Note: CPI and PPI this week
Bearish to Bearish: We are currently @ 0.6940 in a range and a corrective channel. We are looking for continuation to the flag target (abc) @ 0.7045 area and then the selloff. We have convergence in play for the up move. Watch the USDX for direction. The average daily true range (ATR) for the pair is 85 pips and it’s 180 day average is 93 pips per day. USDX is currently threatening down.
Bearish: We are currently @ 1.7401in a range and a channel. We are looking for continuation to the ATR target @ 1.7277 area with a further target the Day chart target @ 1.7218. We have convergence in play for continuation. ...
Bullish: We are currently @ 1.7370 in a range and headed north after a hard bounce. We are looking for continuation to the ATR target @ 1.7476 area with a further target the 0.786 Fibo @ 1.7492. We have convergence ...
Bearish: We are currently @ 1.1962 in a range and out of the flag pattern We are looking for continuation to the ATR target @ 1900 area with a further target the Flag target @ 1.1836. We have convergence in ...
Bullish: We are currently @ 91.34 in a range and a Triangle. If we can break the triangle, we are looking for continuation to the ATR target @ 92.40 area with a further target the 1.618 Fibo @ 92.49 We ...
Bearish: We are currently @ 128.21 in a range and a breakout of the Triangle. We are looking for continuation to the 1.000 Fibo @ 127.44 area with a further target the ATR @ 1127.25. We have convergence in play ...
Note: Advance CB Consumer Confidence shortly
Bearish: We are currently @ 1.1379in a range and a breakout of the up move. We are looking for continuation to the 0.500 Fibo @ 1.1314 area with a further target the ATR @ ...
Bullish: We are currently @ 92.07 in a range and the start of a new channel short. We are looking for continuation to the S2 @ 91.28 area with a further target the ATR @ 90.87. Watch the USDX for ...
Bearish: We are currently @ 160.02 in a 3rd wave. With this pullback, we are looking to continue to the ATR target @ 158.62 area with a further target @ 158.00. Watch the USDX for direction. The average daily true ...
Note: Aussie and Kiwi have CPI tonight
Bearish: We are currently @ 1.1384 after a clean reversal. With this pullback, we are looking to continue to the ATR target @ 1.1324 area with a further target @ 1.1300. Watch the ...
Bullish: We are currently @ 141.78 in a range and a channel which is bullish. IF we can break resistance here, we are looking to continue to the ATR target @ 142.62 area with a further target @ 143.00. Watch ...
Bullish: We are currently @ 1.1332 in a range and a flag pattern which is bullish. We are looking to continue to the ATR target @ 1.1400 area with a further target @ 1.1421. Watch the USDX for direction. The ...
