Currently we are 122.08 on a strong support. IF we break down here we are looking for continuation to the 1.270 Fibo @ 120.39 with a further target @ 118.73. The average daily true range (ATR) for the pair currently is 116 pips.

This month's ProAct Traders “Pay Your Mortgage Trade” idea is found in the AUDUSD pair. Both Elkana and I have the same currency pair but with a slightly differing view, so we will see which one plays out.

Scott

When ...

Currently we are 1.4450 on a strong support. We are looking for continuation to the 0.618 Fibo @ 1.4299 with a further target @ 1.4200 IF we can break this support. The average daily true range (ATR) for the pair ...

Currently we are 1.5377 after hitting our first target on the break. We are looking for continuation to the 0.786 Fibo @ 1.5302-5295 area. The average daily true range (ATR) for the pair currently is 111 pips.

Monday is a holiday in the USA and also UK

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1113. A break down and we are looking for a continued downward move targets the 0.786 Fibo ...

Currently we are 1.4596 in consolidation in a large channel. We are looking for continuation to the 1.618 Fibo @ 1.4702 with a further target @ 1.4800. The average daily true range (ATR) for the pair currently is 116 pips.

Currently we are 1.6591 in a large channel. We are looking for continuation to the 1.270 Fibo @ 2.0541 with a further target @ 2.0676 later this week. The average daily true range (ATR) for the pair currently is 213 ...

Currently we are 1.6591 in a large range. We are looking for continuation to the 0.500 fibo @ 1.6468 with a further target @ 1.6381. Watch for the bounce there. The average daily true range (ATR) for the pair currently ...

Currently we are 1.3138 in a large range. We hit our first target @ 1.3060 and looking for continuation to the range top around 1.320. Watch for the correction there. The average daily true range (ATR) for the pair currently ...

Currently we are 0.7134 in a large range. We are looking to break down to the former bottom @ 0.7060 with a possible continuation to the 1.270 Fibo @ 0.7015. The average daily true range (ATR) for the pair currently ...

Currently we are 109.46 in a large range and attempting a rectangle break. We are looking to break up to the 0.214 Fibo @ 110.56. Watch the USDX for signs of weakness at the end. The average daily true range ...

Currently we are 1.6668 in a large range and channel. We are looking to break down to the 0.382 Fibo @ 1.6554 either now at the 0.618 Fibo or after a move to the top of the channel around 1.6727. ...