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