AUD / USD
| Commentary : The Aussie recovers sharply from previous losses and stabilizes well above $0.7650 mark. For the intraday trading purpose, both RSI and triple EMA confirm the bullish trend. The pair made intraday high at $0.7681 and low at $0.7666 mark. A sustained close above $0.7676 on a Day will check key resistances. Alternatively, reversal will test key supports too. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 0.7684 | S1 | 0.7590 |
| R2 | 0.7700 | S2 | 0.7532 |
| R3 | 0.7743 | S3 | 0.7520 |
| R4 | 0.7799 | S4 | 0.7500 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.76915 | Sell Below : 0.76475 | ||
| – Take Profit : 0.77176 | – Take Profit : 0.76227 | ||
| – Stop Loss : 0.76634 | – Stop Loss : 0.76782 | ||
EUR / USD
| Commentary : The euro starts a new week on a flat note and hovers around $1.2040 mark. Today German industrial production results may give further direction to the parity. On H1 chart, pair confirms the uptrend while on a Day chart, the parity suggest the bearish trend. A sustained close above $1.2050 on a day chart will check further resistances. Alternatively, a slip below $1.2020 will drag the parity back below $1.19 mark. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2054 | S1 | 1.2020 |
| R2 | 1.2087 | S2 | 1.1957 |
| R3 | 1.2122 | S3 | 1.1922 |
| R4 | 1.2170 | S4 | 1.1900 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.20702 | Sell Below : 1.20006 | ||
| – Take Profit : 1.21100 | – Take Profit : 1.19656 | ||
| – Stop Loss : 1.20269 | – Stop Loss : 1.20384 | ||
GBP / USD
| Commentary : The pound remains very strong against U.S. dollar and consolidates around $1.3730 mark. On the top side, key hurdle is observed at $1.3758 mark. A break above will check key resistances. Alternatively, reversal from it will test key supports at $1.3640 mark. The key boundaries for the parity will be $1.3758 to $1.3701 mark. A successful close of either side on a Day Chart will provide further direction to the parity. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3758 | S1 | 1.3700 |
| R2 | 1.3802 | S2 | 1.3637 |
| R3 | 1.3838 | S3 | 1.3590 |
| R4 | 1.3876 | S4 | 1.3520 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.37504 | Sell Below : 1.36984 | ||
| – Take Profit : 1.37852 | – Take Profit : 1.36648 | ||
| – Stop Loss : 1.37139 | – Stop Loss : 1.37355 | ||
USD / CAD
| Commentary : The Canadian dollar exhibits range bound movement and moves in between key hurdles from 1.2850 to 1.2630 mark. Triple EMA and RSI support the bearish trend on a Day Chart and H1 chart too. 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 | 1.2784 | S1 | 1.2735 |
| R2 | 1.2850 | S2 | 1.2690 |
| R3 | 1.2902 | S3 | 1.2630 |
| R4 | 1.2934 | S4 | 1.2600 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.27891 | Sell Below : 1.27386 | ||
| – Take Profit : 1.28210 | – Take Profit : 1.27119 | ||
| – Stop Loss : 1.27537 | – Stop Loss : 1.27686 | ||
USD / JPY
| Commentary : The Japanese yen depreciates after mixed economic data. Here the triple EMA as well as RSI confirm the uptrend for the time being. A sustained close above 105.50 on a Day Chart requires for the upside rally. Alternatively, a fall below 105.10 will check key supports too. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 105.94 | S1 | 104.90 |
| R2 | 106.26 | S2 | 104.22 |
| R3 | 106.50 | S3 | 103.60 |
| R4 | 106.88 | S4 | 102.92 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 105.592 | Sell Below : 105.311 | ||
| – Take Profit : 105.801 | – Take Profit : 105.072 | ||
| – Stop Loss : 105.300 | – Stop Loss : 105.572 | ||
GOLD
| Commentary : Gold remains volatile in Asian hours and jumps back above $1,800 mark. The pair made intraday high at $1,818 and low at $1,808 mark. Today no key fundamental are scheduled from the U.S. but as observed earlier, in the absence of key indicators from the U.S., gold might face extreme volatility during the U.S. session. On a Day Chart, triple EMA signals the bearish trend, while on H1 chart, gold moves in stiff boundaries suggesting sideways movement for the time being. A consistent close above $1,818 on H1 chart may bring some upside rally. Alternatively, a sustained close below $1,802 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 | 1818 | S1 | 1802 |
| R2 | 1822 | S2 | 1792 |
| R3 | 1827 | S3 | 1785 |
| R4 | 1840 | S4 | 1764 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1815.75 | Sell Below : 1805.81 | ||
| – Take Profit : 1824.36 | – Take Profit : 1798.52 | ||
| – Stop Loss : 1808.35 | – Stop Loss : 1813.14 | ||
Download Report in PDF
We provide every solution to start your own
English
Arabic
Bengali
Chinese
Dutch
French
German
Italian
Portuguese
Russian
Spanish