Note: USDX is Bearish.We have divergence so looking for the continuation to the downside.We are looking for a move to the Range bottom @ 94.620 and a bounce there. Be aware that that could change in a heartbeat and will affect the currencies below. ATR’s have stayed roughly the same.

$EURUSD

What ProAct Traders See: Bullish: We are currently sitting @ 1.1659 in a range. We are looking to move to the top of the range this week @1.1853 and then bounce off to continue the range.The ATR for the the pair currently is 77 pips.

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$USDJPY

What ProAct Traders See: Bearish: We are currently sitting @ 111.00 in a range and a channel. We are looking to continue the move to the square up @ 109.81 and then a bounce.The average daily true range (ATR) for the pair currently is 74 pips.

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$GBPUSD

What ProAct Traders See:Bullish: We are currently sitting @ 1.3149 in a range and a channel. We are looking for a continuation to the double top @ 1.3363 and then a bounce. The average daily true range (ATR) for the pair is 110 pips.

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

What ProAct Traders See:Bullish: We are currently sitting @ 0.7405 in a range.We are looking for a continuation to the range top @ 0.7485 and then MAYBE to the 1.270 Fibo @ 0.7530.The average daily true range (ATR) for the pair currently is 74 pips.