$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1159 in a range. We are looking for a continuation to the top (totally against the USDX). First top is @ 1.1330 and the second the Range top @ 1.1470. Watch the USDX for clues on direction. If we attempt another break to the downside and successful, look to 1.0960. The average daily true range (ATR) for the pair currently is 70 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 104.02 and in a range. We are looking for a move initially to the 0.214 Fibo @ 105.02 with a target overall this week at 106.36. The average daily true range (ATR) for the pair currently is 87 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.3297 and in a large range. We are looking to take out the top @ 1.3277 and then reverse for a move to the 0.618 Fibo @ 1.3060. Watch for a stall @ the 1.3181 area. The average daily true range (ATR) for the pair currently is 111 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7568 and in a Range. We are looking for a move to the downside after the break of the slope. Look first to the 0.618 Fibo @ 0.7380 with the overall target the 0.786 Fibo @ 0.7277. The average daily true range (ATR) for the pair currently is 64 pips.