They say that every a new day is a brand new opportunity. And there's more than a grain of truth to it. The start of a new trading week has given us a new promising opportunity. Let's explore it alongside the standing of our open positions.

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After yesterday's retracement of the Fed moves, today is bringing us reversals in the original directions. Look no further than the euro or the cable. And the other pairs surely deserve a good deal of our attention too. Indeed, let's take a look at the rich formation of opportunities right before the weekend.

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The dust is settling down, revealing several opportunities. The euro has retraced its yesterday's downswing, the Japanese yen is strengthening - just as the Canadian dollar is. Swiss franc is another currency we're keeping a close eye on. But how does it translate into our trading plans?

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The Fed day has arrived, and many currencies are retracing parts of their earlier moves. Yet doesn't this back-and-forth trading tell important stories nonetheless? Coupled with as much information as we can glean from the charts, these moves help us prepare for the scenarios ahead. And plan the trading action. Let's go.

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After yesterday's slide, the euro is retracing part of its decline. While it appears somewhat running out of steam, how likely is it that the bulls are almost exhausted now? And what about USD/JPY? We haven't seen it this high in quite a while. How probable is a reversal soon? Let's dive in to the charts.

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