Bearish: Currently we are @ 1.5675 and starting a push to the downside.We are initially looking for a small pullback and then a continuation to the square up area @ 15575-83 and a further target at the 0.500 Fibo @ 1.5530 area. The average daily true range (ATR) for the pair currently is 125 pips.

Note: USDX reversed and now has convergence to the upside which affects the major currencies.

$EURUSD

What ProAct Target Traders See:Bearish: We are currently sitting @ 1.2416 in a sideways move after a reversal of the USDX.We are looking ...

Currently we are @ 1.0736 and starting a push to the downside. We are initially looking for a continuation
to the 0.618 Fibo @ 1.0701 and a further target @ 1.0653 area. The average
daily true range (ATR) for the ...

Currently we are @ 1.6854 and starting a push to the downside.IF we breakout of the very solid support here we are initially looking for a continuation to the 0.618 Fibo @ 1.5746 and a further target @ 1.6630-50 area. ...

Currently we are @ 1.3862 and starting a push to the downside.IF we breakout of the bear flag we are initially looking for a continuation to the 0.500 @ 1.3702 and a possible bounce there. This is also the lower ...

Currently we are @ 1.5631 and starting a push to the downside.We are initially looking for a continuation to the 0.500 @ 1.5530 and a bounce there.The average daily true range (ATR) for the pair currently is 132 pips.

Note:USDX shows strength but may travel sideways for a while – should affect all USD pairs.ATR’s have stabilized.

$EURUSD

What ProAct Forex Target Traders See: Bearish: We are currently sitting @ 1.2231 in a 3rd wave and putting in ...

Currently we are @ 85.76 in a descending wedge pattern which is
bearish for the pair. We are looking for a continuation to the Day bottom @ 84.36 and a bounce there. The average daily true range (ATR) for the ...

Currently we are @ 1.2336 in a nice channel.We are looking for either a short retrace or a flag pattern before a continuation to the 1.618 Fibo @ 1.2272 with the next target the 2.270 Fibo @ 1.2190. The average ...

Note:USDX shows strength but may travel sideways for a while – should affect all USD pairs.ATR’s have stabilized.

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.2452 after finishing a 5th wave and putting in ...

Currently we are @ 0.8756 after the bounce which is bullish.We are looking for a continuation to the 0.500 Fibo @ 0.8808 with the next target the 0.382 Fibo @ 0.8836. The average daily true range (ATR) for the pair ...

Currently we are @ 1.2266 after the break of the flag pattern which is bearish.We are looking for a continuation to the 1.618 Fibo @ 1.2167with the next target the 2.270 Fibo @ 1.2032. The average daily true range (ATR) ...