17th July ,USD, Euro, GBP, AUD, Weekly



USD Index


Heading down into the Yearly 50% level....

Next week could see a short term 2 day counter-trend move towards the Weekly 50% level.



Euro Monthly and Weekly

Euro heading higher towards the 3-Quarterly 50% level.

There is a breakout of the Weekly lows, which should see higher highs next week.

However, look for a short-term reversal back to rest the breakout early in the week before the market continues upwards




GBP Quarterly and Weekly

Now trading between the 3-Quarterly 50% level and the 3-months 50% level.

Weekly 50% level Support for a move towards the July highs.


AUD Monthly and Weekly...

AUD trading above a number of higher timeframe 50% levels:- Trend UP.

Support:- Weekly and July 50% levels @ .8625