AUD / USD
| Commentary : The Aussie recovers slightly from previous losses and stabilizes above $0.7000 mark ahead of RBA’s Policy Rate Decision due tomorrow. Today pair made intraday high at $0.7016 and low at $0.6987 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $0.7026 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6970 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 | 0.7026 | S1 | 0.6970 |
| R2 | 0.7050 | S2 | 0.6948 |
| R3 | 0.7072 | S3 | 0.6915 |
| R4 | 0.7099 | S4 | 0.6900 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7026 | Sell Below : 0.6990 | ||
| – Take Profit : 0.7056 | – Take Profit : 0.6960 | ||
| – Stop Loss : 0.7000 | – Stop Loss : 0.7015 | ||
EUR / USD
| Commentary : The Euro trades marginally higher ahead of Euro’s Flash Prelim GDP results and trading around $1.1150 mark. The pair made intraday high at $1.1162 and low at $1.1138 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1170 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1126 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 | 1.1187 | S1 | 1.1138 |
| R2 | 1.1212 | S2 | 1.1115 |
| R3 | 1.1240 | S3 | 1.1100 |
| R4 | 1.1262 | S4 | 1.1080 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1175 | Sell Below : 1.1140 | ||
| – Take Profit : 1.1205 | – Take Profit : 1.1112 | ||
| – Stop Loss : 1.1150 | – Stop Loss : 1.1165 | ||
GBP / USD
| Commentary : The sterling starts a new week on a positive note and remains well supported above $1.3400 mark. Today pair made intraday high at $1.3414 and low at $1.3385 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1.3430 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3372 will check further supports. U.K.’s Economic Calendar will remain empty for the day. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3430 | S1 | 1.3372 |
| R2 | 1.3465 | S2 | 1.3357 |
| R3 | 1.3490 | S3 | 1.3326 |
| R4 | 1.3521 | S4 | 1.3301 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3430 | Sell Below : 1.3390 | ||
| – Take Profit : 1.3465 | – Take Profit : 1.3365 | ||
| – Stop Loss : 1.3400 | – Stop Loss : 1.3410 | ||
USD / CAD
| Commentary : The CAD strengthens sharply on Monday and touches 1.2730 mark in Asian hours. Pair made intraday high at 1.2776 and low at 1.2731 mark. Today a day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2762 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2712 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 | 1.2762 | S1 | 1.2712 |
| R2 | 1.2799 | S2 | 1.2700 |
| R3 | 1.2815 | S3 | 1.2678 |
| R4 | 1.2840 | S4 | 1.2650 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2750 | Sell Below : 1.2721 | ||
| – Take Profit : 1.2778 | – Take Profit : 1.2685 | ||
| – Stop Loss : 1.2730 | – Stop Loss : 1.2742 | ||
USD / JPY
| Commentary : The Japanese yen depreciates sharply as Industrial Production and Retail Sales data miss the expectations. The pair made intraday high at 115.59 and low at 115.22 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 115.65 on H1 chart requires for the upside rally. Alternatively, a consistent close below 115.15 on H1 chart 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 | 115.65 | S1 | 115.15 |
| R2 | 115.90 | S2 | 114.90 |
| R3 | 116.24 | S3 | 114.65 |
| R4 | 116.46 | S4 | 114.30 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 115.71 | Sell Below : 115.30 | ||
| – Take Profit : 116.04 | – Take Profit : 115.00 | ||
| – Stop Loss : 115.38 | – Stop Loss : 115.55 | ||
GOLD
| Commentary : The gold trades slightly lower on Monday and stabilizes below $1,790 mark. Today pair made intraday high at $1,791 and low at $1,785 mark. A triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above $1,792 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,782 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 | 1792 | S1 | 1780 |
| R2 | 1798 | S2 | 1776 |
| R3 | 1804 | S3 | 1772 |
| R4 | 1809 | S4 | 1767 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1792 | Sell Below : 1784 | ||
| – Take Profit : 1797 | – Take Profit : 1776 | ||
| – Stop Loss : 1787 | – Stop Loss : 1789 | ||
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