Note: FOMC Today!

Forex Strategy is Bearish: We are currently @ 97.32 in a range. We broke out of the wedge, but it could still be a corrective channel. If we get a turn here, we are looking for a continuation to the ATR target @ 96.20 area, with the overall target the Range Bottom/S5. A bounce targets the return to the 0.618 Fibo @ 99.26. We have convergence on the 60 min chart. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 121 pips per day and it’s 90-day average is 118 pips per day.

Forex Strategy is Bullish to Bearish: We are currently @ 153.99 in a channel in a range. We are looking for a continuation to the ATR target @ 155.00 area. We have divergence on the 60 min chart so ...

Note:PPI Positive Today!

Forex Strategy is Bearish: We are currently @ 159.99 after a double top. If we get the breakdown here, we are looking for a continuation to the ATR target @ 158.87 area and then to the ...

Note: CPI neutral Today!

Forex Strategy is Bearish: We are currently @ 1.6527 in a rising wedge at the top of a Range. If we get the breakout, we are looking for a continuation to the ATR target @ ...

Forex Strategy is Bullish: We are currently @ 151.60 in a channel in a Range. We are looking for a continuation to the ATR target @ 152.70 area and then to the R5 @ 153.44. We have convergence for ...

Forex Strategy is Bullish: We are currently @ 191.54 in a channel. We are looking for a continuation to the ATR target @ 192.51 area and then to the 1.270 Fibo @ 193.20. We have convergence for the up ...

Note:ISM manufacturing and Jolts Today!

Forex Strategy is Bearish: We are currently @ 157.05 in a range. We are looking for a continuation to the ATR target @ 156.21 area and then to the 0.618 Fibo @ 155.99. We ...

Forex Strategy is Bullish: We are currently @ 1.7866 in a range. If USDX continues up, we are looking for a continuation to the ATR target @ 1.7924 area and then to the 0.618 Fibo @ 1.7948. Watch the ...

Forex Strategy is Bullish: We are currently @ 1.2647 after a bounce. If USDX continues down, we are looking for a continuation to the ATR target/Range top @ 1.2727 area and then to the 1.270 Fibo @ 1.2753. Watch ...

Forex Strategy is Bearish: We are currently @ 91.57 at a significant top. If USDX continues up, we are looking for a continuation to the ATR target @ 90.88 area and then to the 0.618 Fibo @ 90.79. Watch ...

Forex Strategy is Bullish: We are currently @ 1.2652 in a Falling wedge Breakout. If USDX continues down, we are looking for a continuation to the ATR target @ 1.2726 area and then to the 1.618 Fibo @ 1.2757. ...

Forex Strategies Bearish: We are currently @ 1.1239 in a range. If the breakout holds we are looking for a continuation to the ATR target @ 1.1177 area and then to the 0.618 Fibo @ 1.1166. Convergence is in ...