1st March 2013 AUD & Euro Daily Report

  Euro Weekly & Daily cycles

Looks to be moving down into the Monthly lows, if below the Weekly lows on Friday

Helped by the 12 hour channels:- random Support Friday lows

AUD Weekly & Daily cycles

Daily close below the February lows & Monthly close below the Yearly 50% level, favours more weakness,

as it follows the Monthly cycles downward.

28th February 2013 AUD & Euro Daily report

AUD Weekly & Daily cycles

Showing some signs of support from Wednesday's , but below the Yearly 50% level

Any futher gains will depend on the levels in the 5-day cycles

Starting with the 12 hour channels (white) & then the 5-day 50% level

Euro Weekly & Daily cycles

Support off the Weekly lows, but struggling to break the 5-day 50% level.

What we notice is the 'NO-Control' Daily pattern on Tuesday, and now WEdnesday is moving above it, which can

often lead to more gains, as it breaks out of the range of the previous day.

If that's the case, then above the 5-day 50% level will see price continue up towards the February 50% level & Thursday's highs.

27th February 2013 AUD & EURO DaILY REPORTS

AUD Weekly & Daily cycles

Weekly low support, but below the February lows and also the Yearly 50% level.

The 5-day 50% level @ 1.026 will decide whether the trend will continue down and break Wednesday's lows

Euro Weekly & Daily cycles

Same applies in the Euro....

below the February 50% level and also the single monthly lows @ 1.3108

trend bias is down into the February lows

5-day 50% level will decide whether it's going to continue down or not.

26th February 2013 AUD & Euro Daily reports

AUD Weekly & Daily cycles

Yearly 50% level Support...

12 hour random support on Tuesday, as shown

but at the same time it's being sold down from the Weekly 50% level towards the Weekly lows

Euro Weekly & Daily cycles

Bearish but random Support on Tuesday's lows

24th February 2013 AUD & Euro Weekly Reports

AUD Monthly & Weekly Cycles

AUD remains above major Support:- Yearly & Quarterly 50% level

and by the look of it, price is going to resume its upward trend using the Weekly 50% level is the trend guide

Euro Monthly & Weekly cycles

Breakout of the Weekly lows should continue down into next week's lows, and matched with the single monthly lows @ 1.3108, which is seen as Support :- 1.3074/3108

Whilst the Monthly 50% level as resistance for the next 5-days

22nd February 2013 AUD & Euro Daily report

AUD Weekly & Daily cycles

SHowing weakness, as it's below the February lows and just under the Yearly 50% level....

Random Support:- Weekly & Daily lows

Euro Weekly & Daily cycles

Showing alot of weakness based on the Weekly low breakout & February 50% level...

Resistance those same levels...

Whilst Friday's lows random Support.

21st February 2013 Euro & AUD Daily report

Euro Weekly & Daily cycles

Begining to look weak, as the breakout of Wednesday's lows could see the trend continue lower, especially as it's now below the February 50% level.

Resistance :- 5-day 50% level

Random Support Thursday's lows

AUD Weekly & Daily cycles

Still on Primary Support:- Yearly 50% level

But a breakout of Wednesday's lows should see the trend continue lower

5-day 50% level Resistance

Thursday's lows random Support.

20th February 2013 AUD & Euro Daily report

AUD Weekly & Daily cycles

Primary Cycles remain bullish & price is rising up from the February lows....

if the AUD is going to continue higher (above the Weekly 50% level)

then the 5-day 50% level and 12 hour channel highs is seen as Support

Euro Weekly and Daily cycles

Same applies with the Euro....

5-day 50% level and 12 hour channel highs (Support)

19th February 2013 AUD & Euro Daily reports

AUD Weekly & Daily cycles

Just holding higher timeframe support:- February lows & Yearly 50% level...

Random Support Tuesday's lows.

A breakout of those lows could see the AUD begin a larger reversal pattern downward from the 2nd 12 hours...

Note:- if above or inside the 12 hour channel (white), then hopefully it can swing towards the Weekly 50% level

Euro Weekly & Daily cycles

Under the Weekly level isn't a good sign to start the week...

12 hour support shown

18th February 2013 AUD & EUR Daily report

AUD Weekly & Daily cycles

Currently trading around higher timeframe support, whilst the short-term timeframes continue to show weakness....

Random Support shown

random resistance Daily 50% level @ 1.0320

Euro Weekly & Daily cycles

higher timeframe levels still bullish...

12 hour channels will define whether there is more upside in the 2nd half of the day.

whilst the upper 12 hour channels forming random resistance.

16th February 2013 Euro & AUD Weekly Report

Euro Monthly & Weekly cycles

Right on February 50% level, but being capped under the 2nd Quarterly highs @ 1.3501

Next week's level @ 1.33630 is the trend guide, as to whether it moves up once again, or trends down into the single monthly lows (Red) Support

AUD MONTHLY & WEEKLY CYCLES.

Support on the Yearly 50% level and 2nd Quarterly 50% levels...

but struggling to move above the single monthly lows (RED) at 1.0336

and may continue until the end of the month.

Support February lows @ 1.0274

random resistance Weekly 50% level @ 1.03590

15th February 2013 Euro & AUD Daily cycles

Euro Weekly & Daily cycles

The Euro is trading around lower Weekly Support @ .13349

but the daily cycles on Friday suggest weakness

Random Resistance 5-day 50% level and 12 hour channels

AUD Weekly & Daily cycles

Weekly cycles suggest and move upwards into the Weekly & Monthly 50% level

12 hour channels (white) Support

14th February 2013 AUD & Euro Daily Report

                                                             AUD Weekly & Daily cycles

The AUD looks like it's going to continue higher...

5-day 50% level is Support

Target:- Weekly & February 50% levels.

Euro Weekly & Daily cycles

Daily channels could see the trend continue upwards, as long as it's above the 12 hour channels (white)

but the Weekly 50% level is seen as a random Resistance level @ 1.3480

13th February 2013 Euro & AUD Daily report

Euro Weekly & Daily cycles

Trend bias is UP...

Random Resistance around the Weekly 50% level...

but if it's going to continue higher, then the 12 hour channel high (white) is the ideal level from where it can move up from.

AUD Weekly & Daily cycles

Tuesday low & Yearly 50% level Support, and finally the daily cycles are beginning to show some positive signs that the trend can move upwards...

Support& trend guide the 5-day 50% level

12th February 2013 Euro & AUD Daily report

Euro Weekly & Daily cycles

If the Euro is going to continue higher, then the 12 hour channels will help (above 1.3404)

AUD Weekly & Daily cycles

Yearly 50% level continues to Support the AUD, but the Daily & Weekly cycles aren't helping

Random Support :- Tuesday's lows

11th February 2013 Euro & AUD Daily reports

Euro Weekly & Daily cycles

Random Support Weekly cycles:- 1.33490

But the 5-day 50% level and 12 hour channels look like forming resistance level during the 12 hours

AUD Weekly & Daily cycles

Primar action on Friday and the Yearly 50% level suggests the AUD is going to rise upwards....

Trend guide 1.03280

However, the daily cycles aren't helping during the 1st 12 hours.

therefore random Support around the February lows @ 1.02830

9th February 2013 Euro & AUD Weekly Report

Euro Monthly & Weekly cycles

Retesting the January high breakout & the February 50% level:- Support

whilst the above Qarterly level @ 1.35070 is seen as resistance

AUD Monthly & Weekly cycles

Right on Yearly 50% level Support

Weekly level @ 1.0328 will decide whether the AUD rises upwards

8th February 2013 AUD & Euro Daily reports

AUD Weekly & Daily cycles

 The AUD is right on support:- February lows and more importantly the Yearly 50% level @ 1.0272.

However, the Daily cycles at this stage aren't providing the pattern that suggests it's going to rise during the first 12 hours.

Random Support:- Friday's lows

Euro Weekly & Daily cycles

The Euro has completed the retest of the January high breakout.

It may continue down into the Weekly lows & February 50% level, in fact it should because

of Thursday's 5-day low breakout, but it won't surprise me if it doesn't

12 hour resistance:- Thursday's lows @ 1.3438

7th February 2013 AUD Euro Daily reports

AUD Weekly & Daily cycles

Random Support:- February & Thursday's lows...

Whilst the Weekly lows @ 1.03390 form 4-12 hour resistance

Euro Weekly & daily cycles

The euro couldn't remain above the Weekly level.

Therefore there is the expectation that it's retesting the January high breakout  & Weekly 50% level

5-day 50% level - resistance

6th February 2013 AUD & Euro Daily Report

AUD Weekly & Daily cycles

Aussie Dollar looks to be moving down:- Weekly level and 5-day 50% level is seen as resistance @ 1.0470

Support:- Weekly lows @ 1.03390

Euro Weekly & Daily cycles

Tuesday low Support...

Therefore the Weekly level @ 1.3527 becomes support on Wednesday.

5th February 2013 Euro & AUD Daily reports

Euro Weekly & Daily cycles

The euro looks like it's moving down to retest the January high breakout, or the Weekly 50% level

5-day 50% level is resistance

whilst Tuesday's low are random Support

AUD Weekly & Daily cycles

Trend bias is Weak, but as mentioned yesterday, the Aussie dollar looks like it's rising upwards:- 2 day rise

if above the daily channels & February 50% level, then the Weekly 50% level is resistance

if today is trading below Monday's lows @ 1.0487

then the trend bias is down

4th February 2013 AUD & Euro Daily Reports

AUD Weekly & Daily cycles

February 50% level sell down on Friday has a trend bias to continue down into February's lows

However, Friday's low support could see this week begin with a 2-day rise.

Therefore the trend guide is based on the Weekly level @ 1.4070 & also the 5-day 50% level

Euro Weekly & Daily cycles

Trend bias is up into February's highs, which is seen as resistance, and then my view is that it's coming back down to retest the January high breakout  @ 1.3379.

Helped by patterns in the 5-day cycle

2nd January 2012 AUD & Euro Weekly Reports

AUD Monthly & Weekly cycles

Monthly & Weekly cycles showing weakness, as it's being pushed down from the February 50% level.

5-day support resides around the single monthly lows @ 1.3360

EURO Montlhy & Weekly cycles

January breakout extending up into the February highs ,which is seen as resistance....

Whilst Support resides around Quarterly highs @ 1.3501