AUD / USD
| Commentary : The Aussie depreciates noticeably after Australia’s employment change data released with flat numbers only. Important to note here that Australia’s unemployment rate falls sharply, which is positive indication for the AUD. A Day chart still confirms the uptrend in long run but triple EMA on H1 chart suggesting down trend for the time being. A sustained close above $0.7761 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7735 will test 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 | 0.7767 | S1 | 0.7735 |
| R2 | 0.7820 | S2 | 0.7690 |
| R3 | 0.7878 | S3 | 0.7638 |
| R4 | 0.7940 | S4 | 0.7594 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.77740 | Sell Below : 0.77340 | ||
| – Take Profit : 0.77972 | – Take Profit : 0.77145 | ||
| – Stop Loss : 0.77519 | – Stop Loss : 0.77573 | ||
EUR / USD
| Commentary : The euro trades flat on Thursday and stabilizes below $1.2050 mark. On H1 and a Day chart, triple EMA confirms the bearish trend for the time being. The expected range for the parity will be $1.2048 to $1.2020 mark. A consistent close of either side on a H1 chart will provide further directions 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 | 1.2048 | S1 | 1.2020 |
| R2 | 1.2120 | S2 | 1.1961 |
| R3 | 1.2170 | S3 | 1.1900 |
| R4 | 1.2205 | S4 | 1.1852 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.20701 | Sell Below : 1.20248 | ||
| – Take Profit : 1.20898 | – Take Profit : 1.20042 | ||
| – Stop Loss : 1.20480 | – Stop Loss : 1.20525 | ||
GBP / USD
| Commentary : The pound erases previous gain against U.S. dollar and currently hovers around $1.3850 mark. The pair made intraday high at $1.3877 and low at $1.3846 mark. On H1 chart, triple EMA confirms the bearish trend but on a Day chart, trend is likely to be up only. A sustained close above $1.3870 on H1 chart requires for the upside rally. Alternatively, current downside trend will drag the parity back below $1.3800 mark. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3870 | S1 | 1.3845 |
| R2 | 1.3902 | S2 | 1.3800 |
| R3 | 1.3951 | S3 | 1.3767 |
| R4 | 1.4002 | S4 | 1.3738 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.38869 | Sell Below : 1.38159 | ||
| – Take Profit : 1.39283 | – Take Profit : 1.37789 | ||
| – Stop Loss : 1.38403 | – Stop Loss : 1.38615 | ||
USD / CAD
| Commentary : The Canadian dollar exhibits range bound movement and consolidates around 1.2700 mark. A day chart confirms the bearish trend in long run but H1 chart suggest uptrend for the time being. A sustained close below 1.2690 on a H1 requires for the downside rally. Alternatively, reversal from here will drag the parity back above 1.2730 mark. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2730 | S1 | 1.2690 |
| R2 | 1.2784 | S2 | 1.2677 |
| R3 | 1.2816 | S3 | 1.2630 |
| R4 | 1.2839 | S4 | 1.2588 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.27334 | Sell Below : 1.26837 | ||
| – Take Profit : 1.27593 | – Take Profit : 1.26578 | ||
| – Stop Loss : 1.27045 | – Stop Loss : 1.27108 | ||
USD / JPY
| Commentary : The Japanese yen remains slightly volatile against U.S. dollar and stabilizes below 106.00 mark. Triple EMA has confirmed bullish trend on a Day as well as H1 chart. A sustained close above 106.03 on H1 chart requires for the upside rally. The key boundaries for the parity will be 106.38 to 105.70 mark. A sustained break and 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 | 106.03 | S1 | 105.70 |
| R2 | 106.38 | S2 | 105.22 |
| R3 | 106.78 | S3 | 104.80 |
| R4 | 107.23 | S4 | 104.55 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 106.019 | Sell Below : 105.631 | ||
| – Take Profit : 106.247 | – Take Profit : 105.372 | ||
| – Stop Loss : 105.789 | – Stop Loss : 105.837 | ||
GOLD
| Commentary : Gold weakens drastically in previous session and touched $1,769 mark. Today, pair recovers slightly and manages to find support around $1,780 mark. The pair made intraday high at $1,785 and low at $1,775 mark. The Day and H1 charts suggest the bearish trend for the time being. The expected range for the parity will be $1,794 to $1,772 mark. A sustained close of either side on H1 chart 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 | 1802 | S1 | 1772 |
| R2 | 1808 | S2 | 1764 |
| R3 | 1817 | S3 | 1758 |
| R4 | 1828 | S4 | 1748 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1790.93 | Sell Below : 1777.31 | ||
| – Take Profit : 1799.14 | – Take Profit : 1769.10 | ||
| – Stop Loss : 1782.84 | – Stop Loss : 1785.17 | ||
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