$EURUSD
What ProAct Forex Target Traders See: We are currently sitting @ 1.2455. A couple of different scenarios: 1: bullish: a move above 1.2500 would target the R5 Resistance @ 1.2615 and then the R6 @ 1.2870). 2: Bearish : A break down here would set up a nice move to the 2.618 Fibo @ 1.2109. The average daily true range (ATR) for the pair currently is 103 pips.
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$USDJPY
What ProAct Forex Target Traders See: We are currently @ 118.66 @ the 0.214 Fibo area. This is a bounce point and if so look for the 126.11 (1.270 Fibo). We are open for a much needed correction back to the 0.500 Fibo area @ 113.50. The average daily true range (ATR) for the pair currently is 138 pips.
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$GBPUSD
What ProAct Forex Target Traders See: Cable is currently sitting @ 1.5719 in a rectangle which is ultimately bearish. We are looking first for the S7 @ 1.5540 and then the 1.618 Fibo @ 1.5293. A break up would target the Former S6 @ 1.5917. The average daily true range (ATR) for the pair is 107 pips.
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$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.8253 in consolidation after a falling wedge which is ultimately bullish. We expect a move to correct at the S6 @ 0.8183 or the day chart bottom @ 0.8073. The average daily true range (ATR) for the pair currently is 95 pips.
What ProAct Forex Target Traders See: We are currently sitting @ 1.2455. A couple of different scenarios: 1: bullish: a move above 1.2500 would target the R5 Resistance @ 1.2615 and then the R6 @ 1.2870). 2: Bearish : A break down here would set up a nice move to the 2.618 Fibo @ 1.2109. The average daily true range (ATR) for the pair currently is 103 pips.
————————————————————————--
$USDJPY
What ProAct Forex Target Traders See: We are currently @ 118.66 @ the 0.214 Fibo area. This is a bounce point and if so look for the 126.11 (1.270 Fibo). We are open for a much needed correction back to the 0.500 Fibo area @ 113.50. The average daily true range (ATR) for the pair currently is 138 pips.
——————————————————————————–
$GBPUSD
What ProAct Forex Target Traders See: Cable is currently sitting @ 1.5719 in a rectangle which is ultimately bearish. We are looking first for the S7 @ 1.5540 and then the 1.618 Fibo @ 1.5293. A break up would target the Former S6 @ 1.5917. The average daily true range (ATR) for the pair is 107 pips.
——————————————————————————–
$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.8253 in consolidation after a falling wedge which is ultimately bullish. We expect a move to correct at the S6 @ 0.8183 or the day chart bottom @ 0.8073. The average daily true range (ATR) for the pair currently is 95 pips.
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EUR/USD faces a minor resistance near at 1.0750
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