EURO, JAP YEN and EURO-YEN
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Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
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USD-CHF @ 1.0798/0801...Holding Long
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R: 1.0811-19 / 1.0852-68 / 1.0990
S: 1.0766-44 / 1.0700 / 1.0633-26
Dollar-Swiss has risen during the day and next faces Resistance near 1.0811-19. A break of 1.0819 might look to move towards 1.10 and possibly make a double bottom on the daily candle chart. Today's close is going to be very important which could possibly chalk out the path over the next few days. We shall have to see. Our Long at 1.0764 got profited during the day.

Limit Buy Order:
Buy USD 10K at 1.0735, SL 1.0645, TP 1.0780

Holding:
USD 10K Long at 1.0695, SL 1.0730 (up from 1.0715), TP Open


GBP-USD @ 1.6374/76...Indecisive at the moment
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R: 1.6507 / 1.6642-80 / 1.6840
S: 1.6273-53 / 1.6014
Cable has fallen sharply during the day. Today's close might indicate the path that the pair might take over the course of the week. There's Support available at 1.6273-53 on a further fall. Referring to the note in the morning, the simple MACD is looking to come down, bringing the pair along with it. So, one has to be cautious at the moment.

On the other hand, a rise past 1.6680 is likely to be very bullish for the pair.

 
AUD-USD @ 0.8101/03...Holding Long
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R: 0.8151 / 0.8259-88 / 0.8322
S: 0.8069-56 / 0.8023-07 / 0.7928-04
In Aussie, too, today's close might give some indication of the pair going forward. Here again, there's the danger of double bottom forming on the daily candle chart. But if the Support at 0.7980 holds, the next week might see the pair retracing 0.8250 and even higher.

Holding:
AUD 10K Long at 0.8090, SL 0.8070 (up from 0.8010), TP 0.8140 (down from 0.8250)
 


Happy Trading!