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Author: NULL

$EURJPY – breaking down?

Currently @112.41  and looking very bearish.   The cross  failed to take out the top @113.51 and has pulled back and barely peeking out of the bottom trend line.  Key support to break is the S3 @ 112.12.  A break of that and...

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$EURUSD – up and away?

Currently @1.4484  and looking very bullish.   The cross  took out  the top trendline and the R6 target @ 1.4446 and shows little signs of stopping.  Watch the even # @ 1.4500 and then the next target is the 1.270 fib extension@...

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$USDCHF-bears?

Currently @0.8046  and looking very bearish.   The cross  took out  the S4 target and shows little signs of stopping.  Watch the even # @ 0.8000 and then the next target is the 1.270 fib extension@ 0.7966.  A bounce now and we...

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AUDUSD-continuation

Currently @1.0749.  The cross  took out our 55 pip Target from yesterday  and the 1.270  Fibo.  Great target at the R4 @ 1.0793. Look for a continuation through the resistance at  the 1.0759 area.  A break  down targets a move...

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$EURUSD-more?

Currently @1.4174.  The cross  took out our R3 Target and the .618 Fibo.  We have a small rectangle  on the 60 minute chart which is biasing traders.  Great target at the R4 @ 1.4247. Look for a continuation through the .786...

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$AUDUSD-bull flag

Currently @1.0662.  The cross  took out our S3 Target and the .618 Fibo and has pulled back to the heart line.  Great target at the S4 @ 1.0586 IF it can break the 1.0600. Look for a bounce there due to the Day trend wall and...

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$GBPUSD-bull flag

Currently @1.6125.  The cross  took out our .786 fibo target and has pulled back forming a bull flag.  Great targets above the 1.270 Fibo @ 1.6306 and the R6 @ the 1.6390 area).  Needs to break the top @ 1.6155 and the...

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$EURUSD-bounce

Currently @1.4065.  The cross  took out our .500 fibo target during the night and now has pulled back.  Great targets above the .500 Fibo (.618 fibo @ 1.4169 and the R5 @ the 1.4215 area).  Needs to bounce at the 1.4042 to do...

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