Commentary : The Aussie recovers gradually against U.S. dollar after Flash Manufacturing and Services PMI data and hovers around $0.74 mark. It made intraday high at $0.7399 and low at $0.7359 mark. A day chart is down while H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7409 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7359 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
0.7409
S1
0.7350
R2
0.7442
S2
0.7320
R3
0.7470
S3
0.7290
R4
0.7490
S4
0.7262
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 0.7400
Sell Below : 0.7357
– Take Profit : 0.7432
– Take Profit : 0.7320
– Stop Loss : 0.7370
– Stop Loss : 0.7388
EUR / USD
Commentary : The Euro remained highly volatile after ECB’s Interest Rate Decision and ended the day with lower note. Today pair made intraday high at $1.1780 and low at $1.1761. Today triple EMAon a day chart and H1 chart suggest bearish trend for the time being. Aconsistent close above $1.1815 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1760 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
1.1815
S1
1.1760
R2
1.1840
S2
1.1737
R3
1.1876
S3
1.1700
R4
1.1902
S4
1.1680
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.1792
Sell Below : 1.1756
– Take Profit : 1.1815
– Take Profit : 1.1733
– Stop Loss : 1.1761
– Stop Loss : 1.1780
GBP / USD
Commentary : The Sterling appreciates noticeably and remains well supported above $1.3750 mark. Today pair made intraday high at $1.3780 and low at $1.3750 mark. Aday chart is down and H1 chart with triple EMAsuggests bullish trend for the time being. Asustained close above $1.3790 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3740 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
1.3790
S1
1.3740
R2
1.3824
S2
1.3721
R3
1.3850
S3
1.3700
R4
1.3878
S4
1.3680
BUY
SELL
Buy Above : 1.3780
Sell Below : 1.3742
– Take Profit : 1.3807
– Take Profit : 1.3715
– Stop Loss : 1.3751
– Stop Loss : 1.3771
USD / CAD
Commentary : The Canadian dollar starts a new day on a lower note and trading around 1.2570 mark. Today pair made intraday high at 1.2571 and low at 1.2552 mark. Today a day chart is up but H1 chart with triple EMAsuggests bearish trend for the time being. Asustained close above 1.2585 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2540 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
1.2585
S1
1.2540
R2
1.2622
S2
1.2490
R3
1.2638
S3
1.2472
R4
1.2672
S4
1.2455
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.2587
Sell Below : 1.2550
– Take Profit : 1.2622
– Take Profit : 1.2524
– Stop Loss : 1.2552
– Stop Loss : 1.2578
USD / JPY
Commentary : The Japanese yen trades marginally lower on Friday and hovers around 110.22 mark. The pair made intraday high at 110.28 and low at 110.07 mark. The triple EMAon a day chart and H1 chart suggests bullish trend for the time being. Asustained close above 110.32 on H1 chart requires for the upside rally. Alternatively, a consistent close below 109.82 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
110.32
S1
109.70
R2
110.50
S2
109.42
R3
110.76
S3
109.10
R4
111.04
S4
108.78
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 110.40
Sell Below : 109.99
– Take Profit : 110.68
– Take Profit : 109.71
– Stop Loss : 110.10
– Stop Loss : 110.30
GOLD
Commentary : Gold weakens sharply on Friday ahead of Flash Manufacturing PMI data. Today pair made intraday high at $1,808 and low $1,802 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. Asustained close above $1,809 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,792 will check further supports.
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