AUD / USD
| Commentary : The Aussie depreciated sharply in previous session and currently stabilizes above $0.7500 mark. The pair made intraday high at $0.7520 and low at $0.7508 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $0.7540 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 | 0.7540 | S1 | 0.7502 |
| R2 | 0.7575 | S2 | 0.7472 |
| R3 | 0.7600 | S3 | 0.7458 |
| R4 | 0.7622 | S4 | 0.7427 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7532 | Sell Below : 0.7502 | ||
| – Take Profit : 0.7555 | – Take Profit : 0.7480 | ||
| – Stop Loss : 0.7507 | – Stop Loss : 0.7527 | ||
EUR / USD
| Commentary : The euro slightly recovers from previous losses and remains well supported above $1.1900 mark. Today pair made intraday high at $1.1907 and low at $1.1894. Today triple EMA on a day chart and H1 chart is bearish for the time being. Today’s economic calendar is full of indicators, which may provide further directions to the parity. A consistent close above $1.1922 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1882 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 | 1.1922 | S1 | 1.1880 |
| R2 | 1.1947 | S2 | 1.1848 |
| R3 | 1.1970 | S3 | 1.1822 |
| R4 | 1.2005 | S4 | 1.1797 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1921 | Sell Below : 1.1890 | ||
| – Take Profit : 1.1942 | – Take Profit : 1.1874 | ||
| – Stop Loss : 1.1893 | – Stop Loss : 1.1915 | ||
GBP / USD
| Commentary : he Sterling appreciates in early Asia ahead of Final GDP and Current Account data. The pair made intraday high at $1.3860 and low at $1.3829 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $1.3878 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3821 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 | 1.3878 | S1 | 1.3837 |
| R2 | 1.3902 | S2 | 1.3821 |
| R3 | 1.3927 | S3 | 1.3802 |
| R4 | 1.3976 | S4 | 1.3781 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3865 | Sell Below : 1.3827 | ||
| – Take Profit : 1.3890 | – Take Profit : 1.3801 | ||
| – Stop Loss : 1.3836 | – Stop Loss : 1.3855 | ||
USD / CAD
| Commentary : The Canadian dollar trades flat on Wednesday ahead of Canada’s GDP results. Today pair made intraday high at 1.2404 and low at 1.2390 mark. Today a day chart and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2417 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2368 on H1 chart will check key supports too. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2417 | S1 | 1.2368 |
| R2 | 1.2440 | S2 | 1.2340 |
| R3 | 1.2472 | S3 | 1.2320 |
| R4 | 1.2497 | S4 | 1.2294 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2415 | Sell Below : 1.2381 | ||
| – Take Profit : 1.2437 | – Take Profit : 1.2360 | ||
| – Stop Loss : 1.2390 | – Stop Loss : 1.2410 | ||
USD / JPY
| Commentary : The Japanese yen trades marginally higher despite lower than expected Prelim Industrial Production data and trading around 110.50 mark. The pair made intraday high at 110.59 and low at 110.44 mark. The triple EMA on a day chart is up but H1 chart suggests bearish trend for the time being. A sustained close above 110.70 on H1 chart requires for the upside rally. Alternatively, a consistent close below 110.28 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 | 110.70 | S1 | 110.28 |
| R2 | 110.94 | S2 | 110.00 |
| R3 | 111.21 | S3 | 109.71 |
| R4 | 111.64 | S4 | 109.47 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 110.65 | Sell Below : 110.37 | ||
| – Take Profit : 110.90 | – Take Profit : 110.15 | ||
| – Stop Loss : 110.42 | – Stop Loss : 110.61 | ||
GOLD
| Commentary : Gold weakens sharply in previous session and touched $1,750 mark in early Asia. Today pair made intraday high at $1,764 and low $1,759 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $1,768 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,754 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 | 1768 | S1 | 1747 |
| R2 | 1772 | S2 | 1741 |
| R3 | 1778 | S3 | 1737 |
| R4 | 1884 | S4 | 1732 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1768 | Sell Below : 1756 | ||
| – Take Profit : 1774 | – Take Profit : 1751 | ||
| – Stop Loss : 1761 | – Stop Loss : 1761 | ||
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