Forex Trading the week of 09\/07\/2025: USDX, EU,UJ,GU

Note: Unemployment Claims this week!

USDX: Forex Strategies Bearish Bias: Currently, we are in a Range but moving south after NFP. 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 Bullish: We are currently @ 1.1718 in a range in a bigger 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 75 pips and its 90 day average is 87 pips.

USDJPY

Forex Strategies Bearish: We are currently @ 147.39 in a channel. We are in a 3rd wave. We are looking to continue short to the 0.618 Fibo @ 145.85. Watch the USDX for direction. The average daily true range (ATR) for the pair 108 pips and it 90 day average is 137 pips.

GBPUSD

Forex Strategies: Bullish To Bearish: We are currently @ 1.3509 near the top of a range. We are anticipating a continuation to the Range top @ 1.3600 area. We might see a sell off there. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 85 pips and it 90 day average is 92 pips.

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