SP-500: In the short term I expect the SP-500 to peak at around 1424 points. that would be a gain of about 1% compared to the current level. Depending on the opening I might trade the SP-500 with the UPRO first long and once this point is reached from the short side
EURUSD: difficult to say what happens in the next two weeks. It might be a topping formation or a preparation for a break out. In the short term the short side should be limited. I expect the EURUSD at least to hit 1.3365 in the very short term. So depending on the opening I might try a long position.
AUDUSD: tricky situation, confronting patterns on different time levels. The daily chart supports a break to the downside soon. According to the hourly chart it should go down a bit further followed by a break to the upside. The 15 minute chart forecasts an upside move. I might go for the small upside move depending on the opening of the market.
EURUSD: difficult to say what happens in the next two weeks. It might be a topping formation or a preparation for a break out. In the short term the short side should be limited. I expect the EURUSD at least to hit 1.3365 in the very short term. So depending on the opening I might try a long position.
AUDUSD: tricky situation, confronting patterns on different time levels. The daily chart supports a break to the downside soon. According to the hourly chart it should go down a bit further followed by a break to the upside. The 15 minute chart forecasts an upside move. I might go for the small upside move depending on the opening of the market.
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