AUD / USD
| Commentary : The Aussie failed to break key hurdle at $0.7838 mark and fell back below $0.7800 mark. A day chart still suggests bullish trend while H1 chart with triple EMA suggests the down trend for the time being. A sustained close above $0.7838 on H1 chart requires for the upside rally. Alternatively, current down side movement will take the parity back below $0.7750 mark. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 0.7838 | S1 | 0.7752 |
| R2 | 0.7875 | S2 | 0.7728 |
| R3 | 0.7903 | S3 | 0.7694 |
| R4 | 0.7939 | S4 | 0.7667 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.78120 | Sell Below : 0.77695 | ||
| – Take Profit : 0.78444 | – Take Profit : 0.77376 | ||
| – Stop Loss : 0.77783 | – Stop Loss : 0.78008 | ||
EUR / USD
| Commentary : The euro exhibits range bound movement and stabilizes around $1.2050 mark. Today triple EMA on a day as well as H1 chart confirm the bearish trend only. A consistent close above $1.2073 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2046 on H1 will check further supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2092 | S1 | 1.2046 |
| R2 | 1.2115 | S2 | 1.2001 |
| R3 | 1.2167 | S3 | 1.1961 |
| R4 | 1.2205 | S4 | 1.1938 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.20708 | Sell Below : 1.20323 | ||
| – Take Profit : 1.20995 | – Take Profit : 1.20066 | ||
| – Stop Loss : 1.20435 | – Stop Loss : 1.20627 | ||
GBP / USD
| Commentary : The sterling moves in stiff boundaries on Thursday and hovers around $1.3950 mark. The pair made intraday high at $1.3954 and low at $1.3920 mark. Triple EMA on a day chart suggests up trend while in short run, some downside pressure is likely. A sustained close above $1.3982 on H1 chart requires for the upside rally. On the other hand, consistent close below $1.3920 will test further supports too. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3982 | S1 | 1.3920 |
| R2 | 1.4010 | S2 | 1.3858 |
| R3 | 1.4038 | S3 | 1.3815 |
| R4 | 1.4086 | S4 | 1.3787 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.39683 | Sell Below : 1.39080 | ||
| – Take Profit : 1.40141 | – Take Profit : 1.38732 | ||
| – Stop Loss : 1.39169 | – Stop Loss : 1.39550 | ||
USD / CAD
| Commentary : The Canadian dollar trades marginally lower on Thursday and stabilizes above 1.2650 mark. A day chart with triple EMA confirms the bearish trend; while in short run, pair is likely to give some upside correction. The expected range for the parity will be 1.2692 to 1.2610 mark. A sustained close of either side on H1 chart requires for the further trend confirmation. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2674 | S1 | 1.2610 |
| R2 | 1.2692 | S2 | 1.2584 |
| R3 | 1.2740 | S3 | 1.2555 |
| R4 | 1.2776 | S4 | 1.2518 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.26907 | Sell Below : 1.26373 | ||
| – Take Profit : 1.27183 | – Take Profit : 1.26053 | ||
| – Stop Loss : 1.26617 | – Stop Loss : 1.26745 | ||
USD / JPY
| Commentary : The Japanese yen trades almost flat on Thursday and hovers around 107.00 mark. The triple EMA on a day and H1 chart suggest the bullish trend for the time being. The pair made intraday high at 107.10 and low at 106.95 mark. A sustained close above 107.07 on H1 requires for the upside rally. Alternatively, a consistent close below 106.80 will check key supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 107.22 | S1 | 106.80 |
| R2 | 107.54 | S2 | 106.53 |
| R3 | 107.98 | S3 | 105.70 |
| R4 | 108.15 | S4 | 105.22 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 107.204 | Sell Below : 106.823 | ||
| – Take Profit : 107.397 | – Take Profit : 106.584 | ||
| – Stop Loss : 106.992 | – Stop Loss : 107.085 | ||
GOLD
| Commentary : The gold spiked down sharply in previous session despite ADP job results disappointed the traders. The pair touched $1,701 mark in late U.S. session and today pair manages to recover slightly and stabilizes above $1,710 mark. A day as well as H1 chart still confirms the bearish trend for the time being. The pair made intraday high at $1,716 and low at $1,706 mark. The expected range for the parity will be $1,722 to $1,708 mark. A sustained close of either side on H1 chart requires to confirm further directions of the parity. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1722 | S1 | 1698 |
| R2 | 1727 | S2 | 1692 |
| R3 | 1732 | S3 | 1685 |
| R4 | 1740 | S4 | 1677 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1719.25 | Sell Below : 1704.74 | ||
| – Take Profit : 1729.57 | – Take Profit : 1693.50 | ||
| – Stop Loss : 1706.05 | – Stop Loss : 1718.00 | ||
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