31st December 2011 USD, EURO, AUD Weekly Report

USD Primary and Weekly cycles

USD is likely to continue up into the 2012 highs, which are seen as resistance.

and then revisit the Yearly 50% level and 1st Quartertly 50% level.

EURO Primary and Weekly cycles

2012 lows are seen as support....

Yearly 50% level is seen as resistance.

There is a breakout of December lows, so my view is that price will continue down into the January lows


AUD Primary and Weekly

AUD is either going to continue up into the 2012 highs...

or drop down into the 2012 lows (Support)...

if the latter happens then AUD could move into a 2 year bear cycle

30th December 2011 Euro, AUd, Daily report

Euro Weekly and Daily

looks like a choppy trading day for Friday...

random trend guide using the 5=day 50% level (41 pip ranges)


AUD Weekly and Daily


AUD looks choppy on the last day of the year....

trend guide 5-day 50% level

possible it remains within the 12 hour channels





  • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT


  • Exact levels shown for current day aren't confirmed until midnight GMT




    • 29th December 2011 Euro, AUD Daily reports

    Euro Weekly and Daily

    Weekly lows and Thursday's lows random support

    5-day 50% level & 12 hour 50% levels random resistance.

    In conclusion:- The support levels can hold, but keep in mind that the Euro is likely to extend lower in January and towards the new Quarterly lows.


    AUD Weekly and Daily

    Fake move above the 5-day 50% level, and then a break of 12 hour support, would usually lead to a move towards Thursdays lows (random support)

    5-day 50% level (resistance)

    Note;- trend could continue lower for the rest of this week, but it could also remain choppy, as price waits for the next Primary cycle and new Yearly 50% level, and then decide whether the trend will continue lower or not












    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



    • 28th December 2011 Euro, AUD Daily Reports

    Euro Weekly and Daily

    December low @ 1.3039 is currently supporting the trend.

    for the trend to move upwards it will need to be trading above the 5-day 50% level.

    Otherwise a break of December lows and the 12 hour channel will see today move down into Wednesday's lows and possibly breakout


    AUD Weekly and Daily

    December 50% level support, but it needs to move above the 12 hour channel highs, using the 5-day 5% level as support.

    A break of 12 hour support could lead to further weakness for the rest of this week.

    27th December 2011 Daily Reports:- Euro & AUD

    Euro Weekly and Daily

    Euro caught in between the Monthly lows and the Weekly level.

    Today's trading is based on whether the trend continues down (random support 12 hour lows)

    or

    Whether it continues up, confirmed by a break above the 5-day 50% level, which may act as random resistance for a period of time

    AUD Weekly and daily

    AUD looks like it continue continue higher using the December 50% level as a trend guide...

    but it will need to be above the 12 hour channel highs after 11am



    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



    • 24th December 2011 USD, Euro, AUD

    USD Primary and Weekly cycles

    Depending on what happens in the last few days of the year (next week)...

    The USD could see weakness in the lst Quarter, as part of retesting the 2012 50% level

    Euro Primary and Weekly cycles

    If there is weakness in the USd, then the Euro could rise up from the 2012 lows and swing back towards the 2012 50% level

    AUD Primary and Weekly cycles

    Short-term AUD looks like it could continue upwards...

    However, the Critical level on the AUD is the 2012 yearly 50% level.

    If above then it's following a move towards the Yearly highs.

    Below could see a 2 year down trend, with a 6-9 month support level around the yearly lows in 2012.

    23rd December 2011 AUD, Euro Daily reports

    AUD Weekly and Daily

    Wednesday's fake breakout didn't lead to more weakness.

    AUD is currently caught in between the monthly 50% & Weekly 50% levels.

    December 50% level is now the trend guide on whether the AUD continues towards Friday's highs

    or remains within the 12 hour channels.

    Trend guide December 50% level and 12 hour channel highs (white)


    Euro Weekly and Daily

    no probability which direction Friday will take...

    simply trade on the side of the December low @ 1.3039 and also the

    5-day 50% level and 12 hour channel lows (white)




    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



    • 22nd December 2011 Euro, AUD, Daily report

    Euro Weekly and Daily cycles

    Retest of the previous Weekly breakout and the rejection back down....

    This could see the rest of this week continue down into this Week's lows @ 1,2877.

    Therefore the trend guide becomes the December lows @ 1.3039, along with the 12 hour channel lows.

    Either it continues down, or remains choppy into the Christmas break.

    AUD Weekly and Daily cycles

    Fake move above the higher timeframe 50% levels, and fake 5-day high breakout....

    could see the trend continue lower for the rest of this week.

    Trend guide the 5-day 50% level and 12 hour channel highs (white)





    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



    • 21st December 2011 Euro, AUD, Daily Reports

    Euro Weekly and Daily

    Swing back towards the previous Weekly lows, which may act as resistance :- 1.3618 to 1.3211.

    Daily and 12 hour 50% levels support for a move towards Wednesday's highs.

    AUD Weekly and Daily

    A swing back towards the higher timeframe 50% levels has played out.

    There are two conflicting patterns at the moment.

    #1) higher timeframe 50% levels can act as resistance (Weekly and December 50% levels)

    #2) A breakout of Tuesday's 5-day highs could see the trend continue up towards Wednesday's highs.

    Therefore early 12 hour price action could see a revisit of the daily 50% levels, which match Tuesday's highs breakout (Support)

    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



    • 20th December 2011 Euro, AUD, Daily Report

    Euro Weekly and Daily

    5-day 50% level is the trend guide on whether it continues down into Tuesday's lows.

    And the 5-day 50% level and the December 50% level will be the trend guide on whether Tuesday begins a swing UP towards the previous weekly low breakout


    AUD Weekly and Daily

    12 hour channel lows @ .9912 is trend guide on Tuesday moving down into the daily lows and Weekly level @ 9843 (Random support)

    It is also the trend guide if Tuesday decides to swing upwards (5-day 50% level support 2nd 12 hours



    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



    • 19th December 2011 Euro, AUD, Daily Report

    Euro Weekly and Daily

    This week's trading is based on the December lows @ 1.3039, and whether it swings back towards the previous Weekly lows, as part of retesting the breakout.

    Trend guide the 12 hour channels & 50% level.

    Random resistance:- 5-day 50% level 1.3121

    AUD Weekly and Daily

    Monday's trading is based on whether it moves back towards the Weekly and Monthly 50% levels...

    Random resistance the 5-day 50% level:- 1.0015.

    Trend guide .9977


    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



    • 17th December 2011 USD Index, Euro, AUD Weekly Reports

    USD Monthly and Weekly

    US dollar could continue up into this week's highs, and continue to extend towards next highs in January.

    However, in the short-term I would like to see the USD revisst this week's breakout and Weekly 50% level, as support)

    Euro Monthly and Weekly

    Whatever the USD does the Euro will do the opposite...

    Which means Weekly lows Support...

    And look for a move upwards to retest of this week's breakout @ 1.31680, using the December lows as a trend guide

    AUD monthly and Weekly

    Weekly 50% level and December 50% levels resistance.

    16th December 2011 Euro, AUD Daily report

    Euro Weekly and Daily

    Euro trading between the December lows, and likely to trade between the 12 hour channels on Friday.

    Because of the current price action, there is an expectation that the trend will continue to extend towards the January lows in the first Quarter.

    In the medium term, we should begin to look for patterns that are going to move upwards & retest this week's breakout low. (next week)

    However, I can't see that happening today.


    AUD Weekly and Daily cycles

    Looks to be moving towards the Daily and Weekly lows on friday

    using the 12 hour channel lows as a trend guide. @ 9923

    However, if above, then Friday is moving back towards the 5-day 50% level (random resistance)...

    along with the weekly 50% level (random resistance)


    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



    • 15th December 2011 Euro,AUD Daily report

    Euro Weekly and Daily

    first 12 hours today is based on price remaining within the two December lower levels, defined by the 12 hour channel (blue)

    2nd 12 hours is either going to move down into Thursday's lows

    or back towards the 5-day 50% level (Resistance)

    AUD Weekly and Daily

    looks to be moving down into Thursday's lows (random support)

    using the 12 hour 50% level that matches Wednesday's lows.

    Resistance 5-day 50% level.



















    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



    • 14th December 2011 AUD, Euro Daily report


    Euro Weekly and Daily cycles

    Euro Down into the December lows... (random support)

    Whilst the Weekly lows could act as resistance for the rest of this week.

    There is also a breakout of Tuesday's lows could see price move down into Wednesday's lows

    AUD Weekly and Daily cycles

    Weekly 50% level  the trend guide

    along with the 12 hour 50% levels and white channel lows could see the trend continue down into Wednesday's lows


    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT


  • Exact levels shown for current day aren't confirmed until midnight GMT





    • 13th December 2011 Euro, AUD, Daily report

    Euro Weekly and Daily cycles

    Random support around the Weekly lows....

    but because of Monday's breakout, there is an expectation that the trend is moving down into Tuesday's lows
    Tuesday's lows random support

    intra-day 50% levels random resistance levels (.41 to .84 pips)

    Any further weakness as the USD dollar rises could see the Euro down into the December lows @ 1.30390


    AUD Weekly and Daily cycles

    12 hour channels (white) will decide whether the trend continues down into the Weekly 50% level and Tuesday's lows

    Tuesday's lows random support






    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT


  • Exact levels shown for current day aren't confirmed until midnight GMT




    • 12th December 2011 Euro, AUD Daily reports

    Euro Weekly and Daily

    Trend bias is down, with the Weekly 50% level and also the 5- Day 50% level as trend guides.

    random support 12 hour channel lows (White)

    AUD Weekly and Daily cycles

    Trend bias is up, as it's above the Weekly and Monthly 50% levels.

    However, in the short-term the trend bias is the 5-day 50% level

    with 12 hour channel lows (white) random support




    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



    • 10th December 2011 USD, EURO, AUD Weekly Reports

    USD Monthly and Weekly

    US Dollar looks to be consolidating into the end of the year.

    The next major move will occur at the start of 2012 using the Yearly 50% level as the trend guide

    Euro Monthly and Weekly

    Same applies on the euro, consolidation in the end of this year, with the 2012 Yearly 50% level the next major trend level.

    In the short-term using the Weekly 50% level, which could see a move upwards next week.


    AUD Monthly and Weekly

    Same applies on the AUD....

    December 50% level is next week's support level

    and 5-day 50% level (not shown)

    9th December 2011 Euro, AUD, Daily Report

    Euro Weekly and Daily

    Weekly level is currently supporting the trend...

    but using the 5-day 50% level, there is an expectation that could see price move down into Friday's lows, which are seen as random support)



    AUD Weekly and Daily cycles

    December 50% level @ 1.0135 could support the AUD....

    however, it could also follow the Thursday break and extend pattern towards friday's lows (Support).

    Trend guide the 12 hour channels (white)







    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



    • 8th December 2011 Euro AUD Daily Report

    Euro Weekly and Daily

    Random resistance the 5-day 50% level

    Random support Thursday's lows

    Trend bias remains down


    AUD Weekly and Daily

    Trend bias is the Weekly level @ 1.0260

    However, no probability set-up for Thursday...

    12 hour channel trading





    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT


  • Exact levels shown for current day aren't confirmed until midnight GMT





    • 7th December 2011 EURO, AUD Daily cycles

    Euro Weekly and Daily cycles


    The 5-day 50% levels are the trend guide for today's trading...

    my view is that  the euro moves down and not up...

    but if above the 12 hour channels (white), that changes things

    AUD Weekly and Daily

    5-day 50% level is the trend guide....

    along with the Weekly level

    each way bet on Wednesday's direction
















    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



    • 6th December 2011 Euro, AUD, Daily report

    Euro Weekly and Daily

    Euro looks to be moving down into the Weekly level @ 1.3304

    5-day 50% level is the trend guide (12 hour channel lows white)

    AUD Weekly and Daily

    Weekly level is the trend guide, but I'm not sure Tuesday will push higher unless is above the 12 hour channel @ 1.0294

    Random support 5-day 50% level and 12 hour channel lows




    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



    • 5th December 2011 Euro, AUD, Daily report

    Euro Weekly and Daily

    The Euro looks range bound on monday between the Weekly levels.

    If below the white 12 hour channes then it's moving down into 1.3304

    if above the 5-day 50% level @ 1.3401

    then it's up into the Wekely 50% level (random resistance)


    AUD Weekly and Daily

    Weekly level is the trend guide @ 1.0260
    This will determine whether the AUD will follow the double Weekly high pattern into 1.0411
    Or whether it moves down into the December 50% level (random support)

    Weekly 50% level Support














    • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT

  • Exact levels shown for current day aren't confirmed until midnight GMT



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