Melbourne Qindex 00:23 GMT May 25, 2005
Major Currencies : Directional Indicator
The market is neutral when it is trading between the daily and weekly cycle's "super magnet". It is negative when it is trading below and moving away from the neutral zone. The neutral zone of the following pairs are as follow :-
EUR/USD : 1.2350 - 1.2589
GBP/USD : 1.8232 - 1.8317
USD/CHF : 1.2292 - 1.2419
AUD/USD : 0.7475 - 0.7656
USD/CAD : 1.2638 - 1.2804
USD/JPY : 107.36 - 109.16
EUR/JPY : 135.71 - 136.15
GBP/JPY : 196..00 - 201.87
EUR/GBP : 0.6896 - 0.6909
EUR/CHF : 1.5466 - 1.5546
USDX : 86.42 - 87.52
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