27th August 2010 ,USD Euro AUD, GBP Daily

USD Index and 5-day pattern

Is the US index going to rally up towards the weekly highs on Friday using the 10-day 50% level and 3-day cycle low as support?

If so it will send currencies down.

or is it going to drop whilst price is below the 5-day 50% level?

Euro Weekly and 5-day pattern

looking at the euro and failure to break above the August 50% level , this can set-up a Friday that moves down into the Weekly lows.

however, the current price action in the daily range doesn't support that.

Trend guide 1.2707

don't hold shorts above Friday's highs (1.2776)

AUD weekly and 5-day pattern

no probability pattern based on the current 5-day patterns and Weekly ranges.

Trend guide the 5-day 50% level

GBP Weekly and 5-day pattern