AUD / USD
| Commentary : The Aussie remains volatile on Wednesday after Westpac Consumer Sentiment data came up with the negative numbers and comments from RBA Assistant Gov Kent. The pair made intraday high at $0.7744 and low at $0.7732 mark. A day chart and H1 chart with triple EMA confirm bullish trend for the time being but likely to give crossover for the bearish trend. Have to wait for few hours to see the trend of the parity. A sustained close above $0.7750 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7720 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 | 0.7750 | S1 | 0.7720 |
| R2 | 0.7772 | S2 | 0.7702 |
| R3 | 0.7799 | S3 | 0.7680 |
| R4 | 0.7827 | S4 | 0.7650 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7755 | Sell Below : 0.7720 | ||
| – Take Profit : 0.7782 | – Take Profit : 0.7692 | ||
| – Stop Loss : 0.7730 | – Stop Loss : 0.7748 | ||
EUR / USD
| Commentary : The euro moves in rigid boundaries and consolidates around $1.2190 mark. Today pair made intraday high at $1.2185 and low at $1.2171. Today triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A consistent close above $1.2199 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2170 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 | 1.2199 | S1 | 1.2170 |
| R2 | 1.2222 | S2 | 1.2150 |
| R3 | 1.2248 | S3 | 1.2122 |
| R4 | 1.2272 | S4 | 1.2080 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2191 | Sell Below : 1.2158 | ||
| – Take Profit : 1.2218 | – Take Profit : 1.2137 | ||
| – Stop Loss : 1.2167 | – Stop Loss : 1.2185 | ||
GBP / USD
| Commentary : The Sterling exhibits range bound movement and consolidates around $1.4150 mark. The pair made intraday high at $1.4168 and low at $1.4141 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $1.4173 on H1 chart will check key resistances. Alternatively, a consistent close below $1.4138 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 | 1.4173 | S1 | 1.4138 |
| R2 | 1.4190 | S2 | 1.4110 |
| R3 | 1.4224 | S3 | 1.4078 |
| R4 | 1.4248 | S4 | 1.4040 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.4173 | Sell Below : 1.4127 | ||
| – Take Profit : 1.4198 | – Take Profit : 1.4094 | ||
| – Stop Loss : 1.4151 | – Stop Loss : 1.4165 | ||
USD / CAD
| Commentary : | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2121 | S1 | 1.2090 |
| R2 | 1.2148 | S2 | 1.2070 |
| R3 | 1.2176 | S3 | 1.2038 |
| R4 | 1.2222 | S4 | 1.2000 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2118 | Sell Below : 1.2090 | ||
| – Take Profit : 1.2142 | – Take Profit : 1.2068 | ||
| – Stop Loss : 1.2101 | – Stop Loss : 1.21111 | ||
USD / JPY
| Commentary : The Japanese yen trades almost flat on Wednesday and stabilizes around 109.50 mark. The pair made intraday high at 109.51 and low at 109.40 mark. The triple EMA on a day chart is up but H1 chart suggests bearish trend for the time being. A sustained close above 109.61 on H1 chart requires for the upside rally. Alternatively, a consistent close below 109.30 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 | 109.61 | S1 | 109.30 |
| R2 | 109.85 | S2 | 108.99 |
| R3 | 110.32 | S3 | 108.76 |
| R4 | 110.78 | S4 | 108.38 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 109.52 | Sell Below : 109.18 | ||
| – Take Profit : 109.76 | – Take Profit : 108.95 | ||
| – Stop Loss : 109.28 | – Stop Loss : 109.48 | ||
GOLD
| Commentary : Gold trades almost flat on Wednesday and stabilizes above $1,890 mark. Today U.S. Calendar is empty too. The pair made intraday high at $1,896 and low $1,891 mark. A day chart and H1 chart with triple EMA confirms bullish trend for the time being. A sustained close above $1,897 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,887 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 | 1904 | S1 | 1887 |
| R2 | 1909 | S2 | 1881 |
| R3 | 1916 | S3 | 1874 |
| R4 | 1922 | S4 | 1868 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1897 | Sell Below : 1890 | ||
| – Take Profit : 1904 | – Take Profit : 1884 | ||
| – Stop Loss : 1890 | – Stop Loss : 1896 | ||
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