Sunday, June 5, 2016

Target FX Trading: EUR/USD, USD/JPY, GBP/USD, AUD/USD


What ProAct Forex Target Traders See: We are currently sitting at 1.1356. We are looking for a continued move to the 1.270 Fibo at 1.1638. The average daily true range (ATR) for the pair currently is ONLY 61 pips.
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What ProAct Forex Target Traders See: We are currently at 106.64 but still inside the range. We are looking initially for a continuation to the bottom at 105.58 a further target at 103.93. The average daily true range (ATR) for the pair currently is 98 pips.
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What ProAct Forex Target Traders See: Cable is currently at 1.4520 and in a large range. We are looking initially for a continuation to the top at 1.4750 a possible further target at 1.4977. The average daily true range (ATR) for the pair currently is 121 pips.
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What ProAct Forex Target Traders See: Aussie is at 0.71367. NFP negated the nice trend in place and now we are back in a range. We are looking for an initial move to 0.7507 and then 0.7652. The average daily true range (ATR) for the pair currently is 67 pips.

EUR/USD Chart

EUR/USD Chart

USD/JPY Chart

USD/JPY Chart

GBP/USD Chart

GBP/USD Chart

AUD/USD Chart

AUD/USD Chart


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Target FX Trading: EUR/USD, USD/JPY, GBP/USD, AUD/USD Rating: 4.5 Posted by: Unknown

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