$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1194 in a range. We are looking for a continuation to the bottom. First top is @ 1.1416 and the second the 0.618 Fibo @ 1.1072. Watch the USDX for clues on direction. The average daily true range (ATR) for the pair currently is 69 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 101.82 and in a range. We are looking for a move initially to the 0.500 Fibo @ 103.20 with a target overall this week at 103.95. The average daily true range (ATR) for the pair currently is 91 (down from 127 last week) pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.3132 and in a large range. We are looking for a continuation to the 0.786 Fibo @ 1.2946. Watch for a stall there and then a move to the bottom @1.2809. The average daily true range (ATR) for the pair currently is 111 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7561 and in a Range. We are looking for a move to the downside after the break of the slope. Look first to the 0.500 Fibo @ 0.7493 with the overall target the Day bottom @ 0.7380. The average daily true range (ATR) for the pair currently is 71 pips.