AUD / USD
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RIS (Period=26) | Below RIS LEVEL 50 | ||
| FIBO Levels | PIVOT | ||
| R1 | 0.7590 | S1 | 0.7520 |
| R2 | 0.7620 | S2 | 0.7500 |
| R3 | 0.7670 | S3 | 0.7450 |
| R4 | 0.7692 | S4 | 0.7400 |
| Conclusion | |||
| Buy Above | 0.7590 | ||
| – Take Profit | 0.7620 | ||
| – Stop Loss | 0.7550 | ||
| Sell Below | 0.7520 | ||
| – Take Profit | 0.7490 | ||
| – Stop Loss | 0.7570 | ||
| Commentary : The Aussie spikes down extremely on Thursday after mixed economic data and touches $0.7538 mark in Asian hours. It is the lowest level since Dec 23, 2020. Today triple EMA with day and H1 chart confirm bearish trend for the time being. A sustained close above $0.7590 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7500 will check further supports. | |||
EUR / USD
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RIS (Period=26) | Below RIS LEVEL 50 | ||
| FIBO Levels | PIVOT | ||
| R1 | 1.1750 | S1 | 1.1690 |
| R2 | 1.1780 | S2 | 1.1676 |
| R3 | 1.1834 | S3 | 1.1648 |
| R4 | 1.1862 | S4 | 1.1620 |
| Conclusion | |||
| Buy Above | 1.1750 | ||
| – Take Profit | 1.1775 | ||
| – Stop Loss | 1.1700 | ||
| Sell Below | 1.1690 | ||
| – Take Profit | 1.1665 | ||
| – Stop Loss | 1.1750 | ||
| Commentary : The euro falls drastically against U.S. dollar and hovers around $1.17 mark. The pair made intraday high at $1.1732 and low at $1.1713. Today triple EMA on a day and H1 chart signal down trend for the time being. A consistent close above $1.1750 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1690 on H1 will check further supports. | |||
GBP / USD
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RIS (Period=26) | Above RIS LEVEL 50 | ||
| FIBO Levels | PIVOT | ||
| R1 | 1.3780 | S1 | 1.3700 |
| R2 | 1.3800 | S2 | 1.3670 |
| R3 | 1.3843 | S3 | 1.3648 |
| R4 | 1.3880 | S4 | 1.3610 |
| Conclusion | |||
| Buy Above | 1.3800 | ||
| – Take Profit | 1.3840 | ||
| – Stop Loss | 1.3750 | ||
| Sell Below | 1.3740 | ||
| – Take Profit | 1.3700 | ||
| – Stop Loss | 1.3780 | ||
| Commentary : The pound trades slightly lower on Thursday and currently stabilizes above $1.3750 mark. The pair made intraday high at $1.3790 and low at $1.3756 mark. A day chart and H1 chart with triple EMA confirm slightly up trend for the time being. A sustained close above $1.3800 on H1 chart requires for the upside rally. Alternatively, current downside movement will drag the parity down below $1.3740 mark. | |||
USD / CAD
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RIS (Period=26) | Above RIS LEVEL 50 | ||
| FIBO Levels | PIVOT | ||
| R1 | 1.2640 | S1 | 1.2570 |
| R2 | 1.2667 | S2 | 1.2550 |
| R3 | 1.2690 | S3 | 1.2520 |
| R4 | 1.2722 | S4 | 1.2500 |
| Conclusion | |||
| Buy Above | 1.2610 | ||
| – Take Profit | 1.2640 | ||
| – Stop Loss | 1.2570 | ||
| Sell Below | 1.2560 | ||
| – Take Profit | 1.2540 | ||
| – Stop Loss | 1.2610 | ||
| Commentary : The Canadian dollar depreciates against U.S. dollar and hovers around 1.2600 mark. A day chart is bearish in long run while H1 chart confirm up trend for the time being. A sustained close above 1.2640 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2550 will check key supports too. | |||
USD / JPY
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RIS (Period=26) | Above RIS LEVEL 50 | ||
| FIBO Levels | PIVOT | ||
| R1 | 110.96 | S1 | 110.50 |
| R2 | 111.44 | S2 | 110.20 |
| R3 | 111.72 | S3 | 109.57 |
| R4 | 112.10 | S4 | 109.00 |
| Conclusion | |||
| Buy Above | 110.96 | ||
| – Take Profit | 111.26 | ||
| – Stop Loss | 110.50 | ||
| Sell Below | 110.40 | ||
| – Take Profit | 110.10 | ||
| – Stop Loss | 110.96 | ||
| Commentary : The Japanese yen moves in rigid boundaries and remains well supported below 111.00 mark. The pair made intraday high at 110.82 and low at 110.57 mark. The triple EMA on a day chart and H1 chart confirm bullish trend for the time being. A sustained close above 110.96 on H1 chart requires for the upside rally. Alternatively, a consistent close below 110.50 on H1 will check key supports. | |||
GOLD
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RIS (Period=26) | Below RIS LEVEL 50 | ||
| FIBO Levels | PIVOT | ||
| R1 | 1718 | S1 | 1702 |
| R2 | 1722 | S2 | 1694 |
| R3 | 1728 | S3 | 1685 |
| R4 | 1732 | S4 | 1676 |
| Conclusion | |||
| Buy Above | 1715 | ||
| – Take Profit | 1722 | ||
| – Stop Loss | 1708 | ||
| Sell Below | 1705 | ||
| – Take Profit | 1698 | ||
| – Stop Loss | 1715 | ||
| Commentary : The gold recovers from previous losses and stabilizes back above $1,700 mark. Today pair made intraday high at $1,715 and low at $1,705 mark. A day chart with triple EMA confirm bearish trend while H1 chart with triple EMA confirm up trend for the time being. A sustained close above $1,715 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,702 will check further supports. | |||
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