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Author: NULL

$USDCHF– descending wedge

The pair is currently @0.9516 and testing a breakout of the wedge. A break below 0.9505 targets the former bottom @ 0.9462. A break there look to the S5 @ 0.9416. The pair currently has an ATR of 69...

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$GBPJPY– ascending wedge

The pair is currently @124.73 and testing a breakout of the wedge. A break here targets the 0.214 Fibo @ 125.12. A break there look to the R5 @ 125.54. The pair currently has an ATR of 71...

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$EURAUD– rising wedge

The pair is currently @1.2083 and breaking out of the rising wedge. A break here targets the 0.618 Fibo support @ 1.1990. We are expecting the pair to bounce there back to the R6 @ 1.2215. Be Aware however that the pair likes to...

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$GBPCHF– will it break?

The pair is currently @1.5104 and testing the 1.5097 bounce point. A break here targets the 1.5000 support with a test of the 1.5032 area. A breakdown targets a move to the S3 area @ 1.5234. The pair currently has an ATR of 69...

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$GBPUSD– will it turn?

The pair is currently @1.5815 and may test the 1.5800 bounce point. A bounce targets the 1.5905 resistance area and then the R6 @ 1.6003 later this week. A breakdown targets a move to the R5 area @ 1.5770. The pair currently has...

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$AUDUSD– will it Break?

The pair is currently @1.0405 and testing a breakout of the uptrend. A clean break targets the 1.0340 support area and then the 0.786 Fibo @ 1.0279. A bounce targets a move to the S3 area @ 1.0469. The pair currently has an ATR...

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$EURJPY– final Break?

The pair is currently @98.62 and testing a final move to 99.7 IF we break the small bull flag . We could also retrace further to the 98.19 area before bouncing. Interim targets are all resistances at 99.95,99.28,99.61. The pair...

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