Commentary : The Aussie rises gradually against U.S. dollar and remains well supported above $0.7750 mark. The pair made intraday high at $0.7757 and low at $0.7745 mark. A day chart as well as H1 chart with triple EMA confirms the bullish trend for the time being. A sustained close above $0.7772 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7732 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
0.7772
S1
0.7720
R2
0.7799
S2
0.7702
R3
0.7827
S3
0.7680
R4
0.7868
S4
0.7650
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 0.7765
Sell Below : 0.7728
– Take Profit : 0.7797
– Take Profit : 0.7702
– Stop Loss : 0.7740
– Stop Loss : 0.7760
EUR / USD
Commentary :The euro starts a new day on a positive note and hovers around key resistances at $1.2190 mark. Today pair made intraday high at $1.2191 and low at $1.2167. Today triple EMA on a day chart and H1 chart suggests bullish trend for the time being. A consistent close above $1.2198 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2152 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
1.2198
S1
1.2152
R2
1.2224
S2
1.2122
R3
1.2248
S3
1.2100
R4
1.2276
S4
1.2080
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.2198
Sell Below : 1.2163
– Take Profit : 1.2222
– Take Profit : 1.2141
– Stop Loss : 1.2170
– Stop Loss : 1.2191
GBP / USD
Commentary : The Sterling trades marginally higher ahead of key economic indicators from the U.K. and hovers around $1.4180 mark. The pair made intraday high at $1.4179 and low at $1.4157 mark. A day chart and H1 chart with triple EMA suggests bullish trend for the time being. A sustained close above $1.4188 on H1 chart will check key resistances. Alternatively, a consistent close below $1.4150 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
1.4190
S1
1.4150
R2
1.4224
S2
1.4117
R3
1.4248
S3
1.4087
R4
1.4276
S4
1.4065
BUY
SELL
Buy Above : 1.4190
Sell Below : 1.4138
– Take Profit : 1.4227
– Take Profit : 1.4117
– Stop Loss : 1.4156
– Stop Loss : 1.4172
USD / CAD
Commentary :The Canadian dollar rises slightly on Friday and slips back below 1.21 mark. Today pair made intraday high at 1.2098 and low at 1.2085 mark. Today a day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above 1.2105 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2062 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
1.2105
S1
1.2061
R2
1.2121
S2
1.2038
R3
1.2148
S3
1.2000
R4
1.2176
S4
1.1982
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.2105
Sell Below : 1.2073
– Take Profit : 1.2128
– Take Profit : 1.2050
– Stop Loss : 1.2083
– Stop Loss : 1.2100
USD / JPY
Commentary : The Japanese yen trades almost flat on Friday and stabilizes above 109.00 mark. The pair made intraday high at 109.45 and low at 109.30 mark. The triple EMA on a day chart is up but H1 chart suggests bearish trend for the time being. A sustained close above 109.50 on H1 chart requires for the upside rally. Alternatively, a consistent close below 109.20 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
109.50
S1
109.20
R2
109.70
S2
109.00
R3
109.94
S3
108.76
R4
110.32
S4
108.38
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 109.50
Sell Below : 109.20
– Take Profit : 109.72
– Take Profit : 108.94
– Stop Loss : 109.28
– Stop Loss : 109.41
GOLD
Commentary : Gold recovers previous loss against U.S. dollar after CPI, Core CPI data released yesterday with positive numbers but unemployment claims weekly data missed the expectations. Today gold trades slightly up and hovers around $1,900 mark. Today the pair made intraday high at $1,901 and low $1,897 mark. A day chart and H1 chart with triple EMA confirms bullish trend for the time being. A sustained close above $1,904 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,892 will check further supports.
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