Currently we are @ 1.3437 in a bearish channel and thee USDX is positive. WE are looking to break this support and then see a move to the bottom @ 1.3376. A break of that look to the Day bottom @ 1.3254. The average daily true range (ATR) for the pair currently is 135 pips.

Note: Currently USDX is sort of bullish after FOMC – affects the direction below so I will give both scenarios.

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1944 in a range (1 pips from ...

Currently we are @ 89.22 just out of a rising wedge which is a reversal pattern. IF we can break this support we are looking for a move to the 0.382 Fibo @ 88.75 and then to the 0.618 Fibo ...

Currently we are @ 1.4887 just out of a triangle. IF we can break this support we are looking for a move to the day chart bottom @ 1.4830 and then look for a bounce there. The average daily true ...

Currently we are @ 1.3533 just out of a triangle in a 5^th wave. IF we can break this resistance we are looking for a move initially to the 1.3620 and then continue to the 1.270 Fibo @ 1.3682 ...

Currently we are @ 1.4957 just out of a triangle. IF we can break this resistance we are looking for a move to the 0.382 Fibo @ 1.5005 and then continue to the 0.214 Fibo @ 1.5079 with an overall ...

Note: Currently USDX is bearish – affects the direction below

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1945 in a range. We are looking to continue up to the 0.214 Fibo @ 1.2039 and ...

Currently we are @ 1.1852 in a well-built channel. We are looking for a move to the 0.618 Fibo @ 1.1827 and then continue to 1.1800 with an overall target @ 1.1755. The average daily true range (ATR) for the ...

Currently we are @ 1.6530 in a well-built channel. We just bounced and are looking for a move back to the double top @ 1.6600 with an overall target @ 1.6749. The average daily true range (ATR) for the pair ...

This month's ProAct Traders “Pay Your Mortgage Trade” idea is found in the EURNZD pair.

09/11/17 1.6485 start

Screenshot 1: We see that we have created a nice down trend started in this pair and 2 waves completed. We have ...

Currently we are @ 0.8029 and starting a 5^th wave. We are looking for a move to the R3/ 1.270 Fibo @ 0.8142 with an overall target @ 0.8227. The average daily true range (ATR) for the pair currently ...

Currently we are @ 78.46 and in a range. We just broke out of the triangle, we are looking for a move to the 1.270 Fibo @ 87.96 with an overall target @ 88.79. The average daily rue range (ATR) ...