GBPCHF Flag Pattern Says Down

Bearish: We are currently @ 1.2287 in a range and a flag pattern that is bearish. We are looking for an initial move to the ATR target @ 1.2190 area and then the 1.2150. Watch the USDX for any change in direction. The ATR for the pair currently is 100 pips per day and its 180 day average is 94 pips per day. USDX is currently trying to go up at the time of this post.

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NZDUSD poised to start down

Bearish: We are currently @ 0.6952 in a channel but with 5 waves completed. We are looking for an initial move to the ATR target @ 0.6891 area and then the 0.382 Fibo @ 0.6880. Watch the USDX for any ...

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USDCHF trying to continue the channel

Bearish: We are currently @ 0.9323 in a channel. We are looking for an initial move to the ATR target @ 0.9273 area and then the 0.382 Fibo @ 0.9254. Watch the USDX for any change in direction. The ATR ...

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AUDUSD establishing a new channel

Bearish: We are currently @ 0.7394 in a new channel. We are looking for an initial move to the ATR target @ 0.7318 area and then the 0.500 Fibo @ 0.7295. Watch the USDX for any change in direction. The ...

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EURUSD continues the channel

Bullish: We are currently @ 1.1051 in a channel. We are looking for an initial move to the Day chart top@ 1.1151 area and then ATR target@1.1161. Watch the USDX for any change in direction. The ATR for the pair ...

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GBPUSD Cup and Handle in play

Bullish: USDX is currently trying to go down at the time of this post. We are currently @ 1.3090 in a channel. We also have a possible cup and handle pattern which is bullish. We are looking for an initial ...

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EURNZD Channel Breakout headed down

Bearish: USDX is currently trying to go down at the time of this post. We are currently @ 1.6221 after a break of the channel. We are looking for an initial move to the ATR target@ 1.6016 area and then ...

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GBPJPY out of an Expanding wedge heading north

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EURJPY poised to continue the channel

Bullish: USDX is currently down at the time of this post. We are currently @ 128.63 in a channel. We are looking for an initial move to the ATR target@ 129.93 area and then the day R6 @ 130.50. Watch ...

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GBPAUD correction done, let’s go

Bearish: USDX is currently down at the time of this post. We are currently @ 1.7926. We are looking for an initial move to the ATR target@ 1.7837 area and then the day chart bottom @ 1.7769. Watch the USDX ...

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GBPUSD trying to complete the channel

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AUDJPY trying to move to the day chart top

Bullish: USDX is currently cautiously bearish at the time of this post. We are currently @ 84.67. We are looking for an initial move to the ATR target @ 85.28 area and then the day chart top @ 85.48. Watch ...

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