Currently we are at 1.2852.  We have had  a small retracement at the S5 so are looking for the continuation to the Day chart bottom @ 1.2738 and then the 1.618 support  @ 1.2710. We are bearish.    The current average daily trading range (ATR) is 109 pips.…

Currently we are at 0.9733 on the 1.270 fibo.  We are looking for a continuation down to the 1.618 Fibo support @ 0.9665. Market has a tendency to square up on Friday so be aware of that in the mix.  The current average daily trading range (ATR) is 87 pips.…

Currently we are at 1.2910 reacting to the Announcements.  We are looking for a small retracement to the 0.500 Fibo @ 1.2936 and then on to the 1.2800 number.  The retracement could end up a pullback to the S4 @ 1.3011 so keep that in mind. The current average daily trading range (ATR) is 105 pips.…

Currently we are at 0.9914.  We are close to our  S6 target (0.9889) and looking for a small retracement on the bounce and then a continuation to the (psychological) support @ 0.9800.  The current average daily trading range (ATR) is 87 pips.…

Currently we are at 0.8274.  We are looking for a sideways move and then a break to the confluence of the S5 and 2.618 Fibo @0.8200-8214 area.  The current average daily trading range (ATR) is 88 pips.…

Currently we are at 1.2995.  IF we can break this support, we are looking for a continuation to the support @ 1.2892 and then the S5  support  @ 1.2868. The current average daily trading range (ATR) is 110 pips.…

Currently we are at 129.79..  We are looking for a bull flag breakout above 130.00  to the 3^rd wave resistance (R5)  @ 130.82  then a continuation up to the resistance @ 131.15.    The current average daily trading range (ATR) is 193 pips.…

Currently we are at 1.2908. We are looking for a retracement and  then a continuation up to the Wave 1 R6 Resistance @ 1.2975 then the R4 Resistance later @ 1.2967. We are bullish.    The current average daily trading range (ATR) is 106 pips.…

Currently we are at 1.0236..  We are looking for a breakdown to the  lower trend wall at around 1.0176 and then a small retracement for a continuation to theS5 support  @ 1.0116.  The current average daily trading range (ATR) is 76 pips.…

Currently we are at 1.2760  and the C part of an A-B-C should get underway after NFP  .  A couple of different scenarios.  1:  a bounce @ 1.2750  for a double top @ 1.2850.  2: A break of the uptrend line would trigger shorts to at least the .214 Fibo support @ 1.2626. The average daily true range (ATR) for the pair currently is 103 pips.…

Currently we are at 97.12  and the long awaited breakout has occurred .  We are looking for a small retracement back to the 618 Fibo@ 97.47 then a continuation first  to the top  @ 96.83 and then the S5 Support @ 96.18. The current average daily trading range (ATR) is 120 pips.…

Currently we are at 1.0106  and testing a break of the bottom.  A break here would target the S4 and Support @ 1.0050 area.   We are could get a bounce and retracement to  the S3 @ 1.0152  then a continuation down. We are bearish.    The current average daily trading range (ATR) is 53 pips.…

Currently we are at 1.0343  and the long awaited breakout has occurred  .  We are looking for a small retracement at the R3 @ 1.0366  then a continuation up to the resistance @ 1.0460.  The pullback may show this to only be a correction for a continued down move so watch that. The current average daily trading range (ATR) is 92 pips.…

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3042 in a wedge so this could go either way.  A couple of different scenarios.  1:  bull move- a break to the S5 @ 1.2892 with resistance at 1.3150  2: Bear move- a break to the R3 @ 1.3099 with support at 1.2846.  The average (14 day) daily true range (ATR) for the pair currently is 99 pips. …

Currently we are at 1.8183  and headed to the top.  We are looking for a continuation to the resistance  @ 1.8245  then a continuation next week  up to the 3^rd wave R5 resistance @ 1.8311.  There are multiple tops in place at the 1.8245 area.  …

Currently we are at 1.0334  and the long awaited breakout has occurred  .  We are looking for a small retracement at the R3 @ 1.0365  then a continuation up to the resistance @ 1.0421 and then the R4 Resistance later @ 1.0454. We are bullish.    The current average daily trading range (ATR) is 95 pips.…

Currently we are at 98.90 and the long awaited bounce may be here.  We are looking for a continuation up to the double top resistance @ 99.97 and then the R5 Resistance later @ 101.91. We are bullish.    The current average daily trading range (ATR) is 157 pips.…

Currently we are at 1.3376  after breaking out of the uptrend.  Remains to be seen if this is a false breakout but it pays to be ready.  We are looking for a continuation to the support @ 1.3291 and then a bounce there.     The current average daily trading range (ATR) is 112 pips.…

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3059 in a sideways move .  We are looking at this current move as a bear flag so looking to get long near the .500 Fibo @ 1.2945 area but we could get a fall to the .618 @ 1.2900 before the bounce.  We can see a head and shoulders pattern in force. The average (14 day) daily true range (ATR) for the pair currently is 109 pips. …

Currently we are at 129.77.  We are at the first wave  R6/.214 Fibo and  looking for a continuation to the double 1.270 Fibo @ 130.87 and then the third wave R6 @131.13. We are bullish.    The current average daily trading range (ATR) is 200 pips.…