Forex Trading the week of 06\/07\/2026: USDX, EU,UJ,GU

USDX:

Forex Strategies Bullish: We are looking for a continuation to the range top. This is ripe for a fade! 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 lower than last week. BE SMART - TRADE WITH STOPS!!!!

EURUSD

Forex Strategies Bearish: We are currently @ 1.1549 in a 5th wave in a range. We are looking for a continuation to the range bottom @1.1411. The ATR for the pair currently 51 pips and its 90-day average is 67 pips. NOT TRADEABLE!

USDJPY

Forex Strategies Waiting: We are currently @ 160.32 after giving almost all of the Flash Crash back. We are looking for a continuation to the range top and then????. The average daily true range (ATR) for the pair 44 pips and it 90-day average is 88 pips. NOT TRADEABLE!

GBPUSD

Forex Strategies: Bearish: We are currently @ 1.3341 in a range. We are looking for a continuation to the range bottom @1.3179. The average daily true range (ATR) for the pair currently is 64 pips and it 90-day average is 88 pips.

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