Trade Idea: USD/CHF - Buy At 1.0285 Although dollar rebounded after trading above last week's low at 1.0279 and consolidation with mild upside bias is seen for test of resistance at 1.0422 (also just above the Ichimoku cloud top at 1.0415), it is necessary to see a breach of recent high at 1.0509 to confirm the upmove from 2009 low of 0.9910 has resumed, then bring further headway towards next resistance at 1.0592 (previous support turned resistance), otherwise, further choppy consolidation would take place. Full Report Here... Trade Idea: GBP/USD - Buy At 1.5975 Although the British pound retreated in tandem with euro, last week's strong rebound from 1.5832 to 1.6236 signals a temporary low has been formed at 1.5832 and whilst further weakness to the Kijun-Sen (now at 1.6035) is likely, reckon the Ichimoku cloud bottom (now at 1.5973) would limit downside and bring another leg of corrective rise later. Above the Ichimoku cloud top (now at 1.6167 would suggest this move is under way and retest of 1.6236 resistance would follow. Looking ahead, breach of this resistance would extend near term rise from 1.5832 towards 1.6277 (50% Fibonacci retracement of 1.6722-1.5832). Full Report Here... Trade Idea: EUR/USD - Sell At 1.4400 Although the single currency slipped again after faltering below resistance at 1.4459 (last week's high) and retest of recent low at 1.4218 cannot be ruled out, it is necessary to see a breach of this support to confirm recent decline from 1.5145 top has resumed and extend weakness to 1.4140/50, however, loss of downward momentum should prevent sharp fall below there and reckon 1.4115 (50% projection of 1.4906 to 1.4218 measuring from 1.4459) would hold. Full Report Here... Trade Idea: USD/JPY - Buy At 92.05 As the greenback has maintained a firm undertone after resuming recent upmove, suggesting the rise from 84.82 low is still in progress and would extend gain to 93.32 (100% projection of 84.82 to 90.78 measuring from 87.36) but loss of upward momentum would cap price below 94.00 and reckon 94.50/55 would hold from here, risk a retreat later. Full Report Here... | 
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