EURUSD DAILY 29TH MAY 2013

EURUSD has formed head and shoulder pattern  with neckline 

i feel  as per Elliot wave, Pair has finished corrective wave ABC and developed new impulsive 

pair has support @1.2740 & 1.27  which is remained historic strong level and also neckline in this pattern

if pair breaks this neckline then it may test 1.204 , last year low 

Dear friends i know this level will not achieve in one single wave 

EURUSD HAS PIN BAR SETUP

EURUSD has formed pin bar setup in daily charts 
pair has showing rejection from level 1.3200 50% retracement ( as shown in charts)

resitance @1.3200 and support@ 1.3120 & 1.3050

AUDUSD HAS DOUBLE TOP PATTERN

AUDUSD has formed double top pattern ( A & B are two tops)

and pair has developed bearish emgulfing pattern below 50SMA 

So pair has entered in negative zone 

if pair breaks neckline @1.034 then it will be targeting towards 1.0140 & 1.01

Recommendation

AUDUSD Sell @ 1.0360 Stop loss @ 1.0460   Target @1.0140 & 1.010

Please trade with proper risk management plan with hedging 

GBPUSD has formed Double top pattern

GBPUSD has formed Double Top Pattern with neckline @1.5824

if pair breaks neckline @1.5824  then Pair may targeting towards 400pips

pair has Strong Support @1.5775

AUDUSD -20121214

AUDUSD has found resistance zone 1.06 to 1.0550 area 
Pair had rejected from level 1.06  (12/08/2012's high) & (14/09/2012's high) and now again pair is hovering near same level ( 1.055)and RSI (14) -65  where pair may find resistance 

If Pair fail to break this resistance then it may test strong support zone 1.0150area
breaks  and 
if Pair breaks resistance 1.0630 then it will be upside targeting +400pips

AUDUSD 20121009

AUDUSD  has formed Double Top pattern in Daily chart
Pair is rejecting from Support Zone ( 1.0152 to 1.0100)
Pair has formed bullish divergence in 4hourly charts
More chance Pair may reject from these level (pink Line)
i m looking more upside
if Pair breaks Support level @1.010 then Pair may test support@0.97