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EURNZD continuation?

Bearish: Currently we are @ 1.7145 in a channel in a Big Range. We are looking for a continuation initially to the ATR target @ 1.7061 and then the square up @ 1.6945. The average daily true range (ATR) for the pair currently is 123 pips and its 180-day ATR is 113 pips a day.

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GBPJPY continuation?

Bullish: Currently we are @ 132.57 in a channel in a Range. We are looking for a continuation initially to the ATR target @ 133.92 and then watch for a strong pullback or reversal. The average daily true range (ATR) for the pair currently is 150 pips and its 180-day ATR is 126 pips a day.

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EURJPY continuation?

Bullish: Currently we are @ 118.02 in a channel in a Range. We are looking for a continuation initially to the ATR target @ 118.64 and then to the 0.500 Fibo @ 119.52 with an overall target the square up @ 120.37 area. Watch for a reaction there. The average daily true range (ATR) for the pair currently is 85 pips and its 180-day ATR is 126 pips a day.

 

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This is what I see in the Forex the week of September 8th, 2019: USDX, EU,UJ,GU,AU

Note: USDX: We bullish based on the current chart which may be totally opposite when the Market opens on Monday due to after-hours trading. We are looking for a reaction at this top for a move to the upside. We have divergence for a continuation on the 60-minute MACD (inset) for the up move and at the bottom of the channel. Below is based on the up move. Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are roughly the same as last week with the exception of the GBPUSD.

$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

EURUSD corrective move continuation?

Bullish to Bearish: Currently we are @ 1.1061 in a channel in a Range. We are looking for a continuation initially to the ATR target @ 1.1093 and then to the channel wall @ 1.1093 area. Watch for a reaction there. The average daily true range (ATR) for the pair currently is 143 pips and its 180-day ATR is 108 pips a day.

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EURAUD channel continuation?

Bearish: Currently we are @ 1.6247 in a channel in a Range. We are looking for a continuation initially to the ATR target @ 1.6194. The average daily true range (ATR) for the pair currently is 143 pips and its 180-day ATR is 108 pips a day.

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This is what I see in the Forex the week of September 2nd, 2019: USDX, EU,UJ,GU,AU

Note: USDX: We cautiously bullish based on the current chart which may be totally opposite when the Market opens on Monday due to after-hours trading. We are looking for a reaction at this top for a move to the downside or to the upside. We have convergence for a continuation on the 60-minute MACD (inset) for the up move but we are at a significant top. Be prepared for either reaction. Below is based on the up move. Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are lower than last week.

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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 triangle break?

Bullish: Currently we are @ 129.90 in a symmetrical triangle in a Range. IF we can break resistance here, we are looking for a continuation initially to the ATR target @ 130.87. The overall target is the square up @ 131.62 area. The average daily true range (ATR) for the pair currently is 142 pips and its 180-day ATR is 124 pips a day.

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EURNZD Range opportunity?

Bearish: Currently we are @ 1.7439 in a Range. IF we can break support here, we are looking for a continuation initially to the 0.214 Fibo @ 1.7619. The overall target is the 1.7224 area. The average daily true range (ATR) for the pair currently is 157 pips and its 180-day ATR is 115 pips a day.

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