Target Trading in the Forex week of Dec 21st, 2015 (EU,UJ,GU,AU)

Merry Christmas everyone

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0864. We are looking for a continuation to the Day chart bottom @ 1.0460 with an overall target to the S8 5th wave @ 1.0117. The average daily true range (ATR) for the pair currently is 122 pips.

————————————————————————--

$USDJPY

What ProAct Forex Target Traders See: We are currently @ 121.24 in a sideways move. We are looking for a continuation to the range support @ 120.00 and then a bounce back to the 0.500 Fibo @ 121.83. Should it break to the downside, look for the 1.270 Fibo @ 119.51. The average daily true range (ATR) for the pair currently is 103 pips.

——————————————————————————–

$GBPUSD

What ProAct Forex Target Traders See: Sterling is currently @ 1.4914. We are looking for a continuation to the 1.270 Fibo @ 1.4762 with a continuation to 1.4632. The average daily true range (ATR) for the pair currently is 111 pips.

——————————————————————————–

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

What ProAct Forex Target Traders See: Aussie is @ 0.7189 in a large box. We are looking for a continuation to the support @ 0.7013 and a continuation to the support @ 0.6937. The average daily true range (ATR) for the pair currently is 87 pips.

Posted to Introduction to Forex Targe… on Dec 19, 2015 — 9:12 AM
Comments ({[comments.length]})
Sort By:
Loading Comments
No comments. Break the ice and be the first!
Error loading comments Click here to retry
No comments found matching this filter
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

         
I feel I picked the right trading company.
         
See All Reviews →