Forex Trading the week6 of 03\/1\/2026: USDX, EU,UJ,GU

Note: Lots of Fundies this week including FOMC!

USDX: Forex Strategies Bullish: We are in a 3rd wave UP. We are looking for a continuation to the 0.382 Fibo @ 105.256 area. 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 Higher than last week. BE SMART - TRADE WITH STOPS!!!!

EURUSD

Forex Strategies Bearish: We are currently @ 1.1417 . We are in a 3rd wave. We are looking to continue to the Day chart support @ 1.1226 area. The ATR for the pair currently 87 pips and its 90-day average is 60 pips.

USDJPY

Forex Strategies Bullish: We are currently @ 159.76 in a 5th wave. We are looking for a continuation to the Day chart top @ 161.92-164.02 area. The average daily true range (ATR) for the pair 102 pips and it 90-day average is 103 pips.

GBPUSD

Forex Strategies: Bearish: We are currently @ 1.3226 in a 5th wave. We are looking to continue to the Day chart support @ 1.3000 area. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 108 pips and it 90-day average is 78 pips.

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