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Author: NULL

$EURUSD – ranging?

Currently @ 1.4199.The cross  is ranging sideways in a downtrend  Look for more of the same.  We are still bearish on the cross and waiting for an opportunity at the 1.4289 area .  Targets down are the 1.4085...

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$EURUSD – will it break?

Currently @ 1.4135.The cross  took out our S4 target as we thought  and we have a completed a H&S pattern. We are still bearish on the cross and waiting for the break of it’s current position.  Targets...

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$USDCAD-bounces

Currently @ 0.9865.The cross  took out our R5 target as we thought  and we have a completed the  a-b  of an a-b-c wave pattern. We are still bearish on the cross until it completes that c portion and could...

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$USDCAD –near top

Currently @ 0.9929.The cross almost  took out our R5 target ( and could still) and we have a completed a 5 wave pattern. An ABC correction is in store which is bearish for the cross.  The cross could retrace to the...

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$EURUSD-bullish

Currently @ 1.4314 and just below the 1.270 fib extension. The cross  took out our R3 target easily and we have a bull flag on the smaller time frames.  A continuation here targets  the r4  @ 1.4389 and the...

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$AUDUSD – Bull flag break

Currently @ 1.1055 and breaking out of the bull flag  pattern. The cross  is just below  the 1.1081 historic high and is poised to hit the R6 target @ 1.1170.  Should it not break the top look for a move back...

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$USDCHF-continues

Currently @0.7955 and breaking out of the rectangle pattern. The cross has moved though  the 1.270 fibo and is poised to hit the S5 target @ 0.7916  Not looking for any bounce until the...

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$EURUSD – breaks out

Currently @1.4285  and cleanly out of the uptrend now.   The cross  moved to the .500 fibo  and is poised to break to the S5 @ 1.4151 with a stall at  the .618 fibo @ 1.4216.  Not looking for...

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