20th October 2012 Euro & AUD Weekly cycles

Euro Monthly & Weekly cycles

The Euro looks like it's moving back towards the 4th Quarterly 50% level

Random Support:- Weekly 50% level @ 1.2960

AUD monthly and Weekly cycles

Weekly cycles look like it's going to send the Aussie dollar downward...

However, there are good patterns within the monthly cycles that suggest that the October 50% level @ 1.03304 can form support just like the 4th Quarterly 50% level the Monday before.