AUD / USD
Commentary : The Aussie appreciates in early Asia as Australia released Flash manufacturing and services PMI data with positive number. The pair made intraday high at $0.7734 and low at $0.7700 mark. A day chart is showing Up Trend in long run but H1 chart with triple EMA confirms down 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 | 0.7590 |
BUY | SELL | ||
Trade Idea | Trade Idea | ||
Buy Above : 0.7740 | Sell Below : 0.7700 | ||
– Take Profit : 0.7770 | – Take Profit : 0.7675 | ||
– Stop Loss : 0.7710 | – Stop Loss : 0.7730 |
EUR / USD
Commentary :The euro fell sharply in previous session after ECB’s Interest Rate Decision. Today pair recovers slightly from previous losses and remains well supported above $1.2000 mark. Today pair made intraday high at $1.2027 and low at $1.2012. Today triple EMA on a day chart is bullish but H1 chart suggests bearish trend for the time being. A consistent close above $1.2050 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2006 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 | 1.2050 | S1 | 1.2006 |
R2 | 1.2090 | S2 | 1.1980 |
R3 | 1.2128 | S3 | 1.1942 |
R4 | 1.2152 | S4 | 1.1922 |
BUY | SELL | ||
Trade Idea | Trade Idea | ||
Buy Above : 1.2040 | Sell Below : 1.2000 | ||
– Take Profit : 1.2065 | – Take Profit : 1.1980 | ||
– Stop Loss : 1.2005 | – Stop Loss : 1.2030 |
GBP / USD
Commentary : The sterling trades marginally higher on Friday and hovers around $1.3850 mark. The pair made intraday high at $1.3866 and low at $1.3831 mark. Today a day is bullish but H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $1.3876 requires for the upside rally. Alternatively, a consistent close below $1.3837 will check further key supports. | |||
Indicators | H1 | ||
Trends | Up Trend | ||
Moving Average (Period=75) | Below MA | ||
RSI (Period=26) | Below RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 1.3876 | S1 | 1.3822 |
R2 | 1.3900 | S2 | 1.3787 |
R3 | 1.3955 | S3 | 1.3762 |
R4 | 1.3970 | S4 | 1.3740 |
BUY | SELL | ||
Trade Idea | Trade Idea | ||
Buy Above : 1.3876 | Sell Below : 1.3822 | ||
– Take Profit : 1.3900 | – Take Profit : 1.3787 | ||
– Stop Loss : 1.3850 | – Stop Loss : 1.3830 |
USD / CAD
Commentary : The Canadian dollar remains volatile in early Asia and touches 1.2470 mark in Asian session. Today pair made intraday high at 1.2506 and low at 1.2470 mark. A day chart and H1 chart with Triple EMA confirm bearish trend for the time being. A sustained close above 1.2510 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2470 on H1 chart 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 | 1.2520 | S1 | 1.2460 |
R2 | 1.2562 | S2 | 1.2418 |
R3 | 1.2590 | S3 | 1.2400 |
R4 | 1.2612 | S4 | 1.2382 |
BUY | SELL | ||
Trade Idea | Trade Idea | ||
Buy Above : 1.2510 | Sell Below : 1.2470 | ||
– Take Profit : 1.2535 | – Take Profit : 1.2450 | ||
– Stop Loss : 1.2485 | – Stop Loss : 1.2500 |
USD / JPY
Commentary : The Japanese yen rises slightly against U.S. dollar after robust economic indicators and stabilizes below 108.00 mark. The pair made intraday high at 107.99 and low at 107.80 mark. The triple EMA on a day chart is bullish while H1 chart confirms bearish trend for the time being. A sustained close above 108.00 on H1 chart requires for the upside rally. Alternatively, a consistent close below 107.87 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 | 108.15 | S1 | 107.80 |
R2 | 108.40 | S2 | 107.60 |
R3 | 108.90 | S3 | 107.28 |
R4 | 109.27 | S4 | 107.00 |
BUY | SELL | ||
Trade Idea | Trade Idea | ||
Buy Above : 108.00 | Sell Below : 107.70 | ||
– Take Profit : 108.26 | – Take Profit : 107.48 | ||
– Stop Loss : 107.75 | – Stop Loss : 108.00 |
GOLD
Commentary : The gold moves in stiff boundaries on Friday and remains well supported below $1,800 mark. Today pair made intraday high at $1,789 and low $1,782 mark. A day chart and H1 chart confirm up trend for the time being. H1 Chart with Triple EMA is about to give successful crossover, which may confirms bearish trend for the time being. Have to wait for few hours to confirm the trend. A sustained close above $1,788 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,780 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 | 1799 | S1 | 1780 |
R2 | 1805 | S2 | 1776 |
R3 | 1812 | S3 | 1772 |
R4 | 1820 | S4 | 1767 |
BUY | SELL | ||
Trade Idea | Trade Idea | ||
Buy Above : 1790 | Sell Below : 1780 | ||
– Take Profit : 1796 | – Take Profit : 1774 | ||
– Stop Loss : 1782 | – Stop Loss : 1788 |
Note:

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