AUD / USD
| Commentary : The Aussie rises gradually against U.S. dollar and fails to find support below $0.76 mark. On a day chart, triple EMA still confirms the uptrend only. The pair made intraday high at $0.7647 and low at $0.7614 mark. A sustained close above $0.7640 will check key resistances. Alternatively, reversal from hey resistance will drag the parity back below $0.7570 mark. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 0.7640 | S1 | 0.7602 |
| R2 | 0.7712 | S2 | 0.7590 |
| R3 | 0.7776 | S3 | 0.7520 |
| R4 | 0.7854 | S4 | 0.7500 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.76534 | Sell Below : 0.75995 | ||
| – Take Profit : 0.76874 | – Take Profit : 0.75672 | ||
| – Stop Loss : 0.76165 | – Stop Loss : 0.76455 | ||
EUR / USD
| Commentary : The euro depreciates on Thursday and trading around $1.2020 mark. Here the RSI and triple EMA confirm the bearish trend. A sustained close below $1.2001 on a Day Chart will check key supports and reversal from it will drag the parity back above $1.2060 mark. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2060 | S1 | 1.2001 |
| R2 | 1.2087 | S2 | 1.1962 |
| R3 | 1.2122 | S3 | 1.1922 |
| R4 | 1.2162 | S4 | 1.1900 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.20468 | Sell Below : 1.20013 | ||
| – Take Profit : 1.20730 | – Take Profit : 1.19775 | ||
| – Stop Loss : 1.20174 | – Stop Loss : 1.20258 | ||
GBP / USD
| Commentary : The pound falls extremely ahead of U.K.’s interest rate decision. On a H1 chart, both RSI and triple EMA confirms the bearish trend but on a Day Chart triple EMA still suggests bullish trend in a long run. The key boundaries for the parity will be $1.3565 to $1.3665 mark. A successful close of either side will provide further direction to the parity. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3682 | S1 | 1.3584 |
| R2 | 1.3740 | S2 | 1.3565 |
| R3 | 1.3762 | S3 | 1.3520 |
| R4 | 1.3802 | S4 | 1.3490 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.36571 | Sell Below : 1.35939 | ||
| – Take Profit : 1.36821 | – Take Profit : 1.35635 | ||
| – Stop Loss : 1.36281 | – Stop Loss : 1.36217 | ||
USD / CAD
| Commentary : The Canadian dollar trades marginally lower on Thursday and hovers around 1.28 mark. On a day chart and H1 chart, triple EMA and RSI support the bearish trend. The key range for the day will be 1.2840 and 1.2775 mark. A sustained close of either side will only provide further direction 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 | 1.2805 | S1 | 1.2775 |
| R2 | 1.2840 | S2 | 1.2735 |
| R3 | 1.2882 | S3 | 1.2690 |
| R4 | 1.2902 | S4 | 1.2647 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.28189 | Sell Below : 1.27771 | ||
| – Take Profit : 1.28453 | – Take Profit : 1.27550 | ||
| – Stop Loss : 1.27854 | – Stop Loss : 1.28043 | ||
USD / JPY
| Commentary : The Japanese yen weakens drastically and remains well supported above 105.00 mark. Here the triple EMA as well as RSI confirm the uptrend for the time being. On the top side, key resistance is seen at 105.42 mark. A sustained close above on a Day Chart requires for the upside rally. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 105.42 | S1 | 104.90 |
| R2 | 105.94 | S2 | 104.22 |
| R3 | 106.26 | S3 | 103.60 |
| R4 | 106.50 | S4 | 102.92 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 105.259 | Sell Below : 104.973 | ||
| – Take Profit : 105.403 | – Take Profit : 104.820 | ||
| – Stop Loss : 105.106 | – Stop Loss : 105.151 | ||
GOLD
| Commentary : Gold falls extremely and breaks key hurdle at $1,820 mark. On a Day Chart, both RSI and EMA signal the bearish trend. A consistent close above $1,832 on H1 chart may bring some upside rally. Alternatively, a sustained close below $1,820 will check further key hurdles. Today U.S. will release Factory Orders data. It will bring market volatility and provides further direction to the parity. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1832 | S1 | 1817 |
| R2 | 1840 | S2 | 1812 |
| R3 | 1847 | S3 | 1808 |
| R4 | 1854 | S4 | 1798 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1826.58 | Sell Below : 1818.19 | ||
| – Take Profit : 1831.55 | – Take Profit : 1813.37 | ||
| – Stop Loss : 1821.81 | – Stop Loss : 1824.78 | ||
Download Report in PDF
We provide every solution to start your own
English
Arabic
Bengali
Chinese
Dutch
French
German
Italian
Portuguese
Russian
Spanish