Author: NULL

After testing 1.4875 and seeing a .382 retracement will we now see a bounce to the upside to retest that same level? Look for signs of the dollar weakness for a move up. Should things react to the downside then we will look for...

This is what I see in the Forex starting the week of Oct 11th – an OPINION ONLY:    www.proacttraders.com I do these three currency pairs because they represent a cross section of the market as a whole...

The USDJPY has moved back higher after correcting in London. The pair is testing the .786 fibo at the 89.58 level. There is additional resistance today at the 89.72. Look for sellers against the levels. However, a move above...

The USDCAD has moved back below the low 1.0531 which was above yesterdays low of 1.0526. This should give shorts some concern. However, until the price extends back above the 1.0619 level, the bears remain in charge. On a move...

Looking for the continuation of the up move. We tested the R3 ( and MA) at 131.04. Market is trying to move higher with an upside target at the R4 ( 132.00 area). Breaking through the S3 again should find buyers here for the...

We broke the descending wedge south and not looking to break 88.63. Two target areas ahead .8820-.8808 (S4) and then .8710 Support from the 240.  ...

I do these three currency pairs because they represent a cross section of the market as a whole – all matching up to possible opportunities on Wild Card, 6 Aces and Royal Flushes (Trending and Elliott Wave) and they...

The GBPUSD has continued to find support at the 1.5950 level). We have tagged the .500 fibo and broken through the bear flag and still moving down in the 240 channel. Next target is the 1.5886 ( S4)...

USDCHF – Looking for a sideways move or small pullback as dollar buyers are in...