major currencies : directional indicator may 25

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