Forex Trading the week of 05\/312026: USDX, EU,UJ,GU

Note: Lots of talking heads and NFP this week!

USDX: Forex Strategies Bearish: We are looking for a continuation to the range bottom. 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 about the same as last week. BE SMART - TRADE WITH STOPS!!!!

EURUSD

Forex Strategies Bearish: We are currently @ 1.1661 in a range. We are looking for a continuation to the range resistance @1.1770. The ATR for the pair currently 48 pips and its 90-day average is 67 pips. NOT TRADEABLE!

USDJPY

Forex Strategies Waiting: We are currently @ 159.27 after giving almost all of the Flash Crash back. We are looking for a continuation to the rang0.618 Fibo @157.11. The average daily true range (ATR) for the pair 52 pips and it 90-day average is 93 pips. NOT TRADEABLE!

GBPUSD

Forex Strategies: Waiting: We are currently @ 1.3455 in a channel in a range. We are looking for a continuation to the range resistance @1.3650. The average daily true range (ATR) for the pair currently is 73 pips and it 90-day average is 88 pips.

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