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EURNZD– wedge opportunity?

Bearish: Currently we are @ 1.7743 trying to come out of a wedge. IF we can break the 0.214 Fibo @ 1.7699, we are looking for a continuation to the 0.382 Fibo @ 1.7597 and then the square up @ 1.7476 this week. The average daily true range (ATR) for the pair currently is 98 pips.

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GBPAUD– wedge opportunity?

Bearish: Currently we are @ 1.8122. IF we can break the 0.618 Fibo here out of the descending wedge, we are looking for a continuation to the 0.786 Fibo @ 1.8038 and then the S5 support @ 1.7968 this week. The average daily true range (ATR) for the pair currently is 176 pips.

 

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September Real Estate of the Month Trade Setup Idea 09/12/2018:

This month's ProAct Traders “Real estate of the month” (formerly the pay your mortgage trade) idea is found in the EURAUD pair.

 

09/12/18 1.6271 start        target= 1.5597 for 674 Pips

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REOTM

GBPCHF– Range opportunity

Bearish: Currently we are @ 126.56. IF we can break the 0.382 Fibo here, we are looking for a continuation to the square up @ 125.31 and also fill the gap. and then the 0.618 Fibo @ 127.18 this week. The average daily true range (ATR) for the pair currently is 82 pips.

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EURJPY – Range opportunity?

Bearish: Currently we are @ 128.89. IF we can break the 0.382 Fibo here, we are looking for a continuation to the 0.500 Fibo @ 127.88 and then the 0.618 Fibo @ 127.18 this week. The average daily true range (ATR) for the pair currently is 111 pips.

 

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GBPJPY – Range opportunity?

Bullish: Currently we are @ 143.81. IF we can break the resistance here, we are looking for a continuation to the range top @ 146.69 this week. The average daily true range (ATR) for the pair currently is 129 pips.

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Target Trading in the Forex week of September 9th, 2018 EU UJ GU AU

Note: USDX is bullish with convergence and in a possible 3rd wave. We are looking for the continuation to the 97.00 area. Be aware that that could change in a heartbeat and will affect the currencies below. ATR’s have remains steady so still summer trading.

$EURUSD

ProAct Traders See: Bearish: We are currently sitting @ 1.1559 in a range. We are looking for a break the support @ 1.1543 and then a continuation to the 0.618 Fibo @ 1.1404. Here we could bounce or continue to the 1.1402 area. The ATR for the the pair currently is 82 pips.

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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
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GBPUSD – Range opportunity?

Bullish: Currently we are @ 1.2949 after the bounce on the 0.382 Fibo. IF we can break the resistance here, we are looking for a continuation to the range top @ 1.3044. The average daily true range (ATR) for the pair currently is 98 pips.

 

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EURAUD – Top Break opportunity?

Bullish: Currently we are @ 1.6144 at the day chart top. We have had 7 efforts to break this and so far not successful. IF we can break the resistance here, we are looking for a continuation to the 1.270 Fibo @ 1.6218. The average daily true range (ATR) for the pair currently is 98 pips

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