USDJPY one more trip to the top

Bullish to Bearish: We are currently @ 139.55 in a channel. IF we can break the 139.69 we are looking for a final move to the ATR Target @ 140.22 and then a reversal. We have divergence in play as well as USDX topping out. Watch the USDX for any change in direction. The ATR for the pair currently is 126 pips per day and its 180 day average is 125 pips per day. USDX is currently up in a sideways move.

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EURJPY poised to go short

Bearish: We are currently @ 138.53 in a range. We have topped out and IF the USDX stays up, we are looking for a continuation to the ATR target @ 137.56 area with a bigger target the 0.500 Fibo @ ...

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AUDUSD range opportunity

Bullish: We are currently @ 0.6924 in a range. We have divergence in play. IF the USDX turns down, we are looking for a continuation to the ATR target @ 0.6990 area with a bigger target the 0.382 Fibo @ ...

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USDCHF topped out headed south

Bearish: We are currently @ 0.9666 after topping out the range. We have divergence in play. We are looking for a continuation to the ATR target @ 0.9604 area with a bigger target the 0.500 Fibo @ 0.9541. Watch the ...

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GBPNZD Let’s finish this channel

Bearish: We are currently @ 1.8975 in a nice channel. We are looking for a continuation to the ATR target @ 1.8897 area with a bigger target the 0.786 Fibo @ 1.8877 area. Watch the USDX for any change in ...

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GBPUSD correction done let’s go

Bullish: We are currently @ 1.1780 in a bull flag which is bullish for the pair. If we can break the flag, we are looking for a continuation to the R4/ATR target @ 1.1961 area with a bigger target the ...

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NZDUSD Triangle pattern for one more move

Bearish: We are currently @ 0.6167 in a large range. If we can break the bearish triangle, we are looking for a continuation to the day chart bottom/ATR target @ 0.6096 area with a bigger target the 1.618 Fibo @ ...

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EURJPY Breakdown in the future

Bearish: We are currently @ 137.18 in a day chart trend. If we can break current support, we are looking for a continuation to the ATR target @ 135.83 area with a bigger target the 0.618 Fibo @ 135.32 area. ...

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EURJPY trying to continue the channel

Bearish: We are currently @ 137.28 in a big channel. We are looking for a continuation to the ATR target @ 136.07 area with a bigger target the 0.618 Fibo @ 1135.32 area. Watch the USDX for any change in ...

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GBPCHF channel breakout opportunity

Bullish: We are currently @ 1.1438 after a breakout of the channel. We are looking for a continuation to the ATR target @ 1.1498 area with a bigger target the former bottom now resistance @ 1.1524 area. Watch the USDX ...

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AUDNZD heading to the range bottom

Bearish: We are currently @ 1.1030 in a channel and a range. We are looking for a continuation to the ATR target @ 1.0972 area with a bigger target the range bottom @ 1.0950 area. Watch the USDX for any ...

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EURJPY continues the channel

Bearish: We are currently @ 136.57 in a channel and Day chart trend. We are looking for a continuation to the ATR target @ 135.32 area with a bigger target the S5 @ 135.22 area. Watch the USDX for any ...

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