Bullish: We are currently @ 88.37 in a channel in a range. IF we can break resistance here, we are looking for a continuation to the ATR Target/1.618 Fibo @ 89.22 with a further target at the 1.618 Fibo @ 89.78. We have convergence in play for the move. Watch the USDX for direction. The average daily true range (ATR) for the pair is 150 pips and it’s 180 day average is 127 pips per day. USDX is currently moving sideways.

Note: CB Consumer Confidence this AM

Bearish: We are currently @ 130.45 in a channel. IF we can break support here, we are looking for a continuation to the ATR Target @ 129.68 with a further target at the 1.000 ...

Bullish: We are currently @ 1.9809 in a third wave. We are looking for a continuation to the ATR Target @ 1.9900 with a further target at the R6/2.618 Fibo @ 2.0019 (third wave can’t be the shortest). We have ...

Note: Unemployment claims was positive

Bullish: We are currently @ 131.61 after putting in a double bottom. We are in a range. We are looking for a continuation to the 1.000 Fibo @ 132.88 with a further target at the ...

Bearish: We are currently @ 0.6683 after the breakout of the slope support. We are in a range. We are looking for a continuation to the ATR target @ 0.6590 with a further target @ the 1.000 Fibo @ 0.6514. ...

Bearish: We are currently @ 0.9238 after the breakout of the flag pattern. We are in a range. WE are looking for a continuation to the ATR target @ 0.9194 with a further target @ the 1.618 Fibo @ 0.9137. ...

Note: Unemployment claims was positive

Bearish: We are currently @ 155.85 after the pullback in a range and a channel. We are looking for continuation to the ATR target @ 158.81 area with a further target at the 0.618 Fibo ...

Bullish: We are currently @ 0.6687 after the pullback in a range and a channel. We are looking for continuation to the ATR target @ 0.6750 area with a further target at the 1.618 Fibo @ 0.6780. We have convergence ...

Bullish: We are currently @ 1.2091 after the pullback in a range and a channel. IF we can break resistance here, we are looking for continuation to the 1.000 Fibo/ATR target @ 1.2224 area. We have convergence in play for ...

Bearish: We are currently @ 1.5952 after making the turn in a range and a new channel. IF we can break support here, we are looking for continuation to the 1.000 Fibo @ 1.5922 area and then the ATR/1.618 Fibo ...

Note: ADP was positive

Bearish: We are currently @ 144.56 after making the turn in a range and a channel. IF we can break support here, we are looking for continuation to the ATR target @ 143.66 area and then ...

Note: Powell speaks today

Bearish: We are currently @ 1.1991 after making the turn in a range. With this breakout, we are looking for continuation to the ATR target @ 1.1907 area and then the 0.1000 Fibo @ 1.1847. We ...