Author: NULL

We currently approaching the trend wall on the cross.  Cross is being squeezed in a wedge.   Currently at 81.00 and a bounce to the north look for initial resistance target @ 81.57 – should see sellers here....

We currently have broken out of the upper trend wall in a downtrend on the cross.  We have tested the 1.6180 resistance three times.  If it breaks to the north look for initial resistance target @ 1.6217 – should...

We currently broke down out of  the descending wedge and are nearing support @ 0.7275. The .786 Fibo is at 0.7192 which has the potential to turn the cross. The S6 target down is the 0.7215 so watch that...

$EURUSD WHAT ProAct Traders SEE: The market moved back through the correction past the .500 fibo @1.3893. Big reaction to the Earthquake and it remains to be seen what will transpire next week with this. We expect a small...

We broke out of the descending wedge.  Currently we are @ 0.9678 after breaking the support at 0.9684. We expect a small retracement before continuation. The major target down is the S5 @0.9586 and 1.270 Fibo extension @...

We can see the cross is still working inside a descending wedge with the 0.9684 providing support. The major target down is the 1.618 Fibo extension @ 0.9512 with the 1.270 @ 0.9608 and the S5 @ 0.9586. A break to  the...

NFP is now behind us and we can see the cross is still working inside the channel. The major target up is the resistance @ 1.4010 and continuing through to the R6 @  1.4049.  To the downside look for the square up @...

The Cross has broken out north of a descending wedge which definitively puts the bottom in place at 0.9202. However, Unemployment claims came with less claims which could reverse this. The major target up is the 0.382 Fibo @...

The Cross has taken the major target out @ 0.7422 and continued through to the 0.7384. Since then it has built a bear flag which is bearish for the cross.  The 1.270 fib extension is next at 0.7366 and the support @...

The Cross has taken the upside channel out and has pulled back.  It could have a greater pullback to the 1.6242 as the cross looks for support.  This is NFP week so could be real sluggish. When support comes look for...