USDCHF – Channel Continuation

Bearish: We are currently @ 9.9937 in a range and in a channel. We are looking for a move to the ATR @ 0.9849 with a further target @ the 1.618 Fibo @ 0.9810. Watch the USDX for any change in direction. The ATR for the pair currently is 118 pips per day and its 180 day average is 99 pips per day. USDX is currently down.

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GBPUSD – Channel Continuation

Bullish: We are currently @ 1.1349 in a 5th wave in a channel. Above 1.1370 look for a move to the ATR @ 1.1465. Watch the USDX for any change in direction. The ATR for the pair currently is 241 ...

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GBPUSD – continuation after big correction

Bearish: We are currently @ 1.1180 in a range. We had CPI and it was positive so should provide a catalyst for this pair. Below 1.1111 look for a move first to 1.0924 with the overall target the ATR @ ...

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EURNZD – continuation in the range

Bullish: We are currently @ 1.7377 in a channel in a range. We have start of divergence for the up move. Above 1.7400 look for a move first to 1.7453 with the overall target the range top @ 1.7562. The ...

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USDCHF – reversal opportunity

Bearish: We are currently @ 0.9961 in a range. We have start of convergence for the down move. Below the support @ 0.9950 look for a move first to the 0.786 Fibo @ 0.9906 with the overall target the ATR ...

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USDJPY – Should continue the channel

Bullish: We are currently @ 145.58 in a Bullish flag pattern and possible 3rd wave. We have convergence for the up move. Above 145.71 look for a move first to the 1.618 Fibo @ 146.53 with the overall target the ...

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GBPCHF – Big target possibility

Bearish: We are currently @ 1.1097 in a possible 5th wave.. We have divergence for the down move. Below 1.1062 look for a move first to the 2.618 Fibo @ 1.0976 with the overall target the ATR target @ 1.0885. ...

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EURJPY – breakout to target

Bearish: We are currently @ 143.20 after setting a top and breaking out of the Trend. We have divergence for the down move. We are looking for the continuation of a move to the ATR Target @ 142.15 and should ...

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GBPJPY – the end is near

Bearish: We are currently @ 164.60 in a rising wedge (bearish) at the top. We have divergence for the down move. We are waiting for a double top and then IF we can break the day chart Resistance now support, ...

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EURNZD Head and Shoulders In

Bearish: We are currently @ 1.7065 and finally have the head and shoulder reversal pattern in place. We have divergence for the down move. USDX appears to be flipping finally so IF we can break the Slope support here, we ...

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EURAUD Reversal

Bearish: We are currently @ 1.4918 after an attempt to take out the ATR to the long side (1.5053). USDX appears to be flipping finally so IF we can break the Slope support here, we are looking for a move ...

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EURAUD One more push

Bullish: We are currently @ 1.6896 in a range. IF we can break the resistance here, we are looking for a move to the ATR Target @ 1.7002. Watch the USDX for any change in direction. The ATR for the ...

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