Monthly General Overview for 11 currency pairs - SUMMARY - October 2010

The following tables show the support and resistance levels for 11 currency pairs along with the risk-to-reward ratio calculations issued by Forex AI trading platform and a forecast of the trend direction on three long-term and medium term time frames with observation of general price action. This introduction is intended to serve as a summary to more in-depth long-term analysis for each one of the instruments involved, which will be presented individually along this week.

1. Yen Pairs: USD/JPY – EUR-JPY – GBP-JPY
2. Australia and Canada: AUD/USD – USD-CAD
3. European Session: EUR/USD – GBP/USD – EUR/CHF – GBP/CHF – EUR/GBP – USD/CHF