EURJPY 2 routes

Waiting: Currently we are @ 117.87 in a possible 5th wave but also at the top of a range. Two scenarios: Bullish: a move to the R5 to complete the wave @ 119.10 area 2: Bearish: A break down here would set up a move first to the channel bottom @ 116.97 and then to the square up @ 116.10 The average daily true range (ATR) for the pair currently is 95 pips.


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GBPAUD continuation

Bearish: Currently we are @ 1.8567 in a 5th wave. We are looking for an initial move to the ATR Target @ 1.8398 and then a continuation to the Day chart bottom @ 1.8337. The average daily true range (ATR) ...

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GBPJPY

Waiting: Currently we are @ 131.95. Two scenarios: Bullish: a move to the range top @ 133.19 area). This means the current structure is a bull flag – watch for the MACD to turn up 2: Bearish: A break down ...

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GBPJPY channel

Bullish to Bearish: Currently we are @ 131.90 in a channel. We are looking for a continuation to the ATR target @ 132.43 and then to the range top @ 131.35. Watch for the selloff there. The average daily true ...

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USDCHF channel opportunity?

Bearish: Currently we are @ 0.9707 in the initial start of a channel. We are looking for a continuation to the ATR target @ 0.9663 and then to the support @ 0.9600. The average daily true range (ATR) for the ...

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EURAUD continuation

Bullish to Bearish: Currently we are @ 1.6812 in a channel. We are looking for a continuation to the ATR target @ 1.6855 and then reverse. We have divergence in play so this should be the last move up. The ...

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GBPAUD continuation

Bearish: Currently we are @ 1.8908 in a trend. We are looking for a continuation to the ATR target @ 1.8759 and then continue to the S6 of the Trend @ 1.8713 area. We anticipate that will complete the trend ...

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GBPCHF continuation

BEARISH: Currently we are at 1.2044 in a channel in a range. We are looking to continue to the ATR target @ 1.1948. The Average Daily True Range (ATR) for the pair currently is 71 pips. WATCH THE USDX for ...

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USDCAD continuation

Bullish: Currently we are at 1.4107 in a channel in a range. We are looking to continue to the ATR target @ 1.4173 and then to the 1.270 Fibo @ 1.4272. Look for a reaction there. The Average Daily True ...

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GBPUSD continuation

Bullish: Currently we are at 1.2463 almost back in a channel in a range. We are looking to continue to the ATR target @ 1.2570 and then to the range top @ 1.2650. Look for a reaction there. The Average ...

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AUDUSD continuation

Bearish: Currently we are at 0.6413 in a channel in a range after a Trend breakout. We are looking for a move down to the ATR target @ 0.6128 and then the 0.382 Fibo @ 0.6238. Look for the bounce ...

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GBPUSD continuation

Bullish to Bearish: Currently we are at 1.2514 in a big channel in a range. If we can break this resistance, we are looking for a move up to the ATR target @ 1.2578 and then the R5 Top @ ...

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