Bearish: We are currently @ 147.50 just above support. If we can break through the support here, we are looking for a continuation to the S4/ATR target @ 1146.50 with the further target the 0.500 Fibo@ 146.00 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 134 pips per day and it’s 90 day average is 123 pips per day. USDX is down.

Bearish: We are currently @ 1.9285 just above slope support. If we can break through the support here, we are looking for a continuation to the 0.270 Fibo/ATR target @ 1.9227 with the further target the 1/618 Fibo/S4 @ 1.9188 ...

Bearish: We are currently @ 1.2712 after taking out slope support. If we can break through the support here, we are looking for a continuation to the 0.500 Fibo @ 1.2665 with the further target the ATR target @ 1.2627 ...

Bearish: We are currently @ 147.82 after taking out the range top. If we can break through support here, we are looking for a continuation to the ATR target @ 145.76 with the further target the 0.618 Fibo @ 145.54 ...

Bearish: We are currently @ 160.99 after putting in a 5 wave pattern up. WE have a rising wedge which is bearish. If we can get break here, we are looking for a continuation to the ATR target @ 160.03 ...

Bearish: We are currently @ 1.2652, in a channel to the downside. If we can get a small pullback, we are looking for a continuation to the ATR target @ 1.2606 with the further target the S4/1.000 Fibo @ 1.2550-62 ...

Bearish: We are currently @ 1.7661, in the start of a possible channel to the downside. If we can get a small pullback, we are looking for a continuation to the ATR target @ 1.7594 with the further target the ...

Note: Unemployment claims and CPI were positive

Bearish: We are currently @ 1.2730 in a range. If we can get a small pullback, we are looking for a continuation to the ATR target @ 1.2694 with the further target the ...

Bullish: We are currently @ 0.6699 in a channel in a range. If we can break here, we are looking for a continuation to the ATR target @ 0.6650 with the further target the 1.618 Fibo @ 0.6620 area. Watch ...

Bearish: We are currently @ 1.2723 in a range. If we can break here, we are looking for a continuation to the 1.000 Fibo/ATR target @ 1.2670 with the further target the 1.270 Fibo @ 1.2644 area. Watch the USDX ...

Bullish: We are currently @ 1.9014 in a nice channel and a possible 5th wave. If we can break here, we are looking for a continuation to the 1.000 Fibo @ 1.9070 with the further target the 1.270 Fibo @ ...

Bullish: We are currently @ 1.8888 in a nice channel and a possible 5th wave. If we can break here, we are looking for a continuation to the ATR target @ 1.8973 with the further target the 0.618 Fibo @ ...