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NZDAUD Rising wedge breakout /continuation

By Pro Act Traders — Forex Educators

Bearish: Currently we are @ 0.6721 in a big range and reacting at the support. IF we can break the support, we are looking for a continuation initially to the 0.618 Fibo @0.6659 and then a move to the 0.786 Fibo @ 0.6575. The average daily true range (ATR) for the pair currently is 62 pips


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Posted to Introduction to Forex Targe… on 01/21/19 at 08:39:49 Comments

GBPAUD breakout opportunity

By Pro Act Traders — Forex Educators

Bullish: Currently we are @ 1.5012 trying to break out of a big range and reacting at the resistance. IF we can break the resistance, we are looking for a continuation initially to the 1.8100 and then a move to ...

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Posted to Introduction to Forex Targe… on 01/17/19 at 08:39:36 Comments

AUDCHF breakout opportunity

By Pro Act Traders — Forex Educators

Bearish: Currently we are @ 0.7098 in a big range and reacting at the resistance. IF we can break the current slope support, we are looking for a continuation initially to the 0.500 Fibo @ 0.7017 and then a move ...

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Posted to Introduction to Forex Targe… on 01/16/19 at 08:49:04 Comments

GBPJPY breakout opportunity

By Pro Act Traders — Forex Educators

Bearish: Currently we are @ 139.32 in a big range and breaking out of a wedge pattern. IF we can break the current support, we are looking for a continuation initially to the 0.382 Fibo @ 138.23 and then a ...

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Posted to Introduction to Forex Targe… on 01/15/19 at 08:43:32 Comments

EURNZD channel opportunity

By Pro Act Traders — Forex Educators

Bearish: Currently we are @ 1.6811 in a big range and channel. If we can break the current support, we are looking for a continuation initially to the 0.618 Fibo @ 1.6741 and then a big move to the 2.270 ...

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Posted to Introduction to Forex Targe… on 01/14/19 at 08:43:41 Comments

NZDJPY channel opportunity

By Pro Act Traders — Forex Educators

Bullish: Currently we are @ 73.43 in a big range and channel. We are looking for a continuation initially to the 0.786 Fibo @ 73.81 and then a big move to the top @ 75.00. The average daily true range ...

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Posted to Introduction to Forex Targe… on 01/10/19 at 08:44:11 Comments

EURAUD Range opportunity

By Pro Act Traders — Forex Educators

Bearish: Currently we are @ 1.5985 in a big range.IF we can break the support here, we are looking for a continuation initially to the 0.500 Fibo @ 1.5878. This currency is also our Real Estate of the Month ...

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Posted to Introduction to Forex Targe… on 01/09/19 at 08:51:04 Comments

EURGBP Range opportunity

By Pro Act Traders — Forex Educators

Bullish: Currently we are @ 0.8879 in a tight range.IF we can break the slope resistance here, we are looking for a continuation to the range top @ 90.73. EURGBP pays 28% more money than the EURUSD. The average ...

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Posted to Introduction to Forex Targe… on 01/08/19 at 08:51:32 Comments

AUDJPY 4th wave opportunity

By Pro Act Traders — Forex Educators

Bullish: Currently we are @ 77.34 in a 4<sup>th</sup> wave.IF we can break the resistance here, we are looking for a continuation to the trend top @ 78.05-78.65. The average daily true range (ATR) for the pair currently is ...

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Posted to Introduction to Forex Targe… on 01/07/19 at 08:36:59 Comments

This is what I see in the Forex the week of January 6, 2019: USDX, EU,UJ,GU,AU

By Pro Act Traders — Forex Educators

Note: USDX is in a tight range.Watch the reaction @ the 96.732 area since we have divergence for the bounce up.Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are higher.

$EURUSD

What ...

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Posted to Introduction to Forex Targe… on 01/05/19 at 11:36:29 Comments

EURUSD ranging opportunity

By Pro Act Traders — Forex Educators

Bullish: Currently we are @ 1.1354 in a range and USDX is threatening a move south.IF we can break the resistance here, we are looking for a continuation to the range top @ 1.1498. The average daily true range ...

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Posted to Introduction to Forex Targe… on 01/03/19 at 08:42:39 Comments

AUDUSD channel continuation

By Pro Act Traders — Forex Educators

Bearish: Currently we are @ 0.6995 in a nice channel.IF we can break the support here, we are looking for a continuation to the 1.270 Fibo @ 0.6920. The average daily true range (ATR) for the pair currently is ...

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Posted to Introduction to Forex Targe… on 01/02/19 at 08:33:27 Comments
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