Forex Strategy is Bearish: We are currently @ 95.26 in a Range and in a channel. We are looking for a quick bounce on the 1.000 Fibo and then a continuation to the ATR target @ 94.85 area, with an overall target the 1.618 Fibo @ 94.54. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 108 pips per day and it’s 90-day average is 107 pips per day.

Forex Strategy is Bullish: We are currently @ 1.2530 in a 5^th wave in a channel. We are looking for a quick bounce and then a continuation to the ATR target @ 1.2595 area, with an overall target ...

Forex Strategy is Bullish: We are currently @ 1.2416 in a 5^th wave in a channel. We are looking for a quick bounce and then a continuation to the ATR target @ 1.2489 area, with a 5^{th ...}

Note: FOMC today! Forex Strategy is Bearish: We are currently @ 192.62 in a new channel. We just broke a monster support so we are looking for a continuation to the ATR target @ 191.90 area, with a strong support ...

Forex Strategy is Bearish: We are currently @ 171.58 in the top of a channel. If we can get a short bounce here, we are looking for a continuation to the ATR target @ 170.84 area, with a

Forex Strategy is Bullish: We are currently @ 1.2508 in a channel. If we can bounce here, we are looking for a continuation to the ATR target @ 1.2550 area, with a big area above to the R6 @ ...

Forex Strategy is Bearish: We are currently @ 156.19 in a range. If we can break support here, we are looking for a continuation to the ATR target @ 1.9574 area, with possible movement to the range bottom @ ...

Forex Strategy is Bearish: We are currently @ 1.9654 in a range. If we can break support here, we are looking for a continuation to the ATR target @ 1.9574 area, with possible movement to the 1.618 Fibo @ ...

Forex Strategy is Bearish: We are currently @ 160.41 in a channel and a 5^th wave. We are looking for a continuation to the ATR target @ 159.56 area, with possible movement to the 5^th wave support (S5) ...

Note: Core CPI and PPI were as forecasted today!

Forex Strategy is Bullish: We are currently @ 192.11in a channel in a range. We are looking for a continuation to the ATR target @ 193.31 area, with possible movement ...

Note: Core PPI and PPI were negative Today!

Forex Strategy is Bearish: We are currently @ 191.60 in a channel in a range. Scenario #2: We are looking for a slight pullback and then a continuation of a 5 ...

Forex Strategy is Bearish: We are currently @ 157.63 in a range. We are looking for a slight pullback and then a continuation to the ATR target @ 157.08 area, with the overall target the 2.618 Fibo @ 156.62. ...