23rd August 2010 , Euro AUD, GBP Daily

Euro Weekly anmd 5-day pattern

As per Weekly report, there is a possibility that the USD index begins this week with a 2-day down move, therefore the Euro could move upwards...

However, there is no Friday pattern support in the Euro, therefore the probability of the next 2-days rising back above 1.2822 is less likely at this stage.

Monday's Trend guide is 1.2684

AUD Weekly and 5-day pattern

Election result has put pressure of the AUD, and whilst below 89.13 looks like it is moving down towards this week's lows @ 8818


GBP Weekly and 5-day pattern