Bearish: We are currently @ 1.2559 in the channel. IF we can break the support here, we are looking for a continuation to the 0.618 Fibo @ 1.2522 with the overall target the ATR target @ 1.2482. Watch the USDX for direction. The average daily true range (ATR) for the pair is 92 pips per day and it’s 180 day average is 132 pips per day. USDX is currently moving up.

Note: unemployment claims was negative

Bearish: We are currently @ 139.42 in the channel. IF we can break the triangle here, we are looking for a continuation to the 1.000 Fibo/ATR target @ 138.78 with the overall target the 1.270 ...

Note: BOC Rate Statement Today

Bullish: We are currently @ 2.0529 in the channel. IF we can break resistance here, we are looking for a continuation to the 1.618 Fibo/ATR target @ 2.0603 with the overall target the day top ...

Note: Gov Lowe speaks this PM

Bearish: We are currently @ 1.7611 in the channel. With the support break, we are looking for a continuation to the 1.000 Fibo/ATR target @ 1.7500 with the overall target the 2.618 Fibo @ ...

Note: ISM Services PMI is this AM

Bearish: We are currently @ 1.6201 in a flag pattern (bearish) in the channel. IF we can break the flag, we are looking for a continuation to the 2.270 Fibo @ 1.6144 with ...

Note: ISM Manufacturing PMI is this AM

Bearish: We are currently @ 149.10 back in the channel. We are looking for a continuation to the 1.618 Fibo @ 148.46 with the overall target the ATR target @ 147.82. Watch the ...

Note: JOLTS is this AM

Bullish: We are currently @ 1.6495 just out of the flag pattern. We are looking for a continuation to the 1.000 Fibo @ 1.6533 with the overall target the ATR target @ 1.6579. Watch the ...

Note: CB Consumer Confidence is this AM

Bearish: We are currently @ 150.08 after putting in a top. IF we can break support here, we are looking for a continuation to the 1.000 Fibo/ATR target @ 149.20-30. Watch the USDX ...

Bullish: We are currently @ 1.7281 and after a double bottom. IF we can break resistance here, we are looking for a continuation to the ATR target @ 1.7377. Watch the USDX for direction. The average daily true range (ATR) ...

Bullish: We are currently @ 172.39 and back in the channel. IF we can break resistance here, we are looking for a continuation to the ATR target @ 173.23. Watch the USDX for direction. The average daily true range (ATR) ...

Note: Unemployment claims was positive

Bearish: We are currently @ 1.6275 in the start of a channel. IF we can break support here, we are looking for a continuation to the ATR target @ 1..6142 with a further target the ...

Bullish: We are currently @ 170.76 in a channel and trying to continue the 5th wave. We are looking for a continuation to the ATR target @ 171.90 with a further target the 1.000 Fibo @ 172.19 area. Watch the ...