24th July ,USD, Euro, GBP, AUD, Weekly



USD Index

USD index heading down into the Yearly 50% level.

I would normally treat the trend as heading lower into the following month.

The only thing that could occur would be a 1-week counter-trend move upwards during the last week of the current month and then continue lower in August from the 50% levels.



Euro Monthly and Weekly

I was expecting more upside this week and Friday closing on its highs after testing the previous weekly breakout.

Trend bias is to continue higher towards August.

Next week trend guide is 1.2919


GBP Monthly and Weekly

stalled at the 3-quarterly 50% level, but GBP should at least move up towards next week's highs and the 3-month highs in July


AUD Monthly and Weekly

Weekly high breakout should continue higher and towards 9189 during the 3rd quarter

Next week's support @ .8877