EURUSD setting itself for a dip

EURUSD (1.2727)

EURUSD seems to be setting itself for dip and it seems that 1.2800 seems a very good selling level. The initial target seems 1.2600 level and some traders might look to target 1.2500 level. The traders will be quite keen to sell EURUSD around this level as it seems that once EURUSD managed to break below 1.2700 level, we might see an extended dip by EURUSD.

  

TRADE:

Sell EURUSD @ 1.2800 for Profit Level @ 1.2600 with Stop @ 1.2860

USDCHF gathering momentum

USDCHF seems to be gradullay heading towards 1.000 level and currently seems to be picking up the momentum. The traders will be looking to currently sell USDCHF on rise to 1.0300 level for a nice trade towards 1.0210 level. If USDCHF manages to break above 1.0300 level, then the next level, especially for long term traders will be 1.0390

  

TRADE:

Sell USDCHF @ 1.0290 for Profit Level @ 1.0215 with Stop @ 1.0430

EURUSD heading towards 1.3350 level

EURUSD (1.3291)

EURUSD seems to be moving in a nice upward trend and this trend seems to continue in the next coming days and it seems that it will try to break above 1.3350 level early nest week. What traders will be currently looking to do is to capture this move by Buying EURUSD for retracement dips around 1.3180 level. RSI seems a bit on the higher side but will open once EURUSD takes a bit of retracement and also will have enough space for EURUSD to make another move towards 1.3350 level.

  

TRADE:

Buy EURUSD @ 1.3180 for Profit Level @ 1.3350 with Stop @ 1.3120