Bearish: We are currently @ 0.7519 in a rising wedge at the top of a day chart trend. We are looking for an initial move to the ATR target @ 0.7435 area and then the 0.382 Fibo @ 0.7391. Watch the USDX for any change in direction. The ATR for the pair currently is 79 pips per day and its 180 day average is 70 pips per day. USDX is currently trying to go up at the time of this post.
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#AUDUSD
Bearish: We are currently @ 1.2287 in a range and a flag pattern that is bearish. We are looking for an initial move to the ATR target @ 1.2190 area and then the 1.2150. Watch the USDX for any change ...
Bearish: We are currently @ 0.6952 in a channel but with 5 waves completed. We are looking for an initial move to the ATR target @ 0.6891 area and then the 0.382 Fibo @ 0.6880. Watch the USDX for any ...
Bearish: We are currently @ 0.9323 in a channel. We are looking for an initial move to the ATR target @ 0.9273 area and then the 0.382 Fibo @ 0.9254. Watch the USDX for any change in direction. The ATR ...
Bearish: We are currently @ 0.7394 in a new channel. We are looking for an initial move to the ATR target @ 0.7318 area and then the 0.500 Fibo @ 0.7295. Watch the USDX for any change in direction. The ...
Bullish: We are currently @ 1.1051 in a channel. We are looking for an initial move to the Day chart top@ 1.1151 area and then ATR target@1.1161. Watch the USDX for any change in direction. The ATR for the pair ...
Bullish: USDX is currently trying to go down at the time of this post. We are currently @ 1.3090 in a channel. We also have a possible cup and handle pattern which is bullish. We are looking for an initial ...
Bearish: USDX is currently trying to go down at the time of this post. We are currently @ 1.6221 after a break of the channel. We are looking for an initial move to the ATR target@ 1.6016 area and then ...
Bullish: USDX is currently down at the time of this post. We are currently @ 128.63 in a channel. We are looking for an initial move to the ATR target@ 129.93 area and then the day R6 @ 130.50. Watch ...
Bearish: USDX is currently down at the time of this post. We are currently @ 1.7926. We are looking for an initial move to the ATR target@ 1.7837 area and then the day chart bottom @ 1.7769. Watch the USDX ...
