Forex Trading the week of 08\/24\/2025: USDX, EU,UJ,GU,AU,

Note:  Not many Fundies this week!   

USDX: Forex Strategies Bearish Bias so waiting: Currently, we are in a Range. We are looking to continue short but we most likely need a BC corrective wave first. 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 significantly  lower last week.  BE SMART - TRADE WITH STOPS!!!!

EURUSD

Forex Strategies Bullish: We are currently @ 1.1719 in a range. We are anticipating a pullback and then the finish at the top @ 1.1800. Watch the USDX for reversal and direction. The ATR for the pair currently is 70 pips and its 90 day average is 89 pips.  

USDJPY                            

Forex Strategies Bearish: We are currently @ 146.94  in a range. We have a Darvas Box continuation pattern. We are looking to continue short to the 1.000 Fibo @ 143.97. Watch the USDX for direction. The average daily true range (ATR) for the pair 107 pips and it 90 day average is 142 pips.

GBPUSD

Forex Strategies: Bullish To Bearish:   We are currently @ 1.3527 in the top of a range. We are anticipating a short pullback and then continuation  to the Range top @ 1.3596 area.  Might see a sell off there. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 73 pips and it 90 day average is 93 pips. 

AUDUSD

Forex Strategies: Bullish To Bearish:   We are currently @ 0.6492 in a tight range.  We are looking to continue to the range top @ 0.6626. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 43 pips and it 90 day average is 59 pips.