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GBPNZD–Box break?

Bearish: Currently we are @ 1.9206 in a range. IF we can break this support we are looking for a continuation to the 0.786 Fibo @ 1.9061 The average daily true range (ATR) for the pair currently is 118 pips.

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Real Estate of the month result July

Our July REOTM did not materialize in the way we planned.  we have planned for a trending move and instead it turned into a big sideways move.  Traders still made PIPS but not the anticipated.

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REOTM-Result
REOTM

Target Trading in the Forex week of July 29th, 2018 EU UJ GU AU

Note: USDX is ultimately Bearish. We have divergence so looking for the continuation to the upside and then a move to the 0.618 Fibo @ 94.736 and a bounce there. Be aware that that could change in a heartbeat and will affect the currencies below. ATR’s have DECREASED.

$EURUSD

What ProAct Traders See: Bullish: We are currently sitting @ 1.1574 in a range. We are looking to move to finish the down move shortly and bounce to the 0.500 Fibo @1.1681. The ATR for the the pair currently is 74 pips.

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$USDJPY

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What I See in the Forex
What I See in the Forex
What I See in the Forex
What I See in the Forex
What I See in the Forex

GBPCHF–Break?

Bullish: Currently we are @ 1.3019 in a range. IF we can break this slope resistance we are looking for a continuation to the 0.382 Fibo @ 1.3094. The

average daily true range (ATR) for the pair currently is 82 pips.

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GBPUSD–channel opportunity?

Bullish: Currently we are @ 1.3160 in a range and in a channel. IF we can break this resistance we are looking for a continuation to the 0.382 Fibo @ 1.3276. The average daily true range (ATR) for the pair currently is 101 pips.

 

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GBPJPY–channel breakout?

Bullish: Currently we are @ 145.73 in a range and breaking the channel. We are looking for a continuation to the 0.618 Fibo @ 146.82. The average daily true range (ATR) for the pair currently is 101 pips

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Target Trading in the Forex week of July 29th, 2018 EU UJ GU AU

Note: USDX is Bearish. We have divergence so looking for the continuation to the downside. We are looking for a move to the Range bottom @ 94.620 and a bounce there. Be aware that that could change in a heartbeat and will affect the currencies below. ATR’s have stayed roughly the same.

$EURUSD

What ProAct Traders See: Bullish: We are currently sitting @ 1.1659 in a range. We are looking to move to the top of the range this week @1.1853 and then bounce off to continue the range. The ATR for the the pair currently is 77 pips.

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$USDJPY

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What I See in the Forex
What I See in the Forex
What I See in the Forex
What I See in the Forex
What I See in the Forex

AUDCHF–channel breakout?

Bearish: Currently we are @ 0.7355 in a range and breaking the channel. IF we can break the support @ 0.7432 we are looking for a continuation to the square up @ 0.7310. The average daily true range (ATR) for the pair currently is 60 pips.

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