AUD / USD
| Commentary : The Aussie weakens sharply against major peers after Australia’s job results. The pair made intraday high at $0.7745 and low at $0.7705 mark. Today triple EMA with a day chart suggests bearish trend but H1 chart confirms bullish trend for the time being. A sustained close above $0.7740 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7702 will check further supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 0.7740 | S1 | 0.7702 |
| R2 | 0.7770 | S2 | 0.7677 |
| R3 | 0.7790 | S3 | 0.7638 |
| R4 | 0.7812 | S4 | 0.7602 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7730 | Sell Below : 0.7702 | ||
| – Take Profit : 0.7770 | – Take Profit : 0.7677 | ||
| – Stop Loss : 0.7702 | – Stop Loss : 0.7735 | ||
EUR / USD
| Commentary : The euro trades marginally higher against U.S. dollar and touches $1.1990 mark in Asian hours. The pair made intraday high at $1.1990 and low at $1.1969. Today triple EMA on a day chart suggests bearish trend while H1 chart signals up trend for the time being. A consistent close above $1.1989 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1970 on H1 will check further supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.1989 | S1 | 1.1970 |
| R2 | 1.2050 | S2 | 1.1948 |
| R3 | 1.2090 | S3 | 1.1927 |
| R4 | 1.2128 | S4 | 1.1901 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1990 | Sell Below : 1.1960 | ||
| – Take Profit : 1.2028 | – Take Profit : 1.1927 | ||
| – Stop Loss : 1.1960 | – Stop Loss : 1.1985 | ||
GBP / USD
| Commentary : The pound remains volatile on Thursday and remains well supported above $1.3750 mark. The pair made intraday high at $1.3794 and low at $1.3764 mark. A day chart with triple EMA confirms slightly bearish trend while H1 chart suggests slightly bullish trend in short run. A sustained close above $1.3790 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.3765 on H1 will check further supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3789 | S1 | 1.3765 |
| R2 | 1.3840 | S2 | 1.3722 |
| R3 | 1.3862 | S3 | 1.3701 |
| R4 | 1.3900 | S4 | 1.3665 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.3799 | Sell Below : 1.3758 | ||
| – Take Profit : 1.3820 | – Take Profit : 1.3722 | ||
| – Stop Loss : 1.3760 | – Stop Loss : 1.3790 | ||
USD / CAD
| Commentary : The Canadian dollar exhibits range bound movement and consolidates around 1.2520 mark. The pair made intraday high at 1.2528 and low at 1.2504 mark. A day chart and H1 Chart with triple EMA confirm bearish trend for the time being. A sustained close above 1.2540 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2505 will check key supports too. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2540 | S1 | 1.2500 |
| R2 | 1.2560 | S2 | 1.2468 |
| R3 | 1.2592 | S3 | 1.2450 |
| R4 | 1.2610 | S4 | 1.2422 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2540 | Sell Below : 1.2505 | ||
| – Take Profit : 1.2560 | – Take Profit : 1.2468 | ||
| – Stop Loss : 1.2505 | – Stop Loss : 1.2530 | ||
USD / JPY
| Commentary : The Japanese yen trades almost flat on Thursday and stabilizes below 109.00 mark. The pair made intraday high at 108.96 and low at 108.80 mark. The triple EMA on a day chart is bullish while H1 chart confirms bearish trend for the time being. A sustained close above 109.06 on H1 chart requires for the upside rally. Alternatively, a consistent close below 108.80 on H1 will check key supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 109.20 | S1 | 108.62 |
| R2 | 109.42 | S2 | 108.38 |
| R3 | 109.87 | S3 | 108.12 |
| R4 | 110.22 | S4 | 107.85 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 109.10 | Sell Below : 108.75 | ||
| – Take Profit : 109.38 | – Take Profit : 108.40 | ||
| – Stop Loss : 108.80 | – Stop Loss : 109.00 | ||
GOLD
| Commentary : The gold starts a new day on a positive note ahead of U.S.’s retail sales and industrial production results. Today pair made intraday high at $1,743 and low $1,734 mark. A day chart suggests slightly bearish trend while H1 chart with triple EMA is about to give crossover for the bullish trend but have to wait for the few hours for the same. A sustained close above $1,748 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,735 will check further supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1748 | S1 | 1732 |
| R2 | 1754 | S2 | 1727 |
| R3 | 1762 | S3 | 1721 |
| R4 | 1767 | S4 | 1715 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1745 | Sell Below : 1735 | ||
| – Take Profit : 1752 | – Take Profit : 1728 | ||
| – Stop Loss : 1737 | – Stop Loss : 1742 | ||
Note:
Download Report in PDF
We provide every solution to start your own
English
Arabic
Bengali
Chinese
Dutch
French
German
Italian
Portuguese
Russian
Spanish