EURJPY-two scenarios

Note: election day in the USA

Bearish: We are currently @ 146.34 in a channel. Two scenarios: 1: Bullish: A bounce here look for a move to the ATR target @ 148.67 area. 2: Bearish: A break down here would set up a move to the 1.618 Fibo @ 145.00. Watch the USDX for any change in direction. The ATR for the pair currently is 176 pips per day and its 180 day average is 163 pips per day. USDX is currently

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USDJPY-break support-big opportunity

Bearish: We are currently @ 146.28 in a channel. IF we can break the 2.618 Fibo support, we are looking for a continuation of the channel to the S5 @ 1145.10 with a further target the 4.236 Fibo/ATR target @ ...

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GBPNZD-small bounce then Continue

Bearish: We are currently @ 1.9447 in a channel. We are looking for a small bounce here and then a continuation of the channel to the ATR Target @ 1.9308 with a further target the 2.618 Fibo @ 1.9255. We ...

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GBPJPY-Should Continue The Channel

Bearish: We are currently @ 169.21 in a channel (and 3rd wave). We are looking for a move to the 1.000 Fibo @ 168.28 with a further target the ATR target @ 167.56. We have convergence on the hourly. Target ...

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GBPCHF-nice opportunity

Bearish: We are currently @ 1.1465 in a channel (and possible 3rd wave). We are looking for a move to the 1.618 Fibo @ 1.1397 with a further target the ATR target @ 1.1362. We have convergence on the hourly. ...

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GBPUSD-Should continue the channel

Bearish: We are currently @ 1.1531 in a new channel (and possible 3rd wave). We are looking for a move to the square up @ 1.1500 with a further target the ATR target @ 1.1413. We have convergence on the ...

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GBPUSD-Should Breakout

Bearish: We are currently @ 1.1565 attempting a breakout. We are looking for a move to the square up @ 1.1500 with a further target the ATR target @ 1.1430. We have convergence on the hourly. Target up is 1.7000 ...

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EURNZD-Breakout opportunity

Bearish: We are currently @ 1.7258 after an expected breakout. We are looking for a move to the ATR target @ 1.7084 with a further target the 2.618 Fibo @ 1.6978. We have convergence on the hourly. Target up is ...

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GBPNZD-Should continue the channel

Bearish: We are currently @ 1.9904 at a significant top in a channel. We are looking for a move to the ATR target @ 1.9533 with a further target the 2.618 Fibo @ 1.9274. We have divergence on the hourly. ...

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GBPCHF -3rd Wave continuation

Bullish: We are currently @ 1.1309 in a 3rd wave and a tight Range. We are looking for a move to the ATR target @ 1.1484 with a further target the Day top @ 1.1530. WE have divergence so this ...

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GBPCHF– Break the range

Bullish: We are currently @ 1.1310 in a Range. We are looking for a move to the ATR target @ 1.1447 with a further target the 1.618 Fibo @ 1.1505. Watch the USDX for any change in direction. The ATR ...

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GBPUSD– Channel Continuation

Bearish: We are currently @ 1.1234 in a channel. We are looking for a move to the ATR target @ 1.1087 with a further target @ the S5 @ 1.1063. Watch the USDX for any change in direction. The ATR ...

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