Note: ADP this AM- FOMC this PM
Bearish: We are currently @ 169.41 in a channel. We are looking for a continuation to the 1.000 Fibo @ 168.80 with a further target the S5/ATR target @ 1168.59 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 161 pips per day and it’s 180 day average is 188 pips per day. USDX is currently moving down.
Note: JOLTS this AM
Bearish: We are currently @ 1.1198 in a range and looking for a breakout of slope support. We are in the start of a channel, and we are looking for a continuation to the 1.000 Fibo ...
Note: Advance GDP this AM
Bearish: We are currently @ 1.2440 in a range and a breakout of slope support. IF we can break this support, we are looking for a continuation to the ATR target @ 1.2384 with a ...
Note: CB Consumer confidence this AM
Bearish: We are currently @ 124.01 in a range and a breakout of slope support. IF we can break this range bottom, we are looking for a continuation to the ATR target @ 133.07 ...
Bearish: We are currently @ 89.91 in a range and a channel. IF we can break this resistance, we are looking for a continuation to the ATR target @ 90.57 with a further target the 0.214 Fibo @ 90.93 area. ...
Note: Unemployment claims was negative
Bearish: We are currently @ 1.2442 in a range and a triangle. IF we can break this support, we are looking for a continuation to the ATR target @ 1.2348 with a further target the ...
Bearish: We are currently @ 1.7635 in a range. IF we can break this support, we are looking for a continuation to the ATR target @ 1.7513 with a further target the range bottom @ 1.7450 area. Watch the USDX ...
Bearish: We are currently @ 1.8457 in a range and a channel. IF we can break this support, we are looking for a continuation to the ATR target @ 1.8310 with a further target the 1.000 Fibo @ 1.8270. Watch ...
Bearish: We are currently @ 1.6365 in a range and the top looks like it is in. IF we can break this support, we are looking for a continuation to the ATR target @ 1.5239 with a further target the ...
Bearish: We are currently @ 132.94 in a range and the top looks like it is in. IF we can break this support, we are looking for a continuation to the 1.000 Fibo @ 132.12 with a further target the ...
Note: FOMC minutes later today
Bearish: We are currently @ 145.84 in a range in a breakout. We are looking for a continuation to the 0.618 Fibo @ 144.97 with a further target the ATR target @ 144.34. We have ...
Bearish: We are currently @ 165.48 in a range in a breakout. We are looking for a continuation to the 0.500 Fibo @ 164.60 with a further target the ATR target @ 163.63. We have convergence in play for the ...
