Trade Idea: USD/CHF - Sell At 1.0690 As dollar has rebounded after finding renewed buying above indicated support at 1.0529 (with a long lower shadow), price just tested the Ichimoku cloud bottom and further correction towards the Ichimoku cloud top (now at 1.0694) cannot be ruled out, however, resistance at 1.0717 should limit upside and bring another selloff later. Below said support would extend recent decline towards 1.0500 but downside should be limited to 1.0451 (50% projection of 1.1742 to 1.0592 measuring from 1.1026). Full Report Here... Trade Idea: GBP/USD - Sell At 1.6350 Despite rebounding to 1.6382 last Friday, the sharp retreat from there suggests the correction from 1.6153 has ended there and recent decline from 1.7044 top should resume for retest of 1.6153, break there would extend to 1.6120/30, however, loss of downward momentum would limit downside to 1.6070/80 and chart support at 1.6033 would remain intact. Full Report Here... Trade Idea: EUR/USD - Sell At 1.4350 The cross-inspired retreat suggests the rise from 1.4045 has formed a top at 1.4407 and as price has already broken the Ichimoku cloud top, suggesting a test of 1.4205-1.4211 (previous support and current level of the Ichimoku cloud bottom respectively). However, it is necessary to see a clear break of this level to confirm the rise from 1.4045 has ended and bring further fall to 1.4183 (61.8% Fibonacci retracement of 1.4045 to 1.4407), then 1.4150. Full Report Here... Trade Idea: USD/JPY - Exit Long Entered At 92.80 As the greenback has dropped sharply this morning on broad-based strength in Japanese yen after weekend election, suggesting further decline to 92.37 (61.8% projection of 97.79-93.42 measuring from 95.07) is likely, however, near term oversold condition should limit downside to 92.00 and chart support at 91.73 should hold from here. Full Report Here... | 
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