Note: Unemployment claims was positive

Bullish: We are currently @ 131.61 after putting in a double bottom. We are in a range. We are looking for a continuation to the 1.000 Fibo @ 132.88 with a further target at the ATR target @ 133.36. We have divergence in play for the move. Watch the USDX for direction. The average daily true range (ATR) for the pair is 192 pips and it’s 180 day average is 187 pips per day. USDX is currently moving up.

Bearish: We are currently @ 0.6683 after the breakout of the slope support. We are in a range. We are looking for a continuation to the ATR target @ 0.6590 with a further target @ the 1.000 Fibo @ 0.6514. ...

Bearish: We are currently @ 0.9238 after the breakout of the flag pattern. We are in a range. WE are looking for a continuation to the ATR target @ 0.9194 with a further target @ the 1.618 Fibo @ 0.9137. ...

Note: Unemployment claims was positive

Bearish: We are currently @ 155.85 after the pullback in a range and a channel. We are looking for continuation to the ATR target @ 158.81 area with a further target at the 0.618 Fibo ...

Bullish: We are currently @ 0.6687 after the pullback in a range and a channel. We are looking for continuation to the ATR target @ 0.6750 area with a further target at the 1.618 Fibo @ 0.6780. We have convergence ...

Bullish: We are currently @ 1.2091 after the pullback in a range and a channel. IF we can break resistance here, we are looking for continuation to the 1.000 Fibo/ATR target @ 1.2224 area. We have convergence in play for ...

Bearish: We are currently @ 1.5952 after making the turn in a range and a new channel. IF we can break support here, we are looking for continuation to the 1.000 Fibo @ 1.5922 area and then the ATR/1.618 Fibo ...

Note: ADP was positive

Bearish: We are currently @ 144.56 after making the turn in a range and a channel. IF we can break support here, we are looking for continuation to the ATR target @ 143.66 area and then ...

Note: Powell speaks today

Bearish: We are currently @ 1.1991 after making the turn in a range. With this breakout, we are looking for continuation to the ATR target @ 1.1907 area and then the 0.1000 Fibo @ 1.1847. We ...

Bullish: We are currently @ 144.70 after making the turn in a range. We are looking for continuation to the ATR target @ 145.50 area and then the 0.1000 Fibo @ 145.80. This is a significant top so cover your ...

Note: ISM Manufacturing PMI today

Bearish: We are currently @ 163.35 after making the turn in a range. We are looking for continuation to the 1.000 Fibo/ATR target @ 162.00 area and then the 0.500 Fibo @ 161.37. We have ...

Note: Consumer Confidence today

Bullish: We are currently @ 1.2117 in a channel in a range. IF we break this resistance, we are looking for continuation to the 1.000 Fibo @ 1.2174 area and then the ATR target @ 1.2186. ...