GBPUSD Channel Continuation Opportunity

Bearish:Currently we are @ 1.3200 and in a range and a nice channel. IF we can break support here, we are looking for the continuation to the ATR target @ 1.3133 and the overall target is @ 1.2950.FOMC today so watch for a quick move before of this to come after FOMC.The average daily true range (ATR) for the pair currently is 51 pips.


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EURJPY channel up

Bullish:Currently we are @ 0.7103 and in a range. IF we can break resistance here, we are looking for the continuation to ATR target @ 0.7145 and the a possible small continuation to the 0.214 Fibo @ 0.7167 ...

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EURJPY channel up

Bullish:Currently we are @ 126.66 and in a range. IF we can break FIBO resistance here, we are looking for the continuation to range top @ 127.60.The average daily true range (ATR) for the pair currently is 79 ...

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This is what I see in the Forex the week of March 17th , 2019: USDX, EU,UJ,GU,AU

This is what I see in the Forex the week of March 17th , 2019: USDX, EU,UJ,GU,AU http://proacttraders.com/blog #forex #$ #Proacttraders #FX - see link for more images

Note: USDX is in a range.We are currently ...

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EURAUD channel up

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EURUSD channel starting up

Bullish:Currently we are @ 1.1298 and back in the range. IF we can break resistance here, we are looking for the continuation to 0.618 Fibo @ 1.1385.The overall target is 1.1500 area.The average daily true ...

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EURJPY 5th wave next?

Bearish:Currently we are @ 125.32 at the end of a 4<sup>th</sup> corrective wave. IF we can break here, we are looking for the continuation to S3 @ 124.90.The overall target is the S4 @ 123.44 area.The ...

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CADJPY bear flag breakout

Bearish:Currently we are @ 82.69 trying to break out of a bear flag pattern. IF we can break here, we are looking for the continuation to 82.00.The overall target is the 4.236 Fibo @ 81.39 area ...

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This is what I see in the Forex the week of March 10th , 2019: USDX, EU,UJ,GU,AU

Note: USDX is in a range.We are currently bearish after the putting in the top . Watch the reaction @ the 96.54 area for either a continuance or reversal.Be aware that this could change in a heartbeat and will ...

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GBPJPY flag breakout

Bearish:Currently we are @ 146.75 trying to break out of a flag pattern. IF we can break the here, we are looking for the continuation to the 0.618 Fibo @ 145.61.The overall target is the day top ...

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GBPCHF bullish channel

Bullish:Currently we are @ 1.3212 in a range and at the very startof a bull channel. IF we can break the resistance here, we are looking for the continuation to the top @ 1.3334.The overall target is the ...

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USDCHF bullish channel

Bullish:Currently we are @ 1.0010 in a range and a channel. IF we can break the resistance here, we are looking for the continuation to the 0.214 Fibo @ 1.0061.The overall target is the range top @ 1 ...

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Great weekly analysis, very useful and educational.
         
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