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REMEMBER: THIS IS BIG PICTURE ONLY – NOT INTRADAY! Please NOTE!!!! This is an opinion only! CLICK ON IMAGES TO ENLARGE ——————————————————————————– $EURUSD WHAT ProAct Traders SEE: We see a bear flag that is forming on the...

We have broken out of triangle but not per the norm and are now building a rising wedge which is bearish for the cross. The wedge could build up to the .382 fib retracement at 1.2756 before making it’s way down. Targets at...

We are treating all rallies as opportunities to add to our short position. Strong support can be found at the 0.8784 area where we have the confluence of the Fibos from the 240 chart and the fib extension from the 30 min. A...

$EURUSD is bouncing in a shallow channel on the support at 1.2690.  We have a bear flag and a wedge both bearish for the cross.  A break of 1.2674 should produce a run to the 1.2547 with a stall at the even number...

$EURUSD WHAT ProAct Traders SEE: We may see a pullback to the 1.2742 (former support) and maybe the 1.2780 unsquared area before resumption of the down move. Targets are 1.2602 and 1.2547 on the downside....

We have had a hundred pip move during the night and Friday is a squaring day so watch for a bounce at the 1.2674 area (Strong support).  Should we break this however next target is the even number at 1.2600 with further targets...

The EJ has built a nice wedge which is bearish. It is still trapped inside but a breakout targets the 108.72 and the 108.15 area.  Breaking to the north a target of 110.50 is the risk.

$AUDUSD hit our target yesterday but failed any further advance.  Top appears to be in place and looking now to break the 0.9003 (S3 and trend line) for a move to the 0.8948 area.

Ozzie is trying hard to break the .500 fibo.  If it is able to  we are looking for the .618 and R4 area around 0.9084  to 0.9100.  Further upside target is the .786 fibo at 0.9146.  Failure to make the break leaves a downside...

EURUSD is in a nice channel and we are looking for follow through to the 1.2723 (S6) area.  A further target is the .382 fib at 1.2691 and the 1.2669 where support can be found.  Upside risk is a break of the channel and then a...