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Author: NULL

$EURUSD – decision

Currently the cross is @1.3326.  The cross has broken the down channel to the upside and now sitting just under the R4 @ 1.3388.  If this area is broken expect a move to the -0.270 Fib Extension @1.3430 with further...

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$EURJPY – Breakdown

Currently the cross is @101.16.  The cross has broken through the  S7 support area to the downside and now sitting just under the -0.270 Fib extension.  If this area is broken expect a move to the 100.07 / -0.618...

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$GBPUSD – Breakdown?

Currently the cross is @1.5488.  The cross has broken out of the uptrend tested the S4/ .618 Fibo area to the downside.  If this area is broken expect a move to the 1.5410 / .786 Fibo area first and then to the S5 @...

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$NZDUSD – testing?

Currently the cross is @ 0.7650.  The cross has been trying to make a deeper move to the downside.  If this psychological barrier can be broken expect a move to the 0.7575/-.618 Fibo extension and the S5 (look for...

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$USDCHF – trying to go?

Currently the cross is @ 0.8948.  The cross has tested the 0.8925 area 3 times with no luck breaking to the downside.  Still ,very bearish candles trying to establish the break down.  If this can finally be broken...

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$EURUSD – breakout?

Currently the cross is @ 1.3640.  The cross is just above a well established long term downtrend with 2 candles trying to establish the break out on the .500 Fibo.  If this is a real breakout ( would like more...

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$USDCHF – breakdown?

Currently the the cross is @ 0.9000.  The cross is just below the .382 Fibo but out of the trendline.  If this is a real breakdown, expect a move to the .8944 .500 Fibo area first and then to .8900. A bounce ...

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$USDCAD-caution

Currently @ 0.9969. The cross  is in an uptrend but it is pretty steep and approaching a potential head and shoulder pattern area.  Watching for a turn at the .786 fibo for a move to the R2 @ 0.9870  The cross of...

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