EURUSD (1.3988)

EURUSD took a nice retracement dip and resumed it upward trend as expected
in weekly analysis. Now EURUSD seems all set to target 1.4250 level at the
moment but traders will be hoping to get EURUSD around 1.3930 level to buy
it for targets above 1.41oo level.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3930
Trade 2: Buy EURUSD @ 1.3800
Stop: 1.3750
Profit Target 1: 1.4130
Profit Target 2: 1.4230

USDJPY (98.84)

USDJPY is moving towards it target at 98.80 and break of that important
level will set up scenario for target at 101.30 level. Currently traders
will look to buy USDJPY around 98.25 level and if required, it can be
averaged out around 97.60 level.

Recommended Trade Levels

Trade 1: Buy USDJPY @ 98.25
Trade 2: Buy USDJPY @ 97.60
Stop: 97.10
Profit Target 1: 99.25
Profit Target 2: 99.75

USDJPY (96.81)

USDJPY is moving towards it target at 97.60 and break of that important
level will set up scenario for target at 100.00 level. Currently traders
will look to buy USDJPY around 96.10 level for a nice intra-day trade.

Recommended Trade Levels

Trade: Buy USDJPY @ 96.10
Stop: 95.75
Profit Target: 96.75

USDCHF (1.0673)

USDCHF is moving in a nice downward trend and USDCHF seems to gather
momentum during this week. Currently traders will look to sell USDCHF
around 1.0800 level for initial target at 1.0650 which can be further
extended to 1.0550 level.

Recommended Trade Levels

Trade 1: Sell USDCHF @ 1.0800
Trade 2: Sell USDCHF @ 1.0925
Stop: 1.0975
Profit Target 1: 1.0650
Profit Target 2: 1.0550

USDJPY (96.90)

USDJPY is looking to target 97.50 level at the moment and traders will be
currently looking to buy USDJPY around 96.50 level. RSI is just above 52
and will support break-out in both direction.

Recommended Trade Levels

Trade 1: Buy USDJPY @ 96.40
Trade 2: Buy USDJPY @ 95.45
Stop: 95.00
Profit Target 1: 97.50
Profit Target 2: 98.40