Forex Trading the week of 07\/27\/2026: USDX, EU,UJ,GU

Lorem ipsum dolor sit ameNote: FOMC This Week!!!!! 

USDX:

 Forex Strategies Bullish to Bearish: We are looking to continue up to the range top 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 lower than last week and USDJPY is now tradeable. BE SMART - TRADE WITH STOPS!!!!

EURUSD

Forex Strategies Bullish: We are currently @ 1.1372 in a 5th wave.  We are looking for a continuation to the Day chart bottom @ 1.1226.  The ATR for the pair currently 47 pips and its 90-day average is 54 pips.  NOT TRADEABLE!

USDJPY                          

Forex Strategies Bullish to Bearish: We are currently @ 163.85 in an extreme area. We are looking for the eventual reversal to continue down to the day chart top @ 162.85.   The average daily true range (ATR) for the pair 63 pips and it 90-day average is 71 pips.

GBPUSD

Forex Strategies: Bearish:   We are currently @ 1.3324 in a 3rd wave. We are looking for a continuation to the 1.618 Fibo @1.3220.   The average daily true range (ATR) for the pair currently is 75 pips and it 90-day average is 74 pips. 

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