AUDCHF breakout continuation

chart. We are looking to continue to the ATR target @ 0.6426 area and then later a continuation to the 0.786 Fibo @ 0.6340. We expect a bounce there. The average daily true range (ATR) for the pair currently is 98 pips.


Read More
Comments

EURJPY continuation

Bearish: Currently we are @ 121.40. We have convergence to the downside on the 60-minute chart. We are looking to continue to the ATR target @ 120.70/60 area and then later a continuation to the range bottom @ 119.48. We ...

Read More
Comments

GBPAUD range trade

Bearish: Currently we are @ 1.8223 after the pullback. We have the start of convergence to the downside on the 60-minute chart. We are looking to continue to the ATR target @ 1.8112 and then a continuation to the range ...

Read More
Comments

EURJPY reversal

Bearish: Currently we are @ 123.47 after topping out. We have convergence to the downside on the 60-minute chart (see inset). We are looking to continue to the ATR target @ 122.99 but are anticipating a large move to the ...

Read More
Comments

GBPUSD continuation

Bullish: Currently we are @ 1.2568 after a pullback. IF we can break the 1.618 Fibo @1.2601 we are looking for the ATR target @ 1.2687. The average daily true range (ATR) for the pair currently is 111 pips.


Read More
Comments

EURUSD reversal

Bearish: Currently we are @ 1.1192 at the range top in a rising wedge which is bearish. If we can break the wedge, A break down here look for the ATR target @ 1.1094. The average daily true range (ATR) ...

Read More
Comments

EURNZD decision time

Waiting: Currently we are @ 1.7674 in a range. Two scenarios: Bullish: a bounce here look to the 0.500 Fibo @ 1.7802 2: Bearish: A break down here look for the ATR target @ 1.7516. The average daily true range ...

Read More
Comments

EURJPY reversal

Bearish: Currently we are @ 119.67 out of a rising wedge at the top of the 5th wave. We are looking for a move down to the ATR Target @ 118.84 and then down to the trend wall. Watch for ...

Read More
Comments

GBPCHF channel

Bullish: Currently we are @ 1.1907 in a channel in a range. We are looking for an move to the ATR Target @ 1.1976. Watch for a reaction at that level. The average daily true range (ATR) for the pair ...

Read More
Comments

GBPJPY reversal

Bearish: Currently we are @ 132.37 after a reversal at the top of a range. We are looking for an initial move to the ATR Target @ 131.27 and then a continuation to the support @ 130.80. The average daily ...

Read More
Comments

EURJPY 2 routes

Waiting: Currently we are @ 117.87 in a possible 5th wave but also at the top of a range. Two scenarios: Bullish: a move to the R5 to complete the wave @ 119.10 area 2: Bearish: A break down here ...

Read More
Comments

GBPAUD continuation

Bearish: Currently we are @ 1.8567 in a 5th wave. We are looking for an initial move to the ATR Target @ 1.8398 and then a continuation to the Day chart bottom @ 1.8337. The average daily true range (ATR) ...

Read More
Comments

Reviews Average Rating          

         
         
Great weekly analysis, very useful and educational.
See All Reviews →