Aud/Usd Weekly
Strategy: Pending Long - Staying Bullish as long as 0.8066 support (2010 Low) holds and expecting an eventual break of the 2011 high. On the lookout for signs that signal the end of wave C.
Eur/Usd Weekly
Strategy: Pending Short - Price is in No Man's Land. Key Levels would be 1.3710 & Rising Support Trendline from 2010 Low, somewhere around the 1.20 zone. Till I get a clear signal, I will be staying away from this pair.
Gbp/Usd Weekly
Strategy: Pending Short - Staying Bearish as long as 1.58 resistance is intact. Consolidations to long term down trend from 2.116 could have completed as a triangle, wave 4. Will look to position on the Short side when an opportunity presents itself.
Usd/Jpy Weekly
Strategy: Pending Long but Staying Flat till a deeper pull back presents a better risk/reward.
