Note: USDX is still bullish although in a correction in my opinion. ATR’s are really dropping.
EUR/USD
What ProAct Forex Target Traders See: We are currently sitting at 1.1820 in a 5th wave. We are looking for a continuation down to the S4 at 1.1626 and then bounce hard. The average daily true range (ATR) for the pair currently is 64 pips.
————————————————————————--
USD/JPY
What ProAct Forex Target Traders See: We are currently sitting at 111.88 in a range. We are looking for a bounce point so watching the 0.382 for a possible one and then a continuation up to the top at 114.40. The average daily true range (ATR) for the pair currently is 58 pips.
——————————————————————————–
GBP/USD
What ProAct Forex Target Traders See: We are currently sitting at 1.3289 in a range. Current move is a correction in response to the USDX. We are looking for a continuation down to the support at 1.2997. The average daily true range (ATR) for the pair currently is 92 pips. ——————————————————————————–
AUD/USD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: We are currently sitting at 0.7887 in a 4th wave. We may need to complete an abc correction BEFORE a continuation down to the bottom at 1.7697--0.7733 area. The average daily true range (ATR) for the pair currently is 51 pips.
Which stock should you buy in your very next trade?
With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities.
In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record.
With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.