Note: Currently USDX is bearish

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.2027 in a 5^th wave. We are looking to continue to the R6 @ 1.2772. The average daily true range (ATR) for the pair currently is 87 pips.

————————————————————————--

$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 107.77 in a 5^th wave. We are looking to break the significant support and continue initially to the support @ 106.89 and then to the S6 @ 104.57. The average daily true range (ATR) for the pair currently is 89 pips.

——————————————————————————–

$GBPUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.3201. We are in a range. We are looking to break the triangle and continue initially to the 0.786 Fibo @ 1.2734. IF we can break the range top look to the 1.270 Fibo @ 1.3447 as the top. If the range holds, look for a move back to 1.3000 area. The average daily true range (ATR) for the pair currently is ONLY 76 pips.

——————————————————————————–

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

What ProAct Forex Target Traders See: We are currently sitting @ 0.8053 in a corrective wave. We are looking to finish the correction (4^th wave) and then continue up to the R5 @ 0.8247. The average daily true range (ATR) for the pair currently is 69 pips.

Currently we are @ 78.46 and in a range. IF we can break the wedge, we are looking for a move to the 0.618 Fibo @ 77.87 with an overall target @ 77.39. The average daily true range (ATR) for ...

Currently we are @ 1.2470 and in a range. We are looking for a move to the 0.500 Fibo @ 1.2531 with an overall target @ 1.2671. The average daily true range (ATR) for the pair currently is 89 pips.

Note: Currently USDX is bearish but also showing divergence
to move up – affects the direction below


$EURUSD


What ProAct Forex Target Traders See:
We are currently sitting @ 1.1899 in a symmetrical
triangle. A couple of different
scenarios 1: ...

Currently we are @ 1.2880 and in a nice channel. We are waiting for a a-b-c correction and then a move to the 0.786 Fibo @ 1.2818 before Non-Farm Payroll. The average daily true range (ATR) for the pair currently ...

Currently we are @ 0.7615 and just breaking out of the channel in an a-b-c correction. We are looking to start a 5^th wave up with target 1 being the 0.382 Fibo @ 0.7676. The average daily true range ...

Currently we are @ 130.75 in a big range just hitting that range top for the 5^th time. We have the divergence so looking to top out and return to the 0.382 Fibo @ 129.90. We may have one ...

Currently we are @ 141.20 in a big range. We are looking for a continuation to the square up @ 141.52 and then a move to the 0.214 Fibo@ 142.38. The average daily true range (ATR) for the pair ...

Note: Currently USDX is bearish – affects the direction below

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1926. We are looking to continue up in a 5^th wave to the R5 @ 1.2039. ...

Currently we are @ 87.33 in a big range just hitting that range top for the 5^th time. We are looking for a rejection of this resistance and a move to the 0.500 Fibo @ 86.70. The average daily ...

Currently we are @ 0.7627 in a big range just breaking out of the symmetrical triangle and a down channel. We are looking for a break of the support and a move to the 0.500 Fibo @ 0.7530. The average ...

Note: Currently USDX is bearish – affects the direction below

The August “Pay Your Mortgage Trade Idea” is the CADJPY

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1764 after completing a 4^th wave. ...