USDCHF short opportunity

Bearish: We are currently @ 0.9713 in a channel in a range. We have convergence to the downside. We are looking for a continuation to the ATR target @ 0.9631 area and then the 0.786 Fibo support @ 0.9579. Watch the USDX for any change in direction. The ATR for the pair currently is 84 pips per day and its 180 day average is 82 pips per day. USDX is currently threatening down at the time of this post.

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EURAUD support break opportunity

Bearish: We are currently @ 1.4777 in a channel in a range. We have convergence to the downside. We are looking for a continuation to the ATR target @ 1.4675 area and then the support @ 1.4560. Watch the USDX ...

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AUDJPY a little more to the top

Bullish: We are currently @ 94.83 in a channel in a range. We have convergence to the upside. We are looking for a continuation to the ATR target @ 95.41 area and then the R5 @ 95.73. Watch the USDX ...

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AUDCHF channel break

Bullish: We are currently @ 0.6674 out of a channel in a range. We have convergence to the upside. IF we can break this resistance (former day chart bottom), we are looking for a continuation to the ATR target @ ...

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AUDCHF Support break

Bearish: We are currently @ 0.6618 in a channel in a range. We have convergence to the downside. IF we can break this support, we are looking for a continuation to the ATR target @ 0.6542 area and then the ...

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GBPAUD Channel in a range

Bearish: We are currently @ 1.7596 in a channel. We have convergence to the downside. We are looking for a continuation to the ATR target @ 1.7439 area and then the 0.786 Fibo @ 1.7400-20 area. Watch the USDX for ...

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AUDCHF Cup and Handle

Bullish: We are currently @ 0.6633 after finishing a handle which is bullish. We have convergence to the upside. We are looking for a continuation to the ATR target @ 0.6691 area and then the R4 @ 0.6747 area. Watch ...

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EURAUD Double bottom in place for the go

Bullish: We are currently @ 1.4931. We have convergence to the upside. We are looking for a continuation to the ATR target @ 1.5004 area and then the R4 @ 1.5042 area. Watch the USDX for any change in direction. ...

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GBPUSD support broken-let’s go

Bearish: We are currently @ 1.8885 in a channel. We have convergence to the downside. We broke the support, so we are looking for a continuation to the ATR target @ 1.1800 area and then the 1.270 Fibo @ 1.1731 ...

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EURJPY can it break the barrier

Bearish: We are currently @ 141.58 in a channel. We have convergence to the downside. IF we can break this support, we are looking for a continuation to the ATR target @ 140.77 area and then the S5 @ 140.47 ...

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GBPUSD breaks a big barrier

Bearish: We are currently @ 1.2158 in a channel and after breaking a significant support. We have convergence to the downside. We are looking for a continuation to the S4@ 1.2100 area and then the ATR target @ 1.2028 area. ...

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NZDJPY poised to continue the channel

Bearish: We are currently @ 85.43 after putting in a large a-b-c pattern. We have convergence to the downside. IF, we can break the slope support, we are looking for a continuation to the S4@ 84.24 area and then the ...

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