On the 30 minute chart, EUR/AUD is preparing to test and in our view bounce off support at the 1.4950 level. The optimal buy entry range is 1.4950-60. Take profit: 1.5020. Stop loss: 1.4930.

On the Daily Chart, NZDJPY has formed an inverse pinbar and showing signs of reversing downwards near term. Entry range for fresh short positions: 78.50 - 78.60. Take profit: 78.10 Stop loss: 78.95.

On the 30 minute chart, the NASDAQ index has dipped into a buy zone just above support near 13,750. The optimal buy entry range is between 13,730 and 13,760. Take profit: 14,150. Stop loss: 13,650.

On the 4 hour chart, AUD/USD has formed a sharp double bottom while breaking above near term resistance at the .7200 level. Optimal long entries are in the .7230-.7235 range. Take profit: .7290. Stop loss: .7205.