Note: Gov Bailey speaks today!

Bearish: We are currently @ 181.78. We are looking for a continuation to the ATR Target @ 181.00 with the overall target the 1.618 Fibo @ 180.17. Should see a bounce there for a corrective 4th wave. Watch the USDX for direction. The average daily true range (ATR) for the pair is 139 pips per day and it’s 90 day average is 162 pips per day. USDX is currently moving up.

Note: ISM Services and Jolts is today!

Bullish: We are currently @ 1.6360 after the breakout of the bear channel We are looking for a continuation to the ATR Target @ 1.6444 with the overall target the 2.618 Fibo @ ...

Note: FOMC is today!

Bearish: We are currently @ 96.33 after a breakout of the former bullish channel We are looking for a continuation to the ATR Target @ 95.59 with the overall target today the 4.236 Fibo @ 95.44. ...

Note: Unemployment claims was Positive

Bearish: We are currently @ 1.2624 in a flag pattern that is bearish.. IF we can break support here, we are looking for a continuation to the ATR Target @ 1.2545 with the overall target ...

Bullish: We are currently @ 144.38 after breaking out of the pennant. IF we can break resistance here (1.618 Fibo), we are looking for a continuation to the 2.618 Fibo @ 145.05 with the overall target today the ATR target ...

Bullish: We are currently @ 1.7740 after breaking out of the new channel down.. IF we can break resistance here, we are looking for a continuation to the former top @ 1.7800 with the overall target today the ATR target ...

Bearish: We are currently @ 1.9024 after putting in a double top. IF we can break Slope support here, we are looking for a continuation to the S3 @ 1.8953 with the overall target today the ATR target @ 1.8900. ...

Note: Unemployment claims was neutral

Bearish: We are currently @ 2.0566 in a channel in a fractal 3rd wave IF we can break the 0.500 Fibo support here, we are looking for a continuation to the ATR target @2.0419 with ...

Bearish: We are currently @ 95.80 in a channel in a fractal 5th wave IF we can break the 0.500 Fibo support here, we are looking for a continuation to the S4 @ 95.39 with the overall target today the ...

Bearish: We are currently @ 0.8979 in a channel at the end of a corrective move. IF we can break the slope support here, we are looking for a continuation to the ATR target @ 0.883 with the overall target ...

Note: Core PPI was neutral-M/M was negative

Bearish: We are currently @ 1.7484 in a channel. IF we can break the slope support here, we are looking for a continuation to the 1.000 Fibo/ATR target @ 1.7426 with the overall ...

Note: Core CPI was negative

Bearish: We are currently @ 1.1024 in the very top of the range. IF we can break the slope support here, we are looking for a continuation to the S2 @ 1.0961 with the overall ...