Currently we are @ 1.6818 in a channel. We are looking for a continuation to the 0.786 Fibo/support @ 1.6723 and a break out there to the Day chart bottom @ 1.6639. The average daily true range (ATR) for the pair currently is 132 pips.

This month's ProAct Traders “Pay Your Mortgage Trade” idea is found in the GBPJPY pair.

07/11/17

GBPJPY – a little late due to USA holiday

We see that we have just reacted at the top of this very large range. ...

Currently we are @ 114.39 in a rising wedge at the top. We are looking for a reversal to the channel wall @ 113.50 and a break out there to the 0.500 Fibo @ 112.72. The overall target is ...

Currently we are @ 1.6963 in a channel to the upside. We are looking for a breakout to the 0.500 Fibo @ 1.6869 and a bounce there. The overall target is 1.6639. The average daily true range (ATR) for the ...

Note: Currently USDX is bearish

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1405. We are looking to complete a 5^th wave in the 1.1610 area. It might take a while though since the ...

Currently we are @ 0.7315 in a channel to the downside. If we can break this support, we are looking to move to the 0.618 Fibo @ 0.7256 with an overall target of 0.7208. The average daily true range (ATR) ...

Currently we are @ 113.60 after breaking out of the day chart down trend. We are looking to move to the double top @ 114.38 with an overall target of 115.51. The average daily true range (ATR) for the pair ...

Currently we are @ 1.6908 after completing a corrective move. We are looking to move to the 0.618 Fibo @ 1.6778. We could bounce there or continue to the 1.3717. The average daily true range (ATR) for the pair currently ...

Currently we are @ 1.1606 in a range. IF we can break this slope support, we are looking to move to the 0.214 Fibo @ 1.7516 with an overall target at the 0.382 Fibo @1.7386. The average daily true range ...

Currently we are @ 142.90 out of a wedge. We are looking to move to the 0.500 Fibo @ 143.42 with an overall target at the 0.382 Fibo @144.54. The average daily true range (ATR) for the pair currently is ...

Note: this week is the 26^th week of the year – ½ way through 2017

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1196. We are looking to complete a 5^th wave in ...

Currently we are @ 1.3288 in a corrective flag. Below 1.3230 after the flag break we are looking to move to the Day chart bottom @ 1.3123. The average daily true range (ATR) for the pair currently is 82 pips.