$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1203. Structure shows we are in a large range with a bullish bias. We are looking for a directionless movement until after FOMC. The average daily true range (ATR) for the pair currently is 107 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 120.10 and still ranging and also in a wedge. A couple of different scenarios: 1: Bullish: a move to the top of the range and a bounce – look to the 125.00 and 2: Bearish: A break down to the support @ 118.15/ 166.21. The average daily true range (ATR) for the pair currently is 93 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Sterling needs to correct to the 1.5330-82 area before a resumption to the downside. After a correction, look to the 1.5028 area. The average daily true range (ATR) for the pair currently is 101 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7044 and in a sideways move. Still too early to tell if it will continue the sideways move to the downside and if not, expect that Wave 4 is the bottom of the range. Target now is up to 0.7126 Breakdown look to 0.6937. The average daily true range (ATR) for the pair currently is 76 pips.

Currently we are at 181.27 in a well-defined channel to the downside. We are looking to continue to the double bottom @ 180.50 with an overall target @ 180.22. The average daily true range (ATR) for the pair currently is ...

Currently we are at 0.6841 in a well-defined range but showing signs of bullish ascending wedge pattern. We are looking to continue to the 0.214 Fibo resistance area @ 0.6939. Downside target on a failure is 0.6700. The average daily ...

Currently we are at 2.3840 in a well-defined range but showing signs of wave pattern. We are looking to continue to the 0.786 Fibo support area @ 2.3618 with an overall target @ 2.3016. The average daily true range (ATR) ...

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1184. Structure shows we are in a 3rd wave. We are looking for a continuation to the 1.1031area and then to the 1.0813. The average daily true ...

Currently we are at 75.11 in a well-defined range. We are looking to continue to the 0.214 Fibo support area @ 74.50 with an overall target @ 74.30. The average daily true range (ATR) for the pair currently is 120 ...

Currently we are at 2.1657 after breaking the upside channel and now in a well-defined range. We are looking for this to continue to the Fibo support area @ 2.1548 with an overall target @ 2.1400. The average daily true ...

Currently we are at 1.7693 in a well-defined range. We are looking for this break to continue to the 0.786 Fibo support area @ 1.7479 with an overall target @ 1.7363. The average daily true range (ATR) for the pair ...

Currently we are at 187.15 in a well-defined range. We are looking for this next move to finally break the range and continue to the 1.270 Fibo resistance area @ 188.97 with an overall target @ 190.27. The average ...

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1283. Structure shows we are in a 5th wave. We are looking for a continuation to the 1.1500 area and then to the 1.1711. The average daily ...

Currently we are at 0.6930 attempting a rising wedge break out. We are looking to continue to the 0.500 Fibo support area @ 0.6853 with an overall target @ 0.6707. The average daily true range (ATR) for the pair currently ...

Currently we are at 1.5455 in a well-defined range. We are looking for this potential channel to continue to the 0.618 Fibo support area @ 1.5562 with an overall target @ 1.5678. The average daily true range (ATR) for the ...