GBPJPY rising wedge

Bullish to bearish: We are currently @ 139.87 in a rising wedge (bearish) and are looking to finish the wedge at the day chart top @ 140.36 and then move to the ATR Target @ 138.15 area. The further target is to fill the gap @ 137.43. Watch the USDX for any change in direction. The ATR for the pair currently is 132 pips per day.


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AUDUSD Channel continuation

Bullish: We are currently @ 0.7537 in a well-built channel and are looking for an initial move to the ATR Target @ 0.7588-0.7600 area. The further target is the 1.618 Fibo @ 0.7736. Watch the USDX for any change in ...

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EURJPY Range opportunity

Two scenarios: Bullish: a move to the Range top @ 126.75 area and break out there we will look to the 1.618 Fibo @ 127.20. 2: Bearish: A break down here or the 1.2996 area would set up the move ...

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This is what I see in the Forex the week of December 13th, 2020: USDX, EU,UJ,GU,AU

This is what I see in the Forex the week of December 13th, 2020: USDX, EU,UJ,GU,AU http://proacttraders.com/blog - see website for more images #forex #$ #Proacttraders #FX


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GBPNZD continuation

Bullish: We are currently @ 1.9035 after a double bounce. We are looking for the continuation to the ATR Target @ 1.9118 area with a further target (top) @ 1.9199. Watch the USDX for any change in direction. The ATR ...

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EURGBP Reversal

Bearish: We are currently @ 0.9069 in a breakout. We are looking for the continuation to the ATR Target @ 0.8990 area with a further target (0.618 Fibo) @ 0.8964. Watch the USDX for any change in direction. The ATR ...

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EURJPY Channel continuation

Bullish: We are currently @ 126.31 in a channel. We are looking for the continuation to the ATR Target @ 127.07 area with a further target (1.618 Fibo) @ 127.32. Watch the USDX for any change in direction. The ATR ...

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This is what I see in the Forex the week of December 6th , 2020: USDX, EU,UJ,GU,AU

This is what I see in the Forex the week of December 6th , 2020: USDX, EU,UJ,GU,AU http://proacttraders.com/blog - see website for more images #forex #$ #Proacttraders #FX


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GBPCHF Range opportunity

Bullish: We are currently @ 1.1990 in a range. We are looking for the continuation to the ATR Target @ 1.2060 area with a further target (0.214 Fibo) @ 1.2099. Watch the USDX for any change in direction. The ATR ...

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AUDUSD channel opportunity

Bearish: We are currently @ 0.7360 in a channel. We are looking for the continuation to the ATR Target @ 0.7317 area with a further target (0.786 Fibo) @ 0.7280. Watch the USDX for any change in direction. The ATR ...

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GBPUSD channel opportunity

Bearish: We are currently @ 1.3334in a channel. We are looking for the continuation to the ATR Target @ 1.3232 area with a further target @ 1.3179. Watch the USDX for any change in direction. The ATR for the pair ...

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GBPUSD channel opportunity

Bullish: We are currently @ 1.3340 in a channel. We are looking for the continuation to the ATR Target @ 1.3427 area with a further target @ 1.3489. Might have trouble since it is clearly in the top of the ...

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