Currently we are @ 1.3207 in a rising wedge and divergence which is bearish for the pair. If we break out we are looking for a move to the 0.214 Fibo @ 1.3085 and then either continue to the 0.500 Fibo @ 1.2980 or bounce (as a 5^th wave) and continue up. Look to the USDX for clues. The average daily true range (ATR) for the pair currently is 97 pips.

Currently we are @ 0.8939 in a triangle pattern. If we break out we are looking for a move to the 0.500 Fibo @ 0.8870 and then continue to the square up @ 0.8800. The average daily true range (ATR) ...

Note: Currently USDX is bearish

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1760 in the top of a trend nearing the top of a 3rd wave. With USDX down the Euro needs to go ...

Currently we are @ 1.3146 in the last throes of a 5^th wave. We are looking for a move to the R5 @ 1.3206 and look to print a head and shoulders reversal pattern there. The average daily true ...

Currently we are @ 0.8925 in a large range. We have just come out of a triangle and IF we can break this support we are looking for a move to the 0.500 Fibo @ 0.8870 and a break there ...

Currently we are @ 1.2376 in a large range. We are looking for a move to the 0.618 to the 0.618 Fibo @ 1.2410 and a break there to the resistance @ 1.2454. The average daily true range (ATR) for ...

Currently we are @ 1.6403 and finishing a 5^th wave. We have a heads and shoulders pattern printed and are looking for a continuation back to the 0.618 Fibo @ 1.6571 and a break there to the support @ ...

Note: Currently USDX is bearish

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1670 in a channel nearing the top of a 5^th wave. We are looking to complete a 5^th wave in ...

Currently we are @ 1.5635 in a range and just breaking slope support. We are looking for a continuation to the 1.500 Fibo @ 1.5568 and a break there to the 0.618 Fibo support @ 1.5490. The average daily true ...

Currently we are @ 111.91 in a range and a bear flag pattern. We are looking for a break of the flag and a continuation to the 1.618 Fibo @ 111.41 and a break there to the support @ 110.94. ...

Currently we are @ 0.8875 in a range and a flag pattern. We are looking for a break of the flag and a continuation to the 1.618 Fibo @ 0.8973 and a break out there to the Day top @ ...

Note: Currently USDX is bearish

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1466 in a channel inside a channel. We are looking to complete a 5^th wave in the 1.1720 area as lomng ...