Commentary : The Aussie weakens sharply against U.S. dollar and remains well supported below $0.7400 mark. The pair made intraday high at $0.7399 and low at $0.7367 mark. A day chart and H1 chart with triple EMAsuggests down trend for the time being. Asustained close above $0.7420 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7370 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
0.7420
S1
0.7348
R2
0.7450
S2
0.7321
R3
0.7470
S3
0.7300
R4
0.7490
S4
0.7271
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 0.7402
Sell Below : 0.7364
– Take Profit : 0.7427
– Take Profit : 0.7332
– Stop Loss : 0.7370
– Stop Loss : 0.7396
EUR / USD
Commentary : The Euro trades almost flat on Monday and stabilizes around $1.1800 mark. Today pair made intraday high at $1.1813 and low at $1.1797. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1825 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1790 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
1.1825
S1
1.1790
R2
1.1878
S2
1.1770
R3
1.1899
S3
1.1754
R4
1.1927
S4
1.1737
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.1815
Sell Below : 1.1787
– Take Profit : 1.1838
– Take Profit : 1.1761
– Stop Loss : 1.1795
– Stop Loss : 1.1811
GBP / USD
Commentary : The Sterling remained slightly volatile on Monday and hovers around $1.3750 mark. Today pair made intraday high at $1.3755 and low at $1.3747 mark. A day chart and H1 chart with triple EMAsuggests bearish trend for the time being. Asustained close above $1.3798 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
1.3798
S1
1.3750
R2
1.3822
S2
1.3738
R3
1.3847
S3
1.3721
R4
1.3876
S4
1.3700
BUY
SELL
Buy Above : 1.3776
Sell Below : 1.3740
– Take Profit : 1.3800
– Take Profit : 1.3710
– Stop Loss : 1.3752
– Stop Loss : 1.3765
USD / CAD
Commentary : The Canadian dollar falls drastically on Monday and stabilizes above 1.26 mark. Today pair made intraday high at 1.2641 and low at 1.2613 mark. Today a day chart and H1 chart with triple EMA suggests bullish trend for the time being. A sustained close above 1.2648 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2600 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
1.2648
S1
1.2600
R2
1.2672
S2
1.2555
R3
1.2697
S3
1.2520
R4
1.2717
S4
1.2478
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.2651
Sell Below : 1.2613
– Take Profit : 1.2678
– Take Profit : 1.2571
– Stop Loss : 1.2620
– Stop Loss : 1.2639
USD / JPY
Commentary : The Japanese yen trades marginally higher on Monday and hovers around 110.00 mark. Japan’s economic calendar is empty for the day. The pair made intraday high at 110.10 and low at 109.82 mark. The triple EMAon a day chart is up but H1 chart suggests down trend for the time being. A sustained close above 110.32 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 : 110.20
Sell Below : 109.77
– Take Profit : 110.42
– Take Profit : 109.53
– Stop Loss : 109.88
– Stop Loss : 110.08
GOLD
Commentary : Gold enjoyed roller coaster movement in previous session and touched $1,834 mark as U.S. released all the key economic results with negative numbers. Today pair made intraday high at $1,832 and low $1,825 mark. A day chart is bearish but H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1,832 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,820 will check further supports. U.S. economic calendar is empty for the day.
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