9th October 2010 ,USD, Euro, GBP, AUD, Weekly

USD Index

moving into support levels on October around the lows, but there support levels need to be verified with price trading back above the 3-week 50% levels and the Quarterly levels (Yellow)

At this stage my view is that any potential reversal might not happen until the 3rd or 4th week of this month.

Euro Monthly and Weekly

Trend around resistance levels in October with the view that price is moving back down before it can continue higher

We look for patterns in the 5-day range to 'time' the short trades.

GBP Monthly and Weekly

moving upwards next week into the highs (resistance)

AUD monthly and Quarterly

Target @ 9979  (resistance)

reversal of the trend will begin with price trading below 97.60