EURJPY – breakout to target

Bearish: We are currently @ 143.20 after setting a top and breaking out of the Trend. We have divergence for the down move. We are looking for the continuation of a move to the ATR Target @ 142.15 and should bounce there. Watch the USDX for any change in direction. The ATR for the pair currently is 180 pips per day and its 180 day average is 170 pips per day. USDX is currently attempting up.

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GBPJPY – the end is near

Bearish: We are currently @ 164.60 in a rising wedge (bearish) at the top. We have divergence for the down move. We are waiting for a double top and then IF we can break the day chart Resistance now support, ...

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EURNZD Head and Shoulders In

Bearish: We are currently @ 1.7065 and finally have the head and shoulder reversal pattern in place. We have divergence for the down move. USDX appears to be flipping finally so IF we can break the Slope support here, we ...

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EURAUD Reversal

Bearish: We are currently @ 1.4918 after an attempt to take out the ATR to the long side (1.5053). USDX appears to be flipping finally so IF we can break the Slope support here, we are looking for a move ...

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EURAUD One more push

Bullish: We are currently @ 1.6896 in a range. IF we can break the resistance here, we are looking for a move to the ATR Target @ 1.7002. Watch the USDX for any change in direction. The ATR for the ...

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AUDUSD Falling Wedge Breakout

Bullish: We are currently @ 0.5876 just out of a falling wedge which is bullish. IF we can break the 0.786 Fibo here, we are looking for a move to the ATR Target/0.618 fibo @ 0.5932-41. Watch the USDX for ...

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EURAUD Topping out

Bearish: We are currently @ 1.4889 in the top of a range. IF we can break the support here, we are looking for a move to the ATR Target @ 1.4755. We have convergence in play on the hourly. Watch ...

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USDJPY headed to the range top

Bullish: We are currently @ 143.66 in a range. IF we can break the resistance here, we are looking for a move to the ATR Target @ 144.46 and maybe the range top @ 144.98 area. We have convergence in ...

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GBPUSD could take out the range bottom

Bearish: We are currently @ 1.1493 in a range. IF we can break the support here, we are looking for a move to the ATR Target/range bottom @ 1.1410 area. We have convergence in play. Watch the USDX for any ...

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EURAUD IF we break this top

Bullish: We are currently @ 1.4877 in a channel at a significant top IF we can break the top here, we are looking for a move to the ATR Target @ 1.4957 area. We have convergence in play. Watch the ...

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USDJPY should continue the channel

Bearish: We are currently @ 142.54 in a channel after printing an ABC pattern. IF we can break the support here, we are looking for a move to the ATR Target @ 140.92 area. We have convergence in play. Watch ...

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AUDUSD trying to reverse

Bullish: We are currently @ 0.6738 in the bottom of a range. IF we can break the resistance @ 0.6768, we are looking for a move to the ATR Target @ 0.6850 area. We have divergence in play. Watch the ...

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