Note: Currently USDX is bearish – affects the direction below

The August “Pay Your Mortgage Trade Idea” is the CADJPY

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1764 after completing a 4^th wave. We are looking to continue up in a 5^th wave to the R5 @ 1.2038. The average daily true range (ATR) for the pair currently is 82 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 109.16 after completing a 4^th wave. We are looking to continue in a 5^th wave to the S5 @ 107.19. The average daily true range (ATR) for the pair currently is 81 pips.

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$GBPUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.2876 in a bearish channel in a range. We are looking to continue down to the Day chart bottom @ 1.2594. The average daily true range (ATR) for the pair currently is 79 pips.

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

What ProAct Forex Target Traders See: We are currently sitting @ 0.7933 after completing a 4^thwave. We are looking initially for a move to the R5 @ 0.8190. The average daily true range (ATR) for the pair currently is 66 pips.

Currently we are @ 80.47 in a big range. We are looking for a break and an initial move to the 0.382 Fibo @ 81.07 and then a move to the 0.214 Fibo @ 81.61 is likely. The average daily ...

Currently we are @ 1.4905 in a big range. We just got a break of the support @ 1.4937 and a move to the 0.618 Fibo @ 1.4828 is likely. We had consolidation in this area before so look to ...

Currently we are @ 0.7619 in a big range. We are looking for a break of the support @ 0.7590 and a move to the 0.500 Fibo @ 0.7530 and then a continuation to the 0.618 Fibo @ 0.7471. The ...

Currently we are @ 142.23 in a big range. We are looking for a break of the support @ 142.00 and a move to the 1.618 Fibo @ 141.46 and then a continuation to the 1.270 Fibo @ 140.58. The ...

Note: Currently USDX is bearish – affects the direction below

The August “Pay Your Mortgage Trade Idea” is the CADJPY

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1826 after completing a 4^th wave. ...

Currently we are @ 109.60 after a break of support in a big range. We are looking for a move to the Day chart bottom @ 108.85 and then a bounce. The average daily true range (ATR) for the pair ...

This month's ProAct Traders “Pay Your Mortgage Trade” idea is found in the CADJPY pair.

08/08/17

We see that we have created a nice down channel in this very large range. We have convergence on the pair which strengthens the ...

Currently we are @ 86.99 on a strong support. IF we can break this we are looking for a move to the 0.382 Fibo @ 86.34 and then a bounce. The average daily true range (ATR) for the pair currently ...

Note: Currently USDX is bullish after NFP


$EURUSD


What ProAct Forex Target Traders See:
We are currently sitting @ 1.1781 after
breaking out of a rising wedge. We are
looking to do a 4th wave down to the trend wall ...

Currently we are @ 81.95 in a descending wedge but with divergence. We are looking for a final move to the 1.270 Fibo @ 81.13 and then a bounce. The average daily true range (ATR) for the pair currently is ...

Currently we are @ 1.1832 in a rising wedge and divergence which is bearish for the pair. If we break out we are looking for a move to the 0.382 Fibo @ 1.3085 and then continue to the 0.500 Fibo ...