Trade Idea: USD/CHF - Sell At 1.0680 The greenback has fallen again after meeting renewed selling at 1.0685 yesterday, suggesting a retest of recent low at 1.0563 is under way, below would signal the decline from 1.1967 has resumed and extend towards 1.0500/10, however, oversold condition would prevent sharp move below there today and risk from there has increased for a rebound later. Full Report Here... Trade Idea: GBP/USD - Buy At 1.6395 Although cable retreated after yesterday's brief rise to 1.6611 and price dropped below the Kijun-Sen, reckon 1.6375 support would limit downside and further consolidation above recent low at 1.6275 would take place. Above said resistance would bring correction of recent decline from 1.7044 to the resistance at 1.6670 (this is also just above the 50% Fibonacci retracement of entire fall from 1.7044 to 1.6275 at 1.6660) and later towards the flat ground Ichimoku cloud top (now at 1.6717). Full Report Here... Trade Idea: EUR/USD - Buy At 1.4180 As the single currency maintained a firm undertone, suggesting the rise from 1.4045 low would extend gain towards resistance at 1.4328, however, break of this level is needed to signal the decline from 1.4448 top has ended at 1.4045 and headway to 1.4380/90 would follow but resistance at 1.4415 would limit upside and further choppy consolidation below 1.4448 would take place. Full Report Here... Trade Idea: USD/JPY - Buy At 93.30 The greenback fell again this morning on renewed cross-buying in Japanese yen due to risk aversion and although dollar has recovered from 93.47, a clear break above 94.56 resistance (this would also break the Kijun-Sen) is needed to confirm low has been formed and bring correction of recent decline to 95.30-39 (previous resistance and current level of the Ichimoku cloud bottom), then to 95.63 (50% Fibonacci retracement of 97.79 to 93.47), however, price should falter below the Ichimoku cloud top (now at 96.11). Full Report Here... | 
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