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