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Forex Strategy is Bearish: EUR/AUD is currently at 1.8830 in a breakout of slope support. We could still be in a tight range. If we continue to break support, we will look for a continuation of the...
Forex Strategy is Bullish to Bearish: EUR/AUD is currently at 1.7243 in a corrective move. We have convergence in play for the up-move. We are looking for a continuation to the ATR target at 1.7300...
Markets were quick to buy US Dollar after a minor correction as US CPI was released yesterday. This move might reflect expectations for the coming year, as a USD-positive policy mix under Trump is...
Forex Strategies Bullish: EUR/AUD is trading at @1.6303 at the time of writing, out of range in a cup and handle pattern that is bullish. We are looking to target the ATR target @ 1.6350. A further...
It appears that the EUR/AUD is currently in a 3rd wave within a channel, with a current value of 1.6824. If we see a breakout of the slope support, we could potentially see a continuation towards the...
EUR/AUD currently @ 1.6402 after topping out and making the turn. We are looking for a continuation to the ATR @ 1.6333 with the overall target the 2.618 Fibo @ 1.6321. Watch the USDX for direction....
Bullish: We are currently at 1.6360 after the breakout of the bear channel We are looking for a continuation to the ATR @ 1.6444 with the overall target the 2.618 Fibo @ 1.6525.Watch the USDX for...
Note: ISM Services PMI is this AMBearish: EUR/AUD is currently at 1.6201 in a flag pattern (bearish) in the channel. If we can break the flag, we are looking for a continuation to the 2.270 Fibo at...
Bullish EUR/AUD: We are currently at 1.6495 just out of the flag pattern. We are looking for a continuation to the 1.000 Fibo at 1.6533 with the overall target ATR target at 1.6579. Watch the USDX for...
Bearish: EUR/AUD is currently at 1.6275 at the start of a channel. If we can break the support here, we are looking for a continuation to the ATR target at 1.6142 with a further target the 2.618 Fibo...
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