Κυριακή 11 Μαρτίου 2012

OUTLOOK FOR THE WEEK AHEAD (10-17 MARCH)

Starting this Month i will be publishing  a table of the daily and weekly outlook of the G7 currencies every Sunday. The analysis cosist of two columns Trend- Wave . Trend column shows the tendency of a currency to go up or down.Wave shows the tendency of a currency within a trend. Note prices rise in waves and not in a straight lines.

Looking my analysis below  i can say that the currency that is in a strong uptrend is USDJPY followed by the EURJPY. In the other hand, EURUSD is getting ready to resume its strong down trend again!

 
CURENCIES DAILY WEEKLY
TREND WAVE TREND WAVE
EURUSD
-1 -5 -5 -1
EURJPY
7 1 -3 3
EURAUD
-1 3 -7 -5
EURCHF
-5 -3 -5 -5
USDCHF
-1 5 1 -1
GBPUSD
-1 -3 -5 1
USDJPY
7 5 5 5
AUDUSD
3 -5 7 5

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