Bearish: We are currently @ 136.92 in a trend an a 5th wave start. IF we can break support here, we are looking for a continuation to the ATR Target @ 135.25 with a further target the 0.786 Fibo @ 134.54 area. We have convergence on the hourly. The target up is 139.00 if it reverses. Watch the USDX for any change in direction. The ATR for the pair currently is 188 pips per day and its 180 day average is 183 pips per day. USDX is currently down.

Bearish: We are currently @ 166.51 in a range. IF we can break support here, we are looking for a continuation to the ATR Target @ 164.92 with a further target the Day chant bottom @ 164.00 area. We have ...

Note: ISM Manufacturing today!

Bearish: We are currently @ 0.9422 in a channel in a range. IF we can break support here, we are looking for a continuation to the ATR Target @ 0.9352 with a further target the range ...

Note: NFP is this Friday!

Bullish: We are currently @ 1.1997 in a channel in a range. We are looking for a continuation to the ATR Target @ 1.2116 with a further target the 1.618 Fibo @ 1.2143 area. We ...

Bullish: We are currently @ 0.9519 in a channel in a range. We are looking for a continuation to the ATR Target @ 0.9609 with a further target the 0.618 Fibo @ 0.9650 area. We have convergence on the hourly. ...

Note: NFP is this Friday!

Bullish: We are currently @ 1.8035in a channel in a range. We are looking for a continuation to the ATR Target @ 1.8120 with a further target the range top @ 1.8200. We have convergence ...

Note: ProAct is closed the rest of the week for the USA Holiday

Bearish: We are currently @ 0.6626 in a channel in a range. We are looking for a continuation to the ATR Target @ 0.6558 with a further ...

Bearish: We are currently @ 165.53 after the breakout of the wedge. IF we can break support here, we are looking for a continuation to the ATR Target @ 163.90 with a further target the support @ 163.49. We have ...

Bearish: We are currently @ 93.59 after the breakout. IF we can break support here, we are looking for a continuation to the ATR Target @ 92.62 with a further target the support @ 92.50. We have convergence on the ...

Bullish: We are currently @ 144.85 in the start of a new channel. Above 145.00, we are looking for a continuation to the ATR Target @ 145.80 with a further target the support @ 146.81. We have convergence on the ...

Bearish: We are currently @ 93.64 in a range. We are looking for a continuation to the ATR Target @ 92.95 with a further target the support @ 92.67. We have convergence on the hourly. Target up is 94.80 if ...

Bearish: We are currently @ 167.10 in a channel. We are looking for a continuation of the channel to the 1.618 Fibo/ATR Target @ 165.80 with a further target the support @ 165.00. We have convergence on the hourly. Target ...