Commentary : The Aussie weakens on Thursday despite higher than expected employment change data. The pair made intraday high at $0.7487 and low at $0.7455 mark. A day chart is down but H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7490 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
0.7470
S1
0.7427
R2
0.7490
S2
0.7401
R3
0.7510
S3
0.7372
R4
0.7540
S4
0.7348
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 0.7485
Sell Below : 0.7426
– Take Profit : 0.7520
– Take Profit : 0.7402
– Stop Loss : 0.7454
– Stop Loss : 0.7467
EUR / USD
Commentary : The starts a new day on a lower note and currently hovers around $1.1820 mark. Today pair made intraday high at $1.1838 and low at $1.1821. Today triple EMA on a day chart is down while H1 chart suggest up trend for the time being. A consistent close above $1.1835 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1802 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
1.1835
S1
1.1802
R2
1.1850
S2
1.1770
R3
1.1878
S3
1.1754
R4
1.1904
S4
1.1737
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.1840
Sell Below : 1.1810
– Take Profit : 1.1862
– Take Profit : 1.1782
– Stop Loss : 1.1815
– Stop Loss : 1.1831
GBP / USD
Commentary : The Sterling weakens on Thursday ahead of U.K.’s job data and stabilizes above $1.3800 mark. The pair made intraday high at $1.3863 and low at $1.3821 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $1.3860 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3801 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
1.3860
S1
1.3801
R2
1.3887
S2
1.3780
R3
1.3920
S3
1.3765
R4
1.3920
S4
1.3738
BUY
SELL
Buy Above : 1.3850
Sell Below : 1.3800
– Take Profit : 1.3874
– Take Profit : 1.3770
– Stop Loss : 1.3821
– Stop Loss : 1.3839
USD / CAD
Commentary : The Canadian dollar remained highly volatile in previous session as BOC left interest rate unchanged. Today pair made intraday high at 1.2548 and low at 1.2501 mark. Today a day chart and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2565 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2500 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
1.2565
S1
1.2500
R2
1.2578
S2
1.2478
R3
1.2599
S3
1.2440
R4
1.2622
S4
1.2422
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.2565
Sell Below : 1.2521
– Take Profit : 1.2591
– Take Profit : 1.2490
– Stop Loss : 1.2530
– Stop Loss : 1.2550
USD / JPY
Commentary : The Japanese yen trades slightly higher on Thursday and slips back below 110.00 mark. The pair made intraday high at 110.02 and low at 109.81 mark. The triple EMA on a day chart is up while H1 chart suggests down trend for the time being. A sustained close above 110.22 on H1 chart requires for the upside rally. Alternatively, a consistent close below 109.70 on H1 will check further key supports.
Indicators
H1
Trends
Down Trend
Moving Average (Period=75)
Above MA
RSI (Period=26)
Above RSI LEVEL 50
FIBO Levels
PIVOT
–
R1
110.22
S1
109.70
R2
110.50
S2
109.52
R3
110.70
S3
109.18
R4
110.94
S4
108.85
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 110.11
Sell Below : 109.7
– Take Profit : 110.32
– Take Profit : 109.50
– Stop Loss : 109.78
– Stop Loss : 110.02
GOLD
Commentary : Gold spiked up sharply in previous session and touched $1,829 mark. Today pair made intraday high at $1,829 and low $1,823 mark. A day chart is bearish but H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1,828 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,817 will check further supports. U.S. economic calendar is empty for the day.
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