15 October 2010 ,USD, Euro AUD, GBP, Weekly


USD Index

my view is a swing upwards during the 3rd or 4th Week of this month.

The first sign will be price trading above 77.85

target will be the November 50% level.

or price can continue to consolidate for the rest of this month below the 4th Quarter lows @ 78.36.

however, what we see in most currencies is the 5-day Friday patterns, which can start the week with a 2-day reversal pattern that may break support levels (5-day range)


Euro monthly and Weekly

Friday 5-day high, can lead to the next 2-days moving lower.

Trend guide @ 1.3993.


AUD monthly and weekly

Same 5-day Friday highs.

trend guide .9890

GBP monthly and Weekly

Same pattern:- trend guide 1.5973