Bearish: We are currently @ 1.7661, in the start of a possible channel to the downside. If we can get a small pullback, we are looking for a continuation to the ATR target @ 1.7594 with the further target the 0.382 Fibo @ 1.7581 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 125 pips per day and it’s 90 day average is 134 pips per day. USDX is up – if it flips this will be a pullback.

Note: Unemployment claims and CPI were positive

Bearish: We are currently @ 1.2730 in a range. If we can get a small pullback, we are looking for a continuation to the ATR target @ 1.2694 with the further target the ...

Bullish: We are currently @ 0.6699 in a channel in a range. If we can break here, we are looking for a continuation to the ATR target @ 0.6650 with the further target the 1.618 Fibo @ 0.6620 area. Watch ...

Bearish: We are currently @ 1.2723 in a range. If we can break here, we are looking for a continuation to the 1.000 Fibo/ATR target @ 1.2670 with the further target the 1.270 Fibo @ 1.2644 area. Watch the USDX ...

Bullish: We are currently @ 1.9014 in a nice channel and a possible 5th wave. If we can break here, we are looking for a continuation to the 1.000 Fibo @ 1.9070 with the further target the 1.270 Fibo @ ...

Bullish: We are currently @ 1.8888 in a nice channel and a possible 5th wave. If we can break here, we are looking for a continuation to the ATR target @ 1.8973 with the further target the 0.618 Fibo @ ...

Note: First post this new year

Bearish: We are currently @ 1.2641 after topping out in a range. If we can break here, we are looking for a continuation to the ATR target @ 1.2534 with the further target the ...

Note: Last post this year for me

Bearish: We are currently @ 180.44 in a sideways move (bearish), in a range. If we can break here, we are looking for a continuation to the ATR target @ 179.00 with the ...

Note: CB Consumer Confidence today

Bearish: We are currently @ 157.14 bouncing in a channel, in a range. If we can break 157.00, we are looking for a continuation to the ATR target @ 1156.23 with the further target the ...

Bullish: We are currently @ 1.8901 bouncing off the bottom, in a range. If we can break 1.8900, we are looking for a continuation to the ATR target @ 1.9022 with the further target the 0.500 Fibo @ 1.9055 area. ...

Bullish: We are currently @ 95.11 in a pennant, in a range. IF we can breakout we are looking for a continuation to the ATR target @ 95.77with the further target the 1.270 Fibo @ 96.00 area. Watch the USDX ...

Bullish: We are currently @ 1.2582 after breaking slope resistance in a range. We are looking for a continuation to the ATR target @ 1.2628 with the further target the 0.382 Fibo @ 1.2639-55 area. Watch the USDX for direction. ...