Note: watch the USA election it could change drastically on Nov 8th

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1086 breaking out of a Pennant in a range. We are looking for a continuation to the 0.618 Fibo @ 1.0987 with an overall target this week of 1.0927. WE could also be in a large sideways move and that would favor an initial up move to 1.1171. The average daily true range (ATR) for the pair currently is ONLY 61 pips.

————————————————————————--

$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 104.18 with a large gap. USDJPY only fills bullish gaps 73% of the time! We are for this pair to continue to the 1.270 Fibo @ 105.62 with an overall target @ 106.36. The average daily true range (ATR) for the pair currently is 72 pips.

——————————————————————————–

$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2463 and in a large range. We are looking for a break down in the short run to the 0.500 Fibo @ 1.2321 and then to the 0.786 fibo@1.2185. The average daily true range (ATR) for the pair currently is 87 pips.

——————————————————————————–

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

What ProAct Forex Target Traders See: Aussie is @ 0.7678 and in a range. We are looking for a move to the range top near 0.7735 and a break above that would signal a trend is forming. Look to the 0.7877 If it trends. The average daily true range (ATR) for the pair currently is 59 pips.