This is what I see in the Forex the week of March 31st , 2019: USDX, EU,UJ,GU,AU

Note: USDX is in a range.We are waiting. We have divergence for the reversal and at a significant top. Watch the reaction @ the 98.28 area for either a continuance or reversal.Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are roughly the same as last week with the exception of the GBPUSD which is up 16 more pips.

$EURUSD

What ProAct Traders See: Waiting: We are currently @ 1.1218 near a bottom. We are looking for possibly one more move to the range bottom @ 1.1177 and then a bounce. Watch the USDX for direction. The ATR for the the pair currently is 60 pips.

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$USDJPY

What ProAct Traders See: We are currently @ 110.87. Bearish:We have a rising wedge reversal pattern in play near the top of this tight range.We are looking for an initial move after the Rising Wedge break down to the 0.500 Fibo @ 110.33 and then a continuation to the range bottom @ 109.70 area.Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 62pips.

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$GBPUSD

What ProAct Traders See:We are currently @ 1.3035.Bullish: We are looking for possibly one more move to the range bottom and then a move to the 0.500 fibo @ 1.3171 and then the range top @ 1.3302 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 156 pips.

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

What ProAct Traders See:We are currently sitting @ 0.70097 in a tight range. Bullish to Bearish:we are looking for an initial move to the range top @ 0.7167 area then down to the 0.7000. Watch the USDX for direction. The average daily true range (ATR) for ...

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GBPUSD Range Opportunity

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GBPJPY Range Opportunity

Bullish:Currently we are @146.11 in a range.We are looking for a continuation through the Slope resistance to 147.28 (ATR Target). IF we can break the resistance there, we are looking for the continuation to the range top in the ...

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EURGBP Range Breakout Opportunity

Bearish:Currently we are @ 0.8527 in a range and attempting a breakdown of the Day Chart support. IF we can break the support here, we are looking for the continuation to the 1.270 Fibo @ 0.8384.The average daily true ...

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EURAUD Channel Continuation Opportunity

Bearish:Currently we are @ 1.5935 in a range and a nice channel. IF we can break the 0.618 Fibo here, we are looking for the continuation to the square up @ 1.5874.The average daily true range (ATR) for the ...

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AUDCHF Wedge Continuation Opportunity

Bearish:Currently we are @ 0.7082 in a rising wedge and in a range and a nice channel. IF we can break slope support here, we are looking for the continuation to the ATR target @ 0.7015.The average daily true ...

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GBPUSD Channel Continuation Opportunity

Bearish:Currently we are @ 1.3200 and in a range and a nice channel. IF we can break support here, we are looking for the continuation to the ATR target @ 1.3133 and the overall target is @ 1.2950.FOMC today ...

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EURJPY channel up

Bullish:Currently we are @ 0.7103 and in a range. IF we can break resistance here, we are looking for the continuation to ATR target @ 0.7145 and the a possible small continuation to the 0.214 Fibo @ 0.7167.The average ...

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EURJPY channel up

Bullish:Currently we are @ 126.66 and in a range. IF we can break FIBO resistance here, we are looking for the continuation to range top @ 127.60.The average daily true range (ATR) for the pair currently is 79 pips.


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This is what I see in the Forex the week of March 17th , 2019: USDX, EU,UJ,GU,AU

This is what I see in the Forex the week of March 17th , 2019: USDX, EU,UJ,GU,AU http://proacttraders.com/blog #forex #$ #Proacttraders #FX - see link for more images

Note: USDX is in a range.We are currently waiting as MACD is ...

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EURAUD channel up

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EURUSD channel starting up

Bullish:Currently we are @ 1.1298 and back in the range. IF we can break resistance here, we are looking for the continuation to 0.618 Fibo @ 1.1385.The overall target is 1.1500 area.The average daily true range (ATR) for the ...

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