$EURUSD
What ProAct Forex Target Traders See: We are currently sitting @ 1.0922. We are looking to continue to the Support @ 1.0730 with a potential continuation to the Day chart bottom @ 1.0536. The average daily true range (ATR) for the pair currently is 84 pips.
eurusd
————————————————————————--
$USDJPY
What ProAct Forex Target Traders See: We are currently @ 113.93. We are looking for a reversal to the upside initially to the R% @ 114.73 and overall to the R6 @ 117.00 area. The average daily true range (ATR) for the pair currently is 121 pips.
usdjpy
——————————————————————————–
$GBPUSD
What ProAct Forex Target Traders See: Cable is currently @ 1.3864 back in a 5th wave. We are looking for a final move to the S7 @ 1.3656 and a POSSIBLE bounce back to the to the1.4000. The average daily true range (ATR) for the pair currently is 148 pips.
gbpusd
——————————————————————————–
$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.7132 in a wedge in a large range. We are looking for a continuation move to the R5 @ 0.7352 and an overall target of the resistance @ 0.7452. The average daily true range (ATR) for the pair currently is 82 pips.

audusd

ProAct Traders™ (hereafter, PAT) assumes no responsibility for errors, inaccuracies, or omissions, nor does it warrant the accuracy or completeness of the information in the materials that comprised the text, graphics or other items contained in the ProAct Charts as a result of computer or power failures or interruptions in the electronic delivery systems via the Internet. PAT shall not be liable for any special, indirect, incidental or consequential damages including without limitation losses, lost revenue, or lost profits that may result from these materials.

Foreign Currency Trading carries a level of risk / reward that may not be suitable for all considering participation in the market known as Forex. The Forex is a "zero sum" market and its end effect is that there are an equal number of winners and losers. Consequently, the possibility exists that you could sustain an eventual loss of some or all of you initial investment. Therefore, you should never invest money that you cannot afford to lose. Before deciding to trade the Forex, you should become thoroughly educated in how the market works, have a sound money management plan and then carefully consider your investment objectives, level of experience, and risk appetite. If you have any doubts, seek advice from an independent financial advisor.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD clings to marginal gains above 1.0750

EUR/USD clings to marginal gains above 1.0750

EUR/USD trades in positive territory above 1.0750 in the second half of the day on Monday. The US Dollar struggles to find demand as investors reassess the Fed's rate outlook following Friday's disappointing labor market data. 

EUR/USD News

GBP/USD edges higher toward 1.2600 on improving risk mood

GBP/USD edges higher toward 1.2600 on improving risk mood

Following Friday's volatile action, GBP/USD pushes higher toward 1.2600 on Monday. Soft April jobs report from the US and the modest improvement seen in risk mood make it difficult for the US Dollar to gather strength.

GBP/USD News

Gold climbs above $2,320 as US yields push lower

Gold climbs above $2,320 as US yields push lower

Gold trades decisively higher on the day above $2,320 in the American session. Retreating US Treasury bond yields after weaker-than-expected US employment data and escalating geopolitical tensions help XAU/USD stretch higher.

Gold News

Addressing the crypto investor dilemma: To invest or not? Premium

Addressing the crypto investor dilemma: To invest or not?

Bitcoin price trades around $63,000 with no directional bias. The consolidation has pushed crypto investors into a state of uncertainty. Investors can expect a bullish directional bias above $70,000 and a bearish one below $50,000.

Read more

Three fundamentals for the week: Two central bank decisions and one sensitive US Premium

Three fundamentals for the week: Two central bank decisions and one sensitive US

The Reserve Bank of Australia is set to strike a more hawkish tone, reversing its dovish shift. Policymakers at the Bank of England may open the door to a rate cut in June.

Read more

Majors

Cryptocurrencies

Signatures