AUDUSD Falling Wedge opportunity

Bullish: We are currently @ 0.7366. We have the first sign of a breakout up out of the Falling wedge. We are looking for a move to the ATR target @ 0.7481 area. Watch the USDX for any change in direction. The ATR for the pair currently is 68 pips per day and its 180 day average is 68 pips per day. USDX is currently Trying to go DOWN at the time of this post.

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GBPUSD breakout opportunity

Bullish: We are currently @ 1.3042. We have the first sign of a breakout up. IF we can break the 1.3080 resistance, we are looking for a move to the ATR target @ 1.3145-3150 area. Watch the USDX for any ...

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GBPJPY trying to break down

Bearish: We are currently @ 164.46 at the top of the range. We have divergence for the short. IF we can break the 164.29 support, we are looking for an initial move to the former day chart top @ 163.74 ...

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GBPCHF Poised to start up

Bullish: We are currently @ 1.2148 after a bounce on the bottom of the range. We are looking for an initial move to the ATR target @ 1.2207 area and then the 0.618 Fibo @ 1.2218. Watch the USDX for ...

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GBPUSD bouncing off the range

Bullish: We are currently @ 1.3025 in a range with multiple attempts to break the bottom. We have a falling wedge which is bullish so we are looking for an initial move to the ATR target @ 1.3112 area and ...

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GBPCHF continuing the channel

Bearish: We are currently @ 1.2163 in a channel after making the turn. We are looking for an initial move to the Day chart support @ 1.2119 area and then the ATR Target @ 1.2064. Watch the USDX for any ...

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EURNZD continuing the channel

Bullish: We are currently @ 1.5826 in a channel. We are looking for an initial move to the ATR target @ 1.5902 area and then the 0.214 Fibo @ 1.5975. Watch the USDX for any change in direction. The ATR ...

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EURJPY Trend Breakout

Bullish: We are currently @ 135.34 in a channel after the trend breakout. We are looking for an initial move to the ATR target @ 136.30 area and then the 0.214 Fibo @ 136.84. Watch the USDX for any change ...

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USDJPY trying to go to the top

Bullish: We are currently @ 122.99 in a channel after consolidation. We are looking for an initial move to the ATR target @ 124.15 area and then the R7 @ 124.52. Watch the USDX for any change in direction. The ...

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GBPUSD poised to continue the channel

Bearish: We are currently @ 1.3114 in a channel after an a-b-c correction. We are looking for an initial move to the ATR target @ 1.3003 area and then the S5 @ 1.2923. Watch the USDX for any change in ...

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EURGBP breaks out in a reversal

Bearish: We are currently @ 0.8457 after topping out and then breaking out. We are looking for an initial move to the ATR target @ 0.8406 area and then the 0.500 Fibo @ 0.8381. Watch the USDX for any change ...

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#GBPJPY continues the new channel -

Bearish: We are currently @ 161.48 in a channel and possibly a trend. We are looking for an initial move to the ATR target @ 160.32 area and then the support @ 159.87. Watch the USDX for any change in ...

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