$EURUSD- fill the gap
Currently @ 1.3707. The cross bounced at 1.3600 as we thought and is now moving to fill the gap. We should see the move to the .500 fibo @ 1.3763 which would also take it to the trendline. Then we...
Read MoreCurrently @ 1.3707. The cross bounced at 1.3600 as we thought and is now moving to fill the gap. We should see the move to the .500 fibo @ 1.3763 which would also take it to the trendline. Then we...
Read More$EURUSDWHAT ProAct Traders SEE: We are currently sitting @ 1.3796 after retreating from the Down trend line (we have twins in the day chart) on the .618 Fibo. This completes an a-b-c retracement so looking for a move to the...
Read More$EURUSD WHAT ProAct Traders SEE: We are currently sitting @ 1.3662 on the S6 and the heart line of the down trend. We are in a nice downtrend but could bounce here back to the .382 fibo at 1.3804. There is...
Read MoreNOTE: Monday is a holiday in USA (ProAct offices closed) $EURUSD WHAT ProAct Traders SEE: We are currently sitting @ 1.4196 just above the day chart trend wall. We are in a nice downtrend but could bounce on...
Read MoreCurrently @ 1.6307. The cross bounced again on the support @ 1.6266. We are still in a well structured down trend so looking for a bounce only to the trend line. The target is the 1.6368 which is the .500 fibo....
Read MoreCurrently @ 1.0650. The cross has made a valiant effort to keep it’s head up in spite of divergence being in this cross. We are staying bullish – for now. The target is the 1.0778 which is the...
Read MoreCurrently @ 1.6405. The cross has made a valiant effort to head higher and currently shows a rectangle pattern which is bullish. The target is the 1.6450 and the R4 (1.6442) If we have broken out of the...
Read More$EURUSD WHAT ProAct Traders SEE: We are currently sitting @ 1.4496 just below the day chart trend wall. We are stuck in a pennant that has proven very difficult to move out of. We are expecting a break of the...
Read MoreCurrently @ 76.67. The cross has made a valiant effort to head north but ran into the .382 Fibo and has fallen ever since. We have broken out of the trend wall and stalled at the .618 Fibo. Expect a hook...
Read MoreCurrently @ 1.6371. The cross has continued to move sideways which is bearish. There is strong support at the 0.618 Fibo @ 1.6323 and then the Trendline @ 1.6266. That area intersects a day chart trend...
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