$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1197 in a wedge and a range. NFP was negative so should keep feeding the up move at least for a short while. We are looking for a move to the 0.214 Fibo @ 1.1330 and then watch for a move back. The average daily true range (ATR) for the pair currently is ONLY 56 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 102.96 in a range. We are looking for a move initially to the 0.500 Fibo @ 101.94 with a target overall this week at the range bottom @100.20. The average daily true range (ATR) for the pair currently is 81 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2440 and in a large channel. The Crazy move will keep us out of this until we get a pullback. We are looking for a pullback to the 0.500 Fibo and then we’ll see?????? The average daily true range (ATR) for the pair currently is 92 pips (this will rise with the move).

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

What ProAct Forex Target Traders See: Aussie is @ 0.7655 and in a triangle in a range. NFP was negative so should keep feeding the up move at least for a short while. We are looking for a bounce and then a move to the Triangle top near 0.7660 with a possible target overall this week near 0.7720. The average daily true range (ATR) for the pair currently is 56 pips.