GBPJPY- The Last run

Bullish: We are currently @ 160.49 after testing the resistance to the upside. We are looking for a bounce here to continue to the ATR target @ 161.86 with a further target @ 162.22. We have divergence so this may be the last run before the pullback. Watch the USDX for direction. The average daily true range (ATR) for the pair is 233 pips and it’s 180 day average is 223 pips per day. USDX is currently down.


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EURAUD-Breakout opportunity

Note: ADP was positive USDX positive

Bullish: We are currently @ 1.5554 after testing the resistance to the upside. IF we can break resistance here, we are looking to continue to the ATR target @ 1.5659 with a further target ...

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EURJPY-Can we break resistance

Note: ADP tomorrow and NFP on Friday typically slows the market down before.

Bullish: We are currently @ 138.69 after testing the resistance. IF we can break resistance here, we are looking to continue to the ATR target @ 140.18. ...

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AUDNZD-Can we break?

Bullish: We are currently @ 1.0783 after testing the resistance and in a channel. IF we can break resistance here, we are looking to continue to the ATR target @ 1.0863. Watch the USDX for direction. The average daily true ...

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USDCHF Channel breakout

Bullish: We are currently @ 0.9279 after a channel breakout. IF we can break resistance here, we are looking to continue to the ATR target @ 0.9349. Watch the USDX for direction. The average daily true range (ATR) for the ...

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GBPUSD Continuation still in play

Bearish: We are currently @ 1.2135 in a channel and large flag pattern (bearish). IF we can break support here, we are looking to continue to the ATR target @ 1.1998. Lots of confluence on this pair. Watch the USDX ...

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GBPUSD Big C Wave Ahead

Bearish: We are currently @ 1.2162 after finishing a 5th wave and a trend UP. We are looking to do an ABC reversal to the S6 @ 1.1834. Lots of confluence on this pair. Watch the USDX for direction. The ...

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GBPJPY flag says up

Bullish: We are currently @ 168.20 in a flag pattern and in a channel. IF we can break resistance here, we are looking for a continuation to the 4.236 Fibo @ 169.44 with the overall target the ATR @ 170.08. ...

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GBPJPY channel continuation

Note: FOMC is this afternoon

Bearish: We are currently @ 1.6695 in a channel. IF we can break support here, we are looking for a continuation to the ATR Target @ 1.6600. We have convergence on the hourly. The target ...

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GBPCHF headed to the range top

Note: Tons of Fundies this week

Bullish: We are currently @ 1.1518 in a range after a breakout. IF we can break resistance here, we are looking for a continuation to the ATR Target @ 1.1578 with a further target ...

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GBPNZD Breakout up

Note: Tons of Fundies this week

Bullish: We are currently @ 1.9255 in a range after a breakout. IF we can break resistance here, we are looking for a continuation to the ATR Target @ 1.9289 with a further target ...

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NZDUSD Back to the top

Bullish: We are currently @ 0.6378 in a range. IF we can break resistance here, we are looking for a continuation to the ATR Target @ 0.6450 with a further target the Range Top @ 0.6500 area. We have convergence ...

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