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Technical Set-up for GBPJPY

Trend:Bearish
Momentum:Bearish
Outlook:GBPJPY is in perfect bearish trend after prolong upward movement.After touching 148 Level the pair is already down around 900 PIPS. Might we can expect some correction upwards before coming down heavily.
Trade idea:Enter short around 141 Level.With AL above 143 Level.AIm for 300 to 500 PIPS.
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Technical Set-Up for NZDCAD

Trend:Bullish
Momentum:Bullish
Outlook:After prolong Downtrend look like NZDCAD preparing to go high either as correction or change in trend nevermind.If there is trade for taking let's grab it.In my opinion this price have bottomed around 0.9200 Level.I dont think that level is going to be broken in the near future.
Trade idea:Enter long around 0.9300 Level.Aim for 200 to 300 PIPS.Alternatively close below 0.9200 level will invalidate our set-up.
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Technical Set-up for EURCHF

Trend:Range
Momentum:Range & expected bullish
Outlook:EURCHF still consolidating around 1.0700 Zone.This consolidation gives ur higher hope that the price getting ready to go up.Traders who are not yet Long can enter long.
Trade idea:Enter Long around 1.0700 & aim for 150 to 200 PIPS.
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Technical Set-up for NZDCAD

Trend:Bearish
Momentum:Poosible Bullish
Outlook:NZDCAD have reached range support @ 0.9250..From here possibly the price should go up if the range supports hold.As this level acted as support last month.In my opinion price should go up
Trade idea:Enter long @ 0.9250 & aim for 150 to 250 PIPS.Alternatively daily close below 0.9200 Level will invalidate our set-up
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Technical Set-up for EURCHF

Trend:Range
Momentum:Range
Outlook:EURCHF have reached range support of 1.0700 Level.This level acted as support in the past.If the same level can hold on then we can expect upward movement in the coming days.EURCHF being range market pair there is high chance that the range might hold
Trade idea:Enter long around 1.0700.Aim for 100 to 150 PIPS.
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Technical Set-up for GBPCAD

Trend:Range
Momentum:Range
Outlook:GBPCAD have reached Range support @ 1.65oo.There is lot of support found at this level.Previously this Level have acted as perfect support level in the past.If this level holds then we can expect the price to go up in the coming days
Trade idea:Look to buy around 1.65.Aim for 300 to 400 PIPS. Alternatively daily close below 1.64 level will invalidate our set-up
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Technical Set-Up for AUDNZD

Trend:Range
Momentum:Range
Outlook:AUDNZD been in Range market for sometime now.Currently the price is near range support @ 1.0420 Level.Given the range market condition the price should move higher from here.
Trade idea:Look to GO long around 1.0420. Aim for around 120 PIPS.Allternatively close below range Support of 1.0400 will invalidate our set-up
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Technical Set-up for AUDUSD

Trend:Bullish
Momentum:Bullish
Outlook:After prolong downward trend the pair is in consolidation mode & ready to go up.Look like the price have formed bottom.Can expect the price to march higher in the coming days
Trade idea:Look to Buy around 0.7400 Level .Aim for 200 PIPS.Alternatively daily close below 0.733 level will invalidate our set-up
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Technical Set-Up for NZDCAD

Trend:Range
Momentum:Bullish
Outlook:NZDCAD is in range market condition as like most of the pairs in the recent months.NZDCAD managed to bounce from range support of 0.9425 Zone on friday.We can expect the price to go up in the coming days.Being a range market it is better to keep TP levels at minimum.The price should move atleast 150 PIPS to 0.9650 Level.
Trade idea:Look to buy around 0.9500 level with SL below 0.9425 Level.Aim for 100 to 150 PIPS.
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Technical Set-Up for USDJPY

Trend:Range
Momentum:Bearish
Outlook:USDJPY as expected gave sell signal @ 104 Zone.It was a Range resistance as well as psychological round number Zone.It was a perfect sell signal as u read in text book.Sure the price to ready to go down to 102 Level atleast.
Trade idea:Look to sell around 103.20 Level with SL @ 104 level.Aim for 100 to 150 PIPS.
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