Bearish: Currently we are at 154.45 barely out of a channel and a possible 5th wave. IF we break back in the channel, we are looking to continue to the ATR target @ 152.54 with a further target the 0.382 Fibo @ 152.28 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 190 pips per day and it’s 90 day average is 115 pips per day. USDX is currently threatening down.

Bearish: Currently we are at 153.53 in a channel and a possible 5th wave. We are looking to continue to the 1.000 Fibo target @ 152.10 with a further target the ATR @ 152.00 area. Watch the USDX for direction. ...

Note: FOMC today

Bearish: Currently we are at 1.9252 in a channel. We have convergence and are looking to continue a new 3rd wave the ATR target @ 1.9165 with a further target the range bottom @ 1.9100 area. Watch ...

Bullish: Currently we are at 1.2533 in a channel. With this breakout, we are looking to continue to the ATR target @ 1.2589 with a further target the 1.270 Fibo @ 1.2603. Watch the USDX for direction. The average daily ...

Note: Unemployment claims was positive

Bullish: Currently we are at 1.6449 in a range. With this breakout, we are looking to continue to the ATR target @ 1.6504 with a further target the 1.618 Fibo @ 1.6529. Watch the USDX ...

Bearish: Currently we are at 1.2438 in a channel. We are looking to continue to the ATR target @ 1.2394 with a further target the 0.618 Fibo @ 1.2349. Watch the USDX for direction. The average daily true range (ATR) ...

Note: Flash Manufacturing this AM

Bullish: Currently we are at 169.88 in a well built Range and channel. We are looking to continue to the 3rd wave to the ATR target @ 170.54 with a further target the 1.618 Fibo ...

Bullish: Currently we are at 0.6442 in a well built Range. We are looking to continue to the ATR target @ 0.6489 with a further target the R3 @ 0.6502. Watch the USDX for direction. The average daily true range ...

Bearish: Currently we are at 1.9345 in a well built channel. IF we can break support here, we are looking to continue to the ATR target @ 1.9262 with a further target the 1.270 Fibo @ 1.9255. Watch the USDX ...

Bearish: Currently we are at 154.66` at a top and out of a rising wedge. We are looking to continue to the ATR target @ 154.00 with a further target the 0.618 Fibo @ 153.57. Watch the USDX for direction. ...

Bearish: Currently we are at 91.07` in a channel. IF we can break slope support here, we are looking to continue to the ATR target @ 90.46 with a further target the Day chart bottom @ 90.11. Watch the USDX ...

Bullish: Currently we are at 1.6430 in a new channel. IF we can break the triangle resistance here, we are looking to continue to the ATR target @ 1.6502 with a further target the R4 @ 1.6600. Watch the USDX ...