$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1401 and potentially still in a large range. We are looking for a continuation move OUT to the Day chart top (which indicates trending) @ 1.1470) and a possible high at the 1.270 Fibo @ 1.1537. A failure would means still ranging and look to the 0.500 Fibo @ 1.1104. The average daily true range (ATR) for the pair currently is 74 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 108.25. We are looking for a move first to the S8 support @ 105.82 and then to the 104.18 area. Possible intervention from the Japanese banks so be aware of that. The average daily true range (ATR) for the pair currently is 90 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.4126 and in a large range. We are looking for a continuation to the 0.786 Fibo @ 1.3986 with a lower target to the range bottom @ 1.3846. A breakdown targets the 0.214 Fibo @ 1.4367. The average daily true range (ATR) for the pair currently is 141 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7559 and still in a range. We are looking for a move either to the range top @ 0.7700 (a break above would indicate trending), or to the Range bottom @0.7400. The average daily true range (ATR) for the pair currently is 87 pips.