3rd December 2011 USD, EUR, AUD Weekly Report

USD Monthly and Weekly cycles

USD dollar remains in an UP trend, with the December 50% level as Support...

Next 5-day's looks like it will remain range bound and choppy within the Weekly levels

EURO Monthly and Weekly

Overall trend bias is down.. but could remain within the Weekly levels.

AUD Primary and Weekly cycles

4th Quarterly 50% level could form resistance for the rest of this Year...

Whilst the December 50% level could form support over the next 2-days...

Trend guide the Weekly level @ 1.0260

However, anything below the December 50% level, price is moving down into the Weekly 50% level.

2nd December 2011 AUD, Euro Daily report

AUD Weekly and Daily

If AUD is going to go higher then price could retest the December 50% level.

However, the early trend guide will be the 12 hour highs @ 1.0198

Euro Weekly and Daily

Same applies on the Euro...

Support the Weekly level , with a possible higher Friday close...

12 hour level @ 1.3433 is the trend guide

• 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

1st December 2011 Euro, AUD Daily report

Euro Weekly and Daily

5-day 50% level, along with the Weekly level @ 1.3380 as support...

first target the Weekly 50% level...(Thursday's highs Random resistance)..

Don't short-trade above that, as price could continue towards the December 50% level and as high as the Weekly highs by Friday's close.

AUD Weekly and Daily

AUD has hit the November 50% level and Weekly highs, which can act as resistance.

There is a possible move towards Thursday's highs (resistance)...

but there is also a possible move back down towards the December 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

30th November 2011 Euro, AUD Daily Report

Euro Weekly and Daily cycles

I'm struggling to see the euro continue back towards the December 50% level (Weekly 50% level) this week...

I'ts has 2-days to move above and stay above the Weekly level, and it has failed to do so..

My view is that price will continue to move lower.

Weekly level @ 1.3380 remains the trend guide

Random support in the 12 hour range

AUD Weekly and Daily cycle

1 day to go until the start of December....

today is either going to continue to follow the daily cycles upwards (Random resistance Wednesday's highs

or it's going to remain choppy...

with potential weakness in the 2nd 12 hour range if inside the 12 hour channels (white).

December 50% level is the trend guide from tomorrow

• 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 November 2011 Euro, AUD Daily report

Euro Weekly and Daily

Trend bias is down after retesting the Wekely levels and closing lower.

As long as it remains below the 5-day 50% level.

5-day 50% level resistance

AUD Weekly and Daily

On the other hand, the AUD looks like it is moving in a 3-day counter-trend move up towards the Weekly 50% level, and then the December 50% level by Thursday.

As long as it remains above the 5-day 50% level and Weekly level @ .9867

• 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 Novermber 2011 Euro, AUD, Daily Report

Euro Weekly and Daily

There is a breakout of the Weekly and Daily lows, that should see the market continue down into Monday's lows and then the Weekly lows.

Monday's lows match the Monthly lows (support)

Resistance 5-day 50% level.

AUD Weekly and Daily

Resistance the Weekly lows and Weekly level @ .9855/67

with the expectation that price is moving down towards this week's lows @ .95510

Random support Monday's lows

Resistance 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

26th November 2011 USD, Euro, AUD Weekly Report

USD Monthly and Weekly

USD Index continues with the expected upward trend towards the November highs...

Those highs are seen as resistance, with the Weekly 50% level as the trend guide...

Note:- this pattern as part of a Quarterly breakout pattern from the 3rd Quarter.

This could result in the trend continuing to extend up towards the December highs...

which normally happens after the Trend revisits the Weekly lows later in December.

Euro Monthly & Weekly Cycle

Moving down into the November lows (random support)

Either the trend extends towards the December lows...

or swings up towards the December 50% levels later next week...

AUD Monthly and Weekly

Same applies on the AUD....

25th November 2011 Euro AUD Daily report

Euro Weekly and Daily

My view is that the Euro is moving towards the November lows...

but because of the Weekly lows, that might not happen this week...

Random support Friday's lows

5-day 50% level resistance.

AUD Weekly and Daily

Trend bias is down into the November lows...

but if Friday is trading inside the 11am levels, then there is a possible retest of the Weekly lows @ .9853 & the 5-day 50% level (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

24th November 2011 Euro, AUD Daily report

Euro Weekly and Daily

Trend bias is down into the November lows @ 1.3148/99

Random support Weekly lows

Resistance 5-day 50% level

Potentially could follow the breakout of Wednesday's lows and continuation down into Thursday's lows

AUD Weekly and Daily

Move down into November lows @ 9491

Thursday's lows random support

Weekly lows resistance @ .9853....

Trend guide the 12 hour channels (white & blue)

• 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

23rd November 2011 Euro/ Aud Daily report

Euro Weekly and Daily

Tuesday remained within the 12 hour levels and choppy either side of the Weekly level.

my view is that the trend bias is still down....

short-term trend is based on the Weekly level and 5-day 50% level after 11am

AUD Weekly and Daily

Remains bearish as it's below the Weekly lows....with a potential move towards the November lows @ .9491
Random support Wednesday's lows, extremely bearish below those lows.

Unless it's trading above the 11am level @ 98.72 (potential swing back towards 1.0043)...

I wouldn't get excited about BUYing longs on the AUD.

• 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