Bearish: Forex Strategies: Currently we are at 172.78 in a range. IF we can break the slope support, we are looking for a continuation to the ATR Target @ 171.82. There is a significant support @ 171.36 - watch that area. We should see a reaction there. Watch the USDX for direction as it could negate all of this. The average daily true range (ATR) for the pair is 118 pips per day and it’s 90 day average is 124 pips per day. My Forex Analysis says USDX is currently up.

Bearish: Forex Strategies: Currently we are at 107.08 in a range. IF we can break the support, we are looking for a continuation to the ATR Target @ 106.50. There is an S5/0.382 Fibo @ 105.54- watch that area. We ...

Note: CPI was negative today

Bearish: Forex Strategies: Currently we are at 1.9041 in a range. IF we can break the slope support, we are looking for a continuation to the ATR Target @ 1.8982. There is a 0.618 Fibo ...

Note: FED Chair Powell speaks today

Bearish: Forex Strategies: Currently we are at 1.8990 in a 5th wave in a channel. IF we can break the slope support, we are looking for a continuation to the ATR Target @ 1.8319. ...

Note: FED Chair Powell speaks today

Bearish: Forex Strategies: Currently we are at 206.74 at a top with a head and Shoulder pattern. IF we can break the slope support, we are looking for a continuation to the ATR Target ...

Note: ADP and Jolts today

Bearish: Forex Strategies: Currently we are at 161.90 in a rising wedge (bearish). IF we can break the wedge, we are looking for a continuation to the ATR Target @ 161.08. There is a 0.618 ...

Note: Jolts is today

Bearish: Forex Strategies: Currently we are at 178.71 out of the triangle. We are looking for a continuation to the ATR Target @ 177.93. There is a 1.270 Fibo further @ 177.87. We should see a ...

Note: Pending home sales is today

Bearish: Forex Strategies: Currently we are at 2.0745 out of the channel. We are looking for a continuation to the ATR Target @ 2.0680. There is a 0.382 Fibo further @ 2.0646. We should ...

Note: Pending home sales is today

Bullish: Forex Strategies: Currently we are at 2.0775 in a channel and 5th wave. We are looking for a continuation to the ATR Target @ 2.0830. There is a 1.618 Fibo slightly further @ ...

Note: CB Consumer confidence is today

Bearish: Forex Strategies: Currently we are at 159.46 in the top of a range. We are looking for a short pullback and then to the ATR Target @ 158.60. There is a bottom slightly ...

Bearish: Forex Strategies: Currently we are at 201.97 in the top of a range. We are looking for this to be the top and if we continue through here we will target the ATR Target @ 200.84 There is a ...

Bearish: Forex Strategies: Currently we are at 200.94 in the top of a range. WE have a possible rising wedge and if we continue through here we will target the ATR Target @ 199.50/ If this is a channel then ...