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 @ 0.6708 area. Watch the USDX for any change in direction. The ATR for the pair currently is 77 pips per day and its 180 day average is 75 pips per day. USDX is currently trying to bounce at the time of this post.

#AUDCHF

Bearish: We are currently @ 0.6618 in a channel in a range. We have convergence to the downside. IF we can break this support, we are looking for a continuation to the ATR target @ 0.6542 area and then the ...

Bearish: We are currently @ 1.7596 in a channel. We have convergence to the downside. We are looking for a continuation to the ATR target @ 1.7439 area and then the 0.786 Fibo @ 1.7400-20 area. Watch the USDX for ...

Bullish: We are currently @ 0.6633 after finishing a handle which is bullish. We have convergence to the upside. We are looking for a continuation to the ATR target @ 0.6691 area and then the R4 @ 0.6747 area. Watch ...

Bullish: We are currently @ 1.4931. We have convergence to the upside. We are looking for a continuation to the ATR target @ 1.5004 area and then the R4 @ 1.5042 area. Watch the USDX for any change in direction. ...

Bearish: We are currently @ 1.8885 in a channel. We have convergence to the downside. We broke the support, so we are looking for a continuation to the ATR target @ 1.1800 area and then the 1.270 Fibo @ 1.1731 ...

Bearish: We are currently @ 141.58 in a channel. We have convergence to the downside. IF we can break this support, we are looking for a continuation to the ATR target @ 140.77 area and then the S5 @ 140.47 ...

Bearish: We are currently @ 1.2158 in a channel and after breaking a significant support. We have convergence to the downside. We are looking for a continuation to the S4@ 1.2100 area and then the ATR target @ 1.2028 area. ...

Bearish: We are currently @ 85.43 after putting in a large a-b-c pattern. We have convergence to the downside. IF, we can break the slope support, we are looking for a continuation to the S4@ 84.24 area and then the ...

Bearish: We are currently @ 165.99 after putting in a second corrective wave. We have convergence to the downside. We are looking for a continuation to the ATR target@ 163.45 area and then the S6@ 161.86 area. Watch the USDX ...

Bearish: We are currently @ 135.44 after putting in what appears to be a top. We have convergence to the downside. We are looking for a continuation to the ATR target@ 134.53 area and then the S4 @ 134.39 area. ...

Bearish: We are currently @ 135.44 after putting in what appears to be a top. We have convergence to the downside. We are looking for a continuation to the ATR target@ 134.53 area and then the S4 @ 134.39 area. ...