Author: NULL

Currently the cross is @ 0.9881 . We are sitting on support which could cause a bounce. We would then look for a wedge to be built. A break down here would indicate more bearish character and look for a move to the S7 @ 0.9765....

$EURUSD WHAT Forex Target Traders SEE: We are currently sitting @ 1.3516. After a correction to the .500 Fibo we printed a set of twins to the downside. We appear to be conituing a move to the downside. We are looking for a move...

Currently the cross is @ 1.3574 . We have broken out of the Downtrend but as shown it has done that before and come right back into it. It is square up day as well as options expiration day so we want to be sure on direction...

Currently the cross is @ 1.0055 . We are building a descending wedge pattern which is bearish for the cross. We expect a continued move of the 5th wave through to the S5 @ 0.9974. We should bounce there back to the 1.0118 area....

Currently the cross is @0.9172 . We are building a head and shoulders reversal pattern now expect a continued move through to the .500 fibo @ 0.9088. We should bounce there to build the right shoulder so looking for a bounce...

Currently the cross is @1.0140 . We have a little bounce on the .786 Fibo and now expect a continued move through the S4 /.786 fibo down to the double bottom @ 1.0052. We are in a wave 5 to the downside so a break of the bottom...

Currently the cross is @1.0172 . We pulled back to the .500 Fibo and bounces and now headed up to the R5 resistance @ 1.0267. We are in a big area of consolidation so a break of the R5 targets the 0.270 Fib extension @ 1.0365...

$EURUSD WHAT ProAct Traders SEE: We are currently sitting @ 1.3754. After a major correction we are continuing to build a move northward and are threatening to break out of the established downtrend. We do only have 4 waves...

Currently the cross is @1.3616 after bouncing on the 1.3500 psychological number. Looking for a continued retracement up to 1.3712 ( 0.618 Fibo and support and trend line) before another move to the downside. Those targets are...

Currently the cross is @0.7858 after breaking out of the Bear Flag in the London session. A break of the S3 (current spot) and the sideways move to the downside targets the 0.7800 double bottom and then the S4 support @0.7763. A...