AUD / USD
| Commentary : The Aussie remains slightly volatile in early Asia as RBA Governor Lowe was scheduled to speak in early Asian hours. A day chart still suggests bullish trend while H1 chart suggests bearish trend in short run. A sustained close above $0.7771 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7732 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 | 0.7792 | S1 | 0.7732 |
| R2 | 0.7822 | S2 | 0.7700 |
| R3 | 0.7854 | S3 | 0.7677 |
| R4 | 0.7888 | S4 | 0.7625 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.77680 | Sell Below : 0.77356 | ||
| – Take Profit : 0.78000 | – Take Profit : 0.77063 | ||
| – Stop Loss : 0.77326 | – Stop Loss : 0.77761 | ||
EUR / USD
| Commentary : The euro reverses early Asian hour’s gain and slips back below $1.1950 mark. Today triple EMA on a day confirms the bearish trend but H1 chart signals up trend in short run. A consistent close above $1.1960 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1918 on H1 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 | 1.1989 | S1 | 1.1918 |
| R2 | 1.2053 | S2 | 1.1875 |
| R3 | 1.2080 | S3 | 1.1838 |
| R4 | 1.2113 | S4 | 1.1802 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.19698 | Sell Below : 1.19426 | ||
| – Take Profit : 1.19960 | – Take Profit : 1.19133 | ||
| – Stop Loss : 1.19429 | – Stop Loss : 1.19735 | ||
GBP / USD
| Commentary : The pound exhibits range bound movement and consolidates around $1.3900 mark. The pair made intraday high at $1.3949 and low at $1.3911 mark. Triple EMA on a day chart is bullish but H1 chart suggest down trend for the time being. A sustained close above $1.3942 on H1 chart requires for the upside rally. On the other hand, consistent close below $1.3910 on H1 will test further supports too. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3960 | S1 | 1.3910 |
| R2 | 1.4004 | S2 | 1.3887 |
| R3 | 1.4032 | S3 | 1.3816 |
| R4 | 1.4061 | S4 | 1.3750 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.39523 | Sell Below : 1.39008 | ||
| – Take Profit : 1.39978 | – Take Profit : 1.38648 | ||
| – Stop Loss : 1.39068 | – Stop Loss : 1.39411 | ||
USD / CAD
| Commentary : The Canadian dollar trades marginally lower on Monday and touches 1.2482 mark. A day and H1 chart with triple EMA confirms the bearish trend for the time being. A sustained close above 1.2496 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2465 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 | 1.2496 | S1 | 1.2465 |
| R2 | 1.2555 | S2 | 1.2432 |
| R3 | 1.2578 | S3 | 1.2400 |
| R4 | 1.2610 | S4 | 1.2378 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.25045 | Sell Below : 1.24524 | ||
| – Take Profit : 1.25457 | – Take Profit : 1.24225 | ||
| – Stop Loss : 1.24585 | – Stop Loss : 1.24889 | ||
USD / JPY
| Commentary : The Japanese yen continues to trade lower on Monday despite higher than expected core machinery orders data. The pair made intraday high at 109.19 and low at 108.91 mark. The triple EMA on a day and H1 chart suggest the uptrend for the time being. A sustained close above 109.20 on H1 chart requires for the upside rally. Alternatively, a consistent close below 108.86 on H1 will check key supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 109.20 | S1 | 108.36 |
| R2 | 109.56 | S2 | 107.86 |
| R3 | 109.82 | S3 | 107.58 |
| R4 | 110.22 | S4 | 106.90 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 109.317 | Sell Below : 108.856 | ||
| – Take Profit : 109.614 | – Take Profit : 108.533 | ||
| – Stop Loss : 108.943 | – Stop Loss : 109.214 | ||
GOLD
| Commentary : The gold starts a new week on a negative note and touches $1,721 mark in Asian hours. Today pair made intraday high at $1,734 and low at $1,721 mark. A sustained close above $1,732 on H1 chart requires for the upside rally. Alternatively, current downside movement will drag the parity down below $1,700 mark. A day chart with triple EMA confirms the bearish trend while H1 confirms slightly up trend for the time being. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1732 | S1 | 1715 |
| R2 | 1740 | S2 | 1708 |
| R3 | 1748 | S3 | 1702 |
| R4 | 1754 | S4 | 1691 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1733.51 | Sell Below : 1720.72 | ||
| – Take Profit : 1740.25 | – Take Profit : 1714.74 | ||
| – Stop Loss : 1725.11 | – Stop Loss : 1727.58 | ||
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