USDJPY after FOMC?

Waiting:Currently we are 108.19 in a channel in a Big Range. Two scenarios: 1: Bullish:a move to the ATR target @ 108.60 and possible stronger move to the 109.00 area. 2: Bearish: A break down here to the ATR target of 107.67 and most likely to the 0.214 Fibo @ 107.52 area. The average daily true range (ATR) for the pair currently is 48 pips but its 180 day ATR is 58 pips.


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EURGBP channel?

Bearish:Currently we are @ 0.8866 in a channel in a Big Range. IF we can break support here, are looking for a continuation initially to the 1.618 Fibo target @ 0.8762 and then the Day chart bottom @ 0 ...

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EURNZD continuation?

Bearish:Currently we are @ 1.7145 in a channel in a Big Range. We are looking for a continuation initially to the ATR target @ 1.7061 and then the square up @ 1.6945.The average daily true range (ATR) for ...

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GBPJPY continuation?

Bullish:Currently we are @ 132.57 in a channel in a Range. We are looking for a continuation initially to the ATR target @ 133.92 and then watch for a strong pullback or reversal.The average daily true range (ATR ...

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EURJPY continuation?

Bullish:Currently we are @ 118.02 in a channel in a Range. We are looking for a continuation initially to the ATR target @ 118.64 and then to the 0.500 Fibo @ 119.52 with an overall target the square ...

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EURUSD corrective move continuation?

Bullish to Bearish:Currently we are @ 1.1061 in a channel in a Range. We are looking for a continuation initially to the ATR target @ 1.1093 and then to the channel wall @ 1.1093 area.Watch for a reaction ...

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EURAUD channel continuation?

Bearish:Currently we are @ 1.6247 in a channel in a Range. We are looking for a continuation initially to the ATR target @ 1.6194.The average daily true range (ATR) for the pair currently is 143 pips and its ...

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GBPJPY triangle break?

Bullish:Currently we are @ 129.90 in a symmetrical triangle in a Range. IF we can break resistance here, we are looking for a continuation initially to the ATR target @ 130.87.The overall target is the square up @ 131 ...

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EURNZD Range opportunity?

Bearish:Currently we are @ 1.7439 in a Range. IF we can break support here, we are looking for a continuation initially to the 0.214 Fibo @ 1.7619.The overall target is the 1.7224 area. The average daily ...

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GBPAUD channel opportunity?

Bullish:Currently we are @ 1.7959 in a Rang. IF we can break resistance here, we are looking for a continuation initially to the Day chart top @ 1.8098 and then to the ATR Target @ 1.8147.the overall target ...

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EURGBP channel opportunity?

Bearish:Currently we are @ 0.9152 in a Range after a correction. IF we can start the move down here, we are looking for a continuation initially to the 0.500 Fibo @ 0.9112 and then to the ATR Target ...

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USDCHF channel opportunity?

Bullish:Currently we are @ 0.9830 in a Range. IF we can break the resistance @ 0.9818, we are looking for a continuation initially to the 0.382 Fibo @ 0.9852 and then to the ATR Target @ 0.8894.The ...

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Great weekly analysis, very useful and educational.
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