GBPJPY: Slope support break?

Bearish: Currently we are at 142.49 after the breakout.We are looking to continue to the ATR Target @ 142.40 and then possibly the 0.382 Fibo @ 142.00.Watch for a bounce at the ATR target. The average daily true range (ATR) for the pair currently is 97 pips. WATCH THE USDX for more clues.


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EURJPY: Triangle break?

Waiting: Currently we are at 143.14 out of a Symmetrical triangle.We are waiting for the breakout.Two scenarios: Bullish:a move to the ATR Target@ 121.14 area then to the resistance @ 121.50 2: Bearish: A break ...

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GBPJPY: Triangle break?

Bullish: Currently we are at 143.14 out of a Symmetrical triangle.We are looking for the continuation UP to the ATR target @ 143.80 and then the Day Resistance @ 143.86. Watch for the reversal there. The average daily ...

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GBPNZD: Triangle break?

Bullish: Currently we are at 2.0077 in a Symmetrical triangle.IF we can break out we are looking for the continuation UP to the ATR target @ 2.0181 and then the range top this week @ 2.0330. Watch for ...

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GBPJPY: channel continuation?

Bullish: Currently we are at 142.92 in a channel.We are looking for the continuation UP to the ATR target @ 143.62 and then the day top # 143.86. Watch for the reversal there. The average daily true range ...

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EURJPY: channel continuation?

Bullish: Currently we are at 120.52 in a channel.We are looking for the continuation UP to the ATR target @ 120.92. Watch for the possibility of a continuation to the resistance @ 121.50. The average daily true range ...

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GBPNZD: pullback?

Bullish to Bearish: Currently we are at 1.9956 in a rang.We are looking for the continuation UP to the channel wall before a reversal there @ 2.0079. Watch for the possibility of a continuation to the range top ...

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GBPJPY: Flag Breakout?

Bearish: Currently we are at 141.64 in a range and in a bullish flag pattern.We are looking for the breakout to the 1.270 Fibo @ 142.58. Watch for the continuation to the day chart top @ 143.79 ...

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Test Blog

This is only a test blog post...

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AUDJPY: Triangle Breakout?

Bearish: Currently we are at 73.90 in a range and in a triangle.We are looking for the breakout short to the ATR target @ 73.24. Watch for the bounce on the range bottom @ 73.34. The average daily ...

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GBPUSD Channel Continuation Opportunity

$GBPUSD

What ProAct Traders See:Bearish: We are currently @ 1.2854.We are anticipating that this may be a 3rd wave – still early.We are looking to continue to the 1.2750 and maybe bounce there.Watch the ...

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EURPY: Breakout?

Bullish: Currently we are at 120.37 in a range and in a channel.A continuation here would target the ATR target @ 121.93 and then the range top @ 121.50 area. Watch for the Sell off there and the ...

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Great weekly analysis, very useful and educational.
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