EUR/AUD – Rising wedge breakout

Forex Strategies

Bearish: We are currently @ 1.6374 in a rising wedge (bearish) with a double top in play. If we can break the wedge, we are looking for a continuation to the ATR target @ 1.6293 and then further movement. Divergence is in play. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 102 pips and it’s 90 day average is 105 pips.
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​Struggling to Learn Price Action Series.

Struggling to Learn Price Action Series. Understanding Market Sentiment

https://youtu.be/bVjxc_IQqAI

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AUD/JPY – Decision time

Forex Strategies Waiting: We are currently @ 101.19 in a possible trend. If we bounce we are looking for a 5th wave continuation to the ATR target @ 101.80 and then further movement. A breakout would target the former ...

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GBP/NZD – take out the top

Forex Strategies: Bullish: We are currently @ 2.1559 in a range. We have convergence in play for the up move.

We are looking for the continuation to the ATR target @ 2.1629 and then a reversal. Watch the USDX ...
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GBP/JPY – Rising Wedge Breakout


Bearish: We are currently @ 195.64 in the top of a range. We are just breaking out of a rising wedge. We have divergence in play for the down move. We are looking for the continuation to the ATR ...
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USD/JPY – Range top in

Forex Strategies Bearish: We are currently @ 149.80 in the top of a range. We have convergence down and a right shoulder is most likely printed. We are looking for the continuation to the S4 @ 148.07. Watch the ...

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Do I Need To Monitor The Forex All The Time Video

Do I Need To Monitor The Forex All The Time Video

https://youtu.be/CYL-ewpbmAQ

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GBP/USD – Range Breakout

Forex Strategies Bearish: We are currently @ 1.2993 just out of a range. IF we can get a clean break down, we are looking to target the ATR target @ 1.2910. A further target is the 1.000 Fibo @ 1.2838. ...

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EUR/AUD – Cup and handle in play

Forex Strategies Bullish: We are currently @ 1.6303out of a range in a cup and handle pattern that is bullish. We are looking to target the ATR target @ 1.6350. A further target is the R5 @ 1.6380. Watch for ...

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EUR/JPY – Will the Range Break

Forex Strategies Bearish: We are currently @ 162.63 in a range. If we break the range, we are looking to target the ATR targets/0.382 Fibo @ 161.56. A further target is the S4 @ 161.26. Watch for a bounce there. ...

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GBP/USD – Finish the range today

Note: FOMC tomorrow-slows the market down!

Forex Strategies Bearish: We are currently @ 1.3103 in a channel in a range and a flag pattern (bearish). We are looking to come out of the flag and target the confluence of the ...

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USD/JPY-4th wave to a 5th

Forex Strategies Bullish to Bearish: We are currently @ 148.18 in a channel and a third wave. We are anticipating an ABC Down before a resumption of a 5 wave up. If we can break support @ 148.10, we should ...

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