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$EURAUD- Double Top!

Currently we are at 1.3128 in a rectangle pattern which suggests the continuation to the double top @ 1.3215 area. We could still see a pullback to 1.3015 before the top. A break above targets the 1.3289-3304 target. The current...

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$AUDUSD- near term target!

Currently we are at 1.0306. We are sitting above the support @ 1.0278 which is the next target. Overall target area is the S5/support @ 1.0223 area. The current average daily trading range (ATR) is 52...

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$USDJPY- Bounces!

Currently we are at 93.32 after bouncing on the support @ 92.15. We are sitting above the 1.618 Fibo resistance. If we get follow through the target area up is the 3rd wave @ 93.91 area. The current average daily trading range...

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$EURJPY- Correction!

Currently we are at 125.63 and in the middle of a corrective more after topping out @ 127.00 We are looking for the correction to continue to the 0.214 Fibo and the former trend line top. And then look for a bounce to the 128.00...

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$USDCHF- Finish and bounce!

Currently we are at 0.9042 after breaking out of the rectangle pattern. The target area up is the S5-.1.618 Fib Extension @ 0.9013 area and the 0.9000 Psychological area. The current average daily trading range (ATR) is 70...

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$GBPUSD- Breaks out!

Currently we are at 1.5826 after breaking out of the downtrend. We are sitting on the R3 resistance. If we get follow through the target area up is the R4 .500 Fibo @ 1.5900-5926 area. The current average daily trading range...

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$NZDUSD- Breaks Down!

Currently we are at 0.8326 after the second breakdown of the old up trend . The target area down is the support cluster at the S4@ 0.8250 area . The average daily trading range (ATR) is 67...

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$USDCHF- Out of the wedge!

Currently we are at 0.9242 and sitting just below the .500 Fib on the S3. Looking for a move initially the support @ 0.9186 with the overall target area @ 0.9150-0.9163 support cluster. The average daily trading range (ATR) is...

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$GBPNZD- Break out?

Currently we are at 1.5956 and sitting above the .618 Fibo. The target area up is the resistance cluster /382 Fibo @ 1.9080 and then the R5@ 1.9133. If we get no follow through the Down target is the .786 Fibo @...

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