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 USDX for any change in direction. The ATR for the pair currently is 203 pips per day and its 180 day average is 178 pips per day. USDX is currently UP at the time of this post.

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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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AUDJPY, Flag pattern says down

Bearish: We are currently @ 91.66 in a range with a bearish Flag Pattern. IF we can break the 91.60 we are looking for a continuation to the ATR target @ 90.48. Watch the USDX for any change in direction. ...

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EURNZD, Can it break

Bullish: We are currently @ 1.6224 in a channel after a sideways move. IF we can break the resistance here, we are looking for a continuation to the ATR target @ 1.6311. and then to the Range Top @ 1.6400 ...

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GBPUSD still working the channel

Bearish: We are currently @ 1.2551 in a channel after a sideways move. We are looking for a continuation to the ATR target @ 1.2489. and then to the S6@ 1.2480. Watch the USDX for any change in direction. The ...

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AUDJPY Continues the channel

Bearish: We are currently @ 91.08 in a channel up but also in a sideways move. We are looking for a continuation to the ATR target @ 90.93. A break down there would set up the move to the 1.270 ...

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USDJPY Decision time

Waiting: We are currently @ 128.20 in a channel up but also in a sideways move. Two scenarios: 1: Bullish: a move to the resistance near 129.50 and possible continuation to the ATR targets @ 129.67. 2: Bearish: A break ...

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USDJPY Break Down

Bearish: We are currently @ 128.12. We are looking for a move to the ATR target @ 126.74 area with a further target just above the 126.00. Watch the USDX for any change in direction. The ATR for the pair ...

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AUDJPY reversing

Bearish: We are currently @ 95.09. We have the first sign of the start of a new channel short. We are looking for a move to the ATR target @ 94.06 area. Watch the USDX for any change in direction. ...

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