AUD / USD
| Commentary : The Aussie remains slightly volatile after RBA’s Monetary Policy Meeting minutes. Today pair made intraday high at $0.7119 and low at $0.7098 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $0.7130 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7092 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 | 0.7130 | S1 | 0.7080 |
| R2 | 0.7155 | S2 | 0.7062 |
| R3 | 0.7172 | S3 | 0.7040 |
| R4 | 0.7199 | S4 | 0.7015 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7130 | Sell Below : 0.7098 | ||
| – Take Profit : 0.7155 | – Take Profit : 0.7071 | ||
| – Stop Loss : 0.7111 | – Stop Loss : 0.7123 | ||
EUR / USD
| Commentary : The Euro recovers from previous losses and hovers around key resistance at $1.1290 mark. The pair made intraday high at $1.1286 and low at $1.1273 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.1299 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1262 on H1 chart will check further supports. Euro German GFK Consumer Climate results and Euro’s Consumer Confidence data are in focus. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.1299 | S1 | 1.1262 |
| R2 | 1.1315 | S2 | 1.1220 |
| R3 | 1.1340 | S3 | 1.1200 |
| R4 | 1.1376 | S4 | 1.1178 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1290 | Sell Below : 1.1261 | ||
| – Take Profit : 1.1315 | – Take Profit : 1.1237 | ||
| – Stop Loss : 1.1268 | – Stop Loss : 1.1286 | ||
GBP / USD
| Commentary : The sterling trades in rigid boundaries on Tuesday and stabilizes above $1.3200 mark. Today pair made intraday high at $1.3214 and low at $1.3197 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.3237 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3200 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 | 1.3237 | S1 | 1.3172 |
| R2 | 1.3250 | S2 | 1.3140 |
| R3 | 1.3276 | S3 | 1.3112 |
| R4 | 1.3290 | S4 | 1.3100 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3221 | Sell Below : 1.3192 | ||
| – Take Profit : 1.3248 | – Take Profit : 1.3161 | ||
| – Stop Loss : 1.3197 | – Stop Loss : 1.3211 | ||
USD / CAD
| Commentary : The CAD depreciated sharply in previous session and touched 1.2963 mark. The pair made intraday high at 1.2947 and low at 1.2913 mark. Today a day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above 1.2942 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2910 on H1 chart will check key supports too. Canada’s Retail Sales data is in focus. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2942 | S1 | 1.2910 |
| R2 | 1.2976 | S2 | 1.2877 |
| R3 | 1.2999 | S3 | 1.2850 |
| R4 | 1.3033 | S4 | 1.2826 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2950 | Sell Below : 1.2912 | ||
| – Take Profit : 1.2977 | – Take Profit : 1.2880 | ||
| – Stop Loss : 1.2928 | – Stop Loss : 1.2942 | ||
USD / JPY
| Commentary : The Japanese yen exhibits range bound movement and consolidates around 113.70 mark. The pair made intraday high at 113.70 and low at 113.55 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 113.81 on H1 chart requires for the upside rally. Alternatively, a consistent close below 113.40 on H1 chart will check further key supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 113.91 | S1 | 113.40 |
| R2 | 114.26 | S2 | 113.22 |
| R3 | 114.58 | S3 | 113.00 |
| R4 | 114.76 | S4 | 112.76 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 113.78 | Sell Below : 113.40 | ||
| – Take Profit : 113.99 | – Take Profit : 113.15 | ||
| – Stop Loss : 113.47 | – Stop Loss : 113.63 | ||
GOLD
| Commentary : The gold fails to find support above $1,800 mark and today hovers around $1,790 mark. Today pair made intraday high at $1,792 and low at $1,789 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1,797 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,788 will check further supports. U.S. will release Current account data at 1330 GMT/1900 IST. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1797 | S1 | 1786 |
| R2 | 1802 | S2 | 1781 |
| R3 | 1809 | S3 | 1776 |
| R4 | 1814 | S4 | 1772 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1794 | Sell Below : 1786 | ||
| – Take Profit : 1799 | – Take Profit : 1780 | ||
| – Stop Loss : 1790 | – Stop Loss : 1792 | ||
Download Report in PDF
We provide every solution to start your own
English
Arabic
Bengali
Chinese
Dutch
French
German
Italian
Portuguese
Russian
Spanish