Trade Idea: USD/CHF - Sell At 1.0365 Dollar's breach of support at 1.0279 yesterday suggests recent upmove from 0.9910 is still being retraced and consolidation with downside bias is seen for further fall to 1.0200/10 (approx. 50% Fibonacci retracement of 0.9910 to 1.0509) and possibly towards support at 1.0176 (previous resistance turned support) , however, reckon support at 1.0140 would hold from here. Full Report Here... Trade Idea: GBP/USD - Buy At 1.6040 Despite yesterday's breach of 1.6236, lack of follow through buying and the subsequent retreat from 1.6242 suggest choppy consolidation would take place and as temporary low has been formed earlier at 1.5832, donside should be limited to the Kijun-Sen (now at 1.6037) and bring another rebound later. Above said resistance at 1.6242 would extend near term rise from 1.5832 low for a stronger retracement of recent decline towards 1.6277 (50% Fibonacci retracement of 1.6722-1.5832). Full Report Here... Trade Idea: EUR/USD - Buy At 1.4345 Euro's breach of resistance at 1.4459 signals a temporary low has indeed been formed at 1.4218 in December and consolidation with upside bias is seen for retracement of recent decline to 1.4503 (previous support turned resistance) and possibly towards 1.4562 (50% Fibonacci retracement of 1.4906 to 1.4218), however, reckon 1.4586-91 resistance would limit upside and reckon 1.4647 (1.618 times projection of 1.4218 to 1.4459 measuring from 1.4257) would cap upside. Full Report Here... Trade Idea: USD/JPY - Buy At 92.65 Although the greenback rose marginally to 93.22, the subsequent sharp retreat from there suggests a temporary top has been formed and consolidation with downside bias is seen for correction of recent upmove to 91.32 (38.2% Fibonacci retracement of 88.32 to 93.22) and possibly support at 91.12, however, reckon support at 90.78 (previous resistance) would hold and bring another rally later this week. Full Report Here... | 
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