Currently we are @ 132.50 in a 4^th wave. We are looking to continue initially to the 0.618 Fibo @ 131.98 and bounce there. Initially, look to the 0.214 Fibo @ 133.41. The average daily true range (ATR) for the pair currently is 108 pips.

Note: Currently USDX is bullish – affects the direction below so I will give both scenarios.

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1819 in a range. We are looking for a continuation down ...

Currently we are @ 81.09 in a 5^th wave. We are looking to continue initially to the 0.500 Fibo @ 80.48. A continuation here, look to the 0.618 Fibo @ 79.91. The average daily true range (ATR) for the ...

Currently we are @ 1.7088 in a 5^th wave and the USDX is positive. Technically, the 5^th wave could be completed but the pair is showing no sign of being over yet. We are looking to continue initially ...

Currently we are @ 1.3437 in a bearish channel and thee USDX is positive. WE are looking to break this support and then see a move to the bottom @ 1.3376. A break of that look to the Day bottom ...

Note: Currently USDX is sort of bullish after FOMC – affects the direction below so I will give both scenarios.

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1944 in a range (1 pips from ...

Currently we are @ 89.22 just out of a rising wedge which is a reversal pattern. IF we can break this support we are looking for a move to the 0.382 Fibo @ 88.75 and then to the 0.618 Fibo ...

Currently we are @ 1.4887 just out of a triangle. IF we can break this support we are looking for a move to the day chart bottom @ 1.4830 and then look for a bounce there. The average daily true ...

Currently we are @ 1.3533 just out of a triangle in a 5^th wave. IF we can break this resistance we are looking for a move initially to the 1.3620 and then continue to the 1.270 Fibo @ 1.3682 ...

Currently we are @ 1.4957 just out of a triangle. IF we can break this resistance we are looking for a move to the 0.382 Fibo @ 1.5005 and then continue to the 0.214 Fibo @ 1.5079 with an overall ...

Note: Currently USDX is bearish – affects the direction below

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1945 in a range. We are looking to continue up to the 0.214 Fibo @ 1.2039 and ...

Currently we are @ 1.1852 in a well-built channel. We are looking for a move to the 0.618 Fibo @ 1.1827 and then continue to 1.1800 with an overall target @ 1.1755. The average daily true range (ATR) for the ...