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$GBPUSD –watch the tops

Currently we are at 1.6160 and have just broken out of the R4 Resistance area. The target is the 1.6200 and will look for bulls to come in if we break that. The big target is theR5 Top at the 1.6305 area but with NFP this week...

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$ EURUSD– breakout?

Currently we are @ 1.3003 after the break of the down trend. The expected move is up first to the R4 resistance zone in the 1.3038 area. A break here suggests a move to the R5 @ 1.3182 . The daily ATR (Average True Range) is 81...

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$ USDCHF– bounce or break?

Currently we are @ 1.3053 after the break of the rising wedge which is bearish for the pair. The expected move is down to the .382/.500 Fibo in the 0.9332-0.9306 area. A break here suggests a move to the R1/.786 Fibo @ 0.9273. A...

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$USDCHF– watch the tops?

Currently we are @ 0.9376 and sitting on the support-which is bullish for the pair. The expected move is up to the resistance zone in the 0.9414-0.9427 area. A break here suggests a move to 0.9467. The daily ATR (Average True...

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$EURAUD– break?

Currently we are @ 1.2476 after the break of the support and the .618 Fibo-which is bearish for the pair. The expected move is first to the resistance zone in the 1.2435-2456 area. A break here suggests a move to the 1.270 Fib...

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$EURAUD–Descending Wedge?

Currently we are @ 1.2503 inside the wedge and on the S4 support which is bearish for the pair. The expected move is to the support zone in the 1.2439-2450 area. A break there suggests a move to the...

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$GBPCHF–Big Move?

Currently we are @ 1.4850 after the break of inside a descending wedge. A break here suggests a move to the 1.270 Fib extension @ 1.4775 with an overall target this week to the S6 @...

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$EURJPY–breakdown?

Currently we are @ 103.35 after the break of the rising wedge which is bearish for the pair. The expected move is down first to the .382 Fibo @ 102.96. A break here suggests a move to the S3/ .500 fibo @ 102.59-102.70 . Watch...

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