This is what I see in the Forex the week of October 17th, 2021: USDX, EU,UJ,GU,AU

Note: USDX: Bearish–We have convergence in play on MACD on the 4 hour and convergence on the hourly.  We are in a range and in a channel to the downside and anticipate the continuation to the support @ 93.977.  We have 2 square ups much lower and could act as catalysts if we get a stronger push down. The USD pairs should prove it out when the market opens.  All of this could change in a heartbeat and will affect the currencies below. ATR’s are slightly lower than last week. BE SMART - TRADE WITH STOPS!!!! $EURUSD What ProAct Traders See:  Bullish: We are currently @ 1.1599 in the start of a potential channel to the upside (still early!) and at the bottom of a range.  We did finish 5 waves down, so we are looking for the continuation up to the 0.500 Fibo @ 1.1718.  We have convergence on the 240 min MACD. Watch the USDX for reversal and direction. The ATR for the pair currently is EXTREMELY LOW at 50 pips. ¬¬¬………………………………………………… $USDJPY  What ProAct Traders See: Waiting: We are currently @ 114.26 after a very strong move up. We have divergence on the 240 min chart indicating the end.  We could still have one more push up to the R6 @ 115.36.  Watch for the reversal.  The down target is the 0.618 Fibo @ 112.20 and if we get the continuation there, look for 11.00. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 69 pips.  ……………………………………………….. $GBPUSD What ProAct Traders See: Waiting: We are currently @ 1.3745 it a the top of a Day chart trend down. We are looking for a breakdown and then a continuation to 1.3487. We have convergence on the MACD so we could certainly see a breakout to the 1.3900 area.  Watch the USDX for direction. The average daily true range (ATR) for the pair is 99 pips. ………………………………………………… $AUDUSD  What ProAct Traders See:  Waiting: We are currently sitting @ 0.7300 in a range in a range. We are waiting now for the breakdown to the S5 @ 0.7100 area. We could have one more move up to the 0.7450 area before the turn.  Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 66 pips.  Chart Graphics - click to open hit ESC to come back

This is what I see in the Forex the week of October 17th,
2021: USDX, EU,UJ,GU,AU
Note: USDX: Bearish–We have convergence in play on MACD on the 4 hour and convergence on the hourly.  We are in a range and in a channel to the downside and anticipate the continuation to the support @ 93.977.  We have 2 square ups much lower and could act as catalysts if we get a stronger push down. The USD pairs should prove it out when the market opens.  All of this could change in a heartbeat and will affect the currencies below. ATR’s are slightly lower than last week. BE SMART - TRADE WITH STOPS!!!! $EURUSD What ProAct Traders See:  Bullish: We are currently @ 1.1599 in the start of a potential channel to the upside (still early!) and at the bottom of a range.  We did finish 5 waves down, so we are looking for the continuation up to the 0.500 Fibo @ 1.1718.  We have convergence on the 240 min MACD. Watch the USDX for reversal and direction. The ATR for the pair currently is EXTREMELY LOW at 50 pips. ¬¬¬………………………………………………… $USDJPY  What ProAct Traders See: Waiting: We are currently @ 114.26 after a very strong move up. We have divergence on the 240 min chart indicating the end.  We could still have one more push up to the R6 @ 115.36.  Watch for the reversal.  The down target is the 0.618 Fibo @ 112.20 and if we get the continuation there, look for 11.00. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 69 pips.  ……………………………………………….. $GBPUSD What ProAct Traders See: Waiting: We are currently @ 1.3745 it a the top of a Day chart trend down. We are looking for a breakdown and then a continuation to 1.3487. We have convergence on the MACD so we could certainly see a breakout to the 1.3900 area.  Watch the USDX for direction. The average daily true range (ATR) for the pair is 99 pips. ………………………………………………… $AUDUSD  What ProAct Traders See:  Waiting: We are currently sitting @ 0.7300 in a range in a range. We are waiting now for the breakdown to the S5 @ 0.7100 area. We could have one more move up to the 0.7450 area before the turn.  Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 66 pips.  Chart Graphics - click to open hit ESC to come back