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