Currently we are at 1.6057 and there are two scenarios. 1- This is a continuation break to finish the triple bottom @ 1.6002 or 2: it is really a head and shoulder pattern and we will bounce to the 0.618 Fibo @ 1.6141. . The...
Read More$EURUSD What Forex Target Traders See: We are currently sitting @ 1.3393 in the strongest rally since last August. Expecting to top soon – may be now but maybe not until the R6 @ 1.3506. If the current move does continue...
Read MoreCurrently we are at 89.58 and testing a break of the top and R5. The target area up is the 1.270 fib Extension @ 90.06 then 90.91. A failure to break will look for a retrace to the 0.214 Fibo @ 88.88. The average daily trading...
Read MoreCurrently we are at 1.6004 and breaking the descending wedge which is bearish for the pair. The target area down is the support cluster @ 1.5904-5916. The average daily trading range (ATR) is 57 pips.
Read MoreCurrently we are at 1.2878 and building a wedge which is bearish for the pair. The target area down is the support cluster (S5/1.270 fibo) @ 1.2805. The average daily trading range (ATR) is 69 pips.
Read More$EURUSD What Forex Target Traders See: We are currently sitting @ 1.3072 strong correction. Expecting to start the process of building an uptrend which would need a thrust upward and then a pullback to a higher low. Any thrust...
Read MoreCurrently we are at 72.46 after 5 waves to the top. However we have a bull flag which suggests a little more is left to the top. The target area is the R6 @ 73.21. The average daily trading range (ATR) is 65 pips.
Read MoreCurrently we are at 1.0509 after a brief retracement to the 0.214 Fibo. A break north here would target the 1.270 Fib Extension @ 1.0553 with an overall target at the 1.618 Fib extension and day chart top @ 1.0610. The average...
Read MoreCurrently we are at 87.04 in the 5th wave to the top. Look for a continuation to the 88.00-88.15 target area (R6/1.618 fibo). The average daily trading range (ATR) is 58 pips.
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