$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0972 in a wedge and a range. A couple of different scenarios: 1: Bullish: a bounce to the 0.500 Fibo @ 1.1155 area and 2: Bearish: A break down to the double bottom support @ 1.0837. The average daily true range (ATR) for the pair currently is ONLY 64 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 104.23 in the top of a range. A couple of different scenarios: 1: Bullish: a break out of the range to the Day top @ 106.36 area and 2: Bearish: A break down to the 0.500 Fibo @ 101.94. The average daily true range (ATR) for the pair currently is 86 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2174 and in a large range. We are looking for continued cable weakness in the short run and expect a move to the bottom @ 1.2090 and then maybe to the 1.2014. The average daily true range (ATR) for the pair currently is 168 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7655 and out of a triangle in a range. We are looking for a continuation to the range top near 0.7720 and should correct there. The average daily true range (ATR) for the pair currently is 59 pips.