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We have had a correction ALMOST to the .500 of the down move…BUT Aussie appears to be building a bull flag which is bullish for the cross.  It is at a crossroads – if the downtrend holds @ the .8564 area look for a...

REMEMBER: THIS IS BIG PICTURE ONLY – NOT INTRADAY! Please NOTE!!!! This is an opinion only! Good Read: http://tinyurl.com/35o7pm2 CLICK ON IMAGES TO ENLARGE ——————————————————————————– EURUSD WHAT ProAct Traders SEE: We...

The EURUSD has built a nice bear flag and after a valiant effort to get to the .618 Fibo retracement was unable to.  This is a sign of weakness in the current up move.  Today is a square up day for those who do not want to hold...

EURUSD has struggled inside a 200 pips range – currently sitting at the top of that range and poised to breakout.  A breakout north should target the 1.2400 area.  IF it stays inside the range look for a move back to the...

The EURUSD broke the wedge  after the pullback yesterday. Currently sitting on the S3 @ 1.2246.  Next significant target is the area of confluence @ 1.2171 (support, S4, former bottom).  A break of that targets the -0.618 fib...

The Cross hit our targets ( see Most importantly we have broken through the bottom set 10/22/2008.  We are close to support from the day chart @ 1.2177.  Cross is ripe for a corrective bounce since this leg has really rocked...

EU hits yesterdays target -Most importantly we have broken through the bottom set 10/22/2008.  We are close to support from the day chart @ 1.2177.  Cross is ripe for a corrective bounce since this leg has really rocked down in...

EU is entering a consolidation zone (note to the left)  It should battle through to the 1.2296 (S5) and the 1.270 Fi.  A break below that would target the 1.2250 ( the .786 fib retracement is at 1.2557).  We have had a clean...

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 have a head and shoulders pattern in a...

Euro is reeling from all the news – fundamentals were able to divert the market yesterday with rumors of bank intervention in the Euro. Austerity means tougher economic times for the Eurozone, but a lower Euro meens goods...