USDCHF (1.0333)

USDCHF seems to be gradually going towards its target at 1.0200 level and from there it might resume its upward trend. Currently the trading volume is very low and we might not see USDCHF moving too sharply and intra-day traders will look for entries with small stops and small profit targets.

Selling just above 1.0350 level seems a good opportunity for a small trade at the moment and long term traders will look to hold back till USDCHF settles itself in one direction.

Recommended Trade:

Sell USDCHF @ 1.0358

Stop @ 1.0400

Profit @ 1.0300

EURUSD (1.4257)

EURUSD is looking to gradually move towards its target at 1.4185 level and we might see it doing so in a day or so. Although the trading volume is expected to become more and more thin as the days progress but the other factor which is holding EURUSD back is a low value of RSI and we expect to see EURUSD being traded in short range for the nest few days.


Recommended Trade:

Sell EURUSD @ 1.4295
Stop @ 1.4335
Profit @ 1.4190

GBPUSD (1.6141)

GBPUSD is moving in a nice downward trend and looking good to head below 1.6000 level during next week. Mostly we will find traders looking to sell GBPUSD on rise to retracement levels and currently a good level can be seen around 1.6200 and this might be the initial selling point for traders during this coming week. RSI is on the lower side in daily charts but seems to have enough space to allow GBPUSD to make a move towards 1.6000 level.


Recommended Trade:

Sell GBPUSD @ 1.6200
Stop @ 1.6260
Profit @ 1.6050

USDJPY (88.61)

USDJPY is currently looking to head towards its target at 88.15 and before doing so it might take a rise just above 89.00 level and around this level we might see trading selling USDJPY for a nice intra-day trade.

Recommended Trade:

Sell USDJPY @ 89.10
Stop @ 89.60
Profit @ 88.20

GBPUSD (1.6577)

GBPUSD is looking to target 1.6700 level at the moment but a strong
resistance is present just above 1.6630 level.
Traders will look to buy GBPUSD around 1.6490 for targets above 1.6600 level.

Recommended Trade:

Entry 1: Buy GBPUSD @ 1.6490
Entry 2: Buy GBPUSD @ 1.6290
Stop: 1.6230
Profit 1: 1.6630
Profit 2: 1.6700

NZDUSD (0.7185)

NZDUSD is looking to break below 0.7100 level but a strong support has
caused NZDUSD to rise twice. We might see another test of 0.7100 level
soon and this time NZDUSD might take a break below that level. The
next target for NZDUSD will be then an important 0.7000 level.

Traders will look to sell NZDUSD for anything above 0.7200 level for
target around 0.7100 level.

Recommended Trade:

Entry 1: Sell NZDUSD @ 0.7200
Entry 2: Sell NZDUSD @ 0.7310
Stop: 0.7350
Profit 1: 0.7100
Profit 2: 0.7000

EURUSD (1.4716)

EURUSD has broken below an important level at 1.4800 and currently it
is heading 1.4500 and then to 1.4320 level.
Currently traders will look to sell around 1.4750 level for initial
targets around 1.4600 level

Recommended Trade:

Entry 1: Sell EURUSD @ 1.4750
Entry 2: Sell EURUSD @ 1.4810
Stop: 1.4870
Profit 1: 1.4690
Profit 2: 1.4600

EURUSD (1.4761)

EURUSD has broken below an important level at 1.4800 and currently it
is heading 1.4670 and then to 1.4600 level.
Currently traders will look to sell around 1.4700 level for a nice
intra-day target.

Recommended Trade:

Entry 1: Sell EURUSD @ 1.4800
Entry 2: Sell EURUSD @ 1.4925
Stop: 1.4975
Profit 1: 1.4700
Profit 2: 1.4600

USDCHF (1.0185)

USDCHF broke above 1.0200 level on Friday. The move was caused due to
heavy profit taking by the traders closing their weekly trades.

The trend remains downwards and selling for anything above 1.0200
level will be a good opportunity for initial target around 1.0130
level.

Recommended Trade:

Entry 1: Sell USDCHF @ 1.0210
Entry 2: Sell USDCHF @ 1.0275
Stop: 1.0305
Profit 1: 1.0130
Profit 2: 1.0000

EURUSD (1.4708)

EURUSD seems to have completed its due retracement and will look to
resume its upward trend.
Traders will look to buy EURUSD around 1.4690 level and in case it
takes a further dip, buying again at 1.4640 to average out both seems
a good option.

Recommended Trade:

Entry 1: Buy EURUSD @ 1.4690
Entry 2: Buy EURUSD @ 1.4640
Stop: 1.4600
Profit 1: 1.4760
Profit 2: 1.4830

EURUSD (1.4712)

EURUSD seems to be settling into a nice upward trend and current
target seems around 1.4830 level. Traders will look to buy EURUSD on
dip below 1.4700 level.

Recommended Trade:

Entry 1: Buy EURUSD @ 1.4665
Entry 2: Buy EURUSD @ 1.4575
Stop: 1.4525
Profit 1: 1.4765
Profit 2: 1.4830

EURUSD (1.4570)

EURUSD is moving in a nice downward trend and it seems that it has
touched its target around 1.4550 level. EURUSD will try to break below
1.4500 level but a few rebounds are expected as 1.4500 seems a good
support at the moment. Traders might look for small Intra-day trades.

Recommended Trade:

Entry 1: Sell EURUSD @ 1.4615
Entry 2: Sell EURUSD @ 1.4685
Stop: 1.4735
Profit 1: 1.4550
Profit 2: 1.4500

EURUSD (1.4658)

EURUSD has broken into a downward trend and is currently looking to
target 1.4500 level, therefore we might see mostly traders selling
EURUSD on rise to 1.4700 level for a nice trade.

Recommended Trade:

Entry: Sell EURUSD @ 1.4710
Stop: 1.4750
Profit 1: 1.4610
Profit 2: 1.4520

GBPUSD(1.6268)

GBPUSD has taken a good dip and is expected to sume the momentum after
taking some retrace towards 1.6300 level. If the retracement is
extended, then we will be able to see it rising towards 1.6410 level.
On the lower side aders initially will be looking below 1.6200 level.

Recommended Trade Levels

Trade 1: Sell GBPUSD @ 1.6300
Trade 2: Sell GBPUSD @ 1.6410
Stop: 1.6460
Profit Target 1: 1.6180
Profit Target 2: 1.6110

EURUSD(1.4666)

EURUSD is moving nicely in upward trend and took a very nice
retracement. It seems to continue its upward trend and we might see it
taking out 1.4700 level soon. Currently trades will look to buy EURUSD
around 1.4630 level. RSI is at 71 and seems to have more than enough
space for EURUSD to move above 1.4700 level.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.4630
Trade 2: Buy EURUSD @ 1.4550
Stop: 1.4500
Profit Target 1: 1.4700
Profit Target 1: 1.4750

EURUSD(1.4585)

EURUSD is moving nicely in upward trend and we might see EURUSD taking
a bit of correction and then again resuming its upward move towards
1.4700 level. Currently trades will look to buy EURUSD around 1.4530
level. RSI is at 67 and seems to have more than enough space for
EURUSD to move towards 1.4700 level.

Recommended Trade Levels

Trade: Buy EURUSD @ 1.4530
Stop: 1.4460
Profit Target: 1.4700

USDJPY(92.27)

USDJPY has resumed its downward move again after taking retracement.
USDJPY is giving intra-day traders some good trading opportunities.
Currently traders will be looking to sell USDJPY around 92.70 level for
targets around 92.00 level.

Recommended Trade Levels

Trade: Sell USDJPY @ 92.70
Stop: 93.15
Profit Target: 92.00

GBPUSD (1.6330)

GBPUSD is shaping up for a move towards 1.6200 level. Traders will
look to sell GBPUSD around 1.6375 level and if GBPUSD extend its move
above 1.6500 level, second entry to average out both position should
be the strategy. RSI is at 46 in daily charts and thus seems to play
no role in GBPUSD movement at the moment.

Recommended Trade Levels

Trade 1: Sell GBPUSD @ 1.6375
Trade 2: Sell GBPUSD @ 1.6515
Stop: 1.6575
Profit Target 1: 1.6175
Profit Target 2: 1.6050

USDJPY (93.56)

USDJPY is moving in a very nice downward trend. It currently seems that
USDCAD will keep its downward momentum and traders will look to sell it
around 93.90 level. Initial target will be around 93.20 level, which
traders might extend to 92.80 level.

Recommended Trade Levels

Trade: Sell USDJPY @ 93.90
Stop: 94.30
Profit Target 1: 93.20
Profit Target 2: 92.

USDCHF (1.0588)

USDCHF is moving in a very nice downward trend. It currently seems
that USDCAD will keep its downward momentum and long term traders will
look to sell it on rise to 1.0670 level. Initial target will be around
1.0550 level, which traders might extend to 1.0500 level. In case
USDCHF rise above 1.0750 level, the trade can be averaged out.

Recommended Trade Levels

Trade 1: Sell USDCHF @ 1.0670
Trade 2: Sell USDCHF @ 1.0770
Stop: 1.0820
Profit Target 1: 1.0550
Profit Target 2: 1.0500

USDCAD (1.0817)

USDCAD is moving in a very nice downward trend. It currently seems
that USDCAD will keep its downward momentum and long term traders will
look to sell it on rise to 1.0900 level. Initial target will be around
1.0750 level, which traders might extend to 1.0675 level.

Recommended Trade Levels

Trade 1: Sell USDCAD @ 1.0900
Stop: 1.0975
Profit Target 1: 1.0750
Profit Target 2: 1.0675

USDJPY (94.14)

USDJPY is moving in a nice gradual downward trend and is currently
heading towards 93.00 level. Traders with short trading range seems to
have lots of trading opportunities at the moment. Currently selling
USDJPY around 94.35 seems a nice trade.

Recommended Trade Levels

Trade 1: Sell USDJPY @ 94.35
Trade 2: Sell USDJPY @ 95.30
Stop: 96.00
Profit Target 1: 93.80
Profit Target 2: 93.00

AUDUSD (0.8220)

AUDUSD is moving nicely in a downward trend and is looking to target
0.8100 level. Currently traders will like to sell AUDUSD on rise to
0.8270 level which could also be averaged out if it further rise to
0.8310 level. The target can be seen below 0.8150 level.

Recommended Trade Levels

Trade 1: Sell AUDUSD @ 0.8270
Trade 2: Sell AUDUSD @ 0.8310
Stop: 0.8350
Profit Target 1: 0.8140
Profit Target 2: 0.8100

EURUSD (1.4025)

EURUSD seemed to have completed its retracement and is looking to get back
into its upward trend. Traders will look to buy EURUSD just below 1.4000
level and long term traders will like to take it into next week and we
might see a good sharp move ealier next week.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3980
Trade 2: Buy EURUSD @ 1.3880
Stop: 1.3800
Profit Target 1: 1.4100
Profit Target 2: 1.4200

NZDUSD (0.6283)

NZDUSD seems to settle into a nice downward move and currently is looking
to break below 0.6200 level and might even stretch the move towards 0.6100
level. Therefore mainly traders will look to sell NZDUSD for nice
retracement levels.

Recommended Trade Levels

Trade 1: Sell NZDUSD @ 0.6350
Trade 2: Sell NZDUSD @ 0.6450
Stop: 0.6490
Profit Target 1: 0.6250
Profit Target 2: 0.6160

EURUSD (1.4083)

EURUSD seems currently trapped between 1.4100 and 1.3900 levels. It seems
that EURUSD might take a dip towards 1.4000 level and intra-day traders
will target that level for a decent trade.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.4015
Trade 2: Buy EURUSD @ 1.3920
Stop: 1.3870
Profit Target 1: 1.4115
Profit Target 2: 1.4200

EURUSD (1.3992)

EURUSD seems currently trapped between 1.4100 and 1.3900 levels. Sooner or
later it seems to break above 1.4100 level, therefore traders will look to
buy EURUSD around 1.3900 level for a nice intra-day trade.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3910
Trade 2: Buy EURUSD @ 1.3825
Stop: 1.3780
Profit Target 1: 1.4010
Profit Target 2: 1.4100

NZDUSD (0.6438)

NZDUSD is steadily moving in an upward trend and it seems to stay that way during this week as well. Currently traders might wait to let NZDUSD some retrace and then buy it initially around 0.6365 level and if retracement is extended, the positions can be averaged by a second entry around 0.6245 level. The initial target will be above 0.6450 level.

Recommended Trade Levels

Trade 1: Buy NZDUSD @ 0.6365
Trade 2: Buy NZDUSD @ 0.6245
Stop: 0.6200
Profit Target 1: 0.6465
Profit Target 2: 0.6565

USDJPY (98.41)

USDJPY is gradually moving towards 99.00 level. Currently traders with
small stop and small profit target will have lots of opportunities.
Currently a good trade can be seen around 97.70 level.

Recommended Trade Levels

Trade 1: Buy USDJPY @ 97.70
Stop: 97.30
Profit Target 1: 98.50
Profit Target 2: 98.85

EURUSD (1.3988)

EURUSD took a nice retracement dip and resumed it upward trend as expected
in weekly analysis. Now EURUSD seems all set to target 1.4250 level at the
moment but traders will be hoping to get EURUSD around 1.3930 level to buy
it for targets above 1.41oo level.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3930
Trade 2: Buy EURUSD @ 1.3800
Stop: 1.3750
Profit Target 1: 1.4130
Profit Target 2: 1.4230

USDJPY (98.84)

USDJPY is moving towards it target at 98.80 and break of that important
level will set up scenario for target at 101.30 level. Currently traders
will look to buy USDJPY around 98.25 level and if required, it can be
averaged out around 97.60 level.

Recommended Trade Levels

Trade 1: Buy USDJPY @ 98.25
Trade 2: Buy USDJPY @ 97.60
Stop: 97.10
Profit Target 1: 99.25
Profit Target 2: 99.75

USDJPY (96.81)

USDJPY is moving towards it target at 97.60 and break of that important
level will set up scenario for target at 100.00 level. Currently traders
will look to buy USDJPY around 96.10 level for a nice intra-day trade.

Recommended Trade Levels

Trade: Buy USDJPY @ 96.10
Stop: 95.75
Profit Target: 96.75

USDCHF (1.0673)

USDCHF is moving in a nice downward trend and USDCHF seems to gather
momentum during this week. Currently traders will look to sell USDCHF
around 1.0800 level for initial target at 1.0650 which can be further
extended to 1.0550 level.

Recommended Trade Levels

Trade 1: Sell USDCHF @ 1.0800
Trade 2: Sell USDCHF @ 1.0925
Stop: 1.0975
Profit Target 1: 1.0650
Profit Target 2: 1.0550

USDJPY (96.90)

USDJPY is looking to target 97.50 level at the moment and traders will be
currently looking to buy USDJPY around 96.50 level. RSI is just above 52
and will support break-out in both direction.

Recommended Trade Levels

Trade 1: Buy USDJPY @ 96.40
Trade 2: Buy USDJPY @ 95.45
Stop: 95.00
Profit Target 1: 97.50
Profit Target 2: 98.40

EURUSD (1.3996)

EURUSD is around an important level (1.4000). So far EURUSD has not been
able to break that level and thus we should expect it to take a dip below
1.3900 level. If the dip extends further below 1.3800 level, more
averaging opportunities will arise around 1.3750 level.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3880
Trade 2: Buy EURUSD @ 1.3760
Stop: 1.3700
Profit Target 1: 1.4030
Profit Target 2: 1.4130

EURUSD (1.3769)

EURUSD took a good rise above 1.3800 level and its next target is now at
1.4000 level. But before doing so, we might see a dip by EURUSD and mostly
traders will look to buy on those dips to 1.3600 level.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3600
Trade 2: Buy EURUSD @ 1.3500
Stop: 1.3450
Profit Target 1: 1.3800
Profit Target 2: 1.3900

EURUSD (1.3653)

EURUSD is looking to target 1.3700 level at the moment and then it might
take a little dip towards 1.3550 level. Traders will look to buy EURUSD on
dips for initial move towards 1.3700 level, break of which might extend
EURUSD as high as 1.4000 level in coming few days.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3565
Trade 2: Buy EURUSD @ 1.3465
Stop: 1.3400
Profit Target 1: 1.3700
Profit Target 2: 1.3765

EURUSD
(1.3495)

EURUSD is looking to extend its retracement towards 1.3350 level and from
there it willl look to break above 1.3600 level

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3340
Trade 2: Buy EURUSD @ 1.3240
Stop: 1.3180
Profit Target 1: 1.3480
Profit Target 2: 1.3600

USDJPY (95.49)

USDJPY took a good dip during this week and for the time being, it will be
looking to take reasonable retracement. Traders will look to sell USDJPY
around 96.25 and if the retracement is extended above 97.00 level, then
another sell around 97.30 is possible to average out both trades.

Recommended Trade Levels

Trade 1: Sell USDJPY @ 96.25
Trade 2: Sell USDJPY @ 97.30
Stop: 98.40
Profit Target 1: 95.25
Profit Target 2: 94.25

GBPUSD (1.5267)

GBPUSD is moving in a nice upward trend and completing nice retracement
each day and providing good intra-day trades. Currently a good buying
opportunity is seen around 1.5150 level for target above 1.5300 level.

Recommended Trade Levels

Trade: Buy GBPUSD @ 1.5150
Stop: 1.5050
Profit Target 1: 1.5250
Profit Target 2: 1.5350

EURUSD (1.3632)

EURUSD has broken into a nice upward trend and is looking to break 1.3750
level during this week but before doing so we might see retracement
towards 1.3500 level and that will be the level traders will be looking to
buy EURUSD.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3500
Trade 2: Buy EURUSD @ 1.3360
Stop: 1.3300
Profit Target 1: 1.3700
Profit Target 2: 1.3750

GBPUSD (1.5010)

GBPUSD was moving in a nice upward trend and currently it is taking some retrace and this retrace might extend below 1.4850 level. From there it is expected to resume ita upward trend and make a move towards 1.5200 level.

Recommended Trade Levels

Trade 1: Buy GBPUSD @ 1.4980
Trade 2: Buy GBPUSD @ 1.4820
Stop: 1.4770
Profit Target 1: 1.5040
Profit Target 2: 1.5140

USDCHF (1.1363)

USDCHF is moving nicely in a smooth downward trend and we might see USDCHF
gathering a bit more momentum during this week. Currently a good selling
level around 1.1390 can be seen and in case USDCHF breaks above 1.1450
level, another sell at 1.1480 is suggested to average out both positions.
Initial target is seen at 1.1290 level

Recommended Trade Levels

Trade 1: Sell USDCHF @ 1.1390
Trade 2: Sell USDCHF @ 1.1480
Stop: 1.1570
Profit Target 1: 1.1290
Profit Target 2: 1.1235

USDJPY (98.60)

It seems that USDJPY has touched its target at 99.00 level and we might
see a dip by USDJPY towards 97.50 level and then a rise from that level
again. Traders will look to buy USDJPY around 97.50 level and a very good
support is present at 97.60 level. If USDJPY manages to break 99.00 level,
then we might see USDJPY touching 99.70

Recommended Trade Levels

Trade: Buy USDJPY @ 97.60
Stop: 97.10
Profit Target 1: 98.30
Profit Target 2: 98.80

GBPUSD (1.4766)

GBPUSD is looking to target 1.4850 at the moment and traders will look to
buy GBPUSD on dips preferrably for anything below 1.4650 level. Initial
profit target will be at 1.4750 which can be extended later. If GBPUSD
breaks below 1.4600 level then traders might reverse position for 1.4450
level.

Recommended Trade Levels

Trade: Buy GBPUSD @ 1.4650
Stop: 1.4600
Profit Target 1: 1.4750
Profit Target 2: 1.4850

USDJPY (97.11)

USDJPY is moving in a nice downward trend and looking to gradually take a
dip below 96.00 level. Currently selling around 98.50 seems a good trade
opportunity. Initial profit target will be somewhere below 97.00 level
which can be extended below 96.00 level.

Recommended Trade Levels

Trade 1: Sell USDJPY @ 98.50
Trade 2: Sell USDJPY @ 99.75
Stop: 100.10
Profit Target 1: 97.00
Profit Target 2: 95.50

USDJPY (98.70)

USDJPY is moving in a nice downward trend and looking to gradually take a dip below 97.00 level. Currently selling around 98.80 seems a good trade for initial target at 97.50 which can be further extended to 96.80 level

Recommended Trade Levels

Trade: Sell USDJPY @ 98.80
Stop: 99.30
Profit Target 1: 97.50
Profit Target 2: 96.80

NZDUSD (0.5656)

NZDUSD is moving in a nice downward trend and looking to continue below 0.5600 level. Currently selling for anything above 0.5700 seems a good opportunity.

Recommended Trade Levels

Trade 1: Sell NZDUSD @ 0.5720
Trade 2: Sell NZDUSD @ 0.5795
Stop: 0.5855
Profit Target 1: 0.5620
Profit Target 2: 0.5560

USDCHF (1.1465)

USDCHF is moving in a nice upward trend and gave some very good trades this week for traders aimming at intra-day targets. Currently a good buying level can be seen around 1.1415 for target above 1.1500 level. We might see USDCHF taking a dip from 1.1550 level and close this week around 1.1500 level.

Recommended Trade Levels

Trade 1: Buy USDCHF @ 1.1415
Trade 2: Buy USDCHF @ 1.1315
Stop: 1.1265
Profit Target 1: 1.1515
Profit Target 2: 1.1550

EURUSD (1.3175)

EURUSD is currently looking to target 1.3000 at the moment but before doing so, we might see EURUSD rising to 1.3275 level and traders will look to sell EURUSD around that level for initial target at 1.3160 level

Recommended Trade Levels

Trade 1: Sell EURUSD @ 1.3275
Trade 2: Sell EURUSD @ 1.3410
Stop: 1.3450
Profit Target 1: 1.3160
Profit Target 2: 1.3075

USDJPY (99.71)

USDJPY is looking to target 99.00 level a the moment and mostly traders will look to sell it just above 100.50 level for a nice intra-day trade. RSI is at 57 and don't seemed to play much part in USDJPY movement at the moment.

Recommended Trade Levels

Trade: Sell USDJPY @ 100.65
Stop: 101.00
Profit Target 1: 99.65
Profit Target 2: 99.00

USDCAD (1.2388)

USDCAD is looking to target 1.2200 level and mostly traders will look to sell it just above 1.2400 level for a nice intra-day trade. RSI is at 45 and don't seemed to play much part in USDCAD movement at the moment. Break of 1.2200 level will setup 1.2000 as next target but 1.2200 is a strong level and we might see a rise from that level.

Recommended Trade Levels

Trade: Sell USDCAD @ 1.2420
Stop: 1.2470
Profit Target 1: 1.2330
Profit Target 2: 1.2260

USDJPY (100.26)

USDJPY is looking to target 100.50 level and we might see it taking a dip below 100 level. Currently traders will look to buy USDJPY around 99.80 level for initial target around 101.00 level.

Recommended Trade Levels

Trade 1: Buy USDJPY @ 99.80
Trade 2: Buy USDJPY @ 98.50
Stop: 97.50
Profit Target 1: 101.00
Profit Target 2: 101.50

USDJPY (99.50)

USDJPY is looking to break above 100.00 level and we might see it extending towards 101 level very soon. Currently traders will look to buy USDJPY around 99.00 level for initial target around 100.00 level. RSI is at 60 in daily chart and thus seemed to have more than enough space to allow USDJPY to break above 100.00 level.

Recommended Trade Levels

Trade 1: Buy USDJPY @ 99.00
Trade 2: Buy USDJPY @ 98.50
Stop: 98.00
Profit Target 1: 100.00
Profit Target 2: 100.50

GBPUSD (1.4417)

GBPUSD seems to be completing its retracement and getting ready to take a dip towards 1.4200 level. It seems that the retracement will be completed around 1.4475 level and traders will look to sell GBPUSD around that level for initial target around 1.4275 level which can be further extended to 1.4175 level.

Recommended Trade Levels

Trade 1: Sell GBPUSD @ 1.4475
Trade 2: Sell GBPUSD @ 1.4575
Stop: 1.4625
Profit Target 1: 1.4275
Profit Target 2: 1.4175

GBPUSD (1.4250)

GBPUSD is currently looking to target 1.4200 level and break of that will set 1.3800 as next target which can be further extended. Traders will look to sell GBPUSD around 1.4290 level and if GBPUSD move above 1.4400 level, another good sell can be seen around 1.4450 for initial targets around 1.4150 level.

Recommended Trade Levels

Trade 1: Sell GBPUSD @ 1.4290
Trade 2: Sell GBPUSD @ 1.4450
Stop: 1.4500
Profit Target 1: 1.4150
Profit Target 2: 1.4030

EURUSD (1.3582)

EURUSD seems to set itself up for a nice move below 1.3400 level and traders will look to sell it for anything above 1.3600 level. Even the long term traders will look to sell EURUSD and once it break below 1.3400 level, we will see them aimming for a quick move towards 1.4050 level.

Recommended Trade Levels

Trade 1: Sell EURUSD @ 1.3620
Trade 2: Sell EURUSD @ 1.3730
Stop: 1.3900
Profit Target 1: 1.3420
Profit Target 2: 1.3080

GBPUSD (1.4555)

GBPUSD took good rise towards 1.4700 level and traders will now look to buy GBPUSD on dips for retracements. The first entry level can be seen around 1.4480 and if GBPUSD takes more dip, then it can be further averaged out by buying again around 1.4350 level. It seems that GBPUSD is looking to touch 1.4650 level

Recommended Trade Levels

Trade 1: Buy GBPUSD @ 1.4480
Trade 2: Buy GBPUSD @ 1.4350
Profit Target 1: 1.4600
Profit Target 2: 1.4700

GBPUSD (1.4499)

GBPUSD took good rise towards 1.4600 level and traders will now look to buy GBPUSD on dips for retracements. The first entry level can be seen around 1.4360 and if GBPUSD takes more dip, then it can be further averaged out by buying again around 1.4130 level. It seems that GBPUSD is looking to touch 1.4650 level

Recommended Trade Levels

Trade 1: Buy GBPUSD @ 1.4360
Trade 2: Buy GBPUSD @ 1.4130
Profit Target 1: 1.4560
Profit Target 2: 1.4660

GBPUSD (1.4297)

GBPUSD took good rise above 1.4300 level and traders will now look to buy GBPUSD on dips for retracements. The first entry level can be seen around 1.4230 and if GBPUSD takes more dip, then it can be further averaged out by buying again around 1.4040

Recommended Trade Levels

Trade 1: Buy GBPUSD @ 1.4230
Trade 2: Buy GBPUSD @ 1.4040
Profit Target 1: 1.4375
Profit Target 2: 1.4450

EURUSD (1.2929)

EURUSD is looking to target 1.3050 at the moment and traders will look to
buy EURUSD on dips below 1.2900 level. Initial target seems around 1.3000
level and from there we might see long term traders looking to sell
EURUSD.

Recommended Trade Levels

Trade: Buy EURUSD @ 1.2865
Profit Target 1: 1.2995
Profit Target 2: 1.3040

EURUSD (1.2929)

EURUSD is looking to target 1.3050 at the moment and traders will look to buy EURUSD on dips below 1.2900 level. Initial target seems around 1.3000 level and from there we might see long term traders looking to sell EURUSD.

Recommended Trade Levels

Trade: Buy EURUSD @ 1.2865
Profit Target 1: 1.2995
Profit Target 2: 1.3040

EURUSD (1.2544)

EURUSD is moving nicely in its downward trend and seems to continue in next week as well. But before that an upward retracement is expected and agressive traders will look to buy EURUSD around 1.2500 level to capture that move. Other traders might just sit back and wait it to complete its retracement.

Recommended Trade Levels

Trade: Buy EURUSD @ 1.2510
Stop: 1.2460
Profit Target 1: 1.2610
Profit Target 2: 1.2720

USDJPY (99.31)

USDJPY is looking to target 100 level at the moment and its upward trend seems to stay for another day or so. Currently traders wikl look to buy USDJPY around 98.50 for a nice move towards 100 level. More conservative traders might target entry around 98.00 level

Recommended Trade Levels

Trade 1: Buy USDJPY @ 98.50
Trade 2: Buy USDJPY @ 98.00
Stop: 97.50
Profit Target 1: 99.50
Profit Target 2: 100.00

USDCHF (1.1699)

USDCHF seems to be gradually moving towards 1.1850 level but at the same time it is providing good entries for traders looking to target intra-day trades. Currently a good buy can be seen around 1.1640 level for another intra-day trade.

Recommended Trade Levels

Trade: Buy USDCHF @ 1.1640
Stop: 1.1595
Profit Target 1: 1.1740
Profit Target 2: 1.1850

GBPUSD (1.4200)

All major currencies are not clearly breaking into any direction at the moment. Therefore only trades with small targets are seen.
GBPUSD took a dip below 1.4200 level and we might see it taking out 1.4100 level but before that it might take some retracement towards 1.4400 level and selling around that level seems a good trade. If GBPUSD manages to break 1.4100 level, then we should expect sharp selling from GBPUSD.

Recommended Trade Levels

Trade: Sell GBPUSD @ 1.4390
Stop: 1.4440
Profit Target 1: 1.4290
Profit Target 2: 1.4190

GBPUSD (1.4569)

GBPUSD seems to stay between 1.4400 and 1.4600 level and traders will look to focus around those levels. A good buying level can be seen around 1.4370 level foe a nice move above 1.4550 level. The trade can be averaged out if GBPUSD takes a dip towards 1.4250 level.


Recommended Trade Levels

Trade 1: Buy GBPUSD @ 1.4370
Trade 2: Buy GBPUSD @ 1.4250
Stop: 1.4200
Profit Target 1: 1.4550
Profit Target 2: 1.4650

GBPUSD (1.4215)

GBPUSD is looking to target 1.4050 level. Currently traders will look to sell GBPUSD around 1.4270 for initial target around 1.4125 level.


Recommended Trade Levels

Trade: Sell GBPUSD @ 1.4270
Stop: 1.4320
Profit Target 1: 1.4125
Profit Target 2: 1.4050

USDJPY (91.85)

USDJPY
(91.85)

USDJPY seems to have settled in a nice upward trend and therefore traders will be focused on buying USDJPY during this week. Currently buying around 91.00 seems a good entry for USDJPY for target around 92.25


Recommended Trade Levels

Trade: Buy USDJPY @ 90.95
Stop: 90.45
Profit Target: 92.25

EURUSD (1.2896)

EURUSD seemed to be getting into a sideways trend for next couple of days and this will provide traders with opportunity to trade for short profits. Currently a buying opportunity can be seen around 1.2855 level for a decent intra-day trade.


Recommended Trade Levels

Trade: Buy EURUSD @ 1.2855
Stop: 1.2800
Profit Target 1: 1.2945
Profit Target 2: 1.3000

GBPUSD (1.4890)

GBPUSD is looking to target 1.5000 level at the moment and traders will look to buy GBPUSD on dip around 1.4800 level. If the dip is extended towards 1.4650, averaging the first position will be a good option around 1.4650 level.


Recommended Trade Levels

Trade 1: Buy GBPUSD @ 1.4805
Trade 2: Buy GBPUSD @ 1.4650
Stop: 1.4550
Profit Target 1: 1.4900
Profit Target 2: 1.5000

USDCHDF (1.1610)

USDCHF is moving nicely in its upward trend and and it seems that it will complete its correction around 1.1560 level and that level also seems a good entry point. Initial target seemed around 1.1710 level.


Recommended Trade Levels

Trade: Buy USDCHF @ 1.1560
Stop: 1.1500
Profit Target 1: 1.1710
Profit Target 2: 1.1750

GBPUSD (1.4643)

GBPUSD is keeping its upward momentum going and it seems that it is looking for another move above 1.4700 level. Traders will look to buy GBPUSD around 1.4485 level for target above 1.4700 level.


Recommended Trade Levels

Trade 1: Buy GBPUSD @ 1.4485
Trade 2: Buy GBPUSD @ 1.4385
Stop: 1.4300
Profit Target 1: 1.4640
Profit Target 2: 1.4720

GBPUSD (1.4458)

GBPUSD is keeping its upward momentum going and it seems that it is looking for 1.4700 level. Some traders might look to buy it on dips and currently such buying opportunity looks around 1.4350 level.

If GBPUSD takes a dip below 1.4300, then market will become a bit tricky and most traders would like to hold back till the trend is settled to one side.
Recommended Trade Levels

Trade: Buy GBPUSD @ 1.4350
Stop: 1.4300
Profit Target 1: 1.4550
Profit Target 2: 1.4650

USDJPY (89.48)

USDJPY seems to target 88.50 next and traders will look to sell USDJPY around 89.85 level. RSI is at 44 in daily charts and don't seems to play much part in USDJPY movement at the moment. Traders looking to target larger profit will look to target 87.50 level.


Recommended Trade Levels

Trade: Sell USDJPY @ 89.85
Stop: 90.35
Profit Target 1: 88.85
Profit Target 2: 87.85

GBPUSD (1.4538)

GBPUSD seems to be heading towards 1.4600 level and we might see GBPUSD taking dip from there. Selling GBPUSD around 1.4635 seems a good opportunity. In case GBPUSD takes an extended move above 1.4750 level, the trade can be averaged out by selling another GBPUSD around 1.4750 level


Recommended Trade Levels

Trade 1: Sell GBPUSD @ 1.4635
Trade 2: Sell GBPUSD @ 1.4750
Stop: 1.4850
Profit Target 1: 1.4480
Profit Target 2: 1.4350

EURUSD (1.2957)

EURUSD seemed to have completed its correction and has nicely settled back into its downward trend. Primarily it is looking to target 1.2800 level and after break of which EURUSD will look to touch 1.2600 level. Traders will look to sell EURUSD around 1.3065 level.


Recommended Trade Levels

Trade: Sell EURUSD @ 1.3065
Stop: 1.3115
Profit Target 1: 1.2865
Profit Target 2: 1.2765

USDCAD (1.2270)

USDCAD is looking to target 1.2100 level at the moment and traders will look to sell USDCAD on rise above 1.2300 level. Break of 1.2100 level will take USDCAD towards 1.1900 level.


Recommended Trade Levels

Trade 1: Sell USDCAD @ 1.2330
Trade 2: Sell USDCAD @ 1.2430
Stop: 1.2500
Profit Target 1: 1.2150
Profit Target 2: 1.2000

EURUSD (1.2985)

EURUSD is looking to set itself up for another move towards 1.2700 level but we might see EURUSD tak9ng some retrace and rising above 1.3000 level before that. Look to sell EURUSD on rising to 1.3065 level for initial target at 1.2900 level.


Recommended Trade Levels

Trade: Sell EURUSD @ 1.3065
Stop: 1.3115
Profit Target 1: 1.2900
Profit Target 2: 1.2765

USDJPY (88.82)

USDJPY is looking to set itself up for another move towards 87.00 level but we might see some retracement by USDJPY before that. Traders will look to sell USDJPY on rising to 89.80 level for initial target at 88.60 level.


Recommended Trade Levels

Trade: Sell USDJPY @ 89.80
Stop: 90.30
Profit Target 1: 88.60
Profit Target 2: 87.50

EURUSD (1.2986)

EURUSD is looking to continue its momentum and break below 1.2800 level. Traders will look to sell EURUSD around 1.3060 level for initial target at 1.2860 level.


Recommended Trade Levels

Trade: Sell EURUSD @ 1.3060
Stop: 1.3110
Profit Target 1: 1.2860
Profit Target 2: 1.2760

GBPUSD (1.4745)

GBPUSD is looking to target 1.5000 level but there will be number of traders who might hold back and let GBPUSD get settled in its trend. Few traders might look to buy GBPUSD around 1.4660 level for initial target at 1.4820.


Recommended Trade Levels

Trade: Buy GBPUSD @ 1.4660
Stop: 1.4600
Profit Target 1: 1.4820
Profit Target 2: 1.4920

USDJPY (89.04)

USDJPY is moving nicely in its downward trend and seems to stay that way for for next couple of days.

Traders will look to sell USDJPY around 89.80 for initial target of 100 pips.


Recommended Trade Levels

Trade: Sell USDJPY @ 89.80
Stop: 90.30
Profit Target 1: 88.80
Profit Target 2: 88.35

EURUSD (1.3429)

EURUSD is gradually settling in its downward trend and is looking to tatget 1.3150 level. Currently a good sell is seen around 1.3625 level for target around 1.3425 level which could then be extended to 1.3225.




Recommended Trade Levels

Trade: Sell EURUSD @ 1.3625
Stop: 1.3675
Profit Target 1: 1.3425
Profit Target 2: 1.3225

EURUSD (1.3725)

EURUSD is gradually moving in its upward trend and is giving intra-day traders some good trades with short range profit targets. Currently a good buy is seen around 1.3625 level for target around 1.3825 level. Larger profit target might not come into play during this trade as we might see EURUSDstaying below 1.3900 level.




Recommended Trade Levels

Trade: Buy EURUSD @ 1.3625
Stop: 1.3575
Profit Target 1: 1.3725
Profit Target 2: 1.3825

GBPUSD (1.4930)

GBPUSD has broken an important level at 1.4850 and now it seems that GBPUSD is looking to target 1.5250 level. Currently a good trade is seen arround 1.4815 and buying GBPUSD around that level for initial target around 1.5110 level seems a good opportunity. The profits can be extended by targetting 1.5250 and protecting profits by using trailing stop.




Recommended Trade Levels

Trade: Buy EURUSD @ 1.4810
Stop: 1.4760
Profit Target 1: 1.5510
Profit Target 2: 1.5250

EURUSD (1.3634)

EURUSD seemed to have settled into its downward trend and is looking to break below 1.3600 level. Break of 1.3600 will take EURUSD towards 1.3100 level.

Traders will look to sell EURUSD around 1.3710 level for initial target at 1.3510 level which can be extended to 1.3350 level.

The position can be averaged out if EURUSD rise to 1.3830 level.


Recommended Trade Levels

Trade 1: Sell EURUSD @ 1.3710
Trade 2: Sell EURUSD @ 1.3830
Stop: 1.3870
Profit Target 1: 1.3510
Profit Target 2: 1.3350

GBPUSD (1.4500)

GBPUSD seemed to have resumed its downward trend and is looking to target 1.4400 region once again.

Traders will look to sell GBPUSD around 1.4655 level for initial target at 1.4455 level which can be extended to 1.4355 level.

The position can be averaged out if GBPUSD rise to 1.4765 level.


Recommended Trade Levels

Trade 1: Sell GBPUSD @ 1.4655
Trade 2: Sell GBPUSD @ 1.4765
Stop: 1.4810
Profit Target 1: 1.4455
Profit Target 2: 1.4355

NZDUSD (0.5836)

NZDUSD is being traded in short range at the moment and this is providing good opportunities for tarders with short profit targets.

Currently traders will look to buy NZDUSD around 0.5770 level for initial target at 0.5840 level which can be extended to 0.5870 level.




Recommended Trade Levels
Trade: Buy NZDUSD @ 0.5770
Stop: 0.5735
Profit Target 1: 0.5840
Profit Target 2: 0.5870