USDCHF (1.1363)

USDCHF is moving nicely in a smooth downward trend and we might see USDCHF
gathering a bit more momentum during this week. Currently a good selling
level around 1.1390 can be seen and in case USDCHF breaks above 1.1450
level, another sell at 1.1480 is suggested to average out both positions.
Initial target is seen at 1.1290 level

Recommended Trade Levels

Trade 1: Sell USDCHF @ 1.1390
Trade 2: Sell USDCHF @ 1.1480
Stop: 1.1570
Profit Target 1: 1.1290
Profit Target 2: 1.1235

USDJPY (98.60)

It seems that USDJPY has touched its target at 99.00 level and we might
see a dip by USDJPY towards 97.50 level and then a rise from that level
again. Traders will look to buy USDJPY around 97.50 level and a very good
support is present at 97.60 level. If USDJPY manages to break 99.00 level,
then we might see USDJPY touching 99.70

Recommended Trade Levels

Trade: Buy USDJPY @ 97.60
Stop: 97.10
Profit Target 1: 98.30
Profit Target 2: 98.80

GBPUSD (1.4766)

GBPUSD is looking to target 1.4850 at the moment and traders will look to
buy GBPUSD on dips preferrably for anything below 1.4650 level. Initial
profit target will be at 1.4750 which can be extended later. If GBPUSD
breaks below 1.4600 level then traders might reverse position for 1.4450
level.

Recommended Trade Levels

Trade: Buy GBPUSD @ 1.4650
Stop: 1.4600
Profit Target 1: 1.4750
Profit Target 2: 1.4850

USDJPY (97.11)

USDJPY is moving in a nice downward trend and looking to gradually take a
dip below 96.00 level. Currently selling around 98.50 seems a good trade
opportunity. Initial profit target will be somewhere below 97.00 level
which can be extended below 96.00 level.

Recommended Trade Levels

Trade 1: Sell USDJPY @ 98.50
Trade 2: Sell USDJPY @ 99.75
Stop: 100.10
Profit Target 1: 97.00
Profit Target 2: 95.50

USDJPY (98.70)

USDJPY is moving in a nice downward trend and looking to gradually take a dip below 97.00 level. Currently selling around 98.80 seems a good trade for initial target at 97.50 which can be further extended to 96.80 level

Recommended Trade Levels

Trade: Sell USDJPY @ 98.80
Stop: 99.30
Profit Target 1: 97.50
Profit Target 2: 96.80