Currently we are @ 82.25.  We are barely out of the uptrend so it is not yet time to call it for the bears. A break or bounce of the .618 Fibo @ 81.95 will tell the tale.  Above that we are still bullish but a significant break and we will concede to the bears.    Targets up are 83.00 and  the resistance  @ 83.28.  A breakdown targets the S5 @ 80.40 area.  …

Currently we are @ 1.0394 .  As expected the cross broke to the 1.0400 area and then continued.  A break of the .786 Fibo @ 1.0383 and the   Targets are: the support @ 1.0354  then the double bottom @ 1.0336 area.  …

Currently we are @ 83.11 .  Cross is in a definite up trend with very reachable targets.  Target are: the R3 @ 83.42 then resistance @ 83.85-83.98 area.  Upper target is the R4 @ 84.32.  A break down would target the 82.00 area.…

Currently we are @ 1.0524 .  Cross is in a definite downtrend and continues to make lower lows and highs – expecting the same on this rally.  We like the short here anytime.   Lower target is the 1.0389 (support).  A break out would target the 1.0600 area.…

$EURUSD

WHAT Forex Target Traders SEE:  We are currently sitting @ 1.3270.  We are looking to become bearish from here.  The EURUSD is in a sideways move on the day chart and there are much better opportunities in other crosses.  The initial downside targets are the 0.382 Fibo @ 1.3183 to 0.618 Fibo @ 1.3114. The average daily trading range for the cross currently is 112 pips.…

Currently we are  @ 0.9112 after bouncing on former support @ 0.9079.    Cross is in a definite downtrend and continues to make lower lows and highs.  Friday being square up day it remains to be seen if they will bounce here instead of break down.  We like the short but due to Friday are prepared for both.   Lower target is the 0.92037 (-.270 Fib extension) . A pullback would target the 0.9136 .618 Fibo.…

Currently we are  @ 0.9166.    We may see a sideways move before resumption to the R3 target @ 0.9221 due to strong resistance @ 0.9179.   Upper target is the 0.9245 Resistance . A pullback would target the 0.9150 Support.…

Currently we are  @ 84.01.    If we can break the 84.01 top we are looking for the next targets: -0.270 Fibo @ 84.75 and then the 87.55 -0.618 Fib extension.  A failure to break here look to the .382 fibo @ 83.33.…

Currently we are  @ 0.8169.    We have headed  to the bottom of a large rectangle so we expect the bounce here.  With the potential H&S we could see the bounce north to the 0.8294  R4  area and further targets  to the 0.8324 support.  A failure to bounce look to the 0.7971 trendline.…

Currently we are  @ 1.0584.  We have come to the bottom of a rectangle so we expect the bounce here.  Looking to bounce north to the 1.0657  R4  area and further targets  to the 1.0697 (.382 Fibo).…

$EURUSD

WHAT Forex Target Traders SEE:  We are currently sitting @ 1.3175.  We are treating this last move as a pullback which may top out @1.3200.  We are looking to become bearish from her all the way to 1.3300 if it were to go that high. The initial downside targets are the S5 @ 1.3144 to support @ 1.3033.  The average daily trading range for the cross currently is 127 pips.…

Currently we are  @ 0.9225.    We have come to the bottom of a bear flag.  Looking to break south after the announcement and then a possible  bounce on the .786 fibo @ 0.9182.   IF we get a continuation ( this is Freaky Friday ) we are looking to bottom out around the 0.9169 R4  area but we could extend to the 0.9149. a bounce at the trendwall would likely go to the 0.9216 area.…

Currently we are  @ 109.03.    We have come to the bottom of a rising wedge.  Although the cross could certainly bounce here back to the R5 @ 109.41 we expect it to continue on and break out.  We are looking to bottom out around the 108.37 area but we could extend to the 108.00. We will look to bounce there.…

Currently we are  @ 83.57.    We are building a rising wedge which will increasingly become bearish. We are looking to top out around the 84.00 area but we could extend to the 84.24. We are bullish currently on the cross to the 84.00. …

Currently we are  @ 108.34  after breaking the bull flag and then the downtrend wall. We are looking for a bounce here past the 108.73 top. Once that is cleared look to the R5 target @ 109.42.   A failure to bounce targets a move back into the trend and the R4 @ 108.00 area.  We are bullish currently on the cross. …

$EURUSD

WHAT Forex Target Traders SEE:  We are currently sitting @ 1.3115.  We are looking to continue to the downside past the S5 @ 1.3088 to support @ 1.2976.  We should get a bounce there before resumption to the double bottom @ 1.3084. We favor selling on the Rallies.  The average daily trading range for the cross currently is 118 pips.…

Currently we are @ 82.09 after breaking the top. We may see a pullback or sideways move before resumption to the0.618 Fibo target @ 82.46.  Looking for another top @ 82.50 area.…

Currently we are @ 1.3242 after breaking out of the downtrend. The first pulse took the cross to the -0.270 Fibo @ 1.3260.  We may see a pullback or sideways move before resumption to the R4 target @ 1.3330.…

$NZDUSD Reversal– Trade Recap

Those in the live NY  #Live training room got this #trade setup today +50 pips 

Currently @ 0.9191 after breaking out of the downtrend and bouncing on the R4 @ 0.9168.  A break of the bull flag puts the cross on a path to the -0.270 Fibo @ 0.9223 with further targets @ the R5 and -0.618 Fibo @ 0.9304.  A failure to break the 0.9200 resistance look for a correction back down to the R4 @ 0.9168.…