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