$EURUSD
What ProAct Forex Target Traders See: We are currently sitting @ 1.1367. Structure shows a 3rd wave completion. We are looking for a correction and then resumption to the day chart top @ 1.1473. The average daily true range (ATR) for the pair currently is 99 pips.
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$USDJPY
What ProAct Forex Target Traders See: We are currently @ 122.10 with a 3rd wave most likely completed. We are looking to correct to 123.00 and then a continuation to 121.50. The average daily true range (ATR) for the pair currently is 64 pips.
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$GBPUSD
What ProAct Forex Target Traders See: Sterling currently still choppy and ranging. The ascending wedge suggests a move to the top and perhaps once out we will see some trending moves. Overall target is the R5 @ 1.5942. The average daily true range (ATR) for the pair currently is 91 pips.
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$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.7331 and still ranging. Target up is 0.744- target down is 0.7211 with a further target at the 0.618 fibo @ 0.7082. The average daily true range (ATR) for the pair currently is 86 pips.
What ProAct Forex Target Traders See: We are currently sitting @ 1.1367. Structure shows a 3rd wave completion. We are looking for a correction and then resumption to the day chart top @ 1.1473. The average daily true range (ATR) for the pair currently is 99 pips.
————————————————————————--
$USDJPY
What ProAct Forex Target Traders See: We are currently @ 122.10 with a 3rd wave most likely completed. We are looking to correct to 123.00 and then a continuation to 121.50. The average daily true range (ATR) for the pair currently is 64 pips.
——————————————————————————–
$GBPUSD
What ProAct Forex Target Traders See: Sterling currently still choppy and ranging. The ascending wedge suggests a move to the top and perhaps once out we will see some trending moves. Overall target is the R5 @ 1.5942. The average daily true range (ATR) for the pair currently is 91 pips.
——————————————————————————–
$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.7331 and still ranging. Target up is 0.744- target down is 0.7211 with a further target at the 0.618 fibo @ 0.7082. The average daily true range (ATR) for the pair currently is 86 pips.
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