CHF/JPY–Can it break the triangle

Bearish: Currently we are at 167.85 in a symmetrical triangle in a range. IF we can break the Triangle, we are looking to continue to the ATR target @ 167.12 with a further 2.618 Fibo target @ 166.54 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 92 pips per day and it’s 90 day average is 121 pips per day. USDX may have finished it’s up move.

Read More
Comments

USD/JPY–Sym Triangle break next

Note: Pending Home Sales this AM

Bearish: Currently we are at 151.34 in a symmetrical triangle in a range. IF we can break the Triangle, we are looking to continue to the ATR target @ 150.50 with a further 1.270 ...

Read More
Comments

GBP/USD–back in the channel

Bearish: Currently we are at 1.2618 in a channel in a range. We are looking to continue to the ATR target @ 1.2560 with a further 1.618 Fibo target @ 1.2542 area. Watch the USDX for direction. The average daily ...

Read More
Comments

GBP/AUD–Out of the pennant

Note: CB Consumer Confidence this AM

Bearish: Currently we are at 1.9312 out o the pennant in a range. We are looking to continue to the ATR target @ 1.9219 with a further 1.618 Fibo target @ 1.9182 area. Watch ...

Read More
Comments

GBP/NZD –Set a new top

Bullish: currently we are at 2.1045 in a channel. We are looking to break slope resistance and continue to the ATR target @ 2.1100 with a further 1.618 Fibo target @ 2.1116 area. Watch the USDX for direction. The average ...

Read More
Comments

EUR/JPY – double top in place

Bearish: Yesterday we looked for the bounce up and we got it. Today we are looking to start the journey down. We are currently @ 165.00 after putting in a double top with divergence in play. We are looking to ...

Read More
Comments

EUR/JPY – bounce opportunity

Note: FOMC today

Bullish: We are currently @ 164.45 in a channel after breaking out of the range. We are looking to bounce and continue the channel to the ATR target @ 165.18 with a further 1.618 Fibo target @ ...

Read More
Comments

GBP/USD – Continues a third wave

Bearish: We are currently @ 1.2735 in a channel in a range. We are continuing a third wave and looking to continue the channel to the ATR target @ 1.2680 with a further S4 target @ 1.2663 area. Watch the ...

Read More
Comments

GBP/USD – Starts a third wave

Bearish: We are currently @ 1.2794 in a channel in a range. We are starting a third wave and looking to continue the channel to the ATR target @ 1.2750 with a further 0.618 Fibo target @ 1.2719 area. Watch ...

Read More
Comments

GBP/JPY – Third wave underway

Bullish: We are currently @ 189.37 in a channel in a range. We are looking to continue the channel to the ATR target @ 1190.12. There is a further 0.214 Fibo target @ 190.52 area. Watch the USDX for direction. ...

Read More
Comments

EUR/AUD – take a ride down

Bearish: We are currently @ 1.6504 in a channel in a range. We are looking to continue the channel to the ATR target @ 1.6428. There is a further S5 target @ 1.6366 area. Watch the USDX for direction. The ...

Read More
Comments

EUR/JPY – poised to finish the range

Bearish: We are currently @ 160.56 in a channel in a range. We are looking to continue the channel to the ATR target @ 159.80. There is a further day chart target @ 159.63 area. Watch the USDX for direction. ...

Read More
Comments

Reviews Average Rating          

         
I feel I picked the right trading company.
         
See All Reviews →