$EURUSD
What Forex Target Traders See: We are currently sitting @ 1.3009 . We got the break out to the upside and now waiting for a correction before going long. We are looking for a continuation to the R5/ resistance @ 1.3129. The next major target above is the -01.270 fib extension @ 1.3238s. The average (14 day) daily true range (ATR) for the pair currently is 102 pips.
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$USDJPY
What Forex Target Traders See: We are currently @ 97.78 and near the top of the trend wall after an explosive move to the upside. We will need to get a pullback hopefully to the .500 fibo @ 95.20 and then the longs should get in place. If the market corrects and bounces near the 95.20 area, we will look to going long to the 3rd wave R6 resistance @ 98.70 and maybe to the 1.270 Fib Extension @ 99.24. The average (14 day) daily true range (ATR) for the pair currently is 119 pips.

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$GBPUSD
What Forex Target Traders See: Cable is currently @ 1.5339. We are looking for a continuation to the R6 resistance @ 1.5441 after a shallow correction (.382 @ 1.5238). It may not get that low and bounce on the R4 @ 1.5266. The average (14 day) daily true range (ATR) for the pair currently is 100 pips.

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$AUDUSD – A great smooth currency for Newbie’s!
What Forex Target Traders See: Aussie is currently @ 1.0355 –in a wedge pattern. We are sitting on the .786 fibo which is a bounce point. Although we could go lower to the support @ 1.0350 the immediate target is currently the R5 @ 1.0490 area. The average (14 day) daily true range (ATR) for the pair currently is 56 pips.

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