Bearish: We are currently @ 85.43 after putting in a large a-b-c pattern. We have convergence to the downside. IF, we can break the slope support, we are looking for a continuation to the S4@ 84.24 area and then the ATR target @ 84.08 area. Watch the USDX for any change in direction. The ATR for the pair currently is 120 pips per day and its 180 day average is 111 pips per day. USDX is currently threatening up at the time of this post.

Bearish: We are currently @ 165.99 after putting in a second corrective wave. We have convergence to the downside. We are looking for a continuation to the ATR target@ 163.45 area and then the S6@ 161.86 area. Watch the USDX ...

Bearish: We are currently @ 135.44 after putting in what appears to be a top. We have convergence to the downside. We are looking for a continuation to the ATR target@ 134.53 area and then the S4 @ 134.39 area. ...

Bearish: We are currently @ 135.44 after putting in what appears to be a top. We have convergence to the downside. We are looking for a continuation to the ATR target@ 134.53 area and then the S4 @ 134.39 area. ...

Bearish: We are currently @ 1.2244 near the top of a 5th wave. We are looking for a continuation to the ATR target@ 1.2113 area and then the S6 @ 1.2057 area. Watch the USDX for any change in direction. ...

Bullish: We are currently @ 94.66 after a channel wall breakout. We are looking for a continuation to the ATR target@ 95.39 area and then the day char resistance @ 96.90 area. Watch the USDX for any change in direction. ...

Bullish: We are currently @ 1.2188 after a channel wall bounce. We are looking for a continuation to the ATR target@ 1.2323 area and then the 0.618 Fibo @ 1.2352 area. Watch the USDX for any change in direction. The ...

Bearish: We are currently @ 140.44 after a break out of the a-b-c corrective move. We are looking for a continuation to the ATR target@ 39.58 area and then the support @ 139.40 area. Watch the USDX for any change ...

Bearish: We are currently @ 134.47 after putting in a head and shoulders reversal pattern. IF we complete the neckline breakout, we are looking for a continuation to the ATR target@ 133.31 area and then the 0.382 Fibo @ 1131.82 ...

Bearish: We are currently @ 1.7460 in a range. IF we complete this breakout, we are looking for a continuation to the ATR target@ 1.7344 area and then the S6 @ 1.7238 area. Watch the USDX for any change in ...

Bullish: We are currently @ 1.2541 in a range. We are looking for a continuation to the ATR target@ 1.2650 area and then the range top @ 1.2680 area. Watch the USDX for any change in direction. The ATR for ...

Bullish: We are currently @ 86.63 in a channel. We are looking for a continuation to the Day chart top @ 96.93 and the ATR target @ 87.17 area. Watch the USDX for any change in direction. The ATR for ...