Forex Trading the week of 11\/09\/2025: USDX, EU,UJ,GU

Note: USD Fundies? – depends on shutdown!

USDX: Forex Strategies Bearish: Currently, we are in a channel possibly getting ready for a 5th wave down. 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 slightly lower than last week. BE SMART - TRADE WITH STOPS!!!!

EURUSD

Forex Strategies Bullish: We are currently @ 1.1566 after a bounce on the bottom. We are for a continuation to the R4 @ 1.1700 area. Watch the USDX for reversal and direction. The ATR for the pair currently is 52 pips and its 90 day average is 75 pips. NOT TRADEABLE

USDJPY

Forex Strategies Bearish: We are currently @ 153.43 in a channel. We are looking to continue a 3rd wave down to the S4 support @ 152.00 area. The average daily true range (ATR) for the pair 112 pips and it 90 day average is 123 pips.

GBPUSD

Forex Strategies: Bullish: We are currently @ 1.3165 in a 3rd wave in a range. We are looking for a continuation to the R5 @ 1.3387 area. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 79pips and it 90 day average is 85 pips

DISCLAIMER: Trading in the Foreign Exchange market involves a significant and substantial risk of loss and may not be suitable for everyone. You should carefully consider whether trading is suitable for you in light of your age, income, personal circumstances, trading knowledge, and financial resources. Only true discretionary income should be used for trading in the Foreign Exchange market. Any opinion, market analysis or other information of any kind contained on our website, blog, voiced as an opinion in a live training room or posted anywhere in the internet world is subject to change at any time. Nothing in this website or live training room should be construed as a solicitation to trade in the Foreign Exchange market. If you are considering trading in the Foreign Exchange market before you trade make sure you understand how the spot market operates, be thoroughly familiar with the operation of and the limitations of your trading system, charts and brokers platform on which you are going to trade.