[EURUSD]

Our Preference:

-        Long positions with targets at 1.1201.

Commentary/ Reason:

-        Chart entered rounding bottom pattern. it is expected to follow continuation into a bullish uptrend.

-        Current bullish progression is still going.

-        The RSI is above its neutrality area of 50.

-        The pair is trading above its 200 and 50 Moving Averages.

1

[CHFJPY]

Our Preference:

-        Short positions below 111.554, with target at 111.314.

Commentary/ Reason:

-        The MACD is above its signal line and positive. The configuration is positive.

-        The pair is trading above its 50 Moving Average.

-        Stochastic oscillator reading showing an oversold range, indicating impending upward movement.

2

[GBPUSD]

Our Preference:

-        Long positions above 1.2368 with target at 1.2420.

Commentary/ Reason:

-        Stochastic oscillator entering an oversold range, indicating impending upward movement.

-        The pair is trading above its 50 Moving Average.

-        Current bullish progression is still going. It is expected to follow continuation into a bullish uptrend.

3