EURJPY continues the channel

Bearish: We are currently @ 136.57 in a channel and Day chart trend. We are looking for a continuation to the ATR target @ 135.32 area with a bigger target the S5 @ 135.22 area. Watch the USDX for any change in direction. The ATR for the pair currently is 162 pips per day and its 180 day average is 153 pips per day. USDX is currently threatening down at the time of this post.#EURJPY

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AUDJPY poised to break up in the channel

Bullish: We are currently @ 94.11 in a channel. We are looking for a continuation to the ATR target @ 95.40 area with a top just above there @ 95.70 area. Watch the USDX for any change in direction. The ...

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USDCHF is all set to continue the channel

Bearish: We are currently @ 0.9528 in a channel. We are looking for a continuation to the ATR target @ 0.9478 area. Watch the USDX for any change in direction. The ATR for the pair currently is 84 pips per ...

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GBPJPY channel continuation opportunity

Bullish: We are currently @ 163.39 in a channel in a range. Above 163.70, we are looking for a continuation to the ATR target @ 164.89-165.00 area. Watch the USDX for any change in direction. The ATR for the pair ...

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AUDCHF trying to make the turn down

Bearish: We are currently @ 0.6686 in a range. We have the start of divergence and a slope support breakout. Below 0.6680, we are looking for a continuation to the ATR target @ 0.6615. Watch the USDX for any change ...

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USDCHF has one more thrust

Bullish: We are currently @ 0.9590 in a channel. We have divergence so most likely one more upside move. We are looking for a continuation to the ATR target @ 0.9657. If divergence is still in play look for the ...

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GBPNZD poised to continue the channel–

Bullish: We are currently @ 1.9421 in a channel. We have convergence for the upside move. We are looking for a continuation to the ATR target @ 1.9522 with a further target the day chart top @ 1.9684. Watch the ...

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AUDJPY Channel breakout

Bullish: We are currently @ 93.12 just out of a channel. We have divergence for the upside move. We are looking for a continuation to the ATR target @ 94.25 with a further target the R4 @ 94.63. Watch the ...

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GBPNZD Channel breakout or wave

Bearish: We are currently @ 1.9355 just out of a channel. We have convergence to the downside. Two scenarios: Bullish: the move finished a 4th wave, and we now do a 5th wave up to the R5 @ 1.9445. 2: ...

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GBPAUD Breakout opportunity

Bearish: We are currently @ 1.7272 in a range after the slope support breakout. We have convergence to the downside. We are looking for a continuation to the Day Support/ATR target @ 1.7176area and then the S5/range bottom @ 0.9500 ...

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USDCHF another short opportunity

Bearish: We are currently @ 0.9638 in a channel in a range. We have convergence to the downside. We are looking for a continuation to the ATR target @ 0.9540 area and then the S5/range bottom @ 0.9500 area. Watch ...

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USDCHF short opportunity

Bearish: We are currently @ 0.9713 in a channel in a range. We have convergence to the downside. We are looking for a continuation to the ATR target @ 0.9631 area and then the 0.786 Fibo support @ 0.9579. Watch ...

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