Target Trading in the Forex week of May 28th, 2017

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1171. We are looking for a move down to the Trend bottom @ 1.1024 and expect a bounce there for a potential second wave (note: this is against the USDX- but we have completed 5 waves up). The average daily true range (ATR) for the pair currently is 81 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 111.26 in a large range. We are looking to continue up to the range top @ 113.71. 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 @ 1.2812 and due for a correction to set a wave 2. After the correction, we are looking to the o.786 Fibo @ 1.2617 as the target. The average daily true range (ATR) for the pair currently is 82 pips.

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

What ProAct Forex Target Traders See: We are currently sitting @ 0.7447 in a nice range. We are looking for a continuation to the 0.786 Fibo @ 0.7284. The average daily true range (ATR) for the pair currently is 56 pips.

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$AUDCHF- Break?

Currently we are @ 0.7259 in a breakout of the slope support. We are looking to continue to the --0.270 Fibo @ 0.7217 and then the -0.618 Fibo @ 0.7180. The average daily true range (ATR) for the ...

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$EURGBP- rising wedge?

Currently we are @ 0.8638 in a rising wedge which is ultimately bearish for the pair. We are looking to continue to the strong resistance @ 0.8725 and then reverse. The average daily true range (ATR) for the pair currently ...

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$GBPCHF- channel?

Currently we are @ 1.2608 in an established channel. If we can stay below this support we are looking to continue to the 0.382 Fibo @ 1.2565 and then to the Target @ 1.2522. The average daily true range ...

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$EURGBP- channel?

Currently we are @ 0.8641 in a established channel. We are looking to continue 0.8700 and then to the resistance @ 0.8725 (EG pays on average 25% more than EU). The average daily true range (ATR) for the pair ...

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Target Trading in the Forex week of May 21st, 2017 EU, UJ,GU,AU

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1204 at the end of a 5th wave. We are looking for this move to finish (AFTER a head and shoulders pattern) and correct back to the ...

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$EURAUD- channel Breakout?

Currently we are @ 1.4940 in a breakout of the established channel. We are looking to continue to build this new channel to the 0.500 Fibo @ 1.4875. The average daily true range (ATR) for the pair currently is ...

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$NZDJPY- channel Breakout?

Currently we are @ 77.33 in a breakout of the established channel. We are looking to continue to the 0.786 Fibo @ 76.62. The average daily true range (ATR) for the pair currently is 78 pips.


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$CADJPY- Flag Breakout?

Currently we are @ 83.44 in a flag pattern that is bullish for the pair. We are looking to continue to the 0.214 Fibo @ 83.92 and then the day top @ 84.49. The average daily true range (ATR ...

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Target Trading in the Forex week of May 14th, 2017 EU,UJ,GU,AU

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0930 in a POSSIBLE Trend up???? . We are looking for a move to the day chart top @ 1.1138. The average daily true range (ATR) for the pair ...

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$EURJPY- Triple top?

Currently we are @ 123.71 after printing a triple top. We are our of the channel and looking to continue to the 0.382 Fibo @ 123.03 and then the 0.500 Fibo @ 122.57. The average daily true range ...

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$AUDJPY- Triangle Breakout?

Currently we are @ 84.00 just out of a symmetrical triangle. We are looking to continue to the resistance @ 84.90 and then the square up @ 85.50. The average daily true range (ATR) for the pair currently is 85 ...

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