Daily Technical Analysis for Monday, August 5, 2013 - by ForexPeoples.Com | using Daily-TF chart.
EURUSD
as i say on the previous post that - bull on EURUSD was weak move. no good for buy as long as buyer still hold move bellow then 1.3350. on other side, we can take prepare for make a nice sell / short position on next plan trade here.
GBPUSD
be ready to buy if today GBPUSD continue can move up and break to intraday high 1.5309 = buy is better if 1.5309 break by buyer. let's be ready for buy if that happen (then).
USDJPY
now, the USDJPY still on it's flat / consolidation area. price still move near that pivot 99.30. we can wait and see = better.
USDCHF
the down trend also can be here again. look at USDCHF daily tf, for me if on today candle the seller able break again to bellow 0.9273 = we can take for sell op then. please use the small tp for sell, because this down move was look weak too.
Regards.