$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0697 in a range. We are just breaking a rising wedge which is bearish for the pair. We are looking to continue down to the square up @ 1.0510. We could bounce at this point to continue down to the double bottom @ 1.0372. Look to the USDX for clues. The average daily true range (ATR) for the pair currently is 80 pips.

————————————————————————--

$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 115.05 in a range. We are looking to initially move to the 0.214 Fibo @ 117.11 and then continue to the top @ 118.26. The average daily true range (ATR) for the pair currently is 138 pips.

——————————————————————————–

$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2560. We are in a large range and just out of a rising wedge which is bearish. We are looking to move to the 0.618 Fibo @ 1.2236 area with a continuation to the bottom @ 1.2102. The average daily true range (ATR) for the pair currently is 148 pips.

——————————————————————————–

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

What ProAct Forex Target Traders See: Aussie is @ 0.7552 just out of a channel. We are looking to the 0.618 @ 0.7410 initially and then to the 0.7300. The average daily true range (ATR) for the pair currently is 66 pips.

Currently we are @ 1.4186. We are looking for a 5^th wave move to the 0.500Fibo/S2 @ 1.4141 and then a continuation to the S3 @ 1.4076. The average daily true range (ATR) for the pair currently is 89 ...

Currently we are @ 1.6451 after an a-b-c correction. IF we can break the slope support we are looking for a move to the 0.214 Fibo @ 1.6309. The average daily true range (ATR) for the pair currently is 171 ...

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0705 in a large channel in a range. We are looking to continue working this channel up to the range top @ 1.0796 and then start a ...

Currently we are @ 86.86 and just breaking through the 1.618 Fibo. This is a continuation of our January Pay Your Mortgage trade stated at 84.50. We are looking for a move to the 2.270 Fibo top @ 86.67. The ...

Currently we are @ 1.6270 and in a channel. We are looking for a move to the 0.214 Fibo @ 1.6143 and then a continuation to the 1.6004 later this week. The average daily true range (ATR) for the pair ...

We started this trade on January 4^th at around 84.50 looking for an overall target of 89.86 ( 493 pips potential not counting pullbacks). We have progressed to the first major resistance at 87.73 which means we are up ...

Note: January 16^th is Martin Luther King Day in the USA – Bank Holiday!

$EURUSD
















What ProAct Forex Target Traders See: We are currently sitting @ 1.0644 in a large channel in a range. We are looking to ...

Currently we are @ 85.83 and in a channel. This is our Pay Your Mortgage trade for January and are looking for a move to the 1.270 Fibo @ 86.28 and then a continuation to the 86.75 later this week. ...

Currently we are @ 1.0506 and out of a pennant in a down channel. We are looking for a move to the 0.214 Fibo @ 1.0463 and then a continuation to the 1.0372 later this week. The average daily true ...

Currently we are @ 1.0530 and out of a well-built down channel. We are looking for a move to the 1.618 Fibo @ 1.0585 and then a continuation to the 1.0700 later this week. The average daily true range (ATR) ...

Started this trade on December 6th. 2016 - it is still going our way so we have not exited. Plus 491 pips not counting add ons. Here are the two screenshots.