AUD / USD
| Commentary : The Aussie trades in narrow range in Asian hours and stabilizes below $0.7600 mark. The pair made intraday high at $0.7595 and low at $0.7572 mark. A day chart is bearish while H1 chart with triple EMA suggests bullish trend for the time being. A sustained close above $0.7610 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7569 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 | 0.7612 | S1 | 0.7570 |
| R2 | 0.7632 | S2 | 0.7550 |
| R3 | 0.7657 | S3 | 0.7522 |
| R4 | 0.7694 | S4 | 0.7502 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7602 | Sell Below : 0.7568 | ||
| – Take Profit : 0.7628 | – Take Profit : 0.7543 | ||
| – Stop Loss : 0.7570 | – Stop Loss : 0.7599 | ||
EUR / USD
| Commentary : The euro depreciates on Monday and remains well supported below $1.1950 mark. Today pair made intraday high at $1.1942 and low at $1.1920. Today triple EMA on a day chart and H1 chart is bearish for the time being. Today German Buba President Weidmann’s speech may provide further direction to the parity. A consistent close above $1.1947 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1902 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 | 1.1947 | S1 | 1.1902 |
| R2 | 1.1970 | S2 | 1.1880 |
| R3 | 1.2005 | S3 | 1.1848 |
| R4 | 1.2032 | S4 | 1.1822 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.3902 | Sell Below : 1.1910 | ||
| – Take Profit : 1.1972 | – Take Profit : 1.1886 | ||
| – Stop Loss : 1.1916 | – Stop Loss : 1.1942 | ||
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 | 1.3902 | S1 | 1.3870 |
| R2 | 1.3927 | S2 | 1.3837 |
| R3 | 1.3976 | S3 | 1.3802 |
| R4 | 1.4002 | S4 | 1.3780 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3902 | Sell Below : 1.3863 | ||
| – Take Profit : 1.3927 | – Take Profit : 1.3826 | ||
| – Stop Loss : 1.3868 | – Stop Loss : 1.3897 | ||
USD / CAD
| Commentary : The Canadian dollar exhibits range bound movement and hovers around 1.23 mark. Today pair made intraday high at 1.2313 and low at 1.2288 mark. Today a day chart is bullish while H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above 1.2323 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2287 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 | 1.2323 | S1 | 1.2287 |
| R2 | 1.2340 | S2 | 1.2258 |
| R3 | 1.2365 | S3 | 1.2240 |
| R4 | 1.2390 | S4 | 1.2210 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2325 | Sell Below : 1.2272 | ||
| – Take Profit : 1.2354 | – Take Profit : 1.2241 | ||
| – Stop Loss : 1.2290 | – Stop Loss : 1.2310 | ||
USD / JPY
| Commentary : The Japanese yen trades marginally higher on Monday after BOJ’s Summary of Opinions. The pair made intraday high at 110.86 and low at 110.65 mark. The triple EMA on a day chart is up but H1 chart suggests bearish trend for the time being. A sustained close above 110.85 on H1 chart requires for the upside rally. Alternatively, a consistent close below 110.52 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 | 110.85 | S1 | 110.52 |
| R2 | 111.21 | S2 | 110.40 |
| R3 | 111.64 | S3 | 110.22 |
| R4 | 111.91 | S4 | 110.00 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 110.90 | Sell Below : 110.48 | ||
| – Take Profit : 111.20 | – Take Profit : 110.26 | ||
| – Stop Loss : 110.62 | – Stop Loss : 110.81 | ||
GOLD
| Commentary : Gold remains highly volatile during Asian hours and touches $1,770 mark but fails to fall below it and jumps back above $1,780 mark. Today pair made intraday high at $1,782 and low $1,770 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $1,784 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,772 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 | 1784 | S1 | 1772 |
| R2 | 1790 | S2 | 1767 |
| R3 | 1794 | S3 | 1761 |
| R4 | 1799 | S4 | 1756 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1784 | Sell Below : 1770 | ||
| – Take Profit : 1790 | – Take Profit : 1764 | ||
| – Stop Loss : 1775 | – Stop Loss : 1778 | ||
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