Note: FOMC minutes today
Bearish: We are currently @ 149.99 in a range. We have an a-b-c pullback and id we can break support here, we are looking to continue to the ATR target @ 149.20 with a further target the 0.618 Fibo @ 148.98 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 97 pips per day and it’s 90 day average is 123 pips per day. USDX is down.
Bullish: We are currently @ 1.2628 in a range. If we get a small pullback and then can break resistance here, we are looking to continue to the ATR target @ 1.2667 with a further target the 1.270 Fibo @ ...
Bullish: We are currently @ 1.2566 in a range. If we can break slope resistance here, we are looking to continue to the ATR target @ 1.2622 with a further target the 2.618 Fibo @ 1.2641 area. Watch the USDX ...
Bearish: We are currently @ 150.57 in a rectangle pattern. Two scenarios: Bullish: a move to the upper day chart trend line @ 152.00 area). 2: Bearish: A break down here or the 149.57 area. Watch the USDX for direction. ...
Bearish: We are currently @ 1.9341 in a channel in a range. We are looking for a continuation to the ATR target @ 1.9280 with the further target the 0.786 Fibo @ 1.9242 area. Watch the USDX for direction. The ...
Bullish: We are currently @ 1.6502 in a channel. We are looking for a continuation to the ATR target @ 1.6567 with the further target the 0.618 Fibo @ 1.6578 area. Watch the USDX for direction. The average daily true ...
Bearish: We are currently @ 150.44 in a channel. If we can break support here, we are looking for a continuation to the ATR target @ 150.73 with the further target the S5 @ 150.09 area. Watch the USDX for ...
Note: Unemployment claims was negative
Bearish: We are currently @ 158.70 just above slope support. If we can break through the 1.000 Fibo support, we are looking for a continuation to the ATR target @ 158.00 with the further target ...
Note: FOMC is today
Bearish: We are currently @ 147.54 just above slope support. If we can break through the support here, we are looking for a continuation to the ATR target @ 146.74 with the further target the 1.270 ...
Bearish: We are currently @ 2.0764 just above support. If we can break through the support here, we are looking for a continuation to the ATR target @ 2.0700 with the further target the 2.618 Fibo @ 2.0654 area. Watch ...
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 ...
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 ...
