EURUSD (1.4708)

EURUSD seems to have completed its due retracement and will look to
resume its upward trend.
Traders will look to buy EURUSD around 1.4690 level and in case it
takes a further dip, buying again at 1.4640 to average out both seems
a good option.

Recommended Trade:

Entry 1: Buy EURUSD @ 1.4690
Entry 2: Buy EURUSD @ 1.4640
Stop: 1.4600
Profit 1: 1.4760
Profit 2: 1.4830

EURUSD (1.4712)

EURUSD seems to be settling into a nice upward trend and current
target seems around 1.4830 level. Traders will look to buy EURUSD on
dip below 1.4700 level.

Recommended Trade:

Entry 1: Buy EURUSD @ 1.4665
Entry 2: Buy EURUSD @ 1.4575
Stop: 1.4525
Profit 1: 1.4765
Profit 2: 1.4830

EURUSD (1.4570)

EURUSD is moving in a nice downward trend and it seems that it has
touched its target around 1.4550 level. EURUSD will try to break below
1.4500 level but a few rebounds are expected as 1.4500 seems a good
support at the moment. Traders might look for small Intra-day trades.

Recommended Trade:

Entry 1: Sell EURUSD @ 1.4615
Entry 2: Sell EURUSD @ 1.4685
Stop: 1.4735
Profit 1: 1.4550
Profit 2: 1.4500

EURUSD (1.4658)

EURUSD has broken into a downward trend and is currently looking to
target 1.4500 level, therefore we might see mostly traders selling
EURUSD on rise to 1.4700 level for a nice trade.

Recommended Trade:

Entry: Sell EURUSD @ 1.4710
Stop: 1.4750
Profit 1: 1.4610
Profit 2: 1.4520

GBPUSD(1.6268)

GBPUSD has taken a good dip and is expected to sume the momentum after
taking some retrace towards 1.6300 level. If the retracement is
extended, then we will be able to see it rising towards 1.6410 level.
On the lower side aders initially will be looking below 1.6200 level.

Recommended Trade Levels

Trade 1: Sell GBPUSD @ 1.6300
Trade 2: Sell GBPUSD @ 1.6410
Stop: 1.6460
Profit Target 1: 1.6180
Profit Target 2: 1.6110