Forex Trading the week of 07\/19\/2026: USDX, EU,UJ,GU

Note: No Fundies In NY session!!!!!

USDX:

Forex Strategies Bullish to Bearish: We are looking to continue up to the Fib and then we will see. We are expecting a short there. 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 and USDJPY is now tradeable. BE SMART - TRADE WITH STOPS!!!!

EURUSD

Forex Strategies Bullish: We are currently @ 1.1438 in a 5th wave. We are looking for an continuation to the uS6/Day chart bottom @ 1.1226. The ATR for the pair currently 52 pips and its 90-day average is 57 pips. NOT TRADEABLE!

USDJPY

Forex Strategies Bullish to Bearish: We are currently @ 162.41 at the day top. We are looking for the reversal to continue down to the 1.000 Fibo @ 160.97. The average daily true range (ATR) for the pair 77 pips and it 90-day average is 72 pips.

GBPUSD

Forex Strategies: Bullish: We are currently @ 1.3455 in a 5th wave. We are looking for a continuation to the 1.270 Fibo @1.3609. The average daily true range (ATR) for the pair currently is 76 pips and it 90-day average is 77 pips.

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