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 for the move. Watch the USDX for direction. The average daily true range (ATR) for the pair is 95 pips per day and it’s 180 day average is 116 pips per day. USDX is currently moving UP.

Bearish: We are currently @ 1.2463 in a wedge pattern. If we can break slope support here, we are looking for a continuation to the 1.000 Fibo @ 1.2394 with a further target at the ATR Target @ 1.2362. We ...

Note: ISM Services PMI this AM

Bearish: We are currently @ 143.42 after breaking out of the flag pattern. We are looking for a continuation to the ATR Target/0.500 Fibo @ 142.24 with a further target at the 0.382 Fibo ...

Note: JOLTS this AM

Bearish: We are currently @ 89.55 after making the top. IF we can break support here, we are looking for a continuation to the ATR Target/0.382 Fibo @ 88.50 with a further target at the 2.618 ...

Bullish: We are currently @ 82.84 in a channel in a range. IF we can break resistance here, we are looking for a continuation to the ATR Target/2.618 Fibo @ 83.90 with a further target at the 0.214 Fibo @ ...

Bullish: We are currently @ 88.37 in a channel in a range. IF we can break resistance here, we are looking for a continuation to the ATR Target/1.618 Fibo @ 89.22 with a further target at the 1.618 Fibo @ ...

Note: CB Consumer Confidence this AM

Bearish: We are currently @ 130.45 in a channel. IF we can break support here, we are looking for a continuation to the ATR Target @ 129.68 with a further target at the 1.000 ...

Bullish: We are currently @ 1.9809 in a third wave. We are looking for a continuation to the ATR Target @ 1.9900 with a further target at the R6/2.618 Fibo @ 2.0019 (third wave can’t be the shortest). We have ...

Note: Unemployment claims was positive

Bullish: We are currently @ 131.61 after putting in a double bottom. We are in a range. We are looking for a continuation to the 1.000 Fibo @ 132.88 with a further target at the ...

Bearish: We are currently @ 0.6683 after the breakout of the slope support. We are in a range. We are looking for a continuation to the ATR target @ 0.6590 with a further target @ the 1.000 Fibo @ 0.6514. ...

Bearish: We are currently @ 0.9238 after the breakout of the flag pattern. We are in a range. WE are looking for a continuation to the ATR target @ 0.9194 with a further target @ the 1.618 Fibo @ 0.9137. ...

Note: Unemployment claims was positive

Bearish: We are currently @ 155.85 after the pullback in a range and a channel. We are looking for continuation to the ATR target @ 158.81 area with a further target at the 0.618 Fibo ...