$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1195. We are looking to complete a 5^th wave in the 1.1500 area. Might take a while though since the pair’s ATR is so low for its popularity. The average daily true range (ATR) for the pair currently is 81 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 110.23 at the top of a 4^th wave. We are looking to continue in a 5^th wave down to the Bottom @ 108.00 area. The average daily true range (ATR) for the pair currently is 72 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2732 and in a possible start of a trend down due to the election. A couple of different scenarios: 1: Bullish: a move to the 0.214 Fibo @ 1.2900 area which establishes a range (currently the USDX is overall bearish) and 2: Bearish: A continuation to the support @ 1.2366. The average daily true range (ATR) for the pair currently is 104 pips.

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

What ProAct Forex Target Traders See: We are currently sitting @ 0.7530 in a very shallow channel. As such we are looking to the current move to be a corrective move to get the channel in a nice angle for a run at the 1.618 Fibo @ 0.7698. The average daily true range (ATR) for the pair currently is 66 pips.