Wednesday, 2 December 2009

Weekly Outlook charts


EURUSD - Crossing the U_GREEN of green channel; it may try for small UP then fall back as the bottom segment is getting larger.


GBPUSD - There is a small UP trend and if it breaks below 1.6500 then we will see pair testing 1.6450s

USDJPY - After going to wilderness it is setting order back to its price. I believe it will do a double bottom - i.e testing 86.00s again before jumping back to channels. Very naughty pair!!!


USDCHF - Upper segments getting bigger and RSI below 40s shows it will test a Low again & then try for U_Green later. I'll call it snail phased.

EURGBP - RSI in middle and pressure to hit L_Green. It already did a down trend so expect a small Up trend now.


GBPJPY - following its masters it is very confused - do I go with JPY or GBP; they can go opposite directions. With big upper segment it will certainly break the U_Green. a small down trend is waiting now - may be GBP will push down.

EURJPY - RSI gives away the story. A test at U_Green then fallback. With EUR GDP due spikes are waiting. expect down trend v.soon


AUDUSD - If there is no intervention this pair should do small spike Up and then test L_green. careful with this pair - can hit boundaries of Blue channels.

No comments:

Post a Comment

Followers