Commentary : The Aussie weakens gradually against U.S. dollar and stabilizes below $0.7500 mark. The pair made intraday high at $0.7469 and low at $0.7460 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $0.7471 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7440 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
0.7471
S1
0.7458
R2
0.7490
S2
0.7440
R3
0.7522
S3
0.7427
R4
0.7540
S4
0.7400
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 0.7475
Sell Below : 0.7451
– Take Profit : 0.7498
– Take Profit : 0.7427
– Stop Loss : 0.7455
– Stop Loss : 0.7471
EUR / USD
Commentary : The euro moves in stiff boundaries against U.S. dollar and trading around $1.1840 mark. Today pair made intraday high at $1.1851 and low at $1.1840. Today triple EMA on a day chart and H1 chart is bearish for the time being. A consistent close above $1.1850 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1837 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
1.1850
S1
1.1837
R2
1.1884
S2
1.1822
R3
1.1912
S3
1.1797
R4
1.1947
S4
1.1768
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.1854
Sell Below : 1.1832
– Take Profit : 1.1874
– Take Profit : 1.1812
– Stop Loss : 1.1830
– Stop Loss : 1.1851
GBP / USD
Commentary : The Sterling trades in narrow range against U.S. dollar and trading above $1.3750 mark. The pair made intraday high at $1.3773 and low at $1.3751 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $1.3780 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3750 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
1.3780
S1
1.3738
R2
1.3802
S2
1.3708
R3
1.3827
S3
1.3680
R4
1.3855
S4
1.3656
BUY
SELL
Buy Above : 1.3780
Sell Below : 1.3742
– Take Profit : 1.3799
– Take Profit : 1.3710
– Stop Loss : 1.3748
– Stop Loss : 1.3773
USD / CAD
Commentary : The Canadian dollar trades flat on Friday and hovers around 1.2430 mark. Today pair made intraday high at 1.2444 and low at 1.2429 mark. Today a day chart and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2450 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2410 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
1.2450
S1
1.2410
R2
1.2472
S2
1.2380
R3
1.2497
S3
1.2344
R4
1.2525
S4
1.2320
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.2450
Sell Below : 1.2412
– Take Profit : 1.2477
– Take Profit : 1.2381
– Stop Loss : 1.2418
– Stop Loss : 1.2444
USD / JPY
Commentary: The Japanese yen weakens extremely in early Asia and touches 111.65 mark. The pair made intraday high at 111.65 and low at 111.49 mark. The triple EMA on a day chart and H1 chart suggests up trend for the time being. A sustained close above 111.92 on H1 chart requires for the upside rally. Alternatively, a consistent close below 111.38 on H1 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
111.92
S1
111.22
R2
112.12
S2
110.85
R3
112.50
S3
110.62
R4
112.78
S4
110.27
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 111.72
Sell Below : 111.32
– Take Profit : 111.94
– Take Profit : 111.10
– Stop Loss : 111.42
– Stop Loss : 111.61
GOLD
Commentary :Gold trades slightly higher on Friday ahead of U.S. NFP job results and hovers around $1,780 mark. Today pair made intraday high at $1,779 and low $1,775 mark. A day chart is bearish but H1 chart with triple EMA suggests bullish trend for the time being. A sustained close above $1,784 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,771 will check further supports.
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