AUD / USD
| Commentary : The Aussie trades in narrow range on Wednesday and stabilizes around key resistance at $0.7540 mark. The pair made intraday high at $0.7560 and low at $0.7538 mark. A day chart is bearish while H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7555 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7502 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 | 0.7555 | S1 | 0.7502 |
| R2 | 0.7570 | S2 | 0.7482 |
| R3 | 0.7590 | S3 | 0.7455 |
| R4 | 0.7632 | S4 | 0.7418 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7560 | Sell Below : 0.7522 | ||
| – Take Profit : 0.7585 | – Take Profit : 0.7499 | ||
| – Stop Loss : 0.7535 | – Stop Loss : 0.7554 | ||
EUR / USD
| Commentary : The euro depreciates in early Asia and hovers around $1.1920 mark. Today pair made intraday high at $1.1943 and low at $1.1920. Today triple EMA on a day chart is bearish but H1 chart suggests up trend for the time being. A consistent close above $1.1950 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1880 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 | 1.1950 | S1 | 1.1880 |
| R2 | 1.1976 | S2 | 1.1847 |
| R3 | 1.2005 | S3 | 1.1812 |
| R4 | 1.2032 | S4 | 1.1787 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1950 | Sell Below : 1.1902 | ||
| – Take Profit : 1.1976 | – Take Profit : 1.1870 | ||
| – Stop Loss : 1.1921 | – Stop Loss : 1.1938 | ||
GBP / USD
| Commentary : The Sterling trades almost flat ahead of manufacturing and services PMI results. The pair made intraday high at $1.3956 and low at $1.3923 mark. A day chart is bearish while H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.3950 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3900 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 | 1.3950 | S1 | 1.3900 |
| R2 | 1.3978 | S2 | 1.3875 |
| R3 | 1.4001 | S3 | 1.3848 |
| R4 | 1.4040 | S4 | 1.3815 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 0.64489 | Sell Below : 0.64489 | ||
| – Take Profit : 0.64489 | – Take Profit : 0.64489 | ||
| – Stop Loss : 0.64489 | – Stop Loss : 0.64489 | ||
USD / CAD
| Commentary : | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2347 | S1 | 1.2300 |
| R2 | 1.2365 | S2 | 1.2276 |
| R3 | 1.2390 | S3 | 1.2240 |
| R4 | 1.2423 | S4 | 1.2205 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2350 | Sell Below : 1.2298 | ||
| – Take Profit : 1.2378 | – Take Profit : 1.2264 | ||
| – Stop Loss : 1.2317 | – Stop Loss : 1.2331 | ||
USD / JPY
| Commentary : The Japanese yen continues to fall against U.S. dollar after BOJ’s Monetary Policy Meeting Minutes on Wednesday and touches 110.85 mark in early Asia. The pair made intraday high at 110.85 and low at 110.57 mark. The triple EMA on a day chart and H1 chart suggests bullish trend for the time being. A sustained close above 110.94 on H1 chart requires for the upside rally. Alternatively, a consistent close below 110.60 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 | 110.94 | S1 | 110.60 |
| R2 | 111.22 | S2 | 110.22 |
| R3 | 111.48 | S3 | 110.00 |
| R4 | 111.78 | S4 | 109.80 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 110.94 | Sell Below : 110.52 | ||
| – Take Profit : 111.20 | – Take Profit : 110.24 | ||
| – Stop Loss : 110.62 | – Stop Loss : 110.75 | ||
GOLD
| Commentary : Gold remains almost unchanged after Fed Chair Powell’s Testimony as no new surprise was there in this statement and delayed Interest rate rising time for the U.S. as well. Pair made intraday high at $1,783 and low $1,777 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $1,790 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,774 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 | 1790 | S1 | 1774 |
| R2 | 1794 | S2 | 1768 |
| R3 | 1799 | S3 | 1762 |
| R4 | 1805 | S4 | 1757 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1786 | Sell Below : 1772 | ||
| – Take Profit : 1792 | – Take Profit : 1764 | ||
| – Stop Loss : 1778 | – Stop Loss : 1781 | ||
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