Commentary : The Aussie trades slightly higher on Monday and jumps back above $0.7500 mark. The pair made intraday high at $0.7512 and low at $0.7480 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $0.7528 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7478 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
0.7540
S1
0.7482
R2
0.7570
S2
0.7455
R3
0.7590
S3
0.7418
R4
0.7632
S4
0.7400
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 0.7530
Sell Below : 0.7476
– Take Profit : 0.7554
– Take Profit : 0.7452
– Stop Loss : 0.7490
– Stop Loss : 0.7502
EUR / USD
Commentary : The euro trades slightly up and hovers around $1.1870 mark. Today pair made intraday high at $1.1876 and low at $1.1854. Today triple EMA on a day chart and H1 chart suggests bearish trend for the time being. A consistent close above $1.1890 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1856 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
1.1890
S1
1.1847
R2
1.1922
S2
1.1812
R3
1.1948
S3
1.1787
R4
1.1976
S4
1.1762
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.1891
Sell Below : 1.1854
– Take Profit : 1.1920
– Take Profit : 1.1820
– Stop Loss : 1.1851
– Stop Loss : 1.1887
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
1.3832
S1
1.3790
R2
1.3854
S2
1.3767
R3
1.3878
S3
1.3740
R4
1.3901
S4
1.3705
BUY
SELL
Buy Above : 1.3830
Sell Below : 1.3785
– Take Profit : 1.3855
– Take Profit : 1.3744
– Stop Loss : 1.3795
– Stop Loss : 1.3814
USD / CAD
Commentary : The Canadian dollar falls gradually against U.S. dollar and jumps back above 1.2450 mark. Today pair made intraday high at 1.2465 and low at 1.2435 mark. Today a day chart as well as H1 chart with triple EMA suggests bullish trend for the time being. A sustained close above 1.2504 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2425 on H1 chart will check key supports too.
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