AUD / USD
| Commentary : The Aussie trades in narrow range on Wednesday and consolidates around $0.7200 mark. Today pair made intraday high at $0.7210 and low at $0.7180 mark. A day chart is up and H1 chart with triple EMAsuggests down trend for the time being. Asustained close above $0.7230 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7171 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 | 0.7230 | S1 | 0.7171 |
| R2 | 0.7255 | S2 | 0.7150 |
| R3 | 0.7272 | S3 | 0.7115 |
| R4 | 0.7299 | S4 | 0.7100 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7230 | Sell Below : 0.7168 | ||
| – Take Profit : 0.7265 | – Take Profit : 0.7137 | ||
| – Stop Loss : 0.7202 | – Stop Loss : 0.7205 | ||
EUR / USD
| Commentary : The euro trades slightly up in early Asia and remains well supported above $1.0950 mark. The pair made intraday high at $1.0977 and low at $1.0947 mark. Today triple EMAon a day chart and H1 chart suggest down trend for the time being. A consistent close above $1.0982 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0950 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 | 1.0982 | S1 | 1.0950 |
| R2 | 1.1005 | S2 | 1.0902 |
| R3 | 1.1022 | S3 | 1.0876 |
| R4 | 1.1054 | S4 | 1.0850 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0992 | Sell Below : 1.0940 | ||
| – Take Profit : 1.1030 | – Take Profit : 1.0901 | ||
| – Stop Loss : 1.0952 | – Stop Loss : 1.0972 | ||
GBP / USD
| Commentary : The sterling moves in rigid boundaries and consolidates around $1.3050 mark. Today pair made intraday high at $1.3057 and low at $1.3025 mark. Aday chart and H1 chart with triple EMA suggest bearish trend for the time being. Asustained close above $1.3072 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3030 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 | 1.3072 | S1 | 1.3030 |
| R2 | 1.3096 | S2 | 1.2998 |
| R3 | 1.3122 | S3 | 1.2981 |
| R4 | 1.3154 | S4 | 1.2955 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3072 | Sell Below : 1.3021 | ||
| – Take Profit : 1.3120 | – Take Profit : 1.2980 | ||
| – Stop Loss : 1.3037 | – Stop Loss : 1.3058 | ||
USD / CAD
| Commentary : The CAD trades in narrow range on Wednesday ahead of Canada’s CPI data and stabilizes around $1.2760 mark. Pair made intraday high at 1.2775 and low at 1.2755 mark. Today a day chart is up and H1 chart with triple EMAsuggests down trend for the time being. Asustained close above 1.2781 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2750 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 | 1.2781 | S1 | 1.2750 |
| R2 | 1.2800 | S2 | 1.2721 |
| R3 | 1.2815 | S3 | 1.2690 |
| R4 | 1.2840 | S4 | 1.2662 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2781 | Sell Below : 1.2750 | ||
| – Take Profit : 1.2815 | – Take Profit : 1.2715 | ||
| – Stop Loss : 1.2755 | – Stop Loss : 1.2780 | ||
USD / JPY
| Commentary : The Japanese yen takes halt around 118.45 mark but remain well supported above 118.00 mark. The pair made intraday high at 118.42 and low at 118.20 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 118.50 on H1 chart requires for the upside rally. Alternatively, a consistent close below 117.90 on H1 chart 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 | 118.50 | S1 | 117.90 |
| R2 | 118.76 | S2 | 117.65 |
| R3 | 118.99 | S3 | 117.34 |
| R4 | 119.28 | S4 | 117.00 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 118.45 | Sell Below : 118.00 | ||
| – Take Profit : 118.81 | – Take Profit : 117.57 | ||
| – Stop Loss : 118.10 | – Stop Loss : 118.31 | ||
GOLD
| Commentary : Gold weakens drastically ahead of U.S. FOMC Meetings due today at 1800 GMT and remains well supported below $1,920 mark. Today pair made intraday high at $1,924 and low at $1,915 mark. Atriple EMAon a day chart is up and H1 chart suggests down trend for the time being. A sustained close above $1,924 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,911 will check further supports. Traders eye U.S. FOMC Meeting due tomorrow. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1924 | S1 | 1911 |
| R2 | 1930 | S2 | 1906 |
| R3 | 1936 | S3 | 1898 |
| R4 | 1942 | S4 | 1891 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1924 | Sell Below : 1911 | ||
| – Take Profit : 1932 | – Take Profit : 1901 | ||
| – Stop Loss : 1917 | – Stop Loss : 1918 | ||
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