This is what I see in the Forex the week of July 1st , 2019: USDX, EU,UJ,GU,AU

Yesterday This is what I see in the Forex the week of July 1st , 2019: USDX, EU,UJ,GU,AU
Note: USDX: We are waiting based on the current chart which may be totally opposite when the Market opens on Monday due to after hours trading A couple of different scenarios: 1: Bullish: a bounce here, look for a move back to the range top The 60-minute chart is showing convergence for the up move

2: Bearish: A continuation here would most likely target the 95.

00 area The 240-minute chart shows convergence to the downside and a possible bear flag pushing it to the downside Be aware that this could change in a heartbeat and will affect the currencies below ATR’s are slightly lower than last week, so look for them to increase further
$EURUSD
What ProAct Traders See: Waiting: We are currently @ 11371 in a range and channel A couple of different scenarios: 1: Bullish: a bounce here, look for a continuation to the range top @ 11448 (and maybe through to the 1270 Fibo @ 11495) 2: Bearish: the flag pattern show that they have already made th turn and are now looking to move to the range bottom @ 11100 Watch the USDX for direction The ATR for the pair currently is 57 pips
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$USDJPY
What ProAct Traders See: Bullish: We are currently @ 10793 in a channel and range We are looking to continue to the range top @ 10869

A pullback there could set up a 5th wave above or the reversal to the downside.

Watch the USDX for direction 54 pips

$GBPUSD
What ProAct Traders See: Waiting: We are currently @ 1.

2700 in a tight range inside a big range A couple of different scenarios: 1: Bullish: a bounce here look for a move back to the tight range top @ 12800 and possible continuation on a break above there 2: Bearish: We have a flag pattern to the downside indicating the short A continuation here would most likely take out the range bottom @ 12500 and then back to the range top
Watch the USDX for direction The average daily true range (ATR) for the pair is 79 pips
$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Traders See: Waiting: We are currently sitting @ 07024 at the top of a tight range with a rising wedge reversal pattern showing A couple of different scenarios: 1: Bullish: a break above here look for a move to the square up @ 07080 2: Bearish: A reversal here would most likely target the 0786 Fibo @ 06873 Watch the USDX for direction 42 pips
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