$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1154 in a channel and a range. We are looking for a continuation to the bottom. First stop is the 0.618 Fibo @ 1.1072 and the second the bottom @ @ 1.0961. The average daily true range (ATR) for the pair currently is ONLY 59 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 102.34 in a channel and a range. We are looking for a move initially to the 0.382 Fibo @ 103.95 with a target overall this week at 105.02. The average daily true range (ATR) for the pair currently is 99 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.3008 and in a large range. We are looking for a corrective move initially to the 0.618 Fibo @ 1.3091 with a target overall this week at 1.2868. The average daily true range (ATR) for the pair currently is 103 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7489 and in a channel in a range. We are looking for a move to the downside to the 0.500 Fibo @ 0.7406 with the overall target the 0.618 Fibo @ 0.7308. It may first correct to the channel wall before this move. The average daily true range (ATR) for the pair currently is 64 pips.