Note: ATR’s still low and FOMC not yet filtered out

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0742 in a large range. IF we have continued USDX weakness look for a move to the day top @ 1.0860 and then a bounce back there. The average daily true range (ATR) for the pair currently is 69 pips.

————————————————————————--

$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 112.68 in a large channel. We are looking for a continued break down to the square up @ 112.26 and then a continuation to the day chart bottom @ 111.38. The average daily true range (ATR) for the pair currently is 77 pips.

——————————————————————————–

$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2391. We are either in a large range or we are in a 4^th correction wave and setting up for a 5^th wave down. A couple of different scenarios: 1: Bullish: a break above the current channel and look to the 1.2701 area 2: Bearish: A break down to the double bottom support @ 1.1992. The average daily true range (ATR) for the pair currently is 77 pips.

——————————————————————————–

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

What ProAct Forex Target Traders See: Aussie is @ 0.7702 in a range. A couple of different scenarios: 1: Bullish: a move to the upper resistance @ 0.7782 area and then a break up to the 1.618 Fibo @ 0.7891 2: Bearish: A break down @ the 0.7782 to stay in the range back to the 0.382 Fibo @ 0.7656. The average daily true range (ATR) for the pair currently is 61 pips.

Currently we are @ 0.8709 after a breakout of a channel in a range. We are looking to continue to the 0.500 Fibo @ 0.8628 and watch for a bounce there before resumption to the 0.786 Fibo @ 0.8499. The ...

Currently we are @ 1.4072 looking to breakout of a channel in a range. We are looking to continue to the 0.382 Fibo @ 1.3973 and watch for a bounce there. The average daily true range (ATR) for the pair ...

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0692 in a large range. If they keep the current move going look to the 1.0850 area for the target and watch for a reversal there.. The ...

Currently we are @ 74.72 in a channel in a range. We are looking to continue to the 1.618 fibo @ 84.38 and then continue to the support @ 84.22. The average daily true range (ATR) for the pair currently ...

Currently we are @ 1.3981 and finally confirming a possible 5^th wave. We are looking to continue to the former top @ 1.4014 and then continue to the Day top @ 1.4073 . The average daily true range (ATR) ...

Currently we are @ 0.7601 in a range and in a bearish channel. If we can break current support, we are looking to continue to the 0.382 Fibo @ 0.7493. The average daily true range (ATR) for the pair currently ...

Currently we are @ 1.6140 in a range and back in the bearish channel. If we can break current support we are looking to continue to the Support @ 1.6010 with a further target @ 1.5886. The average daily true ...

Note: USDX is inconclusive.

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0598. . A couple of different scenarios: 1: Bullish: a move to the 0.786 Fibo @ 1.0761 area and 2: Bearish: A break ...

Currently we are @ 0.7089 in a range and breaking out of a sideways structure. We are looking to continue to the Square up @ 0.7023. The average daily true range (ATR) for the pair currently is 50 pips.

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

We see that we have finished the up move of this large range and have turned to the downside. We are potentially underway and looking ...

Currently we are @ 140.02 in a range. We we are looking to continue to the double bottom @ 138.52 with another target @ 138.00. The average daily true range (ATR) for the pair currently is 129 pips.