29th MAY USD, Euro, GBP, AUD, Weekly



USD Index

At this stage the expectation is to continue towards the June highs, whilst this puts pressure on the currencies.

Euro Monthly and Weekly

Euro down into June lows, but there is still the possibility that next week consolidates and moves up towards the June 50% level and then sells down the week after.





GBP Monthly and Weekly

Still bearish on GBP, but next week can rise towards the June 50% level using 1.4364 as a trend guide.


AUD Quarterly and monthly

Quarterly low support which matches the Yearly 50% levels.

But unless price is trading above the June 50% levels and 3-Quarterly 50% level price can remain consolidating next week.