$EURUSD

What ProAct Forex Target Traders See: French elections could change everything. We are currently sitting @ 1.0948 in a large range but we have bias north due to a support line and USDX currently down. We are looking for a move to the double top @ 1.1138 and then back to the 0.214 Fibo @1.0967 area. The average daily true range (ATR) for the pair currently is 78 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 112.48 in a large expanding wedge. A couple of different scenarios: 1: Bullish: a move to the square up @ 114.50 and 2: Bearish: A break down to the 0.500 @ 110.54. 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 @ 1.2981. We are looking for a continuation to the 0.618 Fibo @ 1.3240 and then correct. The average daily true range (ATR) for the pair currently is 94 pips.

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

What ProAct Forex Target Traders See: Aussie is being a contrarian: USDX down, AUDUSD down? We are currently sitting @ 0.7422 in a large range. We are looking for a continuation to the 0.786 Fibo @ 0.7284 and then correct. The average daily true range (ATR) for the pair currently is 56 pips.