US Dollar Index DXY & USDCHF Potential failing rally on a Cypher Pattern - 27th Oct, 2014

US Dollar Index DXY & USDCHF Potential failing rally on a Cypher Pattern - 27th Oct, 2014

Hourly Chart

Outlook Trade opportunity

The Cypher on the DXY chart is a much better 78.6 where it is at a good Resistance level, however on the USDCHF its not as significant. How we may play this is we can also anticipate that the dollar strength might fail to rally to new highs for the meantime and some weakness is to come. Being the case we could play the majors dollar crosses and find the strongest currency against the USD to go long.

Risk Level __

Tips -

Always take note of any economical news event on our provided calender below

GBPNZD - Medium Term Outlook - 27th October, 2014

GBPNZD - Medium Term Outlook - 27th October, 2014

Wkly Chart

• We have seen rejection at the 2.10, after breaking resistance which now comes in at support 2.04 where now could have a range bound trading.

Daily Chart

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Outlook Trade opportunity

Medium term i favor the upside, therefore if prices to fall to the low 2's , we could go long
note - will look at the GBPUSD and NZDUSD (with NZDUSD heading to new lows and GBPUSD holding or at strong support)

Risk Level __

Tips -

Always take note of any economical news event on our provided calender below

AUDUSD Update Medium Term Forecast

AUDUSD Update Medium Term Forecast - 27th October, 2014

Weekly Chart

• Watch for RSI on a retest of the channel

Daily Chart

• After hitting Yearly lows, the Aussie has held but in a very range bound between .865-.88,
• Resistance should come in around 0.895-.90
• Note - please watch RSI on a close above.

Outlook Trade opportunity

Looking for clearly price action - to the downside

Risk Level __

Tips -

Always take note of any economical news event on our provided calender below