GBPJPY Big Opp if it can break support

Bearish: We are currently @ 158.61 in a channel. IF we can break support @158.06, we are looking for a continuation to the ATR target 156.67 and then the S6 target @ 155.73. Watch the USDX for any change in direction. The ATR for the pair currently is 235 pips per day and its 180 day average is 195 pips per day. USDX is currently up at the time of this post.

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USDCHF continues the channel down

Bearish: We are currently @ 0.9650 in a 5th fractal wave in a channel. We are looking for a continuation to the ATR target 0.9557 and then the S4 target @ 0.9527. Watch for a bounce there. Watch the USDX ...

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GBPCHF trying to finish a 5th wave

Bearish: We are currently @ 1.2081 in the possible start of a 5th fractal wave in a channel. We are looking for a continuation to the S5 target 1.2068 and then the ATR target @ 1.2039. Watch for a reaction ...

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AUDUSD trying to finish a 5th wave

Bullish: We are currently @ 0.7005 in the possible start of a 5th fractal wave in a channel. IF we can break the resistance, we are looking for a continuation to the ATR target 0.7066 with the 5th wave target ...

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NZDUSD Poised to continue the channel

Bullish: We are currently @ 0.6357 in a flag pattern in a channel. IF we can break the Flag resistance, we are looking for a continuation to the ATR target 0.6450. Watch for the bounce there. Watch the USDX for ...

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AUDNZD Trying to breakdown

Bearish: We are currently @ 1.1045 in a range. IF we can break the slope support, we are looking for a continuation to the ATR target 1.0974 with a further target @ 1.0952. Watch for the bounce there. Watch the ...

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GBPUSD Trying to start the move up

Bullish: We are currently @ 1.2250 just out of a falling wedge. IF we can break the R2 here, we are looking for a continuation to the ATR target 1.2398 with a further target @ 1.2416. Watch for the reversal ...

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GBPAUD Trying to finish a 5th wave

Bullish: We are currently @ 1.7773 in a Trend. IF we can break the R6 here, we are looking for a continuation to the ATR target 1.7875 with a further target @ 1.7900. Watch for the reversal there. Watch the ...

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GBPCHF, waiting on a break out

Bearish: We are currently @ 1.2225 in a range. IF we can break the Fib here, we are looking for a continuation to the ATR target 1.2142 with day chart bottom @ 1.2119 as a further target. Watch the USDX ...

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GBPUSD, Channel looks to continue

Bearish: We are currently @ 1.2328 in a channel. We are looking for a continuation to the ATR target 1.2183. Watch the USDX for any change in direction. The ATR for the pair currently is 151 pips per day and ...

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AUDUSD, Day chart bounce in a range

Bullish: We are currently @ 0.7023 in a range. We bounced and are looking for a continuation to the 0.7150 and then the ATR target @ 0.7178. Watch the USDX for any change in direction. The ATR for the pair ...

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EURPY, working a channel up

Bullish: We are currently @ 137.31 in a range. This looks like a big a-b-c after the 5 fractals down. We are looking for a continuation to the ATR target @ 138.36 and then decision time. Watch the USDX for ...

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