AUD / USD
| Commentary : The Aussie weakens in early Asia as AIG Services Index data misses expectations. The pair made intraday high at $0.7497 and low at $0.7482 mark. A day chart as well as H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $0.7502 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7478 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 | 0.7502 | S1 | 0.7478 |
| R2 | 0.7520 | S2 | 0.7451 |
| R3 | 0.7542 | S3 | 0.7420 |
| R4 | 0.7575 | S4 | 0.7398 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7502 | Sell Below : 0.7475 | ||
| – Take Profit : 0.7525 | – Take Profit : 0.7451 | ||
| – Stop Loss : 0.7475 | – Stop Loss : 0.7497 | ||
EUR / USD
| Commentary : The euro exhibits range bound movement on Wednesday and hovers around $1.1822 mark. Today pair made intraday high at $1.1825 and low at $1.1814. Today triple EMA on a day and H1 chart suggest down trend for the time being. A consistent close above $1.1832 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1810 on H1 chart 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 | 1.1832 | S1 | 1.1797 |
| R2 | 1.1850 | S2 | 1.1768 |
| R3 | 1.1878 | S3 | 1.1740 |
| R4 | 1.1904 | S4 | 1.1710 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1832 | Sell Below : 1.1799 | ||
| – Take Profit : 1.1851 | – Take Profit: 1.1778 | ||
| – Stop Loss : 1.1805 | – Stop Loss : 1.1823 | ||
GBP / USD
| Commentary : The Sterling moves in rigid boundaries and slips below $1.38 mark. The pair made intraday high at $1.3808 and low at $1.3784 mark. A day chart and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1.3810 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3778 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 | 1.3810 | S1 | 1.3778 |
| R2 | 1.3837 | S2 | 1.3750 |
| R3 | 1.3855 | S3 | 1.3732 |
| R4 | 1.3879 | S4 | 1.3705 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3810 | Sell Below : 1.3776 | ||
| – Take Profit : 1.3837 | – Take Profit : 1.3751 | ||
| – Stop Loss : 1.3780 | – Stop Loss : 1.3806 | ||
USD / CAD
| Commentary : The Canadian dollar fell sharply in previous session and currently trading around 1.2470 mark. Today pair made intraday high at 1.2474 and low at 1.2452 mark. Today a day chart and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2485 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2450 on H1 chart will check key supports too. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2494 | S1 | 1.2450 |
| R2 | 1.2522 | S2 | 1.2410 |
| R3 | 1.2540 | S3 | 1.2382 |
| R4 | 1.2578 | S4 | 1.2365 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2485 | Sell Below : 1.2448 | ||
| – Take Profit : 1.2515 | – Take Profit : 1.2422 | ||
| – Stop Loss : 1.2455 | – Stop Loss : 1.2477 | ||
USD / JPY
| Commentary : The Japanese yen strengthens sharply on robust U.S. Economic data and touches 110.39 mark in Asian hours. The pair made intraday high at 110.66 and low at 110.39 mark. The triple EMA on a day chart is up while H1 chart suggests down trend for the time being. A sustained close above 110.72 on H1 chart requires for the upside rally. Alternatively, a consistent close below 110.28 on H1 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 | 110.72 | S1 | 110.28 |
| R2 | 110.90 | S2 | 110.01 |
| R3 | 111.22 | S3 | 109.72 |
| R4 | 111.48 | S4 | 109.50 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 110.7 | Sell Below : 110.27 | ||
| – Take Profit : 110.95 | – Take Profit : 110.00 | ||
| – Stop Loss : 110.38 | – Stop Loss : 110.67 | ||
GOLD
| Commentary : Gold remained highly volatile in previous session and touched $1,815 mark. Today pair made intraday high at $1,803 and low $1,793 mark. A day chart is bearish but H1 chart with triple EMA suggests bullish trend for the time being. A sustained close above $1,804 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,789 will check further supports. Traders eye U.S. FOMC Meeting Minutes for the further guidance. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1804 | S1 | 1789 |
| R2 | 1809 | S2 | 1784 |
| R3 | 1815 | S3 | 1778 |
| R4 | 1821 | S4 | 1772 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1804 | Sell Below : 1789 | ||
| – Take Profit : 1810 | – Take Profit : 1783 | ||
| – Stop Loss : 1796 | – Stop Loss : 1799 | ||
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