AUD / USD
| Commentary : AUD/USD: Australian dollar shows up trend in Day Candle as well as H1 time frame. MA & RSI Confirms continuity of the trend, 0.7685 can be considered as a nice support if it doesn’t break, definitely it is going to give pull back from here. Wait for the entry point on either side break out level. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 0.7762 | S1 | 0.7660 |
| R2 | 0.7799 | S2 | 0.7590 |
| R3 | 0.7820 | S3 | 0.7520 |
| R4 | 0.7854 | S4 | 0.7500 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.77560 | Sell Below : 0.77242 | ||
| – Take Profit : 0.77766 | – Take Profit : 0.77039 | ||
| – Stop Loss : 0.77320 | – Stop Loss : 0.77493 | ||
EUR / USD
| Commentary : EUR/USD: The euro is confirming up trend on day candle as well as H1 Time frame. It also suggests that it has failed to give break out above the high of last seven trading sessions. Breaking it successfully will induce a new uptrend. On H1 time frame range is now narrowing down and it is being traded in the high volume zone marked on chart as a bluish grey box. Wait for the trigger price to enter a trade! | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2198 | S1 | 1.2128 |
| R2 | 1.2232 | S2 | 1.2074 |
| R3 | 1.2265 | S3 | 1.2040 |
| R4 | 1.2309 | S4 | 1.2001 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.21753 | Sell Below : 1.21410 | ||
| – Take Profit : 1.21940 | – Take Profit : 1.21137 | ||
| – Stop Loss : 1.21503 | – Stop Loss : 1.21716 | ||
GBP / USD
| Commentary : GBP/USD: The British Pound also confirms up trend on day candle as well as H1 time frame. It has also shown range where new high is not created since last 5 trading sessions and being traded in high volume zone. Wait for the breakout for new uptrend or let it enter the high volume zone which will give a downward movement for the day! | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3752 | S1 | 1.3674 |
| R2 | 1.3776 | S2 | 1.3635 |
| R3 | 1.3802 | S3 | 1.3600 |
| R4 | 1.3844 | S4 | 1.3552 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.37547 | Sell Below : 1.37052 | ||
| – Take Profit : 1.37893 | – Take Profit : 1.36590 | ||
| – Stop Loss : 1.37113 | – Stop Loss : 1.37499 | ||
USD / CAD
| Commentary : USD/CAD: The Canadian dollar is being traded in strict range since last three days and looking for a direction, breaking up or down will result in big movement. H1 shows breaking 1.2685 will continue further downward movement. Breaking upward price at 1.275 may lead to 1.28. it is being traded in high volume zone! | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2783 | S1 | 1.2685 |
| R2 | 1.2822 | S2 | 1.2630 |
| R3 | 1.2848 | S3 | 1.2570 |
| R4 | 1.2880 | S4 | 1.2537 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.27456 | Sell Below : 1.26883 | ||
| – Take Profit : 1.27700 | – Take Profit : 1.26506 | ||
| – Stop Loss : 1.27179 | – Stop Loss : 1.27300 | ||
USD / JPY
| Commentary : USD/JPY: The Japanese yen is trading in narrow range on a day chart. On a day candle and H1 time frame, it is getting narrowing down and being traded between 50 Pips. Looking to H4 Chart we can have a better picture, suggest a bigger movement is due above 103.85 or below 103.50. Wait for the right breakout. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 104.22 | S1 | 103.28 |
| R2 | 104.90 | S2 | 102.90 |
| R3 | 105.40 | S3 | 102.45 |
| R4 | 105.94 | S4 | 102.10 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 103.810 | Sell Below : 103.580 | ||
| – Take Profit : 103.924 | – Take Profit : 103.428 | ||
| – Stop Loss : 103.654 | – Stop Loss : 103.781 | ||
GOLD
| Commentary : XAU/USD (GOLD): Gold is being range bound and traded in between $1,840 – $1,860, which is also high volume zone. Currently RSI & MA confirms downtrend but for making a decisive trend it should break either $1,840 or $1,860 and must sustain till the day candle closes. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1862 | S1 | 1840 |
| R2 | 1867 | S2 | 1832 |
| R3 | 1872 | S3 | 1827 |
| R4 | 1885 | S4 | 1815 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1851.32 | Sell Below : 1837.50 | ||
| – Take Profit : 1861.84 | – Take Profit : 1830.13 | ||
| – Stop Loss : 1838.69 | – Stop Loss : 1844.36 | ||
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