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GBPUSD

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GBPUSD is getting towards 1.4920 level and currently a good buy can be seen just around the 1.4715 level. The short term trend might look to reverse into long term selling trend therefore we don’t suggest buy GBPUSD for any extended target above 1.4900 level.


Trade Levels:


Item: GBPUSD
B/S: Buy       
Open: 1.4715
Stop: 1.4660 
Profit: 1.4875



USDCHF

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USDCHF

seems to have taken retracement in long term trend the RSI is still on higher
side and thus we might see another dip by USDCHF during this week. Currently a
good resistance is seen around 1.1600 level and selling around that level with
small stop is suggested.

Trade Levels:

Item: USDCHF
B/S: Sell
Open 1: 1.1600
Open 2: 1.1650
Stop: 1.1700
Profit: 1.1450




GBPUSD gathering momentum

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GBPUSD is moving in a nice downward trend and seems to gathering momentum to take a dip below 1.5100 level today. Currently a good resistance can be seen round 1.5195 and it will be a good selling opportunity for targets around 1.5100 level. 

Trade Levels:

Item: GBPUSD
B/S: Sell
Open: 1.5195
Stop: 1.5250
Limit: 1.5095

USDJPY

USDJPY

USDJPY after being traded sideways range finally broke into an upward trend and it seems that it take the momentum into this week as well. Currently a good support can be seen just around 92.30 level and buying around that level for initial target at 93.20 seems a good option.

Trade Levels:

Item: USDJPY
B/S: BUY
Open 1: 92.30
Open 2: 91.75
Stop: 91.25
Profit: 93.20



AUDUSD

AUDUSD is gathering momentum for a rise towards 0.9100 level and currently traders will look to buy around 0.9032 level for initial target at 0.9090 level. Extended target can be set around 0.9130 level.


Trade Levels:


Item: AUDUSD
B/S: BUY
Open 1: 0.9032
Open 2: 0.8990
Stop: 0.8950
Profit: 0.9090