Currently we are @ 87.77 and out of the symmetrical wedge. We are looking to complete a move to the range support @ 86.77. The average daily true range (ATR) for the pair currently is 72 pips.

This month's ProAct Traders “Real estate of the month” (formerly the pay your mortgage trade) idea is found in the EURAUD pair.

12/05/17 1.5596 start

We see that we are finishing a head and shoulders reversal pattern after a strong ...

Currently we are @ 0.7504 in a 4^th wave correction. We are looking to complete a move to the square up @ 0.7582. From there we are looking for a 5^th wave to start down to the 0.7400 ...

Currently we are @ 1.7191 in a channel and about to break the flag pattern. We are looking to complete a move to the triple bottom @ 1.7100. From there we are looking for a bounce. The average daily true ...

Currently we are @ 77.53 in a channel. We are looking to complete a move to the 0.382 @ 78.15. From there we are looking for a pullback. The average daily true range (ATR) for the pair currently is 60 ...

Note: Tough one to dissect this week - USDX is weak now, but the passing of the largest tax reduction in USA history Friday night after hours, might make the dollar strengthen. This might affect the dollar currency pairs – ...

Currently we are @ 85.03 in a 4^th wave. We are looking to complete a move to the Square up @ 85.51. From there we are looking for a 5^th wave down to 83.72. The average daily true ...

Currently we are @ 0.8833 in a range. We are looking to complete a move to the day chart support @ 0.8749. The average daily true range (ATR) for the pair currently is 64 pips.

Currently we are @ 1.1045 in a range and breaking out of a symmetrical triangle. This pair has a tendency to explode out of patterns. We are looking to complete a move to the 1.270 Fibo support @ 1.0950. The ...

Note: USDX is weak at the moment- affects the movement below. Most ATR’s are dropping leading to more ranging.

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1927 inside a channel in a range. We ...

Currently we are @ 1.7183 in a range. We are looking to complete a reversal and continue to the 0.382 Fibo support @ 1.7112. The overall target is 1.7020 area. The average daily true range (ATR) for the pair currently ...

Currently we are @ 0.8884 in a range. We are looking to break out of the current channel and continue to the 0.786 Fibo support @ 0.8797. The overall target is 0.8749 area. The average daily true range (ATR) for ...