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Author: NULL

$USDCHF-Oddity

We have taken out the double bottom target @0.8350 and the market is currently approaching the heartline of the trend @ 0.8392 (currently @ 0.8369). The dollar has been dominant lately in the majors except for the swissy. ...

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$EURJPY-Break Down

We have taken out the downtrend trend line target form yesterday and the market is respecting it to the downside. Currently sitting at 115.24.  We will expect follow through to the support @ 114.81 then 114.69. A break of...

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$NZDUSD-Breaks North

We have broken out of the downtrend to the upside and currently sitting at 0.8120.  We also took out the .500 Fibo @ 0.8139 after the break. We will expect follow through to the R4 Resistance @ 0.8204. Should see some...

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$EURUSD – breaks south

We have moved below the S5 @ 1.4332.  Currently sitting at 1.4282.  We will expect follow through to the 0.618 Fibo (also support) @ 1.4252. Should see some stalling there before continuation to the 1.4171...

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$AUDUSD – Tops Out

We have moved out of the downtrend and  looking for a top at 1.0672. Currently sitting at 1.0657.  We will expect a correction back  to the S1 @ 1.0614. This is looking like a false breakout not a true...

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$EURUSD-continuation

We have moved down to the bottom of the channel and then bounced.  Currently sitting at 1.4474.  We will expect a continuation to the downside to the  0.382 Fibo @ 1.4418 area and maybe to the 1.4404 where we have...

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$NZDUSD-Channel Surfing

We have moved down to the bottom of the channel but still firmly in an uptrend.  Currently sitting at 0.8156.  We will expect a test to break down to the trend line @ 0.8130 area.  Look for a bounce there. ...

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$EURUSD- bulls are back

As we thought the bull flag would propel the cross to the R5 @ 1.4684.  We hit that to the pip.  Currently sitting at 1.4660.  The cross has pulled back slightly in this uptrend but will expect a test to break the...

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