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EURGBP Channel?

Bullish: Currently we are @ 0.8944 in a channel. We are looking for a continuation to the 1.270 Fibo @ 0.8956 and then a continuation to the ATR Target @ 0.8991. The average daily true range (ATR) for the pair currently is 50 pips but its 180-day ATR is 132 pips a day

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This is what I see in the Forex the week of June 23rd , 2019: USDX, EU,UJ,GU,AU

Note: USDX: We are Bearish to Bullish based on the current chart which may be totally opposite when the Market opens on Monday due to after hours trading. MACD is showing divergence at this time so we may have a continued thrust to the downside before resumption up. We are looking for a continuation to the range bottom then watch for a bounce. Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are slightly higher than last week last week, so look for them to increase further.

$EURUSD

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What I See in the Forex
What I See in the Forex
What I See in the Forex
What I See in the Forex
What I See in the Forex

GBPJPY breakout?

Bearish: Currently we are @ 136.49 attempting a breakout. We are looking for a continuation to the ATR target @ 135.86 and then a continuation to the Day bottom @ 135.60. The average daily true range (ATR) for the pair currently is 86 pips but its 180-day ATR is 132 pips a day.

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EURGBP breakout?

Bearish: Currently we are @ 0.8896 after a breakout. We are looking for a continuation to the ATR target @ 0.8860 and then a continuation to the 0.214 Fibo @ 0.8841. The average daily true range (ATR) for the pair currently is 49 pips but its 180-day ATR is 63 pips a day.

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GBPAUD breakout?

Bearish: Currently we are @ 1.8291 after completing an a-b-c corrective pattern. We are looking for a breakout below 1.8282 and then a continuation to the bottom @ 1.8120. The average daily true range (ATR) for the pair currently is 88 pips but its 180-day ATR is 175 pips a day.

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This is what I see in the Forex the week of June 16th , 2019: USDX, EU,UJ,GU,AU

Note: USDX We are Bullish. MACD is showing convergence up at this time but we may have a short thrust to the downside before resumption up. We are looking for a continuation to the range top. Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are all similar to last week, so look for them to increase further.

$EURUSD

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What I See in the Forex
What I See in the Forex
What I See in the Forex
What I See in the Forex
What I See in the Forex

EURJPY continuation?

Bullish: Currently we are @ 122.45 after completing a bounce on the range bottom. We are looking for a continuation initially to the 1.618 Fibo @ 123.47 and then continue to the 2.618 Fibo @124.83. The average daily true range (ATR) for the pair currently is 65 pips but its 180-day ATR is 85 pips a day.

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GBPUSD channel continuation?

Bullish: Currently we are @ 1.2744 after completing a corrective wave on the channel bottom. We are looking for a continuation initially to the ATR target @ 1.2795 and then continue to the 2.618 Fibo @1.2878z. The average daily true range (ATR) for the pair currently is74 pips but its 180-day ATR is 107 pips a day.

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eurjpy test blog

this is only a test

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GBPCHF Break up?

Bullish: Currently we are @ 1.2608 after completing a bounce on the range bottom. We are looking for a continuation initially to the 0.214 Fibo @ 1.2738 and then continue a move to the range top @1.3414. The average daily true range (ATR) for the pair currently is 84 pips but its 180-day ATR is 104 pips a day.

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