Trade Idea: EUR/USD – Buy at 1.2395

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Click Here To Read The Article "Trade Idea Update: EUR/USD – Buy at 1.3125"

Although euro has rebounded after intra-day retreat to 1.3183, above indicated minor resistance at 1.3240 is needed to signal upmove has resumed and bring further rise to 1.3275 (61.8% projection of 1.2151-1.3029 measuring from 1.2732), however, loss of near term upward momentum should prevent sharp move beyond 1.3355 (100% projection

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Click Here To Read The Article "Trade Idea: EUR/USD – Stand aside"

As the single currency has traded narrowly after yesterday’s fall to 1.3131, suggesting further consolidation would be seen and although recovery to the Kijun-Sen (now at 1.3182) cannot be ruled out, only break of the Ichimoku cloud top (now at 1.3214) would signal the correction from 1.3262 has ended, then

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Click Here To Read The Article "Trade Idea Update: USD/CHF – Stand aside"

Current sharp retreat suggests the rebound from 1.0348 has formed a top at 1.0555 and consolidation with mild downside bias is seen for weakness to 1.0434 (previous minor resistance), then to the Ichimoku cloud bottom (now at 1.0400), however, only break of support at 1.0381 would signal decline has resumed

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Click Here To Read The Article "Trade Idea: AUD/USD – Sell at 0.9220"

Although aussie has eased after rising to 0.9184 yesterday, as long as 0.9070 holds, upside bias remains for marginal gain to 0.9185/90 (100% projection of 0.8315 to 0.8871 measuring from 0.8633 and 1.618 times projection of 0.8908-0.9044 measuring from 0.8965), however, loss of upward momentum should limit upside to 0.9220/30 and reckon 0.9290/00 would hold, bring retreat later.

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Click Here To Read The Article "Trade Idea: EUR/JPY – Stand aside"

The single currency has remained confined within indicated range of 112.03 to 114.19 as suggested in our previous update and further consolidation should take place within this range would be seen but only break of said support at 112.03 would revive bearishness and signal top has been formed, bring weakness

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Click Here To Read The Article "Trade Idea Update: USD/JPY – Buy at 85.70"

Dollar’s near term sideways trading is expected to continue as focus is on other European currencies and although retreat to the Kijun-Sen (now at 85.92) and the Ichimoku cloud bottom (now at 85.77) cannot be ruled out, however, if our view that a temporary low has been formed at 85.32

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Click Here To Read The Article "Trade Idea Update: EUR/USD – Stand aside"

Despite intra-day marginal fall to 1.3119 (yesterday’s low was 1.3131), as the single currency has staged a strong rebound from there, suggesting the correction from 1.3262 has possibly ended, however, break of indicated minor resistance at 1.3240/45 is needed to confirm and bring resumption of upmove to 1.3275 (61.8% projection

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Click Here To Read The Article "Trade Idea Update: GBP/USD – Stand aside"

Despite intra-day brief fall to 1.5820, as the British pound has rebounded from there in tandem with euro, suggesting an intra-day low has been formed and consolidation with upside bias is seen for gain to the Ichimoku cloud top (now at 1.5929), however, break of resistance at 1.5968 is needed

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Click Here To Read The Article "Trade Idea Update: USD/JPY – Buy at 85.70"

The greenback has remained sidelined in line with our expectation and further consolidation would take place, although test of the Kijun-Sen (now at 85.92) is likely, the Ichimoku cloud bottom (now at 85.57) should contain downside and bring another leg of corrective upmove later.

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Click Here To Read The Article "Trade Idea Update: EUR/USD – Stand aside"

Although intra-day strong rebound from 1.3119 to 1.3223 suggests the correction from 1.3262 has possibly ended there and consolidation with mild upside bias is seen, break of indicated minor resistance at 1.3240/45 is needed to confirm and bring resumption of upmove to 1.3275 (61.8% projection of 1.2151-1.3029 measuring from 1.2732)

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Click Here To Read The Article "Trade Idea Update: GBP/USD – Buy at 1.5855"

Cable’s intra-day rebound from 1.5820 suggests the correction from 1.5968 has ended there and consolidation with upside bias is seen, however, break of said resistance at 1.5968 is needed to confirm upmove has resumed and extend gain to psychological resistance at 1.6000, possibly towards 1.6050.

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Click Here To Read The Article "Trade Idea Update: USD/CHF – Stand aside"

Despite yesterday’s rise to 1.0555, the subsequent stronger-than-expected retreat from there suggests the rebound from 1.0348 has formed a top at 1.0555 and consolidation with mild downside bias is seen for weakness to the Ichimoku cloud bottom (now at 1.0401), however, only break of support at 1.0381 would signal decline

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Click Here To Read The Article "Trade Idea: EUR/GBP – Sell at 0.8385"

Although euro has recovered after trading above this week’s low at 0.8254 and consolidation would be seen, upside should be limited and renewed selling interest should emerge below last Friday’s high at 0.8397, bring another decline later.

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Click Here To Read The Article "Trade Idea Wrap-up: USD/JPY – Buy at 85.70"

Although dollar’s retreat from 86.46 has kept price under pressure and weakness towards the Ichimoku cloud bottom (now at 85.63) cannot be ruled out, if our view that a temporary low has been formed at 85.32 is correct, downside would be limited and as long as this level holds, prospect

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Click Here To Read The Article "Trade Idea Wrap-up: EUR/USD – Stand aside"

Despite intra-day strong rebound from 1.3119 to 1.3236, as the single currency has retreated after failing to break indicated minor resistance at 1.3240/45, suggesting further choppy trading would take place and another corrective fall to said support at 1.3119 cannot be ruled out, however, reckon 1.3088 (61.8% Fibonacci retracement of

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Click Here To Read The Article "Trade Idea: AUD/USD – Sell at 0.9250"

As the Australian dollar has maintained a firm undertone, suggesting recent rise from 0.8066 low is still in progress and gain to 0.9185/90 (100% projection of 0.8315 to 0.8871 measuring from 0.8633 and 1.618 times projection of 0.8908-0.9044 measuring from 0.8965) and then 0.9220 is likely, however, loss of near

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Click Here To Read The Article "Trade Idea: EUR/JPY – Stand aside"

Euro has continued to trade in narrow range as suggested in our previous update*and further consolidation within indicated range of 112.03 to 114.19 would be seen and only break of said support at 112.03 would revive our bearishness, signal top has been formed earlier at 114.74, bring weakness to 111.90

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Click Here To Read The Article "Trade Idea: EUR/GBP – Sell at 0.8385"

As the single currency has finally rebounded after holding above this week’s low at 0.8254, suggesting the fall from 0.8532 has possibly formed a temporary low there and recovery to 0.8390/95 (50% Fibonacci retracement of 0.8532 to 0.8254), however, renewed selling interest should emerge around 0.8425/30 (61.8% Fibonacci retracement) and bring another decline later.

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Click Here To Read The Article "Trade Idea: USD/CAD – Hold long entered at 1.0150"

As the greenback rebounded after falling to 1.0108 yesterday, retaining our near term bullish view for correction to 1.0271/75, above there would bring subsequent gain to 1.0300, however, reckon strong resistance at 1.0395/00 would cap upside and bring another decline later this month.