Note: USDX shows weakness – should affect all USD pairs

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.12049 in a third wave. We are looking for a short continuation due to the USDX and then a 4^th wave to the 0.500 Fibo @1.1950 area and then the continuation of a 5^th wave to 1.2200. The average daily true range (ATR) for the pair currently is 70 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 113.14 in a tight range inside a bigger range. We are looking for a short continuation due to the USDX and then a move back to the bottom of the tight range @112.06 area. The average daily true range (ATR) for the pair currently is 51 pips.

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$GBPUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.3397 in a range and in a triangle pattern. We have possible divergence in the pair, so we are looking for a couple of different scenarios: 1: Bullish: a move to the day top @ 1.3650 and then down to the 0.500 Fibo area @1.3458 and 2: Bearish: A break down now to the 0.786 Fibo support @ 1.3368. The average daily true range (ATR) for the pair currently is 81 pips.

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$AUDUSD – A great smooth currency for Newbie’s!

What ProAct Forex Target Traders See: We are currently sitting @ 0.7870 completing 5 waves down. We have possible divergence in the pair, so we are looking for a finish at the range top @ 1.7897 and then a break down now to the 0.382 Fibo support @ 0.7713. The average daily true range (ATR) for the pair currently is 42 pips.

Currently we are @ 1.3206 in a well-established range and trying to break a triangle pattern. We are looking to continue initially to the triangle bottom @ 1.3150ish and then to the 1.270 Fibo @ 1.3103 and overall to the ...

Currently we are @ 88.02 in a well-established range and trying to break a flag pattern. We are looking to continue initially to the top @ 89.00 and then MAYBE to the Day Chart Resistance @ 90.25 this week. The ...

Currently we are @ 151.39 in a well-established range and trying to break a corrective channel which is bearish for the pair. We are looking to continue initially to the 0.2382 Fibo @ 150.94 and then to the 0.214 Fibo ...

Currently we are @ 1.3412 in a well-established range and trying to break a symmetrical wedge which is bullish for the pair. We are looking to continue initially to the 0.214 Fibo @ 1.3441 and then to the Range top ...

Currently we are @ 0.8853 in a well-established range in a ascending wedge which is bullish for the pair. We are looking to continue initially to the 0.786 Fibo @ 0.8918 and then to the Range top @ 0.8990 and ...

Currently we are @ 0.8853 in a well-established range in a ascending wedge which is bullish for the pair. We are looking to continue initially to the 0.786 Fibo @ 0.8918 and then to the Range top @ 0.8990 and ...

Currently we are @ 0.7008 in a well-established range in a flag pattern which is bullish for the pair. We are looking to continue initially to the 1.618 Fibo @ 0.7102 and then to the Range top @ 0.7231 and ...

Note: USDX is ranging bias to strength – should affect all USD pairs

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1758 starting a 3^rd wave in a day chart range. The Range will ...

Currently we are @ 0.8793 and back in the channel to the downside. We are looking to continue to the 0.214 Fibo and then the double bottom of the channel today @ 0.8683. The average daily true range (ATR) for ...

Still waiting – this was the post from Friday last week. Currently we are @ 87.76 and out of the symmetrical wedge. We are looking to complete a move to the range support @ 86.78. The average daily true range ...

Note: USDX is strengthening – should affect all USD pairs

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1768 inside a channel in a range. We are looking for an initial move down to the ...