EURUSD: – Pair seen consolidating at current levels trading above 21 day SMA now. RSI is neutral and MACD around zero line, pair can be bought at current levels.
Our Preference: – Buy around 1.1980
Target – 1.2020-1.2030
Stop loss – 1.1960
GBPUSD: – Trading below 14 day SMA, can be bought at current levels. Technically RSI indicating to buy with MACD below zero line giving buying signals.
Preference: – Buy around 1.3560
Target – 1.3590-1.3600
Stop loss – 1.3545
USDJPY: – RSI towards oversold territory and MACD crossover below zero line giving bullish signals in the pair, currently below 21 day SMA pair can be bought at current levels.
Our Preference: – Buy at 109
Target – 109.30-109.35
Stop loss – 108.85