Bullish: We are currently @ 163.39 in a channel in a range. Above 163.70, we are looking for a continuation to the ATR target @ 164.89-165.00 area. Watch the USDX for any change in direction. The ATR for the pair currently is 199 pips per day and its 180 day average is 199 pips per day. USDX is currently threatening down at the time of this post.#GBPJPY

Bearish: We are currently @ 0.6686 in a range. We have the start of divergence and a slope support breakout. Below 0.6680, we are looking for a continuation to the ATR target @ 0.6615. Watch the USDX for any change ...

Bullish: We are currently @ 0.9590 in a channel. We have divergence so most likely one more upside move. We are looking for a continuation to the ATR target @ 0.9657. If divergence is still in play look for the ...

Bullish: We are currently @ 1.9421 in a channel. We have convergence for the upside move. We are looking for a continuation to the ATR target @ 1.9522 with a further target the day chart top @ 1.9684. Watch the ...

Bullish: We are currently @ 93.12 just out of a channel. We have divergence for the upside move. We are looking for a continuation to the ATR target @ 94.25 with a further target the R4 @ 94.63. Watch the ...

Bearish: We are currently @ 1.9355 just out of a channel. We have convergence to the downside. Two scenarios: Bullish: the move finished a 4th wave, and we now do a 5th wave up to the R5 @ 1.9445. 2: ...

Bearish: We are currently @ 1.7272 in a range after the slope support breakout. We have convergence to the downside. We are looking for a continuation to the Day Support/ATR target @ 1.7176area and then the S5/range bottom @ 0.9500 ...

Bearish: We are currently @ 0.9638 in a channel in a range. We have convergence to the downside. We are looking for a continuation to the ATR target @ 0.9540 area and then the S5/range bottom @ 0.9500 area. Watch ...

Bearish: We are currently @ 0.9713 in a channel in a range. We have convergence to the downside. We are looking for a continuation to the ATR target @ 0.9631 area and then the 0.786 Fibo support @ 0.9579. Watch ...

Bearish: We are currently @ 1.4777 in a channel in a range. We have convergence to the downside. We are looking for a continuation to the ATR target @ 1.4675 area and then the support @ 1.4560. Watch the USDX ...

Bullish: We are currently @ 94.83 in a channel in a range. We have convergence to the upside. We are looking for a continuation to the ATR target @ 95.41 area and then the R5 @ 95.73. Watch the USDX ...

Bullish: We are currently @ 0.6674 out of a channel in a range. We have convergence to the upside. IF we can break this resistance (former day chart bottom), we are looking for a continuation to the ATR target @ ...