Note: USDX is in a bullish move and we expect it to continue to the top.Be aware that that could change in a heartbeat and will affect the currencies below.ATR’s are finally increasing.

$EURUSD

What ProAct Traders See:Bearish: We are currently sitting @ 1.2319 in a range. We are looking for a continuation of the downside move to the square up @ 1.2235 and then a further move to 1.2151. The average daily true range (ATR) for the pair currently is 91 pips.

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$USDJPY

What ProAct Traders See: Waiting: We are currently @ 106.27 trying to make the turn to the upside. We will be looking for a continuation to the 0.618 Fibo @ 108.48. The average daily true range (ATR) for the pair currently is 80 pips.

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$GBPUSD

What ProAct Traders See:Bearish: Cable is currently sitting @ 1.4034 in a range with a flag pattern in play.We are looking for a continuation to the square up @ 1.3950 and then to the 0.786 Fibo @ 1.3879. The average daily true range (ATR) for the pair is 113 pips.

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

What ProAct Traders See:Bearish: Aussie is @ 0.7683 in a channel inside a large channel in a range.We are watching for a continuation down to the psychological support @ 0.7600 area and then to the Bottom @ 0.7500.The average daily true range (ATR) for the pair currently is 65 pips.

Bearish: Currently we are @ 1.6035 after a break to the downside.We are looking for a continuation to the 0.500 Fibo @ 1.5916 and expect consolidation in that area. The average daily true range (ATR) for the pair currently is ...

Bullish: Currently we are @ 1.3471 attempting a top break.We have convergence for an upside move.We are looking for a continuation to the 1.618 Fibo @ 1.3546 with the next target the 2.270 Fibo @ 1.3630. The average daily true ...

Bearish: Currently we are @ 1.0742 back in the channel.We are looking for a continuation to the 0.618 Fibo @ 1.6948 with the next target the 0.786 Fibo @ 1.6889. The average daily true range (ATR) for the pair currently ...

Bearish: Currently we are @ 1.0610 in a flag pattern.We are looking for a continuation o the Day support @ 1.0561 with the next target the 2.270 Fibo @ 1.0520. The average daily true range (ATR) for the pair currently ...

Note: USDX is in a Sideways move and close to the bottom – watch for a bounce or breakout.Be aware that that could change in a heartbeat and will affect the currencies below.ATR’s are still dropping.

$EURUSD

What ProAct Traders ...

Bearish: Currently we are @ 81.44 and just breaking the correction support. We are looking for a continuation to the 1.270 Fibo @ 80.88 and then a continuation to the 1.618 Fibo @ 80.39.The average daily true range (ATR) for ...

Bullish: Currently we are @ 81.88 in a nice channel to the upside. We are looking for a continuation to the square up @ 82.72 and then a sell off here.average daily true range (ATR) for the pair currently is ...

Bullish: Currently we are @ 1.3373 at the end of a nice channel to the upside. We are looking for one more run at the top @ 1.3467 and then a sell off here.We have divergence in the pair. The ...

Bullish: Currently we are @ 81.90 at the start of a new channel to the upside. We are initially looking for a continuation to the 0.618 Fibo @ 82.68 and a further target @ 84.64 area this week. The average ...

Note: USDX is in a “possible” bullish trend.Be aware that that could change in a heartbeat and the ATR’s are falling.

$EURUSD

What ProAct Traders See:Bearish: We are currently sitting @ 1.2286 after putting in a top.We are looking ...

Bullish: Currently we are @ 1.3928 just out of a wedge and possibly at the start of a new channel to the upside. We are initially looking for a continuation to the 0.382 @ 1.4008 and a further target @ ...