Bearish: We are currently @ 1.1030 in a channel and a range. We are looking for a continuation to the ATR target @ 1.0972 area with a bigger target the range bottom @ 1.0950 area. Watch the USDX for any change in direction. The ATR for the pair currently is 65 pips per day and its 180 day average is 64 pips per day. USDX is currently threatening up at the time of this post.

Bearish: We are currently @ 136.57 in a channel and Day chart trend. We are looking for a continuation to the ATR target @ 135.32 area with a bigger target the S5 @ 135.22 area. Watch the USDX for any ...

Bullish: We are currently @ 94.11 in a channel. We are looking for a continuation to the ATR target @ 95.40 area with a top just above there @ 95.70 area. Watch the USDX for any change in direction. The ...

Bearish: We are currently @ 0.9528 in a channel. We are looking for a continuation to the ATR target @ 0.9478 area. Watch the USDX for any change in direction. The ATR for the pair currently is 84 pips per ...

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 ...

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 ...