Forex Trading the week of 03\/22\/2026: USDX, EU,UJ,GU

Note: Not many Fundies this week!

USDX: Forex Strategies Bearish: We are just starting a 3rd wave down after an ABC correction.. We are looking for a continuation to the 0.214 Fibo @ 99.739 area. The pairs should prove it out when the market opens. All of this could change in a heartbeat and will affect the currencies below. ATR’s are Higher than last week. BE SMART - TRADE WITH STOPS!!!!

EURUSD

Forex Strategies Bullish: We are currently @ 1.1572 . We are in a 3rd wave. We are looking to continue to the R5/2.618 Fibo @ 1.1807 area. The ATR for the pair currently 95 pips and its 90-day average is 64 pips.

USDJPY

Forex Strategies Bearish: We are currently @ 159.23 in the start of a 3rd wave. We are looking for a continuation to the S5 @ 156.00 area. The average daily true range (ATR) for the pair 104 pips and it 90-day average is 105 pips.

GBPUSD

Forex Strategies: Bullish: We are currently @ 1.3524 in a range and possible a 3rd wave. We are looking to continue to the 0.500 Fibo @ 1.3000 area. That will validate the wave. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 112 pips and it 90-day average is 81 pips.

DISCLAIMER: Trading in the Foreign Exchange market involves a significant and substantial risk of loss and may not be suitable for everyone. You should carefully consider whether trading is suitable for you in light of your age, income, personal circumstances, trading knowledge, and financial resources. Only true discretionary income should be used for trading in the Foreign Exchange market. Any opinion, market analysis or other information of any kind contained on our website, blog, voiced as an opinion in a live training room or posted anywhere in the internet world is subject to change at any time. Nothing in this website or live training room should be construed as a solicitation to trade in the Foreign Exchange market. If you are considering trading in the Foreign Exchange market before you trade make sure you understand how the spot market operates, be thoroughly familiar with the operation of and the limitations of your trading system, charts and brokers platform on which you are going to trade.