$EURUSD
What ProAct Forex Target Traders See: We are currently sitting @ 1.2646. We are looking for the finish of the correction in this resistance area then down to the S8/2.618 Fibo target @ 1.2423. The average daily true range (ATR) for the pair currently is 119 pips.
————————————————————————--
$USDJPY
What ProAct Forex Target Traders See: We are currently @ 108.20. We wrote last week” we are looking for a higher correction to the 0.214 Fibo @ 108.20”. We are looking for one more corrective move down then back to the 0.214 Fibo @ 108.20. The average daily true range (ATR) for the pair currently is 93 pips.
——————————————————————————–
$GBPUSD
What ProAct Forex Target Traders See: Cable is currently sitting @ 1.6086 at resistance for the downside We are looking for an initial target down to the S6 @ 1.5915 and overall target the 1.618 fibo @ 1.5792. The average daily true range (ATR) for the pair is 119 pips.
——————————————————————————–
$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.8798 in a sideways move and triangle which is bearish. We expect a move to the bottom @ 0.8661 and any break of the 0.8660 area should provide a big move to the S7 @ 0.8413! The average daily true range (ATR) for the pair currently is 120 pips.
What ProAct Forex Target Traders See: We are currently sitting @ 1.2646. We are looking for the finish of the correction in this resistance area then down to the S8/2.618 Fibo target @ 1.2423. The average daily true range (ATR) for the pair currently is 119 pips.
————————————————————————--
$USDJPY
What ProAct Forex Target Traders See: We are currently @ 108.20. We wrote last week” we are looking for a higher correction to the 0.214 Fibo @ 108.20”. We are looking for one more corrective move down then back to the 0.214 Fibo @ 108.20. The average daily true range (ATR) for the pair currently is 93 pips.
——————————————————————————–
$GBPUSD
What ProAct Forex Target Traders See: Cable is currently sitting @ 1.6086 at resistance for the downside We are looking for an initial target down to the S6 @ 1.5915 and overall target the 1.618 fibo @ 1.5792. The average daily true range (ATR) for the pair is 119 pips.
——————————————————————————–
$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.8798 in a sideways move and triangle which is bearish. We expect a move to the bottom @ 0.8661 and any break of the 0.8660 area should provide a big move to the S7 @ 0.8413! The average daily true range (ATR) for the pair currently is 120 pips.
Recommended Content
Editors’ Picks
AUD/USD: The hunt for the 0.7000 hurdle
AUD/USD quickly left behind Wednesday’s strong pullback and rose markedly past the 0.6900 barrier on Thursday, boosted by news of fresh stimulus in China as well as renewed weakness in the US Dollar.
EUR/USD refocuses its attention to 1.1200 and above
Rising appetite for the risk-associated assets, the offered stance in the Greenback and Chinese stimulus all contributed to the resurgence of the upside momentum in EUR/USD, which managed to retest the 1.1190 zone on Thursday.
Gold holding at higher ground at around $2,670
Gold breaks to new high of $2,673 on Thursday. Falling interest rates globally, intensifying geopolitical conflicts and heightened Fed easing bets are the main factors.
Ethena Labs launches new UStb stablecoin backed by BlackRock's BUIDL token
Ethena Labs announced on Thursday that it has released a new stablecoin product, UStb. The new stablecoin will be fully collateralized by BlackRock's USD Institutional Digital Liquidity Fund and function similarly to a traditional stablecoin.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
Five best Forex brokers in 2024
VERIFIED Choosing the best Forex broker in 2024 requires careful consideration of certain essential factors. With the wide array of options available, it is crucial to find a broker that aligns with your trading style, experience level, and financial goals.