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EURUSD Testing support as resistance

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USDINX falls hard
It doesn't look like it will make the 78.17 mark today, but likelihood is high within the next few days that it will. Currently it's just above at 78.41 after crashing through S3 daily pivot. The mess of

Consolidation is still in effect. Even with the strong anti USD move this morning, NZD, AUD, GBP and EUR are all within ranges seen over the last few weeks. USDCAD has taken out 1.0953 levels and may consolidate more in days to come, with only 1.0941 as possible support now.

Weekly profits so far
It's been a pretty decent week so far.(Past results are not indicative of future results) For some reason I didn't take a trade on the EURGBP that I should have.

EURUSD hits Resistance

After price hit the resistance line, it fell back as low as 1.4207. A close above the line may take price back to as high as 1.4450.

H&S forming on the NZDUSD 6 hr
Price bounced rather stiffly after touching the support line drawn below. A break lower takes the pair below the H&S neckline sending price to .6600 and .6500 further down. I am short the pair for a target of .6631

USDJPY Headed for support around 93.00/92.65
This support is drawn off the lows from 01/21/09 and 07/13/09. If broken price may fall to 91.70. The most interesting moves are in the EURJPY and the GBPJPY, which have taken a few extra minutes this morning to take on a strong negative tone. In the last hour, EURJPY was almost 75 points higher than it is now and is not yet below its Daily Low. The JPY may be the leader in the weakness that may unfold in late US trade, should stocks lose their footing.

EURUSD lifts to find resistance
This is a common occurrence, and I expect a possible rise in price to as high as the two upper black resistance lines. The USD strength Overnight comes on the back of two main items. The BoE minutes, with three include King, voting for a greater than anticipated increase in QE. Also, the Shanghai Stock Index dropped 5.1% last night. The later has barely made the news in US trade. Concern is mounting that China's growth may not be the engine to pull the world from its slump.