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