$EURUSD
What ProAct Forex Target Traders See: We are currently sitting @ 1.0903. We completed and abc correction and if dollar weakness holds we are looking for a continuation to the resistance @ 1.1019 with an overall target to the R6 @ 1.1142. The average daily true range (ATR) for the pair currently is 85 pips.
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$USDJPY
What ProAct Forex Target Traders See: We are currently @ 117.65 after completing a trending move. We are looking for a bounce to the 0.500 Fibo @ 119.98 and a possible continuation to the 119.64. The average daily true range (ATR) for the pair currently is 72 pips.
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$GBPUSD
What ProAct Forex Target Traders See: Sterling is currently @ 1.4518. We are looking for a continuation to the S8 @ 1.4326 and expect a bounce there. The average daily true range (ATR) for the pair currently is 88 pips.
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$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.6985 in a large range. We are looking for a bounce @ 0.6950 and then back to the 0.500 Fibo @ 0.7159. The average daily true range (ATR) for the pair currently is 67 pips.
Markets began 2016 in a sour mood, and this resulted in a “risk off” sentiment”. US Crude Oil Inventories, Australian Employment data, ...
$EURUSDWhat ProAct Forex Target Traders See: We are currently sitting @ 1.0903. We completed and abc correction and if dollar weakness holds we are looking for a ...
$EURUSDWhat ProAct Forex Target Traders See: We are currently sitting @ 1.0903. We completed and abc correction and if dollar weakness holds we are looking for a ...
$EURUSDWhat ProAct Forex Target Traders See: We are currently sitting @ 1.0903. We completed and abc correction and if dollar weakness holds we are looking for a ...
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish From Monday till Wednesday, this pair went south. However, it ...
First, about the forecast for the past week: the forecast for EUR/USD was fully implemented during the first half of the week. According to ...
Resistance Hinders Further Upside Movement. Effects of the NFP Still Not Done EUR/USD Forex News: The jobs situation in the United States improved ...
EUR/USD Forex News: Trading was mostly bearish yesterday after the pair made an unsuccessful attempt to break resistance. Price briefly climbed above 1.0945 but the ...
EUR/USD Forex News: The euro-dollar moved without clear direction all day yesterday and gravitated around 1.0870 level. The fundamental scene was rather calm, contributing to ...
USDA report came out The USDA released the grains report where revised down the corn and soy harvest estimated and the wheat planting acreage. Will ...
EUR USD, “Euro vs US Dollar” Eurodollar is moving above Super Trends again. It’s highly likely that in the nearest future ...
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair experienced short-term upswings and downswings, with no ...