SwissUSD-CHF @ 0.9379/82...Weak, sell on rallies
R: 0.9390-410 / 0.9460
S: 0.9350-40 / 0.9300 / 0.9260

The pair on the rise found resistance at 0.9400 which is near to its 200 EMA on the dialy charts and since has retreated to lower levels and looks weak. It is quite likely that it will slide from here it self towards its next support of 0.9350 and even to 0.9310 this is said looking at the bearish picture trend that it is in. But from the past four trading days it has been getting support at 0.9335 and seems to have established a 0.9410-9335 range which looks good to be broken on the down side considering the overall bearish trend hence any rise to 0.9400 and above can be sold in to on an anticipation of the break on the down side. The break above 0.9410 can take it to 0.9460 but is not likely to happen looking at the bearish picture and weak moment that it has been showing.

Limit Sell Order
USD 10K Short 10K at 0.9415, SL 0.9475, TP 0.9330
USD 20K Short at 0.9460, SL 0.9505, TP 0.9205
CableGBP-USD @ 1.6107/10...looks weak can fall sharply on the break of 1.6080
R: 1.6125 / 1.6160-80 / 1.6250
S: 1.6080 / 1.6000

The pair as mentioned in the morning looks weak and indeed it broke its support of 1.6120 and even drifted below 1.6100 but found support at 1.6080 which is its 78.60% Fibonacci support on the daily charts. The outlook remains gloomy and we can see the pair sliding lower on the break of 1.6180 which does look likely looking at the Bollinger. Momentum has not picked up yet but is expected to on the break of 1.6080. The upside move does look likely but if 1.6180 is held then a move towards 1.6160-80 can be seen but is unlikely.

GBP 10K Short at 1.6115, SL 1.6175, TP 1.6010 (Changed from 1.6050)
As soon as market trades 1.6040 trail SL to 1.6100.

AussieAUD-USD @ 1.0223/26...A bounce to 1.0300
R: 1.0230 / 1.0330 / 1.0370
S: 1.0200 / 1.1100 / 1.0000

As mentioned in the morning the fall in Aussie has been over done and we can see the fall stopping for a while. A retreat before it resumes it down trend as a short covering rally is possible. A bounce from current levels can give a rise to 1.0300-30 which would be a good level to short the pair with a tight stop. On the down side a continuation of the trend can take it lower towards 1.0100 which seems to be its next support. Over all the bigger picture is bearish and the downward move is expected to continue.

Limit Sell Order
Sell AUD 10K at 1.0330, SL 1.0380, TP Open

Happy Trading!