GBP/CHF –All set to fall

Note: JOLTS this AM

Bearish: We are currently @ 1.1198 in a range and looking for a breakout of slope support. We are in the start of a channel, and we are looking for a continuation to the 1.000 Fibo @ 1.1149 with a further target the ATR target @ 1.1125 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 69 pips per day and it’s 180 day average is 82 pips per day. USDX is currently moving up but at a range top-watch for it to short.

Read More
Comments

GBP/USD –Can it start the short

Note: Advance GDP this AM

Bearish: We are currently @ 1.2440 in a range and a breakout of slope support. IF we can break this support, we are looking for a continuation to the ATR target @ 1.2384 with a ...

Read More
Comments

USD/JPY –Range breakout

Note: CB Consumer confidence this AM

Bearish: We are currently @ 124.01 in a range and a breakout of slope support. IF we can break this range bottom, we are looking for a continuation to the ATR target @ 133.07 ...

Read More
Comments

AUD/JPY –will the channel continue

Bearish: We are currently @ 89.91 in a range and a channel. IF we can break this resistance, we are looking for a continuation to the ATR target @ 90.57 with a further target the 0.214 Fibo @ 90.93 area. ...

Read More
Comments

GBP/USD –Triangle opportunity down

Note: Unemployment claims was negative

Bearish: We are currently @ 1.2442 in a range and a triangle. IF we can break this support, we are looking for a continuation to the ATR target @ 1.2348 with a further target the ...

Read More
Comments

EUR/NZD –Range opportunity down

Bearish: We are currently @ 1.7635 in a range. IF we can break this support, we are looking for a continuation to the ATR target @ 1.7513 with a further target the range bottom @ 1.7450 area. Watch the USDX ...

Read More
Comments

GBP/AUD –trying a 3rd wave

Bearish: We are currently @ 1.8457 in a range and a channel. IF we can break this support, we are looking for a continuation to the ATR target @ 1.8310 with a further target the 1.000 Fibo @ 1.8270. Watch ...

Read More
Comments

EUR/AUD – Will it break

Bearish: We are currently @ 1.6365 in a range and the top looks like it is in. IF we can break this support, we are looking for a continuation to the ATR target @ 1.5239 with a further target the ...

Read More
Comments

USD/JPY – Makes the turn

Bearish: We are currently @ 132.94 in a range and the top looks like it is in. IF we can break this support, we are looking for a continuation to the 1.000 Fibo @ 132.12 with a further target the ...

Read More
Comments

EUR/JPY – topping out

Note: FOMC minutes later today

Bearish: We are currently @ 145.84 in a range in a breakout. We are looking for a continuation to the 0.618 Fibo @ 144.97 with a further target the ATR target @ 144.34. We have ...

Read More
Comments

GBP/JPY – Breakout should continue

Bearish: We are currently @ 165.48 in a range in a breakout. We are looking for a continuation to the 0.500 Fibo @ 164.60 with a further target the ATR target @ 163.63. We have convergence in play for the ...

Read More
Comments

GBP/USD – Channel continuation

Bearish: We are currently @ 1.2373 in a channel. We are looking for a short pullback and then a continuation to the ATR target @ 1.2323 with a further target at the S4 @ 1.2292. We have convergence in play ...

Read More
Comments

Reviews Average Rating          

         
I feel I picked the right trading company.
         
See All Reviews →