AUDJPY: Triangle Breakout?

Bearish: Currently we are at 73.90 in a range and in a triangle.We are looking for the breakout short to the ATR target @ 73.24. Watch for the bounce on the range bottom @ 73.34. The average daily true range (ATR) for the pair currently is 62 pips with a 180-day ATR of 63 Pips. WATCH THE USDX for more clues.


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GBPUSD Channel Continuation Opportunity

$GBPUSD

What ProAct Traders See:Bearish: We are currently @ 1.2854.We are anticipating that this may be a 3rd wave – still early.We are looking to continue to the 1.2750 and maybe bounce there.Watch the USDX for direction ...

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EURPY: Breakout?

Bullish: Currently we are at 120.37 in a range and in a channel.A continuation here would target the ATR target @ 121.93 and then the range top @ 121.50 area. Watch for the Sell off there and the resumption ...

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GBPAUD: continuation?

Bearish: Currently we are at 1.8927 in a range and in a channel.A break down here would target the ATR target @ 1.8800. This might go before FOMC but mostly likely after. The average daily true range (ATR) for the ...

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GBPUSD: Decision time

Two scenarios: Bullish:a move to the upper day chart trend line @ 1.2996 area) and break out we will look to the R5 @ 1.3172.2: Bearish: A break down here or the 1.2996 area would set up a nice wave ...

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GBPAUD: To the top?

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GBPNZD: Range trade?

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GBPJPY: Range trade?

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EURJPY: Finally break?

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EURAUD: Continuation

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GBPJPY: Range Breakout

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EURJPY: Range Breakout

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Great weekly analysis, very useful and educational.
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