Commentary : The Aussie falls gradually and hovers around $0.7350 mark. It made intraday high at $0.7372 and low at $0.7347 mark. Aday chart and H1 chart with triple EMAsuggests bearish trend for the time being. A sustained close above $0.7372 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7338 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
0.7372
S1
0.7338
R2
0.7409
S2
0.7320
R3
0.7442
S3
0.7290
R4
0.7470
S4
0.7262
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 0.7370
Sell Below : 0.7332
– Take Profit : 0.7394
– Take Profit : 0.7306
– Stop Loss : 0.7338
– Stop Loss : 0.7365
EUR / USD
Commentary : The Euro moves in stiff boundaries on Monday ahead of German IFO Business Climate data. Today pair made intraday high at $1.1775 and low at $1.1763. Today triple EMA on a day chart and H1 chart suggest down trend for the time being. A consistent close above $1.1780 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1752 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
1.1780
S1
1.1752
R2
1.1815
S2
1.1737
R3
1.1840
S3
1.1700
R4
1.1876
S4
1.1680
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.1785
Sell Below : 1.1762
– Take Profit : 1.1810
– Take Profit : 1.1740
– Stop Loss : 1.1760
– Stop Loss : 1.1781
GBP / USD
Commentary : The Sterling trades flat on Monday and consolidates around $1.3750 mark. Today pair made intraday high at $1.3764 and low at $1.3740 mark. A day chart is down but H1 chart with triple EMAsuggests bullish trend for the time being. Asustained close above $1.3770 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3730 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
1.3770
S1
1.3721
R2
1.3790
S2
1.3700
R3
1.3824
S3
1.3680
R4
1.3850
S4
1.3655
BUY
SELL
Buy Above : 1.3772
Sell Below : 1.3730
– Take Profit : 1.3797
– Take Profit : 1.3705
– Stop Loss : 1.3740
– Stop Loss : 1.3766
USD / CAD
Commentary : The Canadian dollar exhibits range bound movement and remains well supported above 1.2550 mark. Today pair made intraday high at 1.2587 and low at 1.2557 mark. Today a day chart is up but H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above 1.2590 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
1.2590
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 : 1.2591
Sell Below : 1.2556
– Take Profit : 1.2627
– Take Profit : 1.2520
– Stop Loss : 1.2561
– Stop Loss : 1.2578
USD / JPY
Commentary : The Japanese yen trades slightly higher on Monday and stabilizes above 110.00 mark. The pair made intraday high at 110.58 and low at 110.32 mark. The triple EMAon a day chart and H1 chart suggests bullish trend for the time being. A sustained close above 110.55 on H1 chart requires for the upside rally. Alternatively, a consistent close below 110.22 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
110.76
S1
110.22
R2
111.04
S2
109.89
R3
111.37
S3
109.62
R4
111.62
S4
109.38
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 110.60
Sell Below : 110.21
– Take Profit : 110.86
– Take Profit : 109.98
– Stop Loss : 110.27
– Stop Loss : 110.55
GOLD
Commentary : Gold starts a new week on a positive note and stabilizes above $1,800 mark. Today pair made intraday high at $1,807 and low $1,798 mark. A day chart and H1 chart with triple EMAsuggests bearish trend for the time being. Asustained close above $1,809 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,799 will check further supports.
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