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$GBPCHF- correct and bounce?

By Pro Act Traders — Forex Educators

Currently we are at 1.4329.  We arelooking for the cross to correct to the bottom of the channel.  A bounceup here would target the 1.4374 again and the breakdown would target the 1.4266area where we have a cluster of support.  The current average dailytrading range (ATR) is 109 pips.

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Posted to Introduction to Forex Targe… on 03/22/13 at 09:09:12 Comments

$GBPUSD- next stop?

By Pro Act Traders — Forex Educators

Currently we are at 1.5186 after breaking through the significant resistance @1.5125. We hit our first target to the pips at 1.5211.  A break up here would target the 1.5250 and then the resistance @ 1.5300. We are bullish.  The ...

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Posted to Introduction to Forex Targe… on 03/21/13 at 08:56:15 Comments

$EURUSD- next stop?

By Pro Act Traders — Forex Educators

Currently we are at 1.2929 afterbouncing on the 1.270  Fibo.  We are testing the down trendwall.  A breakout would target the 618 fibo @ 1.3080. A breakdown wouldtarget the support @ 1.2821.  We are bearish.  The current averagedaily trading range ...

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Posted to Introduction to Forex Targe… on 03/20/13 at 09:30:40 Comments

$GBPUSD- back to top?

By Pro Act Traders — Forex Educators

Currently we are at 1.5133 above the0.214 Fibo.  We looking now for the continuation to the R5 @ 1.5208 with astall at the 1.5200 psychological number. The current average daily tradingrange (ATR) is 115 pips.

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Posted to Introduction to Forex Targe… on 03/19/13 at 08:53:48 Comments

$USDJPY –where to?

By Pro Act Traders — Forex Educators

Currently we are at 95.12  andworking hard to fill the gap.  The target up after the gap is filledis the .214 fibo/resistance @ 95.96. The big target is the R4 Top  at the96.41.  If the gap is filled and the ...

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Posted to Introduction to Forex Targe… on 03/18/13 at 08:56:21 Comments

$GBPJPY –continuation

By Pro Act Traders — Forex Educators

Currently we are at 145.65 @ the .214Fibo.  The overall target is the R7 @ 147.74.  Expect apullback and then a move above 145.85.  A good target for today (triplewitching day) would be the 146.00 before the square up.  The ...

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Posted to Introduction to Forex Targe… on 03/15/13 at 09:02:42 Comments

$CADJPY- nears top?

By Pro Act Traders — Forex Educators

Currently we are at 94.11.  Wenearing  the top @94.25 or higher @ the day chart top 94.59.  Wecould see a pullback there so caution is urged.  The current average dailytrading range (ATR) is 126 pips.

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Posted to Introduction to Forex Targe… on 03/14/13 at 09:09:54 Comments

$AUDUSD- next stop?

By Pro Act Traders — Forex Educators

Currently we are at 1.0320.  Welooking now for the continuation first  to the R4 @1.0350 area then the1.0383 target.  The overall target up is 1.0411.  The current averagedaily trading range (ATR) is 76 pips.

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Posted to Introduction to Forex Targe… on 03/12/13 at 09:21:42 Comments

$GBPUSD- next stop?

By Pro Act Traders — Forex Educators

Currently we are at 1.4877 .  Welooking now for the continuation to the 5th wave S5/1.618 fibextension @1.4823.  The current average daily trading range (ATR) is 128pips.

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Posted to Introduction to Forex Targe… on 03/11/13 at 09:23:15 Comments

$EURJPY- next stop?

By Pro Act Traders — Forex Educators

Currently we are at 125.59 on the 0.382Fibo.  We looking now for the continuation to the R6 @126.46.  The currentaverage daily trading range (ATR) is 202 pips.

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Posted to Introduction to Forex Targe… on 03/08/13 at 09:01:46 Comments

$GBPJPY- Breakout?

By Pro Act Traders — Forex Educators

Currently we are at 142.04  afterthe breakout of the downtrend.  . We are just above the 0.214 Fibo @141.96  and  looking now for the continuation to resistance @143.42then the R6 @ 143.95.  The current average daily trading range (ATR) is198 ...

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Posted to Introduction to Forex Targe… on 03/07/13 at 09:11:48 Comments

$USDCHF- next stop?

By Pro Act Traders — Forex Educators

Currently we are at 0.9448  afterthe bounce of the 214 Fibo @ 0.9414. We are approaching our first target ( R4)@ 0.9460 and  looking now for the continuation to the day chart top@0.9514.  The current average daily trading range (ATR) ...

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Posted to Introduction to Forex Targe… on 03/06/13 at 09:34:19 Comments
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