Bullish: Forex Strategies: Currently we are at 188.47 in a channel. We are looking for a continuation up to the 1.000 Fibo @ 189.97 and then the ATR target @ 190.92. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 360 pips per day and it’s 90 day average is 191 pips per day. My Forex Analysis says USDX is currently up.

Hi Y'all

I am on vacation this week so will not be posting. Thanks for your understanding.

Scott Barkley

ProAct Traders LLC

Note: ISM Manufacturing today

Bullish: Forex Strategies: Currently we are at 192.88 after finishing 5 wave to the downside. We are looking for a continuation up to the ATR target @ 193.44 AFTER a pullback. Watch the USDX for direction, ...

Note: FOMC today

Bearish to Bullish: Forex Strategies: Currently we are at 1.8285 in a possible 3rd wave in a channel. We are looking for a continuation to the ATR target @ 1.8200. Will look for a 4th wave bounce ...

Note: JOLTS and Consumer Confidence today

Bullish: Forex Strategies: Currently we are at 154.97 out of the triangle. We are looking for a continuation to the ATR target @ 155.71. The Triangle target is the 1.270 Fibo @ 156.70. Watch ...

Bearish: Forex Strategies: Currently we are at 1.1443 just out of the flag. We are looking for a continuation to the Flag target @ 1.1361. Watch the USDX for direction as it could negate all of this. The average daily ...

Bearish: Forex Strategies: Currently we are at 1.9513 at the top of a big range. We have a rising wedge indicating the reversal. IF we can break the wedge (this may be early), we are looking for a continuation to ...

Note: US unemployment claims was negative today

Bearish: Forex Strategies: Currently we are at 2.1382 in a big range. IF we can break the support, we are looking for a continuation to the ATR Target @ 2.1248. There is a ...

Bearish: Forex Strategies: Currently we are at 172.78 in a range. IF we can break the slope support, we are looking for a continuation to the ATR Target @ 171.82. There is a significant support @ 171.36 - watch that ...

Bearish: Forex Strategies: Currently we are at 107.08 in a range. IF we can break the support, we are looking for a continuation to the ATR Target @ 106.50. There is an S5/0.382 Fibo @ 105.54- watch that area. We ...

Note: CPI was negative today

Bearish: Forex Strategies: Currently we are at 1.9041 in a range. IF we can break the slope support, we are looking for a continuation to the ATR Target @ 1.8982. There is a 0.618 Fibo ...

Note: FED Chair Powell speaks today

Bearish: Forex Strategies: Currently we are at 1.8990 in a 5th wave in a channel. IF we can break the slope support, we are looking for a continuation to the ATR Target @ 1.8319. ...