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
pair currently is 90 pips.

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) ...

Currently we are @ 1.4144 after the 4^th wave correction and bounce.We are looking for a 5^th wave continuation to the R$ @ 1.4213 with the next target the double top @ 1.4345. The average daily true range ...

Currently we are @ 1.5295 after breaking out of the wedge.We are looking for a break down to the .786 Fibo @ 1.5241 with the next target the square up @ 1.5200. The average daily true range (ATR) for the ...

Note:USDX shows weakness but may travel sideways for a while – should affect all USD pairs.ATR’s have really jumped from last week.

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.2421 after finishing a 5th ...

Currently we are @ 1.7562 in a nice channel and just breaking the 0.500 Fibo. We are looking for a continuation up to the 0.382 Fibo @ 1.7651 with the target this week at the 0.214 Fibo @ 1.7801. The ...

Currently we are @ 110.40 in a potential 3rd wave and just breaking out of the triangle. We are looking for a continuation up to the 1.270 Fibo @ 109.85 with the target this week at the 0.786 Fibo @ ...

Note: USDX shows weakness but near the bottom of its trend and may travel sideways for a while – should affect all USD pairs. ATR’s are starting to move up.

$EURUSD

What ProAct Forex Target Traders See: We are ...

Currently we are @ 1.0931 in a range. We are looking for a continuation down to the bottom @ 1.0862 with the target this week at the 1.618 Fibo @ 1.0797. The average daily true range (ATR) for the pair ...