AUD / USD
| Commentary: The Aussie weakens immediately after RBA’s Monetary Policy Meeting Minutes and slips back below $0.77 mark. The pair made intraday high at $0.7716 and low at $0.7695 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $0.7722 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7680 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 | 0.7722 | S1 | 0.7680 |
| R2 | 0.7740 | S2 | 0.7650 |
| R3 | 0.7778 | S3 | 0.7622 |
| R4 | 0.7803 | S4 | 0.7590 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7722 | Sell Below : 0.7680 | ||
| – Take Profit : 0.7750 | – Take Profit : 0.765 | ||
| – Stop Loss : 0.7690 | – Stop Loss : 0.7716 | ||
EUR / USD
| Commentary : The euro rises gradually on Tuesday and breaks key support at $1.2120 mark ahead of Euro’s Trade Balance results. Today pair made intraday high at $1.2123 and low at $1.2113. Today triple EMA on a day chart is up but H1 chart suggests down trend for the time being. A consistent close above $1.2132 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2090 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 | 1.2132 | S1 | 1.2080 |
| R2 | 1.2157 | S2 | 1.2062 |
| R3 | 1.2176 | S3 | 1.2037 |
| R4 | 1.2205 | S4 | 1.2006 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2132 | Sell Below : 1.2090 | ||
| – Take Profit : 1.2151 | – Take Profit : 1.2064 | ||
| – Stop Loss : 1.2105 | – Stop Loss : 1.2127 | ||
GBP / USD
| Commentary : | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.4127 | S1 | 1.4083 |
| R2 | 1.4156 | S2 | 1.4065 |
| R3 | 1.4190 | S3 | 1.4040 |
| R4 | 1.4224 | S4 | 1.4001 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.4127 | Sell Below : 1.4091 | ||
| – Take Profit : 1.4154 | – Take Profit : 1.4070 | ||
| – Stop Loss : 1.4098 | – Stop Loss : 1.4120 | ||
USD / CAD
| Commentary : The Sterling trades flat ahead of U.K.’s Jobless Claims data and remains well supported above $1.4100 mark. The pair made intraday high at $1.4116 and low at $1.4098 mark. A day chart suggests up trend but H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $1.4127 on H1 chart will check key resistances. Alternatively, a consistent close below $1.4083 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 | 1.2170 | S1 | 1.2132 |
| R2 | 1.2199 | S2 | 1.2100 |
| R3 | 1.2226 | S3 | 1.2068 |
| R4 | 1.2247 | S4 | 1.2032 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2155 | Sell Below : 1.2120 | ||
| – Take Profit : 1.2180 | – Take Profit : 1.2085 | ||
| – Stop Loss : 1.2125 | – Stop Loss : 1.2150 | ||
USD / JPY
| Commentary: The Japanese yen falls gradually on Tuesday and jumps back above 110.00 mark. The pair made intraday high at 110.11 and low at 110.02 mark. The triple EMA on a day and H1 chart suggests up trend for the time being. A sustained close above 110.30 on H1 chart requires for the upside rally. Alternatively, a consistent close below 109.85 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 | 109.85 |
| R2 | 110.54 | S2 | 109.57 |
| R3 | 110.76 | S3 | 109.20 |
| R4 | 110.98 | S4 | 108.82 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 110.30 | Sell Below : 109.85 | ||
| – Take Profit : 110.57 | – Take Profit : 109.5289 | ||
| – Stop Loss : 109.90 | – Stop Loss : 110.25 | ||
GOLD
| Commentary : Gold remained highly volatile in previous session and touched $1,844 mark. Today the pair made intraday high at $1,867 and low $1,858 mark. A day chart is up but H1 chart with triple EMA confirms down trend for the time being. A sustained close above $1,868 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,848 will check further supports. Later today, U.S. will release various key indicators and therefore high volatility likely in gold too. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1872 | S1 | 1858 |
| R2 | 1878 | S2 | 1852 |
| R3 | 1884 | S3 | 1847 |
| R4 | 1889 | S4 | 1841 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1870 | Sell Below : 1856 | ||
| – Take Profit : 1876 | – Take Profit : 1848 | ||
| – Stop Loss : 1862 | – Stop Loss : 1864 | ||
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