EURJPY Continuing the Channel

Bearish: USDX is currently going up at the time of this post but near a top AFTER FOMC. We are currently @ 128.59. We have convergence in play on the hourly compressions. We are looking for an initial move to the ATR target @ 128.04 area with a further target the 1.270 Fibo @ 127.29. Watch the USDX for any change in direction. The ATR for the pair currently is 85 pips per day and its 180 day average is 84 pips per day.

Join us in our Open house https://proacttraders.com/open-house

Read More
Comments

EURNZD Symmetrical Triangle Break

Bearish: USDX is currently going up at the time of this post but near a top with divergence so anticipating a break down AFTER FOMC. We are currently @ 1.6860. We have convergence in play on the hourly compressions. We ...

Read More
Comments

GBPAUD should test the top

Bullish to Bearish: USDX is currently going up at the time of this post. We are currently @ 1.8948. We have convergence in play on the hourly compressions. We are looking for an initial move to the ATR target @ ...

Read More
Comments

GBPUSD might test the top

Bullish: USDX is currently going down at the time of this post. We are currently @ 1.3226. We have convergence in play on the lower compressions. We are looking for an initial move to the ATR target @ 1.3698 area ...

Read More
Comments

EURJPY Range Opportunity

Bullish: USDX is currently going down at the time of this post. We are currently @ 129.91. We have divergence in play on the lower compressions. We are looking for an initial move to the ATR target @ 130.60 area ...

Read More
Comments

GBPAUD Range Opportunity

Bearish: USDX is currently going up at the time of this post. We are currently @ 1.8913. We have convergence in play. We are looking for an initial move to the ATR target @ 1.8900 area with a continuation to ...

Read More
Comments

GBPNZD Continuation Opportunity

Bearish: USDX is currently going down at the time of this post. We are currently @ 1.9959. We have the convergence in play. We are looking for an initial move to the ATR target @ 1.9894 area with a continuation ...

Read More
Comments

GBPJPY Continuation Opportunity

Bullish: USDX is currently going down at the time of this post. We are currently @ 157.48. We have the convergence in play. We are looking for an initial move to the Day top @ 158.22 area with a continuation ...

Read More
Comments

GBPUSD Rising wedge opportunity

Bearish: USDX is currently going up at the time of this post. We are currently @ 1.3569 just out of a rising wedge. We have the divergence in play. We are looking for an initial move to the ATR Target ...

Read More
Comments

GBPUSD Rising wedge opportunity

Bearish: USDX is currently going up at the time of this post. We are currently @ 1.3561 in a rising wedge. We have the divergence in play. We are looking for an initial move to the ATR Target @ 1.3500 ...

Read More
Comments

GBPCHF Channel Continuation

Bullish: USDX is currently going down at the time of this post. We are currently @ 1.2433. We have the convergence in play. We are looking for an initial move to the ATR Target @ 1.2509 area with a continuation ...

Read More
Comments

AUDJPY Channel Continuation

Bullish: USDX is currently going down at the time of this post. We are currently @ 84.09. We have the convergence in play. We are looking for an initial move to the ATR Target @ 84.91-85.00 area with a continuation ...

Read More
Comments