$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0594 in a large range. We are looking for a continued move down (USDX is up) to the support @ 1.0500 and then to the 0.270 Fibo @ 1.0384. The average daily true range (ATR) for the pair currently is 59 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 111.21 in a large range. We are looking for a continued move up (USDX is up) to the 0.618 Fibo @ 112.81 and then to the 0.382 Fibo @ 113.45. The average daily true range (ATR) for the pair currently is 89 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2371. We are in a large range and just out of a symmetrical triangle. We are initially looking for a move to the 0.618 Fibo @ 1.2302 and then to the bottom @1.2107 area. The average daily true range (ATR) for the pair currently is 93 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7504 currently in a range. IF we break this support and do not bounce (and stay in the range) we are looking for a continued trending move down (USDX is up) to the 0.786 Fibo @ 0.7373 and then to the bottom @ 0.7300. The average daily true range (ATR) for the pair currently is 44 pips.