Author: NULL

The Cross broke through the trendline and is now headed for the  1.6050 area.  We have the .500 fibo there from the last swing high and low as well as the S4. A break of the  1.6050 area targets the .618 Fibo at...

The Cross squared up the NFP movement at 112.21. It  is now near the .382 fibo @ 111.29.  We are in a nice channel so we will see if we get follow through.  A break of the .382 @ 111.29 targets the 110.87...

$EURUSD WHAT ProAct Traders SEE: The market finally broke from the 1.3862 top and immediately rejected any upward ,movement. The cross is sitting just below the S4 at 1.3587 area after breaking the trend line to the south....

The Cross is reacted strongly to the upside breaking to the R4 and stopping.  We are in a nice up channel so we will see if we get follow through.  A break of the R4 @ 0.9562 targets the .382 fib retracement...

The Cross is breaking out of the rising wedge which is bearish for it. Normally we would get a nice long run with this pattern but tomorrow is NFP so markets will probably be sluggish in anticipation of that announcement. ...

As expected the Cross finally took out the target @ 1.3863 and has pulled back to the R4 target @ 1.3809  We should expect a pullback here to the .382 fib retracement @1.3751 / .500 fib retracement @1.3715.  ...

As expected the Cross finally broke out of the wedge and took out the resistance @ 1.6066 and has moved to the R5 target @ 1.6130. WE should expect a pullback here and then a run at the 1.6166 resistance. Sitting currently just...

Cross finally took out the S4 support @ 111.68 and has bounced back to the .500 Fibo.   Should the cross decide to take another run at the bottom this is s a good place to start.  Looking for an upward move to the...

  $EURUSD WHAT ProAct Traders SEE: The market finally broke the 1.3695 top and immediately rejected any upward ,movement. The cross is sitting on the S3 at 1.3600 area after breaking the trend line to the south. Expect a...

Cross finally took out the R4 resistance @ 1.7758 and has now hit the top of the perfectly built channel.   Some profit taking has already occurred.  We do not think the trend is over just yet. Look for an upward...