Blog Roll

My FX Street Forecast
Wednesday, May 27, 2015 - 11:01

Enjoy

$AUDCHF- Wedge Break?
Wednesday, May 27, 2015 - 07:34

Currently we are at 0..7337 and out of the wedge. We are looking for a continuation to the Fibo extension area @ 0.7244.  The average daily true range (ATR) for the pair currently is 95 pips.

$USDCAD- next target?
Tuesday, May 26, 2015 - 07:39

Currently we are at 1.2392. We are looking for a continuation to the Resistance area @ 1.2412 with an overall target @ 1.2550.  The average daily true range (ATR) for the pair currently is 114 pips.

 

Ozzie Month could bounce?
Monday, May 25, 2015 - 11:40

Thoughts at this point

Target Trading in the Forex upcoming week of May 24, 2015
Target Trading in the Forex upcoming week of May 24, 2015
Friday, May 22, 2015 - 19:48

$EURUSD 

What ProAct Forex Target Traders See:  We are currently sitting @ 1.1008 in a new down trend. We are looking initially for the S6 Support @ 1.10856 and we should see a continuation there to 1.0665 before the pullback. The average daily true range (ATR) for the pair currently is 144 pips.

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$USDJPY                                                                                                                   

What ProAct Forex Target Traders See:  We are currently @ 121.54 out of the range. Looking now to finish the 3rd wave move the R5 @ 11122.66.  The average daily true range (ATR) for the pair currently is 74 pips.

 

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$GBPUSD                                                                                                                   

What ProAct Forex Target Traders See:  Cable is currently sitting @ 1.5476. We are looking to finish the 3rd wave to the S5 @ 1.5325 and then a correction.   The average daily true range (ATR) for the pair currently is 160 pips.

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

What ProAct Forex Target Traders See:  Aussie is @ 0.7818.  We are waiting for a bounce to create the 2nd wave and the new trend top for a move down to the 0.786 Fibo @ 0.7685.  The average daily true range (ATR) for the pair currently is 109 pips.

 

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My FX Street Forecast
Thursday, May 21, 2015 - 08:15

Enjoy

$GBPUSD- Next Target?
Thursday, May 21, 2015 - 07:34

Currently we are at 1.5675 after a nice bounce. We are looking for a continuation to the R5 resistance area @ 1.5834 with an overall target @ 1.6058.  The average daily true range (ATR) for the pair currently is 164 pips.

CADJPY- more left AFTER FOMC?
Wednesday, May 20, 2015 - 07:44

Currently we are at 98.98 near the end of a correction. We are looking for a continuation to the Support area @ 98.11 with an overall target @ 97.50.  The average daily true range (ATR) for the pair currently is 80 pips.

$AUDJPY- Breakout?
Tuesday, May 19, 2015 - 07:55

Currently we are at 95.95 and back in the old range. We are looking for a continuation to the Support area @ 94.46 with an overall target @ 93.80.  The average daily true range (ATR) for the pair currently is 118 pips.

$EURNZD more left?
Monday, May 18, 2015 - 07:43

Currently we are at 1.5374 and have probably put the left shoulder in play of a H&S pattern. We are looking for a continuation to the Resistance area @ 1.5494 for the head part and then start the reversal.   The average daily true range (ATR) for the pair currently is 222 pips.

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