other than using the 3-day filter (yellow as a trend guide)

As per my Weekly report of price consolidating into the end of the Trading month of April.


  • 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




    •