AUDUSD wedge opportunity

Bearish: We are currently @ 0.7794 in a wedge in a channel. We have convergence in play for the down move and USDX is trying to rise. If we can break the support here, we are are looking for a move to the ATR Target @ 0.7694 area which is also a significant support. Watch the USDX for any change in direction. The ATR for the pair currently is 83 pips per day.


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NZDJPY channel opportunity

Bearish: We are currently @ 77.60 in a newly formed channel. We have convergence in play for the down move and USDX is trying to rise. We are are looking for a move to the ATR Target @ 76.97 area ...

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AUDUSD channel opportunity

Bullish: We are currently @ 0.7795 in a newly formed channel. We have convergence in play for the up move and USDX is trying to fall. We are are looking for a move to the ATR Target @ 0.7850 area. ...

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GBPJPY 3rd channel opportunity

Bearish: We are currently @ 148.47 in a newly formed channel. We have convergence in play for the down move. IF we can break the support here we are are looking for a move to the ATR Target @ 147.44 ...

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This is what I see in the Forex the week of February 28th , 2021: USDX, EU,UJ,GU,AU

This is what I see in the Forex the week of February 28th , 2021: USDX, EU,UJ,GU,AU http://proacttraders.com/blog - see website for more images #forex #$ #Proacttraders #FX


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GBPNZD 3rd wave opportunity

Bearish: We are currently @ 1.8993 in a 3rd wave. We have convergence in play for the down move. We are looking for a move to the ATR Target @ 1.8857 area. Watch for the bounce in that area. Watch ...

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AUDUSD reversal

Bearish: We are currently @ 0.7915 after topping out. The USDX has flipped and we have divergence in play for the down move. We are looking for a move to the ATR Target @ o.7850 area. A continuation would target ...

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GBPUSD reversal

Bearish: We are currently @ 1.4068 after topping out at 1.4099. The USDX has flipped and we have divergence in play for the down move. We are looking for a move to the ATR Target @ 1.3974 area. A continuation ...

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GBPJPY reversal

Bearish: We are currently @ 147.94 just breaking out of a Rising wedge which is bearish. We are looking for a move to the ATR Target @ 146.81 area. A continuation would target the 0.500 Fibo @ 146.17. Watch the ...

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This is what I see in the Forex the week of February 21st, 2021: USDX, EU,UJ,GU,AU

This is what I see in the Forex the week of February 21st, 2021: USDX, EU,UJ,GU,AU http://proacttraders.com/blog - see website for more images #forex #$ #Proacttraders #FX


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EURAUD continuation

Bearish: We are currently @ 1.5527 in a channel. We are looking for a move to the ATR Target @ 1.5440 area. A continuation would target the 1.618 Fibo @ 1.5412. Watch the USDX for any change in direction. The ...

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GBPAUD continuation

Bullish: We are currently @ 1.7927 in a range and a channel We are looking for a move to the ATR Target @ 1.8039 area. A continuation would target the range top @ 1.8070. Watch the USDX for any change ...

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