Note: USDX is Bearish (for now).We expect an ABC after finishing the 5^th wave move to 96.095. Be aware that that could change in a heartbeat and will affect the currencies below. ATR’s have stayed the same.

$EURUSD

What ProAct Traders See: Bullish: We are currently sitting @ 1.1659 in a range. We are looking to move to the top of the range this week.After the break of resistance @ 1.1659 we are looking for a move to the 0.618 Fibo @ 1.1735 and then a continuation to the top @ 1.1853 the pair currently is 97 pips.

­­­…………………………………………………

$USDJPY

What ProAct Traders See: Bearish: We are currently sitting @ 110.61 in a range and a channel. We are looking to break this slope support and continue the move to the square up @ 108.87 and then a continuation to the range bottom @ 108.00.The average daily true range (ATR) for the pair currently is 65 pips.

………………………………………………..

$GBPUSD

What ProAct Traders See:Bullish: We are currently sitting @ 1.3258 in a range and have bounced at the day chart support.We are looking for a small correction before a continuation to the 0.618 Fibo @ 1.3314 and then to the 0.786 Fibo @ 1.3372 with a top @ .The average daily true range (ATR) for the pair is 101 pips.

…………………………………………………

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

What ProAct Traders See:Bullish: We are currently sitting @ 0.7438 (6 pips from this time last week) in a range. We are looking for a continuation to the 0.500 Fibo @ 0.7536 and then MAYBE to the 0.786 Fibo @ 0.7617.The average daily true range (ATR) for the pair currently is 64 pips.

……………………………………………….