$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1227 in a channel and a range. We are looking for a Breakout (due to FOMC) and continuation to the Top. First stop is the 0.214 Fibo @ 1.1330 and the second the Day top @ @ 1.1470. The average daily true range (ATR) for the pair currently is ONLY 59 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 101.05 in a channel and a range. We are looking for a move initially to the day bottom @ 103.95 with a target overall this week at the 1.270 Fibo 97.32. The average daily true range (ATR) for the pair currently is 95 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2964 and in a large range. We are looking for a bounce @ 1.2868 with a target overall this week back at 1.3088. The average daily true range (ATR) for the pair currently is 107 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7616 and in a triangle in a range. A couple of different scenarios: 1: Bullish: a breakout and move to the 1.270 Fibo @0.7797 2: Bearish: A break down to the 0.786 Fibo support@ 0. 7515.The average daily true range (ATR) for the pair currently is 67 pips.