$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0983 breaking out of a down channel in a range. We are looking for a continuation to the 0.382 Fibo @ 1.1070 with an overall target this week of 1.1000. The average daily true range (ATR) for the pair currently is ONLY 60 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 104.72 at the bottom of a very short trend. If the USDX continues its slide watch for this pair to break out and continue to the 0.618 Fibo @ 103.85 with an overall target the 0.786 Fibo @ 103.31. The average daily true range (ATR) for the pair currently is 73 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2177 and in a large range. We are looking for a break up in the short run to the range top @ 1.2317and then a reversal back to the downside. The average daily true range (ATR) for the pair currently is 106 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7599 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. The average daily true range (ATR) for the pair currently is 62 pips.