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 pair should prove it out when the market opens. It’s Daily ATR is 98 pips and its 90 day average is 75 Pips a day. My Analysis says the USDX is Down.

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 ...

Bullish: Forex Strategies: Currently we are at 2.1329 in a channel. If we break this resistance, we are looking for a continuation to the ATR target @ 2.1402 area with a further target the 1.000 Fibo @ 2.1423. Watch the ...

Bearish: Forex Strategies: Currently we are at 2.1240 in a new channel. We are looking for a continuation to the ATR target @ 2.1150 area with a further target the 0,382 Fibo @ 2.1122. Watch the USDX for direction, as ...

Note: ISM Services today

Bearish: Forex Strategies: Currently we are at 169.28 in a channel. We are looking for a continuation to the ATR target @ 168.23 area with a further target the 1.618 Fibo @ 167.88. Watch the USDX ...