Note: Consumer Confidence Today

Bearish: Forex Strategies: Currently we are at 160.43 in a range. IF we can break slop support, we are looking for a continuation to the ATR target @ 159.38 area with a further target the 1.000 Fibo @ 158.96. We expect a reaction there. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 175 pips per day and it’s 90 day average is 139 pips per day. My Forex Analysis says USDX is currently down.

Note: Flash Manufacturing Today

Bullish to Bearish: Forex Strategies: Currently we are at 191.42 in a channel in a range. We are looking for a continuation to the ATR target @ 192.40 area with a further target the 4.236 Fibo ...

Bullish to Bearish: Forex Strategies: Currently we are at 89.45 in a channel in a range. We already did our ATR for today but a juicy spot is right above us. We are looking for a continuation to the 2.618 ...

Note: Retail Sales was positive

Bearish: Forex Strategies: Currently we are at 1.3204 in a range. We are looking for a continuation to the ATR target @ 1.3155 area with a further target the 0.618 Fibo @ 1.3144. Watch the ...

Bearish: Forex Strategies: Currently we are at 139.97 in a channel inside the larger channel. We are looking for a continuation to the ATR target @ 139.30 area with a further target the Fibo @ 138.85. Watch the USDX for ...

Bearish: Forex Strategies: Currently we are at 1.9528 in a channel and just starting a fractal 5th wave. We are looking for a continuation to the ATR target @ 1.9428 area with a further target the S5 @ 1.9327. Watch ...

Bullish: Forex Strategies: Currently we are at 2.1329 in a channel. If we break this resistance, we are looking for a continuation to the ATR target @ 2.1402 area with a further target the 1.000 Fibo @ 2.1423. Watch the ...

Bearish: Forex Strategies: Currently we are at 2.1240 in a new channel. We are looking for a continuation to the ATR target @ 2.1150 area with a further target the 0,382 Fibo @ 2.1122. Watch the USDX for direction, as ...

Note: ISM Services today

Bearish: Forex Strategies: Currently we are at 169.28 in a channel. We are looking for a continuation to the ATR target @ 168.23 area with a further target the 1.618 Fibo @ 167.88. Watch the USDX ...

Note: Jolts today

Bearish: Forex Strategies: Currently we are at 190.30 in a range. We are looking for a continuation to the ATR target @ 188.79 area. We anticipate a bullish reaction there due to the range bottom. Watch the ...

BULLISH: Forex Strategies: Currently we are at 145.31 in a channel in a range. We are looking for a continuation to the R4/ATR target @ 146.00 area. We anticipate a bearish reaction there. Watch the USDX for direction, as it ...

BULLISH TO bearish: Forex Strategies: Currently we are at 144.73 IN A RANGE. We are in a channel and are looking for a continuation to the 1.00 Fibo @ 145.42 and then the ATR Target @ 146.00 area. We anticipate ...