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 continue to the support @ 146.50. Watch for a bounce there. The pair should prove it out when the market opens. It’s Daily ATR is 218 pips, and its 90-day average is 178 Pips a day. My Analysis says the USDX is down.

Forex Strategies Bearish: We are currently @ 1.3283 in a channel. If we can break support @ 1.3270, we should continue to the ATR target @ 1.3200 with the next target the 0.382 Fibo @ 1.3167. The pair should prove ...

Forex Strategies Bearish: We are currently starting a channel in a possible 3^rd wave. If we can break resistance @ 90.84, we should continue to the ATR target @ 90.30 with the next target the S4 @ 89.97. The ...

Forex Strategies Bullish: We are currently in a channel in a possible 5^th wave. If we can break resistance @ 1.3430, we should continue to the 1.000 Fibo @ 1.3500 with the Day chart the Goal @ 1.3570. The ...

Currently we are at 161.21 in a range, a channel. We are looking for a move to the ATR target @ 162.59. Watch for a head and shoulder pattern to start to develop. The ATR of the pair is 180 ...

Currently we are at 161.50 in a range, a channel and a 5^th wave. We are looking for a move to the ATR target @ 12.12. Watch for a head and shoulder pattern to start to develop. The ATR ...

Note: Consumer Confidence Today

Bearish: Forex Strategies: Currently we are at 160.43 in a range. IF we can break slop support, we are looking for a continuation to the ATR target @ 159.38 area with a further target the 1.000 ...

Note: Flash Manufacturing Today

Bullish to Bearish: Forex Strategies: Currently we are at 191.42 in a channel in a range. We are looking for a continuation to the ATR target @ 192.40 area with a further target the 4.236 Fibo ...

Bullish to Bearish: Forex Strategies: Currently we are at 89.45 in a channel in a range. We already did our ATR for today but a juicy spot is right above us. We are looking for a continuation to the 2.618 ...

Note: Retail Sales was positive

Bearish: Forex Strategies: Currently we are at 1.3204 in a range. We are looking for a continuation to the ATR target @ 1.3155 area with a further target the 0.618 Fibo @ 1.3144. Watch the ...

Bearish: Forex Strategies: Currently we are at 139.97 in a channel inside the larger channel. We are looking for a continuation to the ATR target @ 139.30 area with a further target the Fibo @ 138.85. Watch the USDX for ...

Bearish: Forex Strategies: Currently we are at 1.9528 in a channel and just starting a fractal 5th wave. We are looking for a continuation to the ATR target @ 1.9428 area with a further target the S5 @ 1.9327. Watch ...