Note: USDX shows weakness but near the bottom of its trend– should affect all USD pairs. ATR’s are WAY DOWN.

Martin Luther King Holiday in the states on Monday may slow all of this down.

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.2182 in a 5th wave and at the top of the trend. We are looking for a short correction (to 1.2100) or a flag pattern and then the continuation of a 5^th wave to 1.2300. The average daily true range (ATR) for the pair currently is 74 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 111.06 inside a range. A couple of different scenarios: 1: Bullish: a move to the double bottom and bounce to the 112.06 area and 2: Bearish: A break down to the 2.270 Fibo @ 109.85. The current flag pattern suggests the latter. The average daily true range (ATR) for the pair currently is 58 pips.

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$GBPUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.3736 in a 5^th wave that is currently unsustainable. We have possible divergence starting in the pair, so we are looking for a couple of different scenarios: 1: Bullish: a sideways move to continue the move to the 1.618 Fibo 2 1.3802. 2: Bearish: A break down back to the trend wall and then a breakout @ 1.3561. The average daily true range (ATR) for the pair currently is 75 pips.

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

What ProAct Forex Target Traders See: We are currently sitting @ 0.7912 in a large range for the pair. We have possible divergence in the pair, so we are looking for a finish at the range top @ 1.8100ish and ...

Currently we are @ 87.76 after a clean break of the up channel. The correction during the night sets up the move to the 0.270 Fibo @ 86.74 with the target this week at the 0.500 Fibo @ 86.11. The ...

This month's ProAct Traders “Real estate of the month” (formerly the pay your mortgage trade) idea is found in the EURNZD pair. Last month’s trade made traders between 800 - 2100 pips.

01/10/18 1.6629 start

We are waiting for a ...

Currently we are @ 1.7273 in a well-established range and trying to break out of the symmetrical triangle which is bearish. We are looking to continue initially to the 0.270 Fibo @ 1.7159 and then to the 0.618 Fibo @ ...

Currently we are @ 152.93 in a well-established range and trying to breakdown due to divergence in the pair. We are looking to continue initially to the 0.214 Fibo @ 152.48 and then to the 0.618 Fibo @ 151082 area ...

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 ...

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 ...