$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1311 after the reversal we anticipated last week. We are looking to work through the Fibs first to 1.1223 then 1.1148 and finally 1.1072. However, a second wave in not printed which means we could bounce first (look to the 0.382 Fibo) before all of this. The average daily true range (ATR) for the pair currently is 77 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 108.65 in a nice flag. We are looking initially to the 0.214 Fibo @ 110.56 with a continuation to the top@ 111.87. The average daily true range (ATR) for the pair currently is 124 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.4369 and in a large range. We have buried the upside bias and now looking initially to the 0.618 Fibo @ 1.4299 and a continuation to the 0.786 Fibo@ 1.4170. The average daily true range (ATR) for the pair currently is 116 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7270 and in a 3^rd wave. We are looking for a bounce to complete the 4^th wave @ the S6/ 0.7110 and then a continuation move down to the bottom @ 0.6733. The average daily true range (ATR) for the pair currently is 98 pips.