Target Trading in the Forex week of June 24th, 2018 EU UJ GU AU

Note: USDX is Bearish (for now).We expect an ABC after finishing the 5th wave move to 96.095. Be aware that that could change in a heartbeat and will affect the currencies below. ATR’s have stayed 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.After the break of resistance @ 1.1659 we are looking for a move to the 0.618 Fibo @ 1.1735 and then a continuation to the top @ 1.1853 the pair currently is 97 pips.

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$USDJPY

What ProAct Traders See: Bearish: We are currently sitting @ 110.61 in a range and a channel. We are looking to break this slope support and continue the move to the square up @ 108.87 and then a continuation to the range bottom @ 108.00.The average daily true range (ATR) for the pair currently is 65 pips.

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$GBPUSD

What ProAct Traders See:Bullish: We are currently sitting @ 1.3258 in a range and have bounced at the day chart support.We are looking for a small correction before a continuation to the 0.618 Fibo @ 1.3314 and then to the 0.786 Fibo @ 1.3372 with a top @ .The average daily true range (ATR) for the pair is 101 pips.

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

What ProAct Traders See:Bullish: We are currently sitting @ 0.7438 (6 pips from this time last week) in a range. We are looking for a continuation to the 0.500 Fibo @ 0.7536 and then MAYBE to the 0.786 Fibo @ 0.7617.The average daily true range (ATR) for the pair currently is 64 pips.

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EURAUD–bull flag break?

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EURUSD–range break?

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Target Trading in the Forex week of June 17th, 2018 EU UJ GU AU

Note: USDX is BULLISH (for now) .We expect a pullback before another 5th wave move to 96.898. Be aware that that could change in a heartbeat and will affect the currencies below. ATR’s have increased but not by much. ...

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EURNZD–Trading the new box?

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EURNZD–Trading the new box?

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GBPJPY–Trading the box?

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GBPAUD–Correction over?

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Target Trading in the Forex week of June 10th, 2018 EU UJ GU AU

Note: USDX is barely BULLISH (for now) but still in the down channel and could be starting a 5th wave down. Be aware that that could change in a heartbeat and will affect the currencies below. ATR’s have increased ...

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NZDJPY–Channel bounce?

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