$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. …

$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. …

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3103 .  We got the break out to the upside and now long inside a channel.  We are looking for a continuation to the day chart congestion area @ 1.3268.   The average (14 day) daily true range (ATR) for the pair currently is 77 pips. …

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3009 .  We got the break out to the upside and now waiting for a correction before going long.  We are looking for a continuation to the R5/ resistance @ 1.3129.   The next major target above  is the -01.270 fib extension @ 1.3238s.  The average (14 day) daily true range (ATR) for the pair currently is 102 pips. …

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.2822 .  We are in a correction which indicates a continuation to the downside trend wall.  We are looking for a continuation to the S7/ support @ 1.2725.   We could have a short move to the upside trend wall first however.  The next major down target is the -01.270 fib extension @ 1.2843.  The average (14 day) daily true range (ATR) for the pair currently is 93 pips. …

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.2985 .  This could still be a false breakout so keep that in mind when looking to go long.  We are looking for a small pullback and then a continuation to the R5/ resistance @ 1.3220.   If it is a false breakout - the down target is the double bottom @ 1.2843.  The average daily true range (ATR) for the pair currently is 115 pips. …

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3058  after a breakout of the down trend wall.  We still need to put a bottom in on this new trend so watch for the pullback first and then the bounce for the move to the R4 resistance @ 1.3152. A false breakout to downside targets the double bottom @ 1.2911. The average daily true range (ATR) for the pair currently is 114 pips. …

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3018 after testing  the psychological 1.3000 to the downside. We are looking for a small pullback and then a continuation to the wave 3 S6 support @ 1.2913  at the least and a bounce is possible there.   The down target on a continuation is the bottom @ 1.2718.  The average daily true range (ATR) for the pair currently is 112 pips. …

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3180 after breaking the day chart trend line to the downside. We are looking for a continuation to the S6 support @ 1.3090  at the least and a bounce is possible there.   Be aware that they may bounce it now back to the day chart trend and then go from there.  The down target on a continuation is the bottom @ 1.3000.  The average daily true range (ATR) for the pair currently is 114 pips. …

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3355  in a wedge at the bottom of the day chart trend wall.  If we get the bounce out of the wedge look for the move to the 1.3483  and then we are bullish up to 1.3572.  A breakout to downside targets the S6 @ 1.3106. The average daily true range (ATR) for the pair currently is 109 pips. …

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3363.  Although currently the 240 trend is down we are approaching the day chart trend line to the upside. We are looking for a bounce at the least and a reversal is certainly possible.  The key area IF we get the bounce will be the 0.618 Fibo @ 1.3432.   The down target on a continuation is the bottom @ 1.3270.  Up target on a breakout is the 1.3569 area. The average daily true range (ATR) for the pair…

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3663.  We are looking for a pullback, probably to the .500 Fibo @ 1.3488 and then a move to the Fib extension cluster @ 1.3833.  Overall target is the 1.3985 area. The average daily true range (ATR) for the pair currently is 89 pips.…

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3405.  We wrote last week “A break up targets the 1.3483 area”- we topped out at 3484.  We are looking for a pullback, probably only to the .382 Fibo @ 1.3399 and then a move to the 3^rd wave R4 @ 1.3500.  Overall target is the 1.3600 area. The average daily true range (ATR) for the pair currently is 100 pips.…

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3308.  We could have a deeper retracement before the up move but staying a buyer above 1.3100 and looking to buy on dips if we find a bounce point.    A break up targets the 1.3483 area.  The average daily true range (ATR) for the pair currently is 100 pips. …

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3393 in the strongest rally since last August.  Expecting to top soon – may be now but maybe not until the R6 @ 1.3506.  If the current move does continue we will look for the day chart top @ 1.3484 then the R6 target. A breakdown targets the 1.3063 area.  The average daily true range (ATR) for the pair currently is 94 pips. …

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3072 strong correction.  Expecting to start the process of building an uptrend which would need a thrust upward and then a pullback to a higher low.  Any thrust upward should be approached cautiously since it might only be a pullback to keep the down move intact.  Prefer to sit on the sidelines for a while. If the current move does prove to be a false breakout we will look for a retrace to the 0.214 Fibo/R4 @…

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3222  in a retracement.  Looking for the bounce around 1.3100  and then we are bullish up to 1.3400.  A pullback or reversal that breaks the 1.3150 would invalidate this. The average daily true range (ATR) for the pair currently is 77 pips. …

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3175  after a breakout of the uptrend.  If the move does not prove to be a false breakout we will look for a retrace to the 0.786 Fibo @ 1.2969.  If we do move back into the trend ( this is an a-b-c move) we will look to the resistance  @ 1.3351.   We are bearish below 1.3143. The average daily true range (ATR) for the pair currently is 80 pips. …

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.3172  after an impressive upside move.  We are right at the day chart trend line so traditional wisdom says look for the bears.  We are not so sure!  Wave 2 was very shallow so that may lend credibility that this is only wave 3 of the up move so it is prudent to prepare for a breakout and trade the longs or the short once it is proven.  Expecting a pullback at current levels and then continuation to the upside…

$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.2927  after a bounce on the .500 fibo.  Expecting a bounce and then continuation to the downside first to the support @ 1.2869.   We are bearish below 1.3000 and waiting for the pullback to finish. A break of the .618 Fibo and we should see downward traction to the confluence of the S5 and .86 Fibo @ 1.2750 area. The average daily true range (ATR) for the pair currently is 74 pips. …