$EURUSD
What ProAct Forex Target Traders See: We are currently sitting @ 1.0997 after breaking out of the sideways move. We are looking for a corrective move first and then a move to the 1.618 Fibo @ 1.0771 with an overall target of 1.0641 this week. The average daily true range (ATR) for the pair currently is 95 pips.
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$USDJPY
What ProAct Forex Target Traders See: We are currently @ 120.67 and still ranging and a bounce off the top. We are looking for a continuation to the bottom of the range @ 119.00 with a return to the 0.500 Fibo @ 119.78. The average daily true range (ATR) for the pair currently is 75 pips.
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$GBPUSD
What ProAct Forex Target Traders See: Sterling is in a big range but large enough to trend. We are looking initially to the 1.5629-78, then a correction. The average daily true range (ATR) for the pair currently is 106 pips.
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$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.7217 and in a sideways range but large enough to trend. We are looking for a corrective move first and then a continuation to the S5 @ 0.7005 The average daily true range (ATR) for the pair currently is 69 pips.
What ProAct Forex Target Traders See: We are currently sitting @ 1.0997 after breaking out of the sideways move. We are looking for a corrective move first and then a move to the 1.618 Fibo @ 1.0771 with an overall target of 1.0641 this week. The average daily true range (ATR) for the pair currently is 95 pips.
————————————————————————--
$USDJPY
What ProAct Forex Target Traders See: We are currently @ 120.67 and still ranging and a bounce off the top. We are looking for a continuation to the bottom of the range @ 119.00 with a return to the 0.500 Fibo @ 119.78. The average daily true range (ATR) for the pair currently is 75 pips.
——————————————————————————–
$GBPUSD
What ProAct Forex Target Traders See: Sterling is in a big range but large enough to trend. We are looking initially to the 1.5629-78, then a correction. The average daily true range (ATR) for the pair currently is 106 pips.
——————————————————————————–
$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.7217 and in a sideways range but large enough to trend. We are looking for a corrective move first and then a continuation to the S5 @ 0.7005 The average daily true range (ATR) for the pair currently is 69 pips.
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