AUD / USD
| Commentary : The Aussie strengthens on Wednesday and hits fresh 7 – day high at $0.7217 mark. Today pair made intraday high at $0.7217 and low at $0.7204 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7223 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7190 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 | 0.7223 | S1 | 0.7190 |
| R2 | 0.7250 | S2 | 0.7172 |
| R3 | 0.7272 | S3 | 0.7155 |
| R4 | 0.7299 | S4 | 0.7115 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7225 | Sell Below : 0.7199 | ||
| – Take Profit : 0.7250 | – Take Profit : 0.7178 | ||
| – Stop Loss : 0.7202 | – Stop Loss : 0.7218 | ||
EUR / USD
| Commentary : The Euro trades marginally higher on Wednesday and stabilizes above $1.1370 mark. The pair made intraday high at $1.1375 and low at $1.1361 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.1387 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1360 on H1 chart 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 | 1.1387 | S1 | 1.1360 |
| R2 | 1.1410 | S2 | 1.1315 |
| R3 | 1.1438 | S3 | 1.1290 |
| R4 | 1.1456 | S4 | 1.1265 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1386 | Sell Below : 1.1355 | ||
| – Take Profit : 1.1420 | – Take Profit : 1.1324 | ||
| – Stop Loss : 1.1361 | – Stop Loss : 1.1376 | ||
GBP / USD
| Commentary : The sterling trades in narrow range and hovers around $1.3650 mark. U.K.’s Economic Calendar is light for the day. Today pair made intraday high at $1.3645 and low at $1.3626 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $1.3650 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3615 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 | 1.3650 | S1 | 1.3615 |
| R2 | 1.3672 | S2 | 1.3589 |
| R3 | 1.3699 | S3 | 1.3574 |
| R4 | 1.3715 | S4 | 1.3555 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3650 | Sell Below : 1.3615 | ||
| – Take Profit : 1.3676 | – Take Profit : 1.3581 | ||
| – Stop Loss : 1.3622 | – Stop Loss : 1.3638 | ||
USD / CAD
| Commentary : The CAD appreciates noticeably and hits highest level since Nov 17, 2021 mark. Pair made intraday high at 1.2579 to 1.2551 mark. Today a day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above 1.2590 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2540 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 | 1.2590 | S1 | 1.2540 |
| R2 | 1.2612 | S2 | 1.2512 |
| R3 | 1.2640 | S3 | 1.2480 |
| R4 | 1.2665 | S4 | 1.2465 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2570 | Sell Below : 1.2536 | ||
| – Take Profit : 1.2599 | – Take Profit : 1.2510 | ||
| – Stop Loss : 1.2552 | – Stop Loss : 1.2556 | ||
USD / JPY
| Commentary : The Japanese yen remains almost unchanged after bank lending and current account data and trading around 115.30 mark. The pair made intraday high at 115.39 and low at 115.23 mark. The triple EMA on a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above 115.40 on H1 chart requires for the upside rally. Alternatively, a consistent close below 115.22 on H1 chart 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 | 115.47 | S1 | 115.22 |
| R2 | 115.75 | S2 | 114.90 |
| R3 | 116.00 | S3 | 114.62 |
| R4 | 116.30 | S4 | 114.30 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 115.40 | Sell Below : 115.02 | ||
| – Take Profit : 115.62 | – Take Profit : 114.76 | ||
| – Stop Loss : 115.20 | – Stop Loss : 115.20 | ||
GOLD
| Commentary : The Gold rose sharply in previous session after Fed Chair Powell’s comment during Testimony and touched $1,823 mark. Today pair made intraday high at $1,822 and low at $1,817 mark. A triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above $1,823 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,712 will check further supports. U.S. calendar is empty for the day. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1827 | S1 | 1811 |
| R2 | 1832 | S2 | 1806 |
| R3 | 1838 | S3 | 1800 |
| R4 | 1844 | S4 | 1794 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1823 | Sell Below : 1815 | ||
| – Take Profit : 1830 | – Take Profit : 1809 | ||
| – Stop Loss : 1818 | – Stop Loss : 1819 | ||
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