GBPJPY channel Trade

Bullish: We are currently @141.17 in a channel. We are looking for a continuation to the ATR target @ 142.00 and then later to the channel top. This could be the last bullish move since we have possible divergence starting. Watch the USDX for direction. The ATR for the pair currently is 111 pips per day.

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GBPUSD Range Trade

Bearish: We are currently @1.3145 in a tight range. We are looking for a continuation to the ATR target @ 1.3042. USDX is headed up so watch for this one. Watch the USDX for direction. The ATR for the pair ...

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AUDUSD Range Trade

Bullish: We are currently @ 0.7173 in a tight range. We are looking for a continuation to the ATR target @ 0.7229 and then the top @ 0.7250-76. Watch the USDX for direction. The ATR for the pair currently is ...

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GBPUSD continuation

Bullish: We are currently @ 1.3124. We are looking for a continuation to the ATR target @ 1.3200 and the triple top @ 1.3256. Watch the USDX for direction. The ATR for the pair currently is 115 pips per day.


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This is what I see in the Forex the week of August 23rd , 2020: USDX, EU,UJ,GU,AU

This is what I see in the Forex the week of August 23rd , 2020: USDX, EU,UJ,GU,AU http://proacttraders.com/blog - see website for more images #forex #$ #Proacttraders #FX


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GBPUSD continuation

Bullish: We are currently @ 1.3139. We are looking for a continuation to the ATR target @ 1.3200 and finish this week @ 1.3300. Watch the USDX for direction. The ATR for the pair currently is 98 pips per day.


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GBPCHF continuation

Bullish: We are currently @ 1.1984. We are looking for a continuation to the ATR target @ 1.2057. Watch the USDX for direction. The ATR for the pair currently is 90 pips per day.


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GBPNZD rising wedge breakout

Bearish: We are currently @ 2.0040 trying to break out of the rising wedge. IF we break, are looking for a continuation to the ATR target @ 1.9811. Watch for a hard bounce there. Below today's target there is a ...

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EURJPY Breakout

Bearish: We are currently @ 125.99 after a Flag break out. We are looking for a continuation to the ATR target @ 125.21. Watch for a hard bounce on the channel. Watch the USDX for direction. The ATR for the ...

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This is what I see in the Forex the week of August 16th , 2020:

This is what I see in the Forex the week of August 16th , 2020: USDX, EU,UJ,GU,AU http://proacttraders.com/blog - see website for more images #forex #$$ #Proacttraders #FX



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AUDUSD Breakout

Bullish: We are currently @ 0.7167 after a channel break out. We are looking for a continuation to the ATR target @ 0.7231 and then possible continue to the resistance @ 0.7250. Watch the USDX for direction. The ATR for ...

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GBPNZD Breakout

Bearish: We are currently @ 1.9884 breaking slope support. We are looking for a continuation to the ATR target @ 1.9682 and then possible continue to the support @ 1.9628. Watch the USDX for direction. The ATR for the pair ...

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Great weekly analysis, very useful and educational.
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