$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0633 out of a rising wedge which is bearish. We are looking to continue up to the 0.618 Fibo @ 1.0528 and then continue to the 0.786 Fibo @ 1.0445. The average daily true range (ATR) for the pair currently is 75 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 113.39 still in a large channel but with the break of a falling wedge. This is bullish for the pair. We are looking to initially move up to the 0.500 Fibo @ 115.12 and then continue to the 0.786 Fibo @ 117.11. The average daily true range (ATR) for the pair currently is 118 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2483. We are in a large range and in a down channel. We are looking to continue to the 0.500 Fibo @ 1.2344 and then on to the 0.786 Fibo @ 1.2140. The average daily true range (ATR) for the pair currently is 107 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7676 breaking out of the top of a channel. The trend is your friend till it bends – we are bending. We are looking to the 0.382 @ 0.7493 initially and then to the 0.500 Fibo @ 0.7429. The average daily true range (ATR) for the pair currently is 56 pips.