Bearish: We are currently @ 1.2162 after finishing a 5th wave and a trend UP. We are looking to do an ABC reversal to the S6 @ 1.1834. Lots of confluence on this pair. Watch the USDX for direction. The average daily true range (ATR) for the pair is 156 pips. USDX is currently threatening up.

Bullish: We are currently @ 168.20 in a flag pattern and in a channel. IF we can break resistance here, we are looking for a continuation to the 4.236 Fibo @ 169.44 with the overall target the ATR @ 170.08. ...

Note: FOMC is this afternoon

Bearish: We are currently @ 1.6695 in a channel. IF we can break support here, we are looking for a continuation to the ATR Target @ 1.6600. We have convergence on the hourly. The target ...

Note: Tons of Fundies this week

Bullish: We are currently @ 1.1518 in a range after a breakout. IF we can break resistance here, we are looking for a continuation to the ATR Target @ 1.1578 with a further target ...

Note: Tons of Fundies this week

Bullish: We are currently @ 1.9255 in a range after a breakout. IF we can break resistance here, we are looking for a continuation to the ATR Target @ 1.9289 with a further target ...

Bullish: We are currently @ 0.6378 in a range. IF we can break resistance here, we are looking for a continuation to the ATR Target @ 0.6450 with a further target the Range Top @ 0.6500 area. We have convergence ...

Bearish: We are currently @ 136.92 in a trend an a 5th wave start. IF we can break support here, we are looking for a continuation to the ATR Target @ 135.25 with a further target the 0.786 Fibo @ ...

Bearish: We are currently @ 166.51 in a range. IF we can break support here, we are looking for a continuation to the ATR Target @ 164.92 with a further target the Day chant bottom @ 164.00 area. We have ...

Note: ISM Manufacturing today!

Bearish: We are currently @ 0.9422 in a channel in a range. IF we can break support here, we are looking for a continuation to the ATR Target @ 0.9352 with a further target the range ...

Note: NFP is this Friday!

Bullish: We are currently @ 1.1997 in a channel in a range. We are looking for a continuation to the ATR Target @ 1.2116 with a further target the 1.618 Fibo @ 1.2143 area. We ...

Bullish: We are currently @ 0.9519 in a channel in a range. We are looking for a continuation to the ATR Target @ 0.9609 with a further target the 0.618 Fibo @ 0.9650 area. We have convergence on the hourly. ...

Note: NFP is this Friday!

Bullish: We are currently @ 1.8035in a channel in a range. We are looking for a continuation to the ATR Target @ 1.8120 with a further target the range top @ 1.8200. We have convergence ...