Bearish: We are currently @ 1.9447 in a channel. We are looking for a small bounce here and then a continuation of the channel to the ATR Target @ 1.9308 with a further target the 2.618 Fibo @ 1.9255. We have convergence on the hourly. Target up is 1.9639 if it reverses. Watch the USDX for any change in direction. The ATR for the pair currently is 254 pips per day and its 180 day average is 222 pips per day. USDX is currently up.

Bearish: We are currently @ 169.21 in a channel (and 3rd wave). We are looking for a move to the 1.000 Fibo @ 168.28 with a further target the ATR target @ 167.56. We have convergence on the hourly. Target ...

Bearish: We are currently @ 1.1465 in a channel (and possible 3rd wave). We are looking for a move to the 1.618 Fibo @ 1.1397 with a further target the ATR target @ 1.1362. We have convergence on the hourly. ...

Bearish: We are currently @ 1.1531 in a new channel (and possible 3rd wave). We are looking for a move to the square up @ 1.1500 with a further target the ATR target @ 1.1413. We have convergence on the ...

Bearish: We are currently @ 1.1565 attempting a breakout. We are looking for a move to the square up @ 1.1500 with a further target the ATR target @ 1.1430. We have convergence on the hourly. Target up is 1.7000 ...

Bearish: We are currently @ 1.7258 after an expected breakout. We are looking for a move to the ATR target @ 1.7084 with a further target the 2.618 Fibo @ 1.6978. We have convergence on the hourly. Target up is ...

Bearish: We are currently @ 1.9904 at a significant top in a channel. We are looking for a move to the ATR target @ 1.9533 with a further target the 2.618 Fibo @ 1.9274. We have divergence on the hourly. ...

Bullish: We are currently @ 1.1309 in a 3rd wave and a tight Range. We are looking for a move to the ATR target @ 1.1484 with a further target the Day top @ 1.1530. WE have divergence so this ...

Bullish: We are currently @ 1.1310 in a Range. We are looking for a move to the ATR target @ 1.1447 with a further target the 1.618 Fibo @ 1.1505. Watch the USDX for any change in direction. The ATR ...

Bearish: We are currently @ 1.1234 in a channel. We are looking for a move to the ATR target @ 1.1087 with a further target @ the S5 @ 1.1063. Watch the USDX for any change in direction. The ATR ...

Bearish: We are currently @ 9.9937 in a range and in a channel. We are looking for a move to the ATR @ 0.9849 with a further target @ the 1.618 Fibo @ 0.9810. Watch the USDX for any change ...

Bullish: We are currently @ 1.1349 in a 5th wave in a channel. Above 1.1370 look for a move to the ATR @ 1.1465. Watch the USDX for any change in direction. The ATR for the pair currently is 241 ...