23rd October 2012 Eur & AUD Daily Report

Euro Weekly and Daily cycles

Monthly cycles suggest the Euro is Rising...

Weekly cycles not giving away any clues, as it's hitting resistance levels...

Trend guide 5-day 50% level..

Random Support Tuesday's lows


AUD Weekly and Daily cycles

As mentioned in the Weekly Report, the monthly cycle 50% level is the trend guide & support @ 1.0340....

5-day 50% level in the Daily cycles will determine whether the trend will continue to rise.
  • 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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