Target Trading in the Forex week of July 23rd, 2017

Note: Currently USDX is bearish

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1670 in a channel nearing the top of a 5th wave. We are looking to complete a 5th wave in the next 100 pips but not sure which target here will be the last. Look for a head and shoulders pattern and then start the descent. The average daily true range (ATR) for the pair currently is 74 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 111.08 in a 3rd wave. We are looking to continue down to the square up support @ 109.80 area and watch for a 4th wave bounce there. The average daily true range (ATR) for the pair currently is 77 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2995 and in a possible (?) 3rd wave up. If we can break this resistance @ 1.3030 we are looking for a continuation to the 1.270 Fibo @ 1.3268. The average daily true range (ATR) for the pair currently is 76 pips.

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

What ProAct Forex Target Traders See: We are currently sitting @ 0.7916 and in a 5th and final wave up. If we print a sideways move we are are looking to continue to the 1.270 @ 0.8145. The average daily true range (ATR) for the pair currently is 60 pips.

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$EURNZD- break?

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$USDJPY-Flag break?

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$EURGBP-Flag break?

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Target Trading in the Forex week of July 16th, 2017

Note: Currently USDX is bearish

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1466 in a channel inside a channel. We are looking to complete a 5th wave in the 1.1720 area as lomng ...

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$AUDCHF-go again?

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$GBPAUD-channel trade?

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July Pay Your Mortgage Trade Setup Idea

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

07/11/17

GBPJPY – a little late due to USA holiday

We see that we have just reacted at the top of this very ...

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$USDJPY-rising wedge?

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$GBPAUD-breakdown?

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Target Trading in the Forex week of July 9th, 2017

Note: Currently USDX is bearish

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1405. We are looking to complete a 5th wave in the 1.1610 area. It might take a while though since the ...

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$AUDCHF-continuation?

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