EURUSD(1.4666)

EURUSD is moving nicely in upward trend and took a very nice
retracement. It seems to continue its upward trend and we might see it
taking out 1.4700 level soon. Currently trades will look to buy EURUSD
around 1.4630 level. RSI is at 71 and seems to have more than enough
space for EURUSD to move above 1.4700 level.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.4630
Trade 2: Buy EURUSD @ 1.4550
Stop: 1.4500
Profit Target 1: 1.4700
Profit Target 1: 1.4750

EURUSD(1.4585)

EURUSD is moving nicely in upward trend and we might see EURUSD taking
a bit of correction and then again resuming its upward move towards
1.4700 level. Currently trades will look to buy EURUSD around 1.4530
level. RSI is at 67 and seems to have more than enough space for
EURUSD to move towards 1.4700 level.

Recommended Trade Levels

Trade: Buy EURUSD @ 1.4530
Stop: 1.4460
Profit Target: 1.4700

USDJPY(92.27)

USDJPY has resumed its downward move again after taking retracement.
USDJPY is giving intra-day traders some good trading opportunities.
Currently traders will be looking to sell USDJPY around 92.70 level for
targets around 92.00 level.

Recommended Trade Levels

Trade: Sell USDJPY @ 92.70
Stop: 93.15
Profit Target: 92.00

GBPUSD (1.6330)

GBPUSD is shaping up for a move towards 1.6200 level. Traders will
look to sell GBPUSD around 1.6375 level and if GBPUSD extend its move
above 1.6500 level, second entry to average out both position should
be the strategy. RSI is at 46 in daily charts and thus seems to play
no role in GBPUSD movement at the moment.

Recommended Trade Levels

Trade 1: Sell GBPUSD @ 1.6375
Trade 2: Sell GBPUSD @ 1.6515
Stop: 1.6575
Profit Target 1: 1.6175
Profit Target 2: 1.6050

USDJPY (93.56)

USDJPY is moving in a very nice downward trend. It currently seems that
USDCAD will keep its downward momentum and traders will look to sell it
around 93.90 level. Initial target will be around 93.20 level, which
traders might extend to 92.80 level.

Recommended Trade Levels

Trade: Sell USDJPY @ 93.90
Stop: 94.30
Profit Target 1: 93.20
Profit Target 2: 92.