$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0584 near the bottom of the day chart trend. We anticipate a 4^th wave correction and then resumption to the target @ 1.0348. The average daily true range (ATR) for the pair currently is 104 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 113.05. We anticipate a 4^th wave correction and then resumption to the target @ 116.81. The average daily true range (ATR) for the pair currently is 148 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2476 and in a large range. A couple of different scenarios: 1: Bullish: a move above 1.2500 look to the range top @ 1.2800 area and 2: Bearish: A break below 1.2380 look to the range bottom@ 1.2088. USDX will tell the tale. The average daily true range (ATR) for the pair currently is 126 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7435 and finally in a trend. We are looking for a 4^th wave correction either here or higher at the trend wall and then a continuation to 0.7200. The average daily true range (ATR) for the pair currently is 83 pips.