Charts, Currencies

The daily chart of the USD/CHF currency pair shows the predicted weakness, but also shows that price once more bounced from the median line of the green pitchfork.

The daily chart of the EUR/USD shows that price is chopping around in a rather narrow trading range. Not touching this for anything more than a short scalp until we get some clarity on Greece, or at least until the chart shows it's hand.

The daily AUD/USD chart shows that price didn't honor the upper yellow line (price was above by the time I woke up for the European session), but gave a very nice short entry at the upper line of the blue pitchfork.

The daily chart of the GBP/USD currency pair shows a nice bounce from the bottom of the red pitchfork I'm using for several weeks already, from this yellow trend line and from the 61.8% retracement of the last year's bull run. I like confluence of support!

The daily chart shows that price is forming a large wedge, after having bounced from the 61.8% retracement level of the bounce from the lows. As wedges are continuation patterns, price should break above the upper blue line somewhere soon (possibly after 1 more bounce)

The daily chart of the USD/CHF currency pair shows the bounce from the median line of the green pitchfork predicted in my previous post.

The daily AUD/USD chart shows that price is still contained within the large green pitchfork, but might be running into some resistance from the upper line of this yellow wedge that could be forming or by the upper line of the blue fork above.

The daily chart of the USD/CHF currency pair shows that price reached the target I menioned about a week ago: the median line of this green pitchfork.

The daily chart of the DX US Dollar Index future shows that price is bouncing from the upper band of this green pitchfork, while being stuck in this white wedge.

The EUR/USD weekly chart shows the some serious indecision, as we have the second week in a row that is represented by a doji. I guess a decision about where to go next will have to to wait until after next weeks Greek bond offering!