Currently we are @ 1.6530 in a well-built channel. We just bounced and are looking for a move back to the double top @ 1.6600 with an overall target @ 1.6749. The average daily true range (ATR) for the pair currently is 128 pips.
Currently we are @ 1.6530 in a well-built channel. We just bounced and are looking for a move back to the double top @ 1.6600 with an overall target @ 1.6749. The average daily true range (ATR) for the pair currently is 128 pips.
This month's ProAct Traders “Pay Your Mortgage Trade” idea is found in the EURNZD pair.
09/11/17 1.6485 start
Screenshot 1: We see that we have created a nice down trend started in this pair and 2 waves completed. We have ...
Currently we are @ 0.8029 and starting a 5th wave. We are looking for a move to the R3/ 1.270 Fibo @ 0.8142 with an overall target @ 0.8227. The average daily true range (ATR) for the pair currently ...
Currently we are @ 78.46 and in a range. We just broke out of the triangle, we are looking for a move to the 1.270 Fibo @ 87.96 with an overall target @ 88.79. The average daily rue range (ATR) ...
Note: Currently USDX is bearish
What ProAct Forex Target Traders See: We are currently sitting @ 1.2027 in a 5th wave. We are looking to continue to the R6 @ 1.2772. The average daily true range (ATR) ...
Currently we are @ 78.46 and in a range. IF we can break the wedge, we are looking for a move to the 0.618 Fibo @ 77.87 with an overall target @ 77.39. The average daily true range (ATR) for ...
Currently we are @ 1.2470 and in a range. We are looking for a move to the 0.500 Fibo @ 1.2531 with an overall target @ 1.2671. The average daily true range (ATR) for the pair currently is 89 pips.
Note: Currently USDX is bearish but also showing divergence
to move up – affects the direction below
$EURUSD
What ProAct Forex Target Traders See:
We are currently sitting @ 1.1899 in a symmetrical
triangle. A couple of different
scenarios 1: ...
Currently we are @ 1.2880 and in a nice channel. We are waiting for a a-b-c correction and then a move to the 0.786 Fibo @ 1.2818 before Non-Farm Payroll. The average daily true range (ATR) for the pair currently ...
Currently we are @ 141.20 in a big range. We are looking for a continuation to the square up @ 141.52 and then a move to the 0.214 Fibo@ 142.38. The average daily true range (ATR) for the pair ...