AUD Weekyl & Daily cycles
Trend bias is UP, and 12 hour channels (white) are the trend guide towards the Weekly & Daily highs
Euro Weekly & Daily cycles
5-day 50% level is the trend guide, as per purple guidelines on the 5-day chart.
26th March 2013 AUD & Euro Daily Report
AUD Weekly & Daily cycles
Trend bias is UP...
with trailing Support around the 5-day 50% level & Weekly level @ 1.0404
Euro Weekly & Daily cycles
5-day 50% level and 12 hour channel lows are seen as resistance....
and even though it has found support around the Weekly lows, that could result in a move upwards...
I think the trend is moving down into Tuesday's lows, as part of a move towards the MARCH lows @ 1.2798.
25th March 2013 AUD & Euro Daily Report
AUD Weekly & Daily cycles
Trend bias is UP towards the MARCH & then April highs.
Whilst the Weekly level @ 1.0404 is seen as Support
Euro Weekly & Daily cycles
Monday's highs & Weekly 50% level is seen as Random Resistance....@ 1.29930
23rd March 2013 AUD & Euro Weekly Report
AUD Monthly & Weekly cycles
Trend bias is UP...
Euro Monthly & Weekly cycles
Monthly Support levels, and any further gains are based on next week's 50% level
22nd March 2103 AUD & Euro Daily reports
AUD Weekly & Daily cycles
Random resistance Weekly highs & friday's highs, as part of a move up towards the MARCH highs.
5-day 50% level & Thursday's highs is seen as Support
Euro Weekly & daily cycles
Trend bias is down into the March lows....
Weekly lows & 5-day 50% level is the trend guide @ 1.2899
21st March 2013 AUD & Euro Daily Report
AUD Weekly & Daily cycles
5-day 50% level is seen as Support, along with the Weekly level @ 1.0360
Euro Weekly & Daily cycles
Trend bias is down into the MARCH lows, defined by the 5-day 50% level...
However, if we look at the Weekly report, the Euro has found support around the monthly cycle levels
@ 1.2869
20th March 2013 AUD & Euro Weekly Report
AUD Weekly & Daily reports
Just holding support around 1.0360
Euro Weekly & Daily cycles
Trend bias is down into MARCH lows (random Support)
19th March 2013 AUD & Euro Daily Report
AUD Weekly & Daily cycles
Above the MARCH 50% level & Weekly level @ 1.0360 the trend bias is UP....
if inside the 12 hour channels @ 1.04, then price could revisit that same Weekly level (Support)
Euro Weekly & Daily cycles
Trend bias is down into the MARCH lows
However, above 1.2949 and an upward move towards the Weekly 50% level is on the cards.
18th March 2013 Euro & AUD Daily Report
Euro Weekly & Daily cycles
Trend bias down into the MARCH lows @ 1.2798
Breakout of Monday's lows should continue down, but with a random support zone around the Weekly lows @ 1.28986
5-day 50% level is seen as resistance.
AUD Weekly & Daily cycles
Trend guide the Weekly level @ 1.0360
& also the MARCH 50% level @ 1.03320
Trend bias is UP, but a break of Daily Support will put pressure on the AUD to drop.
16th March 2013 AUD & Euro Weekly Reports
AUD Monthly & Weekly cycles
Trend bias is for a 2-month wave pattern upwards #A
but it could stall and follow #B
EURO Monthly & Weekly cycles
Hasn't hit Support in the monthly cycles
Weekly 50% level is the trend guide, as to whether it continues down, or
move up into the MARCH 50% level, which is seen as Resistance
15th March 2013 Euro & AUD Daily reports
Euro Weekly & Daily cycles
Trend bias remains down, but the Weekly level @ 1.0328 will decide whether there's upside or further weakness towards the Weekly & Monthly lows by next week.
AUD Weekly & Daily cycles
March low Support & now a breakout of the Weekly highs & March 50% level suggest more upside (2-month wave pattern towards the April highs....
Support Weekly levels, random resistance Friday's highs
14th March 2013 Euro & AUD Daily report
Euro Weekly & Daily cycles
Trend bias DOWN towards Thursday's lows, as part of a move towards the MARCH lows
Trend guide Daily 50% levels & 12 hour channels
AUD Weekly & Daily cycles
AUD likely to remain within the Weekly & Mnothly 50% levels.
Random Support 5-day 50% level @ 1.02520
13th March 2013 AUD & Euro Daily Report
AUD Weekly & Daily cycles
March 50% level Resistance @ 1.03320
but a breakout of Tuesday's highs could see a push up into Wednesday's highs and the Weekly level @ 1.0343: Random Resistance
Euro Weekly & Daily cycles
Trend bias is down....
but above the Weekly level & 5-day 50% level could see a 24 hour rise towards Wednesday's highs & the Weekly 50% level @ 1.3150:- Resistance.
12th March 2013 Euro & AUD Daily Report
AUD Weekly & Daily cycles
any further upside moves will be based on the 5-day 50% level and also the Weekly level @ 1.3028
Target Weekly 50% level & Tuesday's highs (if above)
however, overall bias is to move downward
AUD Weekly & Daily cycles
5-day 50% level & Weekly level is the trend guide @ 1.02520
Random resistance levels Tuesday's highs
& Monthly 50% level @ 1.03320
11th March 2013 AUD & Euro Daily reports
AUD Weekly & Daily cycles
Weekly 50% level is the trend guide
Random 4-hour support around 1.0198
(Read Weekly Report)
Euro Weekly & Daily cycles
Weekly level is the trend guide 1.3028
Trend bias is based on the 12 hour channels, as to whether it continues down into Monday's lows,or not
9th March 2013 AUD & Euro Weekly Reports
AUD monthly & Weekly cycles
Trend bias is UP, helped by the patterns in the Monthly lows in March, and next Week's 50% level @ 1.02520
But it could struggle to rise above the March 50% level:- random Resistance
Euro Monthly & Weekly cycles
Trend bias is down into the Monthly the cycle lows & Quarterly 50% level.
8th March 2013 AUD & Euro Daily Reports
AUD Weekly & Daily cycles
Monthly cycles suggest the AUD will continue up towards the March 50% level...
Weekly cycles are mixed, as the Weekly 50% level could continue to act as resistance, therefore 1.0284 is the trend guide
5-day 50% level & 12 hour channel lows are support
Euro Weekly & Daily cycles
I wasn't expecting the Euro to Rise, but with a breakout of Thursday's highs it should continue up into Friday's highs, which match the Weekly level @ 1.3145
1.3145 is seen as resistance.
7th March 2013 Euro & AUD Daily cycles
AUD Weekly & Daily cycles
The AUD failed at the Weekly 50% level, therefore it could move back down towards the Weekly level @ 1.0200 (Support)
However, thereis random Support around the 5-day 50% level
Euro Weekly & Daily cycles
Trend bias is down
5-day 50% level is resistance
Random Support:- Thursday's lows
6th March 2013 Euro & AUD Daily reports
Euro Weekly & Daily cycles
Trend bias is DOWN...
Tuesday retested the previous Weekly lows and failed, therefore there is a bias to move down into the Weekly & March lows.
However, above the 5-day 50% level & it's moving up into the Weekly level @ 1.3145
AUD Weekly & Daily cycles
5-day Support, with Randon Resistance around the Weekly 50% level @ 1.0284.
However, based on the March low support, the AUD is likely to continue up into the Weekly highs & Monthly 50% level.
5th March 2013 Euro & AUD Daily report
Euro Weekly & Daily cycles
The trend bias is down towards the Weekly & Monthly lows...
Random Resistance the 5-day 50% level.
Note:- there was a Friday 5-day low support pattern that could see a 2-DAY rise.
if above the 5-day 50% level, then the target is 1.3145:- Resistance
AUD Weekly & Daily cycles
March low Support, and now the Weekly level @ 1.02 will define whether the trend continues up towards the Weekly 50% level.
Note:- 14.30 Reverse announces whether there's a change in rates or no. AUD could remain flat until then.
3rd April 2013 Euro & AUD Daily Report
Euro Weekly & Daily cycles
Trend bias is down into the March lows....
Currently price action in the daily cycles favours a move down into Monday's lows
Whilst the Weekly level @ 1.3145 & 5-day 50% level is seen as resistance
AUD Weekly & Daily cycles
As noted in the Weekly Report, the AUD has broken some higher timeframe 50% levels, therefore the bias is down, helped by the close below the Weekly lows.
but if above the Weekly level @ 1.0200 the bias is to rise upwards:- Random resistance 5-day 50% level &
1.0266
2nd March 2013 AUD & Euro Weekly Reports
AUD Monthly & Weekly cycles
Below the Yearly 50% level and Quarterly 50% level...
Trend bias is down into the March lows (Random Support), but could see more weakness because of the Primary cycles
Euro Monthly & Weekly cycles
A lot of support around the Quarterly 50% level, the March lows and in the single monthly lows @ 1.20690
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