Forex Trading the week of 09\/14\/2025: USDX, EU,UJ,GU

Note:  FOMC this week!   

USDX: Forex Strategies Waiting but Bearish Bias: Currently, we are in a Darvas Box (Bearish) but at the bottom.  Will we bounce or breakout? 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 Waiting but Bullish Bias: We are currently @ 1.1735 in a Darvas Box. We are anticipating a possible breakout to the 1.000 Fibo @ 1.1924. Watch the USDX for reversal and direction. The ATR for the pair currently is 75 pips and its 90 day average is 86 pips.  

USDJPY                            

Forex Strategies Waiting but Bearish Bias: We are currently @ 147.71  in a Darvas Box. We are possibly in a 3rd wave. We are looking to continue short to the 1.270 Fibo @ 144.00. Watch the USDX for direction. The average daily true range (ATR) for the pair 108 pips and it 90 day average is 133 pips.

GBPUSD

Forex Strategies: Bullish To Bearish:   We are currently @ 1.3559 near the top of a range. We are anticipating a continuation to the 1.000 Fibo @ 1.3757 area.  We might see a sell off here or 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 91 pips.