AUD / USD
| Commentary : The Aussie depreciates noticeably on Wednesday as CPI data misses expectations. The pair made intraday high at $0.7771 and low at $0.7725 mark. A day chart confirms up trend while H1 chart confirms bearish trend for the time being. A sustained close above $0.7772 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7700 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 | 0.7772 | S1 | 0.7718 |
| R2 | 0.7815 | S2 | 0.7702 |
| R3 | 0.7838 | S3 | 0.7677 |
| R4 | 0.7867 | S4 | 0.7640 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7776 | Sell Below : 0.7725 | ||
| – Take Profit : 0.7815 | – Take Profit : 0.7701 | ||
| – Stop Loss : 0.7740 | – Stop Loss : 0.7770 | ||
EUR / USD
| Commentary : The euro trades marginally lower on Wednesday and remains well supported around $1.2080 mark. Later today ECB President Lagarde is scheduled to speak at 1400 GMT, likely to bring market volatility in Euro parity. Today pair made intraday high at $1.2093 and low at $1.2075. Today triple EMA on a day chart and H1 chart confirm bullish trend for the time being. A consistent close above $1.2090 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2048 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 | 1.2090 | S1 | 1.2062 |
| R2 | 1.2115 | S2 | 1.2048 |
| R3 | 1.2152 | S3 | 1.2001 |
| R4 | 1.2170 | S4 | 1.1976 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2095 | Sell Below : 1.2055 | ||
| – Take Profit : 1.2122 | – Take Profit : 1.2015 | ||
| – Stop Loss : 1.2070 | – Stop Loss : 1.2090 | ||
GBP / USD
| Commentary : The sterling trades marginally lower on Wednesday and stabilizes below $1.3900 mark. The pair made intraday high at $1.3910 and low at $1.3874 mark. Today a day confirms bullish trend for the time being while H1 chart confirms short trend for the time being. A sustained close above $1.3915 requires for the upside rally. Alternatively, a consistent close below $1.3840 will check further key supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3925 | S1 | 1.3858 |
| R2 | 1.3945 | S2 | 1.3822 |
| R3 | 1.3969 | S3 | 1.3787 |
| R4 | 1.3992 | S4 | 1.3764 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3925 | Sell Below : 1.3855 | ||
| – Take Profit : 1.3945 | – Take Profit : 1.3820 | ||
| – Stop Loss : 1.3885 | – Stop Loss : 1.3905 | ||
USD / CAD
| Commentary : The Canadian dollar trades marginally lower and jumps back above 1.2400 mark. Today pair made intraday high at 1.2418 and low at 1.2394 mark. A day chart and H1 chart with Triple EMA confirm bearish trend for the time being. A sustained close above 1.2418 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2391 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 | 1.2418 | S1 | 1.2391 |
| R2 | 1.2450 | S2 | 1.2365 |
| R3 | 1.2472 | S3 | 1.2347 |
| R4 | 1.2490 | S4 | 1.2330 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2420 | Sell Below : 1.2380 | ||
| – Take Profit : 1.2450 | – Take Profit : 1.2347 | ||
| – Stop Loss : 1.2389 | – Stop Loss : 1.2415 | ||
USD / JPY
| Commentary : The Japanese yen weakens noticeable against U.S. dollar after BOJ’s Monetary Policy Meet released yesterday. The pair made intraday high at 108.94 and low at 108.62 mark. The triple EMA on a day as well as H1 chart is bullish for the time being. A sustained close above 109.11 on H1 chart requires for the upside rally. Alternatively, a consistent close below 108.57 on H1 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 | 109.11 | S1 | 108.57 |
| R2 | 109.40 | S2 | 108.22 |
| R3 | 109.71 | S3 | 107.87 |
| R4 | 109.96 | S4 | 107.51 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 109.10 | Sell Below : 108.50 | ||
| – Take Profit : 109.37 | – Take Profit : 108.22 | ||
| – Stop Loss : 108.60 | – Stop Loss : 108.90 | ||
GOLD
| Commentary : The judgment day is finally comes. The key event for the day will be FOMC Interest Rate Decision. The gold trades slightly lower on Wednesday and hovers around $1,770 mark. Today pair made intraday high at $1,777 and low $1,766 mark. A day chart and H1 Chart with Triple EMA is showing bearish movement in short run. A sustained close above $1,784 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,768 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 | 1784 | S1 | 1768 |
| R2 | 1787 | S2 | 1762 |
| R3 | 1792 | S3 | 1754 |
| R4 | 1797 | S4 | 1748 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1778 | Sell Below : 1764 | ||
| – Take Profit : 1785 | – Take Profit : 1758 | ||
| – Stop Loss : 1769 | – Stop Loss : 1772 | ||
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