The Week Ahead

Forex Trading the week of 11/08/2026: USDX, EU,UJ,GU

Forex Trading the week of 11/08/2026: USDX, EU,UJ,GU

Scott BarkleyNov 7, 2026

1 min read

Note: Low week for fundies0!!!!!

USDX:

Forex Strategies Bullish to Bearish: We are oscillating off equilibrium in a tight range. The pairs should prove it out when the market opens. All of this could change in a heartbeat and will affect the currencies below. ATR’s are about the same as last week. BE SMART - TRADE WITH STOPS!!!!

usdx
usdx

EURUSD

Forex Strategies Bearish: We are currently @ 1.1137 on the day chart bottom.    We are looking for a continuation to the1.618 Fibo @ 1.1016.  The ATR for the pair currently is 60 pips and its 90-day average is 54 pips.  NOT TRADEABLE!

EURUSD
EURUSD

USDJPY

Forex Strategies Bullish to Bearish: We are currently @ 158.54. We are oscillating off equilibrium in a tight range We are looking for a reversal back to EQ @ 157.53.  The average daily true range (ATR) for the pair 89 pips and it 90-day average is 108 pips.

USDJPY
USDJPY

GBPUSD

Forex Strategies: Bearish:  We are currently @ 1.3350 after a ABC pullback. We are looking for a continuation to the Day chart bottom @ 1.3178.   The average daily true range (ATR) for the pair currently is 63 pips and it 90-day average is 66 pips.  NOT TRADEABLE!

GBPUSD
GBPUSD

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