EUR/USD: We are currently sitting at 1.1367. Structure shows a 3rd wave completion. We are looking for a correction and then resumption to the day chart top at 1.1473. The average daily true range (ATR) for the pair currently is 99 pips.
USD/JPY: We are currently at 122.10 with a 3rd wave most likely completed. We are looking to correct to 123.00 and then a continuation to 121.50. The average daily true range (ATR) for the pair currently is 64 pips.
GBP/USD: Sterling currently still choppy and ranging. The ascending wedge suggests a move to the top and perhaps once out we will see some trending moves. Overall target is the R5 at 1.5942. The average daily true range (ATR) for the pair currently is 91 pips.
AUD/USD: A great smooth currency for newbies! Aussie is at 0.7331 and still ranging. Target up is 0.744- target down is 0.7211 with a further target at the 0.618 Fibo at 0.7082. The average daily true range (ATR) for the pair currently is 86 pips.