Bearish: We are currently @ 158.07 after a corrective move. IF we can break support here , we are looking for a continuation to the ATR Target @ 157.30 with the further target @156.74. Watch the USDX for direction. The average daily true range (ATR) for the pair is 112 pips per day and it’s 90 day average is 125 pips per day. USDX is currently moving up.

Note: ADP was negative!

Bearish: We are currently @ 2.1217 after a nice pullback. IF we can break support here , we are looking for a continuation to the ATR Target @ 2.1133 with the further target the 2.1100. Watch ...

Note: Consumer Confidence and Jolts this AM!

Bullish: We are currently @ 1.9621 after a hard bounce. IF we can get the breakout of the slope resistance here , we are looking for a continuation to the ATR Target @ ...

Note: ADP and NFP this Week!

Bearish: We are currently @ 1.6824 in a 3rd wave in a channel. IF we can get the breakout of the slope support here , we are looking for a continuation to the ATR ...

Note: Unemployment claims was positive

Bearish: We are currently @ 184.44 in a channel. IF we can get the breakout of the slope support here , we are looking for a continuation to the ATR Target @ 183.37 with the ...

Bearish: We are currently @ 1.2746 in a range. The breakout of the slope support here is significant. We are looking for a continuation to the 1.618 Fibo @ 1.2703 with the further target the 1.000 Fibo/ATR target @ 1.2665. ...

Bullish to Bearish: We are currently @ 146.03 in a channel. We have convergence in play. If we can push through a double top here we are looking for a continuation to the 1.618 Fibo @ 147.28. A double top ...

Bearish: We are currently @ 1158.98 in a possible start of a rune to the bottom. We have divergence in play. If we can push through slope support here we are looking for a continuation to the ATR target @ ...

Note: FOMC today

Bearish: We are currently @ 1.2734 in a possible start of a 3rd wave in a channel. If we can push through slope support here we are looking for a continuation to the ATR target @ 1.2600 ...

Note: Core Retail Sales was positive

Bullish: We are currently @ 145.67 in a 3rdvwave in a BIG channel. If we can push through resistance here we are looking for a continuation to the ATR target @ 147.20 with the ...

Bearish: We are currently @ 1.2659 in a 5th wave in a channel. If we can push through support here we are looking for a continuation to the ATR target @ 1.2600 with the overall target today the S4 @ ...

Bearish: We are currently @ 1.9426 in a new channel. If we can push through support here we are looking for a continuation to the ATR target @ 1.9322 with the overall target the 0.382 Fibo @ 1.9290. Watch the ...