May 2009
EURO (EURUSD)
EWA charting on the daily time frame
Comment
Three horizontal lines mark the historical highs dated February 1991, September 1992, and April 1995. The lowest of these levels (February 1991) has already been a resistance in the end of March and the beginning of April this year. Upon completion of the impulse currently designated as (1) in the end of May, a corrective pattern (presumbly wave (2) accorting to the present EWA charting) was formed. The third, highest level (April 1995) may become the next resistance to be tested most probably within a month.The bull impulse of May prompts the completion of the long-term large-scale triangle [A]-[B]-[C]-[D]-[E] and the beginning of an upward motion which will probably last for a few weeks and may hit the level 1.50000.
CANADIAN DOLLAR (USDCAD)
To be developed
POUND (GBPUSD)
To be developed
ДОЛЛАР/ФРАНК (USDCHF)
YEN (USDJPY)
To be developed
AUSTRALIAN DOLLAR (AUDUSD)
To be developed



