$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0606 and possibly trying to trend up (look to the USDX for clues). A couple of different scenarios: 1: Bullish: a move to the 0.786 Fibo @ 1.0706 area and 2: Bearish: A break down to the double bottom support @ 1.0520. The average daily true range (ATR) for the pair currently is 66 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 112.93 still in a large channel and following the USDX down. We are looking to initially move up to the day chart bottom @ 111.93 and maybe continue to the 1.270 Fibo @ 109.71. The average daily true range (ATR) for the pair currently is 102 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2412. We are in a large range and in a bearish pennant. We are looking to continue to the 0.618 Fibo @ 1.2260 and then on to the 0.786 Fibo @ 1.2140. The average daily true range (ATR) for the pair currently is 92 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7659 in a range. A couple of different scenarios: 1: Bullish: a move to the square up @ 0.7601 area and bounce 2: Bearish: A break down to the 0.382 @ 0.7493. The average daily true range (ATR) for the pair currently is 56 pips.