$USDCAD- Trying to go?
Currently we are at 1.0324. IF we can break this top we are we are looking for a move to the 1.0363 Day top and then a continuation up to the R5 resistance @ 1.0397. We are bullish. The current average daily trading range (ATR) is 65 pips.…
ContinueAdded by Scott Barkley on May 22, 2013 at 1:34pm — 1 Comment
$AUDUSD- will it go?
Currently we are at 0.9788 trying to break out of a bear flag.. We are looking for an initial move to the double bottom @ 0.9711 then a continuation up to the S7 support @ 0.9596. Watch for a bounce there. The current average daily trading range (ATR) is 101 pips.…
ContinueAdded by Scott Barkley on May 21, 2013 at 1:01pm — No Comments
$EURUSD- next target?
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.…
ContinueAdded by Scott Barkley on May 20, 2013 at 1:16pm — No Comments
$AUDUSD- next target?
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.…
ContinueAdded by Scott Barkley on May 17, 2013 at 1:01pm — No Comments
$EURUSD- breakout?
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.…
ContinueAdded by Scott Barkley on May 16, 2013 at 1:06pm — No Comments
$AUDUSD- next?
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.…
ContinueAdded by Scott Barkley on May 14, 2013 at 12:49pm — No Comments
$NZDUSD- short?
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.…
ContinueAdded by Scott Barkley on May 13, 2013 at 1:03pm — No Comments
$EURUSD- breakout?
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.…
ContinueAdded by Scott Barkley on May 10, 2013 at 12:57pm — No Comments
$NZDJPY- bounce?
Currently we are at 83.61. We are looking for a break above the R3 @ 83.71 and then a continuation up to the R4 resistance @ 84.60. The current average daily trading range (ATR) is 139 pips.…
ContinueAdded by Scott Barkley on May 9, 2013 at 12:49pm — No Comments
$Eurjpy- breakout?
Currently we are at 129.79.. We are looking for a bull flag breakout above 130.00 to the 3rd wave resistance (R5) @ 130.82 then a continuation up to the resistance @ 131.15. The current average daily trading range (ATR) is 193 pips.…
ContinueAdded by Scott Barkley on May 8, 2013 at 12:56pm — No Comments
$EURAUD- breakout?
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.…
ContinueAdded by Scott Barkley on May 7, 2013 at 1:09pm — No Comments
$AUDUSD- breakout?
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.…
ContinueAdded by Scott Barkley on May 6, 2013 at 1:04pm — No Comments
$EURAUD-breakout?
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.…
ContinueAdded by Scott Barkley on May 3, 2013 at 1:41pm — No Comments
$NZDJPY- breakout?
Currently we are at 83.36 and the long awaited bounce has occurred . We are looking for a break of the wedge and then a move above the 83.65 would target the R5 @ 84.32. After that a continuation up to the 0.214 fibo @ 85.16. The current average daily trading range (ATR) is 158 pips.…
ContinueAdded by Scott Barkley on May 2, 2013 at 1:18pm — No Comments
$USDJPY- breakout?
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.…
ContinueAdded by Scott Barkley on May 1, 2013 at 1:05pm — No Comments
$USDCAD- breakout?
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.…
ContinueAdded by Scott Barkley on April 30, 2013 at 1:05pm — No Comments
$AUDUSD- breakout?
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.…
ContinueAdded by Scott Barkley on April 29, 2013 at 1:19pm — No Comments
Target Trading in the Forex upcoming week of April 28th ,2013
$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. …
ContinueAdded by Scott Barkley on April 27, 2013 at 2:16pm — No Comments
$GBPNZD- TOP??
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 3rd wave R5 resistance @ 1.8311. There are multiple tops in place at the 1.8245 area. …
ContinueAdded by Scott Barkley on April 26, 2013 at 1:08pm — No Comments
$AUDUSD- breakout?
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.…
ContinueAdded by Scott Barkley on April 25, 2013 at 12:52pm — 4 Comments
2013
2012
2011
2010
1999
© 2013 Created by FXstreet.
