EURUSD continues the channel

Bullish: We are currently @ 1.1051 in a channel. We are looking for an initial move to the Day chart top@ 1.1151 area and then ATR target@1.1161. 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 101 pips per day. USDX is currently trying to go down at the time of this post.

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GBPUSD Cup and Handle in play

Bullish: USDX is currently trying to go down at the time of this post. We are currently @ 1.3090 in a channel. We also have a possible cup and handle pattern which is bullish. We are looking for an initial ...

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EURNZD Channel Breakout headed down

Bearish: USDX is currently trying to go down at the time of this post. We are currently @ 1.6221 after a break of the channel. We are looking for an initial move to the ATR target@ 1.6016 area and then ...

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GBPJPY out of an Expanding wedge heading north

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EURJPY poised to continue the channel

Bullish: USDX is currently down at the time of this post. We are currently @ 128.63 in a channel. We are looking for an initial move to the ATR target@ 129.93 area and then the day R6 @ 130.50. Watch ...

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GBPAUD correction done, let’s go

Bearish: USDX is currently down at the time of this post. We are currently @ 1.7926. We are looking for an initial move to the ATR target@ 1.7837 area and then the day chart bottom @ 1.7769. Watch the USDX ...

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GBPUSD trying to complete the channel

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AUDJPY trying to move to the day chart top

Bullish: USDX is currently cautiously bearish at the time of this post. We are currently @ 84.67. We are looking for an initial move to the ATR target @ 85.28 area and then the day chart top @ 85.48. Watch ...

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GBPCHF trying to pullback for the day chart bottom

Bearish: USDX is currently bullish at the time of this post. We are currently @ 1.2266. We are looking for an initial move to the ATR target @ 1.2318 area and then a turn for the downside run to the ...

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GBPUSD trying to establish the down trend -

Bearish: USDX is currently bullish at the time of this post. We are currently @ 1.3400 in the top of a channel. We are looking for an initial move to the ATR target @ 1.3328 area. The further target is ...

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EURJPY trying to start a 5th wave

Bearish: USDX is currently bearish at the time of this post. We are currently @ 129.32 in a channel. We are looking for an initial move to the Day chart bottom/ATR target @ 127.48 area. Watch the USDX for any ...

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GBPJPY big bounce to move north

Bullish: USDX is currently bearish at the time of this post. We are currently @ 156.05 in a range. We are looking for an initial move to the Square up/ATR target @ 157.20 area. Watch the USDX for any change ...

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