Author: NULL

The cross has bounced on the channel bottom and has now tested the top @ 1.4250. Currently sitting on the 1.270 Fibo extension @ 1.4220.  Targets are the R6 @ 1.4370 (previous big move) R5 @ 1.4399 (most recent move) and...

$EURUSD WHAT ProAct Traders SEE: The market has broken to the upside and looking for a continuation to the top @ 1.4291 ( also the 1.618 fibo extension). We should see some consolidation here before the run to the R6 @ 1.4363....

The cross has touched the .786 Fibo yesterday and then retreated and has now broken out of the channel to the downside. Currently sitting on the .500 Fibo @ 0.9150.  Targets are the S3 @ 0.9131 and the 0.9091 which is...

The cross has continued its upward journey and has tested the Resistance @ 0.9238.  We have a ascending wedge in play with the .786 Fibo @ 0.9279 as the target initially on the break.  There is strong resistance just...

The cross has continued downwards and is testing the lower trend line @ 1.4030.  There is strong support just below it @ 1.3990 so be cautious of a false breakout to that line and then a bounce.   A break of this...

$EURUSD WHAT ProAct Traders SEE: The market moved close to the top and the resistance @1.4278 . The pullback has come down to the .500 Fibo @ 1.4058.. There is continued pressure to move to the lower trend wall and .618 Fibo @...

The cross has continued upwards nicely and is testing the .786 Fibo @ 0.7538.  There is strong resistance just above it so expect that a retracement back to 0.7485 first is in order to gain strength to get through.  A...

The cross has come down nicely and is testing the S4 support @ the 1.6182.  A break of this support targets the 4.236 Fibo @ 1.6143. A break there takes us to the bottom of the trend line around 1.6085 area. We should see...

The cross built a right shoulder of a head and shoulders during the London session and is testing the support @ the 1.4144.  The neckline has been broken and a break of the support targets the S3 @ 1.4104. A break there...

We currently @ the 1.618 Fib extension after taking at our targets. Expect a stall here and then continuation to the 1.6459 Resistance. Cross is in a nice well built up trend on the daily.   If we do see a strong...