Note: Gov Lowe speaks this PM

Bearish: We are currently @ 1.7611 in the channel. With the support break, we are looking for a continuation to the 1.000 Fibo/ATR target @ 1.7500 with the overall target the 2.618 Fibo @ 1.7169. Watch the USDX for direction. The average daily true range (ATR) for the pair is 141 pips per day and it’s 180 day average is 168 pips per day. USDX is currently moving up.

Note: ISM Services PMI is this AM

Bearish: We are currently @ 1.6201 in a flag pattern (bearish) in the channel. IF we can break the flag, we are looking for a continuation to the 2.270 Fibo @ 1.6144 with ...

Note: ISM Manufacturing PMI is this AM

Bearish: We are currently @ 149.10 back in the channel. We are looking for a continuation to the 1.618 Fibo @ 148.46 with the overall target the ATR target @ 147.82. Watch the ...

Note: JOLTS is this AM

Bullish: We are currently @ 1.6495 just out of the flag pattern. We are looking for a continuation to the 1.000 Fibo @ 1.6533 with the overall target the ATR target @ 1.6579. Watch the ...

Note: CB Consumer Confidence is this AM

Bearish: We are currently @ 150.08 after putting in a top. IF we can break support here, we are looking for a continuation to the 1.000 Fibo/ATR target @ 149.20-30. Watch the USDX ...

Bullish: We are currently @ 1.7281 and after a double bottom. IF we can break resistance here, we are looking for a continuation to the ATR target @ 1.7377. Watch the USDX for direction. The average daily true range (ATR) ...

Bullish: We are currently @ 172.39 and back in the channel. IF we can break resistance here, we are looking for a continuation to the ATR target @ 173.23. Watch the USDX for direction. The average daily true range (ATR) ...

Note: Unemployment claims was positive

Bearish: We are currently @ 1.6275 in the start of a channel. IF we can break support here, we are looking for a continuation to the ATR target @ 1..6142 with a further target the ...

Bullish: We are currently @ 170.76 in a channel and trying to continue the 5th wave. We are looking for a continuation to the ATR target @ 171.90 with a further target the 1.000 Fibo @ 172.19 area. Watch the ...

Note: Retail Sales was negative

Bearish: We are currently @ 1.0874 in a channel and it appears to have put in 4 waves We are looking for a continuation to the 1.000 Fibo @ 1.0801 with a further target the ...

Bullish: We are currently @ 1.8705 in a channel that is shallow ( corrective). We are looking for a continuation to the 1.618 Fibo @ 1.8793 with a further target the ATR target @ 1.8885 area. There is significant resistance ...

Bearish: We are currently @ 133.89 in a channel and in the start of a 5th wave. We are looking for a continuation to the 1.000 Fibo @ 133.26 with a further target the ATR target @ 132.83 area. There ...