$AUDUSD Top in sight
We are within 100 pips of the 0.9847 top set in July 2008. This is also the confluence of the .618 fib extension as well. Will see if the cross will take it out. Buying on...
Read MoreWe are within 100 pips of the 0.9847 top set in July 2008. This is also the confluence of the .618 fib extension as well. Will see if the cross will take it out. Buying on...
Read MoreCable retraced to the .786 fibo and had a strong reaction there. Looking for continuation of that move to the 1.5775 area (trend line). Further targets down are the 1.5728 and the 1.5693.
Read MoreLooking for a pullback on the cross to 0.9654. if so, looking for a some consolidation at that level. A break of that level targets the 0.500 fib at...
Read More$EURUSD WHAT ProAct Traders SEE: We have come up almost to the .500 fibo which could be a key reversal area for the cross. Immediately after that if it continues north there are lots of barriers in the form of key resistance...
Read MoreEurJPY currently in a rising wedge which is bearish for the cross.It is near the fourth resistance area ( R4) which is also resistance from the 240 chart. Watch for a pullback at that area. Downside risk to...
Read MoreEuro currently near the 4.236 fibo area and the confluence of the resistance at 1.3200 (R6). Watch for a pullback at that area. Downside risk to...
Read MoreCable sitting at a critical level. A bounce here targets the double top at 1.5730 then the 1.5867 area. A breech targets the trendline area around...
Read MoreREMEMBER: THIS IS BIG PICTURE ONLY – NOT INTRADAY! Please NOTE!!!! This is an opinion only! CLICK ON IMAGES TO ENLARGE...
Read MoreMarkets are waiting on Prelim/Consumer sentiment. Technicals prior to that indicate: We have reached the top of the channel and have a pullback. A bounce on the channel line targets the double top @ 1.3161....
Read MoreAs long as the cross stays above 0.9342 the (4.236) Fib extension is a viable target at 0.9470. Upper target at 0.9500. A breach of the 0.9342 targets the .500 fibo at 0.9278
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