Friday, April 10, 2009

Going into next week


Here are four that have my interest going into next week.

The EUR is setting up a nice Gartley and GBP is just so so. EUR Bias is still to the downside. My bias on the GBP is to the downside as well but looks to maybe trying to push up slightly. Notice the higher high.Right now it's trading in an area of support.

NZD cup and handle could break to the upside. Five bars back tested the .382 fib. Bias is still to the upside

GBPJPY still trending to the upside for the short term and approaching a .382 fib level. If you draw your own fib notice how the JPYGBP honored the .236 level before continuing up. Bias still to the upside.

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