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GBPJPY trying to break down

Bearish:  We are currently @ 164.46 at the top of the range.   We have divergence for the short. IF we can break the 164.29 support, we are looking for an initial move to the former day chart top @ 163.74 area and then the ATR target @ 162.93. Watch the USDX for any change in direction. The ATR for the pair currently is 165 pips per day and its 180 day average is 136 pips per day. USDX is currently up at the time of this post.  
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GBPCHF Poised to start up

Bullish:  We are currently @ 1.2148 after a bounce on the bottom of the range.   We are looking for an initial move to the ATR target @ 1.2207 area and then the 0.618 Fibo @ 1.2218. Watch the USDX for any change in direction. The ATR for the pair currently is 76 pips per day and its 180 day average is 77 pips per day. USDX is currently up at the time of this post.  
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GBPUSD bouncing off the range

Bullish:  We are currently @ 1.3025 in a range with multiple attempts to break the bottom.   We have a falling wedge which is bullish so we are looking for an initial move to the ATR target @ 1.3112 area and then the 0.382 Fibo @ 1.3169. Watch the USDX for any change in direction. The ATR for the pair currently is 82 pips per day and its 180 day average is 83 pips per day. USDX is currently threatening down at the time of this post.  
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GBPCHF continuing the channel

Bearish:  We are currently @ 1.2163 in a channel after making the turn.   We are looking for an initial move to the Day chart support @ 1.2119 area and then the ATR Target @ 1.2064. Watch the USDX for any change in direction. The ATR for the pair currently is 84 pips per day and its 180 day average is 79 pips per day. USDX is currently threatening down at the time of this post.  
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This is what I see in the Forex the week of April 10th , 2022: USDX, EU,UJ,GU,AU

Note: USDX: Waiting–We are ranging and at the top of the range.   Above 100.83, we should go back up to 101.833.  It takes a lot of candles to turn the USDX as shown, so the down move might take a little while.  The USD 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 lower than last week with the exception of the USDJPY. BE SMART - TRADE WITH STOPS!!!!

EURNZD continuing the channel

Bullish:  We are currently @ 1.5826 in a channel.   We are looking for an initial move to the ATR target @ 1.5902 area and then the 0.214 Fibo @ 1.5975. Watch the USDX for any change in direction. The ATR for the pair currently is 154 pips per day and its 180 day average is 136 pips per day. USDX is currently threatening down at the time of this post.  

 

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EURJPY Trend Breakout

Bullish:  We are currently @ 135.34 in a channel after the trend breakout.  We are looking for an initial move to the ATR target @ 136.30 area and then the 0.214 Fibo @ 136.84. Watch the USDX for any change in direction. The ATR for the pair currently is 154 pips per day and its 180 day average is 136 pips per day. USDX is currently down at the time of this post.  
#EURJPY

 

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USDJPY trying to go to the top

Bullish:  We are currently @ 122.99 in a channel after consolidation.  We are looking for an initial move to the ATR target @ 124.15 area and then the R7 @ 124.52. Watch the USDX for any change in direction. The ATR for the pair currently is 134 pips per day and its 180 day average is 112 pips per day. USDX is currently up at the time of this post.  

 

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GBPUSD poised to continue the channel

Bearish:  We are currently @ 1.3114 in a channel after an a-b-c correction.  We are looking for an initial move to the ATR target @ 1.3003 area and then the S5 @ 1.2923. Watch the USDX for any change in direction. The ATR for the pair currently is 97 pips per day and its 180 day average is 89 pips per day. USDX is currently up at the time of this post.  

#GBPUSD

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