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$EURUSD WHAT ProAct Traders SEE: The market moved within 20 pips of the 1.3861 top and then corrected on Friday. We can see a very well built channel on the 240 chart and the bottom of that should give support to the cross for...

The Cross has built a nice descending wedge  and revisited the (s4) bottom 4 times at  0.7426. A break of the bottom targets the support at 0.7345 and then the 0.7312 (.618 extension)...

The Cross has revisited the top of 1.6274 ( there is another high slightly higher at 1.6296) and reacted to the downside.  If this the top then we can expect a move back to the .382 fibo and the S2 around the 1.6164...

The Cross reacted strongly on the  Inflation Expectations q/q  announcement and also the earthquake in Christchurch.  The question now is where will it go.  Be cautious because the move last night will have...

The Cross has built a nice bull flag indicating another move to the upper targets.  Cross must break the top first at 1.6268.  First target then is the resistance at 1.6302 with the R7 and the .270 fib extension coming...

  $EURUSD WHAT ProAct Traders SEE: The market finally broke the trend line to the north and currently sits at 1.3686 which is also resistance and the .618 Fibo. Expecting a pull back to the .500 fibo and then a run at the...

The Cross is testing the .500 Fibo from the last swing high/low. A descending wedge can be found on the lower time compressions indicating a continuation to the downside.  A break of the wedge and the S4 targets the .618...

The Cross is testing the trend line to the downside also the .500 Fibo. A break here targets are the 0.9964 support also the S4 and the .618 fibo.  Further targets are the .786 Fibo @.9889.  A bounce up here targets a...

  $EURUSD WHAT ProAct Traders SEE: The market finally broke the trend line the 1.3547 and put a double bottom in place at 1.3503 ( below the former bottom of 1.3507). The cross is sitting just above the 4th support (S4) at...

The Cross broke through the trend line and is now headed for the .786 fibo @ 1.3559 area.  We currently are breaking the .618 fibo and the S3 @ 1.3599.  A break of the  1.3559 area targets trend line  near...