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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 are approaching the .500 fib and the 6th...

EurUsd has cleanly reversed and due to the failure of the FOMC to continue the move the dollar is now strengthening as has been expected for some time.  we are currently at the 6th support (S6) and the 1.2965 suppport.  we have...

REMEMBER: THIS IS BIG PICTURE ONLY – NOT INTRADAY! Please NOTE!!!! This is an opinion only! CLICK ON IMAGES TO ENLARGE Note: Talk of BOJ intervention ——————————————————————————– EURUSD WHAT ProAct Traders SEE: A case can...

Watch for the EURUSD to stall or stop after the Non Farm Payroll reaction at or near 1.3344.  This is the 6th resistance level from the bottom of this leg and has confluence from the former trend line there as well.  Further...

The EURUSD took out our intermediate target from yesterday and fell just shy of our outer target @ 1.3277,  We have since seen a pullback to the former high at 1.3196.  If we get a bounce here we are targeting the 1.3277 still...

EU is currently testing a break of the very strong resistance @ 1.3127.  If we can make the break- watch for the hook back and then a go to the 1.3200.

REMEMBER: THIS IS BIG PICTURE ONLY – NOT INTRADAY! Please NOTE!!!! This is an opinion only! CLICK ON IMAGES TO ENLARGE Note: Market has a tendency to range prior to Non Farm Payroll (NFP). Watch the GBPUSD – big targets...

We have come down to the .382 retracement of the last leg and bounced.  Oridnarily we would look to build a bear flag and then go further to the .500 fib.  Looking at the chart however, there is a large consolidation area...

The EURUSD hit our target from yesterday and the R5.  Should see a little profit taking and then a march to the 1.618 fib extension at 1.3168.  Downside target is now 1.3031 on a pullback if any.