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EURJPY: Finally break?

By Pro Act Traders — Forex Educators

Bearish: Currently we are at 120.25 in a channel.We broke out of the consolidation and we should hit the ATR target @ 119.64. The overall target is the 117.00 area. Watch the 119.28 area. WATCH THE USDX for more clues.The ATR is 66 Pips per day.


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Posted to Introduction to Forex Targe… on 11/12/19 at 08:32:01 Comments

EURAUD: Continuation

By Pro Act Traders — Forex Educators

Bearish: Currently we are at 1.6060 in a channel.We broke out of the symmetrical triangle and we should hit the ATR target @ 1.5991. Watch the 1.6000 area. WATCH THE USDX for more clues.The ATR is 72 Pips per ...

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Posted to Introduction to Forex Targe… on 11/07/19 at 08:40:40 Comments

GBPJPY: Range Breakout

By Pro Act Traders — Forex Educators

Bullish: Currently we are at 140.75 in a range.If we Break out we should hit the ATR target today @ 141.89. Watch the 141.49 area. WATCH THE USDX for more clues.The ATR is 117 Pips per day.


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Posted to Introduction to Forex Targe… on 11/06/19 at 08:19:19 Comments

EURJPY: Range Breakout

By Pro Act Traders — Forex Educators

Bearish: Currently we are at 140.00 in a range.If we do hit the ATR target today @ 120.18it will require the range breakout and would setup a stronger move to the downside to possible the 0.382 Fibo @ 119.23. WATCH ...

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Posted to Introduction to Forex Targe… on 11/05/19 at 08:47:14 Comments

GBPJPY: Triangle Breakout

By Pro Act Traders — Forex Educators

Bearish: Currently we are at 140.00 and looking to breakout of the symmetrical triangle. We are looking to continue to the ATR target @ 138.51 and then the 0.382 Fibo @137.28 which may complete an abc corrective pattern for a ...

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Posted to Introduction to Forex Targe… on 11/04/19 at 08:20:10 Comments

GBPJPY: Channel Breakout

By Pro Act Traders — Forex Educators

Bearish: Currently we are at 140.29 and looking to breakout of the channel.We are looking to continue to the 0.786 Fibo @ 139.44 and then the ATR target @138.72. WATCH THE USDX for more clues.The ATR is 170 Pips ...

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Posted to Introduction to Forex Targe… on 10/31/19 at 08:49:21 Comments

AUDCHF: Rising wedge reversal

By Pro Act Traders — Forex Educators

Bearish: Currently we are at 0.8914 after a breakout of the rising wedge.We are looking to continue to the ATR target @ 0.6775 and then the 0.500 Fibo @ 0.6746. WATCH THE USDX for more clues.The ATR is 48 ...

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Posted to Introduction to Forex Targe… on 10/30/19 at 08:38:47 Comments

GBPUSD: 5th wave

By Pro Act Traders — Forex Educators

Bullish: Currently we are at 1.2860 after a correction.We are looking to continue to the ATR target @ 1.3013 and then the R5 @ 1.3147 and maybe the 1.618 Fibo @ 1.3147 by weeks end.WATCH THE USDX for more ...

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Posted to Introduction to Forex Targe… on 10/29/19 at 08:55:48 Comments

GBPJPY: continuation

By Pro Act Traders — Forex Educators

Bullish: Currently we are at 139.59 in a breakout channel.We are looking to continue to the Range top and then to the ATR target @ 141.26 and hold for the 0.618 Fibo @ 73.70 and then on to the 0.500 ...

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Posted to Introduction to Forex Targe… on 10/28/19 at 08:46:09 Comments

AUDJPY: continuation

By Pro Act Traders — Forex Educators

Bearish: Currently we are at 74.27 in a channel.We are looking to short the to the ATR target @ 73.81 and hold for the 0.618 Fibo @ 73.70 and then on to the 0.500 Fibo @73.34. WATCH THE USDX for ...

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Posted to Introduction to Forex Targe… on 10/24/19 at 08:38:59 Comments

EURUSD: continuation

By Pro Act Traders — Forex Educators

Bearish: Currently we are at 1.1122 in a channel.We are looking to short the to the ATR target @ 1.1079 and then on to the 0.500 Fibo @1.1029. WATCH THE USDX for more clues.The ATR is 47 Pips per ...

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Posted to Introduction to Forex Targe… on 10/23/19 at 08:38:34 Comments

GBPJPY: Reversal

By Pro Act Traders — Forex Educators

Bearish: Currently we are at 141.20 in a Day Trend and sat the top of a 3rd wave.We are looking to short the 4th wave to the 0.382 Fibo @ 137.38 and then a continuation to the 0.618 ...

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Posted to Introduction to Forex Targe… on 10/21/19 at 08:34:53 Comments
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