Commentary : AUD/USD: The Aussie strengthens sharply after job data as it matches with the expectations only. The pair hovers around key resistance at $0.7778 mark, a sustained close above will check key resistances too. Alternatively, a sustained close below $0.7742 will check key supports.
Indicators
H1
Trends
Up Trend
Moving Average (Period=75)
Above MA
RSI (Period=26)
Above RSI LEVEL 50
FIBO Levels
PIVOT
–
R1
0.7778
S1
0.7742
R2
0.7797
S2
0.7660
R3
0.7820
S3
0.7590
R4
0.7854
S4
0.7520
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 0.77603
Sell Below : 0.77603
– Take Profit : 0.77834
– Take Profit : 0.77421
– Stop Loss : 0.77421
– Stop Loss : 0.77834
EUR / USD
Commentary : EUR/USD: The euro rises on Thursday ahead of ECB’s interest rate decision. Here, the EMA and RSI signal the upside trend for the time being. A sustained break below $1.2074 only will take the parity down towards key supports. Alternatively, a successful break above key resistance at $1.2150 will tests key resistances too.
Indicators
H1
Trends
Up Trend
Moving Average (Period=75)
Above MA
RSI (Period=26)
Above RSI LEVEL 50
FIBO Levels
PIVOT
–
R1
1.2150
S1
1.2074
R2
1.2198
S2
1.2022
R3
1.2232
S3
1.1962
R4
1.2265
S4
1.1911
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.21535
Sell Below : 1.21004
– Take Profit : 1.21951
– Take Profit : 1.20730
– Stop Loss : 1.21036
– Stop Loss : 1.21319
GBP / USD
Commentary : GBP/USD: The pound rises gradually against U.S. dollar and touches $1.3688 mark in Asian hours. The pair made intraday high at $1.3688 and low at $1.3645 mark. The key boundaries for the day will be $1.3705 and $1.3632 mark. A sustained close of either side on hourly 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
1.3705
S1
1.3632
R2
1.3720
S2
1.3552
R3
1.3776
S3
1.3490
R4
1.3802
S4
1.3448
BUY
SELL
Buy Above : 1.36992
Sell Below : 1.36472
– Take Profit : 1.37185
– Take Profit : 1.36247
– Stop Loss : 1.36675
– Stop Loss : 1.36797
USD / CAD
Commentary : USD/CAD: The Canadian dollar appreciated extremely after BoC’s interest rate decision. Today pair made intraday high at 1.2637 and low at 1.2611 mark. The technical tools like RSI and EMA both confirm the downside trend for the time being.
Indicators
H1
Trends
Down Trend
Moving Average (Period=75)
Below MA
RSI (Period=26)
Below RSI LEVEL 50
FIBO Levels
PIVOT
–
R1
1.2640
S1
1.2587
R2
1.2695
S2
1.2558
R3
1.2736
S3
1.2500
R4
1.2783
S4
1.2476
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.26597
Sell Below : 1.25970
– Take Profit : 1.27337
– Take Profit : 1.25727
– Stop Loss : 1.26127
– Stop Loss : 1.26329
USD / JPY
Commentary : USD/JPY: The Japanese yen appreciates sharply after BoJ’s interest rate decision and monetary policy statement. A sustained close above 104.22 requires for the upside rally. Technical tool like RSI and EMA indicate downside trend for the time being. Alternatively, a consistent close below 103.28 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
104.22
S1
103.28
R2
104.90
S2
102.90
R3
105.40
S3
102.45
R4
105.94
S4
102.10
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 103.748
Sell Below : 103.330
– Take Profit : 103.976
– Take Profit : 103.054
– Stop Loss : 103.468
– Stop Loss : 103.680
GOLD
Commentary : XAU/USD (GOLD): Gold rose sharply on previous session and touches $1,874 mark on Thursday. The key ranges for the gold will be $1,876 – $1,863 mark. A sustained close of either side will give further direction to the parity
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