Bearish: Currently we are at 1.6316 in a channel in a range. We are looking to continue to the ATR target @ 1.6266 area with an outside target at the 1.000 Fibo @ 1.6233 area. We have convergence in play for the short. Watch the USDX for direction. The average daily true range (ATR) for the pair is 75 pips per day and it’s 90 day average is 90 pips per day. USDX is currently down.

Bearish: Currently we are at 156.64 in a range. We are looking to continue to the ATR target @ 155.70. WE have divergence in play for the short. Watch the USDX for direction. The average daily true range (ATR) for ...

Bullish to Bearish: Currently we are at 156.37 in a channel. We are looking to continue here and continue to the ATR target @ 157.58. That puts us in intervention territory so watch for a reversal. Watch the USDX for ...

Note: Unemployment claims was neutral today

Bearish: Currently we are at 1.2695 after hitting the Range Top. We are looking to reverse here ( it may need one more push to the top) and continue to the ATR target @ ...

Note: Unemployment claims was neutral today

Bullish: Currently we are at 168.54 after a hard bounce on the channel. We are looking to continue to the ATR target @ 169.36 and then the 1.000 Fibo @ 170.00. Watch the USDX ...

Bullish: Currently we are at 168.92 in a channel. We are looking to continue to the R6 @ 170.15 and then the ATR target @ 170.55. Watch the USDX for direction. The average daily true range (ATR) for the pair ...

Bullish: Currently we are at 195.60 in a channel. We are looking to continue to the 1.270 Fibo @ 196.28 and then the ATR target @ 197.30. Watch the USDX for direction. The average daily true range (ATR) for the ...

Note: Unemployment claims was negative today

Bullish: Currently we are at 167.48 in a channel and a possible 5th wave. We are looking to continue to the ATR target @ 168.78. Watch the USDX for direction. The average daily true ...

Bullish: Currently we are at 171.15 in a working channel and a possible 5th wave. IF we break the 1.618 Fibo here, we are looking to continue to the ATR target @ 172.10. Watch the USDX for direction. The average ...

Bearish: Currently we are at 154.45 barely out of a channel and a possible 5th wave. IF we break back in the channel, we are looking to continue to the ATR target @ 152.54 with a further target the 0.382 ...

Bearish: Currently we are at 153.53 in a channel and a possible 5th wave. We are looking to continue to the 1.000 Fibo target @ 152.10 with a further target the ATR @ 152.00 area. Watch the USDX for direction. ...

Note: FOMC today

Bearish: Currently we are at 1.9252 in a channel. We have convergence and are looking to continue a new 3rd wave the ATR target @ 1.9165 with a further target the range bottom @ 1.9100 area. Watch ...