On the 30 minute chart, AUDCAD looks to exiting a descending wedge pattern to the upside. Optimal long entries in the .9020-.9025 range. Take profit: .9065. Stop loss: .8995.

On the Daily chart, the NASDAQ Index has broken sharply below the recently supportive trendline. Optimal short entries in the 13,750 - 13,810 range. Take profit: 13,150. Stop loss: 13,950.

On the 1 hour chart, GBP/CAD is continuing through an ascending wedge pattern giving near term bearish indications. The most favorable short entry range is 1.7035 - 1.7045. Take profit: 1.6950. Stop loss: 1.7080.

On the 1 hour chart, GBPNZD has been ascending through a reliable channel and now is showing an Elliott Wave pattern. Short entries are favored in the 2.0055 to 2.00060 range. Take profit: 1.9980. Stop loss: 2.0080.