$EURUSD
What ProAct Forex Target Traders See: We are currently sitting @ 1.2178. Looking to see what reaction we get at the 2.618 Fibo @ 1.2109. A break down here would set up a nice move to the S6 @ 1.1993. The average daily true range (ATR) for the pair currently is 97 pips.
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$USDJPY
What ProAct Forex Target Traders See: We are currently @ 120.40. A couple of different scenarios: 1: bullish: A move above 121.50 would signal a continuation to the trend line top around 125.00 . 2: Bearish : A break down here make this an head and shoulders pattern that would set up a move back to the 0.382 Fibo @ 115.44. The average daily true range (ATR) for the pair currently is 150 pips.
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$GBPUSD
What ProAct Forex Target Traders See: Cable is currently sitting @ 1.5553 after breaking the rectangle which is bearish. We are looking for the1.618 fibo @ 1.5293. The average daily true range (ATR) for the pair is 106 pips.
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$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.8073 in a channel. If we take out the day chart support @ 0.8073, look to the S7 @ 0.7806. A bounce here, look to correct back to the 0.8263 level. The average daily true range (ATR) for the pair currently is 80 pips.
What ProAct Forex Target Traders See: We are currently sitting @ 1.2178. Looking to see what reaction we get at the 2.618 Fibo @ 1.2109. A break down here would set up a nice move to the S6 @ 1.1993. The average daily true range (ATR) for the pair currently is 97 pips.
————————————————————————--
$USDJPY
What ProAct Forex Target Traders See: We are currently @ 120.40. A couple of different scenarios: 1: bullish: A move above 121.50 would signal a continuation to the trend line top around 125.00 . 2: Bearish : A break down here make this an head and shoulders pattern that would set up a move back to the 0.382 Fibo @ 115.44. The average daily true range (ATR) for the pair currently is 150 pips.
——————————————————————————–
$GBPUSD
What ProAct Forex Target Traders See: Cable is currently sitting @ 1.5553 after breaking the rectangle which is bearish. We are looking for the1.618 fibo @ 1.5293. The average daily true range (ATR) for the pair is 106 pips.
——————————————————————————–
$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.8073 in a channel. If we take out the day chart support @ 0.8073, look to the S7 @ 0.7806. A bounce here, look to correct back to the 0.8263 level. The average daily true range (ATR) for the pair currently is 80 pips.
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