What I See in FX Market


$EURUSD
What ProAct Forex Target Traders See: We are currently sitting @ 1.2837. We are looking for a fast correction the finish the 4th wave and then a move down to day support @ 1.2624 The average daily true range (ATR) for the pair currently is 65 pips.
eurusd

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$USDJPY
What ProAct Forex Target Traders See: We are currently @ 108.95. We are looking for a continuation to the 110.31 area BUT a corrective wave back to the 106.95 area could happen at any moment. The average daily true range (ATR) for the pair currently is 58 pips. 
usdjpy

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$GBPUSD
What ProAct Forex Target Traders See: Cable is currently sitting @ 1.6301. We are waiting to break the diagonal support and our immediate target is the 0.618 @ 1.6179 then 1.6058-6000. The average daily true range (ATR) for the pair currently is 95 pips.
gbpusd
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$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.8930. We expect a bounce @ the S6 / 0.8909 area and then a continuation to the 2.618 Fibo @ 0.8702, The average daily true range (ATR) for the pair currently is 66 pips.

audusd

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