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My AUDUSD forecast: AUDUSD Based on the weekly charts, the price moves upward, for the time being it has lingered near level 7/8, further rise is possible (Fig. 1). Fig. 1 - W1 Reasoning from the daily charts, the closest target is Т1-1.0031 (Fig. 2). Fig. 2 – D1 Reasoning from the 240 min chart analysis, the closest target along the trend is T1-0.8826 (Fig. 3). Fig. 3 – 240 Reasoning from the hourly chart analysis, the closest target along the trend is 0.8734 (Fig. 4). Fig. 4 – 60

My AUDUSD last week analysis: AUDUSD Based on the previous analysis of 240 min chart, the closest target along the trend was Т1-0.8925 (Fig. 1). Fig. 1 – 240 The target was reached on Jan. 28, 2010, but the trade was not made due to a small estimated profit (Fig. 2). Fig. 2 – 240

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USD/JPY WEEK We see a downtrend. Since last week the situation has not changed. The price has hit strong reversal level 2/8 and now it is very likely to reach level 0/8, because on the way to this level the price has only weak local reversal level 1/8. USD/JPY DAY It is a downtrend. On the way to target T1 there are no strong reversal levels from senior time frames (let us say that T1 coincides with level 2/8), therefore the price is very likely to reach level T1 after moving into the lower trading range. USD/JPY 240 We see an uptrend, on the way to target T1 there are no strong resistance levels which are significant on senior time frames, only local levels 6/8 and 7/8. There is a good chance of the price reaching target T1 or even target M.

USD/CAD WEEK Since last week the situation has not changed. It is a downtrend, the price is getting ready to attack a weak reversal level 1/8 once again. On the way to the target there is a strong reversal level 0/8. There is a high probability of a reversal or a strong retracement of the trend from level 0/8. USD/CAD DAY Since last week the situation has not changed. A downtrend. The price moves in the trading range and therefore may linger there (a flat has started). On the way to the target there is strong level 0/8 which is significant on weekly template. The price has almost exceeded the time frames, and for the further analysis we need to reconstruct the template using new extremes. USD/CAD 240 We see a downtrend. The price is in the trading range, a flat is possible. On the way to the target T1 there are no strong levels from senior time frames. The price may easily reach target T1 after hitting p.4 down and reaching the lower trading range.

EUR/JPY WEEK There are no changes over last week. A new extreme has emerged below point 5. For the time being we leave the layout as it is to evaluate MM-levels, but we cannot analyze the template until new extremes emerge and we define the trend’s direction. A downtrend from level 6/8 might have started. EUR/JPY DAY A downtrend. On the way to the target T1 there is level 4/8 which is significant on weekly charts. If the trend continues to go down, at least a deep retracement from this level is very likely. The price is beyond time frames, for the further analysis we need to reconstruct the template using new extremes. EUR/JPY 240 We see an uptrend. All targets have almost merged into one. On the way to the targets there are no levels from senior time frames. The price is in the trading range, a flat is possible. Time frames are very small and most likely for the further analysis we will have to reconstruct the template using new extremes.

GBP/USD WEEK There are no changes over last week. We see an uptrend. The first target along the trend almost coincides with the strong reversal level 8/8. The price is in the upper trading range. After hitting level 7/8 there is a good chance of reaching T1. A reversal from level 8/8 is also possible. GBP/USD DAY This is a downtrend. There are no targets along the trend. The price has reached a strong reversal level 0/8 which is significant on weekly charts. There is a high possibility of the trend’s reversal from the oversold area. GBP/USD 240 We can see a downtrend. On the way to the target there is a strong reversal level 2/8 which is significant on a senior time frame. The price is in the upper trading range. After hitting level 2/8 the price may reach target T1.

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AUD/USD WEEK Not much has changed since last week despite a new extreme. It is an uptrend. The price has hit quick reversal level 7/8 on the move and went down. Since the price went through 3 MM-levels without strong retracement, a trend reversal from this level is likely. AUD/USD DAY Not much has changed since last week. An uptrend. All targets along the trend are quite close to each other. We can see a retracement from strong level 6/8 which is significant on weekly charts. Perhaps, this is a start of a downtrend. However if the uptrend continues, the price is very likely to reach level 8/8 that is below target T1, because on the way to this level the price has only a weak local reversal level 7/8. AUD/USD 240 This is a downtrend, the price is in the trading range and may linger there for a while. On the way to target T1 there are no strong levels from senior time frames, so the price may easily reach this target after hitting p.4 down. AUD/USD 60 An uptrend. The price is in the upper trading range after hitting p.4 upward, till level 8/8 there are no more strong resistance levels from senior frames. The price may reach target T2 or even target M (unless the price is stuck at quick reversal level 7/8).

The weekly template shows that so far the price is near level 7/8 of the green octave. Further upward move after reaching level 7/8-0.9277 is likely (Fig. 1). Fig. 1 - W1 Fig. 2 - W1 The layout of new points shows that the uptrend may continue in the net with greater strides (Fig. 2). According to the detailed analysis the price hit level 0.9277 and reversed downside. After hitting level 4/8 it reversed upward again (Fig. 2). Fig. 2 – 60 Further analysis shows that upward move from level 2/8 may continue (Fig. 3). Fig. 3 – 60