AUD / USD
| Commentary : The Aussie falls gradually against U.S. dollar and stabilizes below $0.7750 mark. A day chart still suggests up trend in long run while H1 chart suggests visible down trend for the time being. A sustained close above $0.7750 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7721 will check further supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | BelowMA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 0.7750 | S1 | 0.7721 |
| R2 | 0.7772 | S2 | 0.7700 |
| R3 | 0.7790 | S3 | 0.7677 |
| R4 | 0.7822 | S4 | 0.7625 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.77614 | Sell Below : 0.77169 | ||
| – Take Profit : 0.77887 | – Take Profit : 0.76885 | ||
| – Stop Loss : 0.77314 | – Stop Loss : 0.77454 | ||
EUR / USD
| Commentary : The euro trades almost flat on Wednesday and hovers around $1.19 mark. Today triple EMA on a day and H1 confirm the down trend for the time being. A consistent close above $1.1913 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1885 on H1 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 | 1.1913 | S1 | 1.1885 |
| R2 | 1.1938 | S2 | 1.1838 |
| R3 | 1.1962 | S3 | 1.1802 |
| R4 | 1.2002 | S4 | 1.7777 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.19222 | Sell Below : 1.18823 | ||
| – Take Profit : 1.19526 | – Take Profit : 1.18620 | ||
| – Stop Loss : 1.18949 | – Stop Loss : 1.19067 | ||
GBP / USD
| Commentary : The pound trades in rigid boundaries on Wednesday and consolidates around $1.39 mark. The pair made intraday high at $1.3905 and low at $1.3878 mark. Triple EMA on a day chart is bullish but H1 chart suggests sideways movement for the time being. A sustained close above $1.3902 on H1 chart requires for the upside rally. On the other hand, consistent close below $1.3885 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 | 1.3922 | S1 | 1.3885 |
| R2 | 1.3960 | S2 | 1.3862 |
| R3 | 1.4004 | S3 | 1.3816 |
| R4 | 1.4032 | S4 | 1.3750 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.39084 | Sell Below : 1.38631 | ||
| – Take Profit : 1.39405 | – Take Profit : 1.38335 | ||
| – Stop Loss : 1.38742 | – Stop Loss : 1.38911 | ||
USD / CAD
| Commentary : The Canadian dollar strengthens sharply in Asian hours and touches 1.2433 mark. It is the highest level since Feb 2018. A day and H1 chart with triple EMA confirms the bearish trend for the time being. A sustained close above 1.2470 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2441 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 | 1.2470 | S1 | 1.2432 |
| R2 | 1.2496 | S2 | 1.2400 |
| R3 | 1.2555 | S3 | 1.2378 |
| R4 | 1.2578 | S4 | 1.2358 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.24764 | Sell Below : 1.24325 | ||
| – Take Profit : 1.25132 | – Take Profit : 1.23966 | ||
| – Stop Loss : 1.24324 | – Stop Loss : 1.24705 | ||
USD / JPY
| Commentary : | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 109.28 | S1 | 108.70 |
| R2 | 109.56 | S2 | 108.36 |
| R3 | 109.82 | S3 | 108.36 |
| R4 | 110.22 | S4 | 107.58 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 109.258 | Sell Below : 108.901 | ||
| – Take Profit : 109.513 | – Take Profit : 108.548 | ||
| – Stop Loss : 108.983 | – Stop Loss : 109.239 | ||
GOLD
| Commentary : The gold trades slightly up on Wednesday ahead of U.S. FOMC Interest Rate Decision. Today pair made intraday high at $1,737 and low at $1,729 mark. A day chart with triple EMA confirms the down trend while H1 confirms bullish trend for the time being. A sustained close above $1,740 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,728 on H1 will test further supports too. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1740 | S1 | 1728 |
| R2 | 1748 | S2 | 1722 |
| R3 | 1754 | S3 | 1715 |
| R4 | 1762 | S4 | 1708 |
| BUY | SELL | ||
 | | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1738.73 | Sell Below : 1729.70 | ||
| – Take Profit : 1744.83 | – Take Profit : 1723.31 | ||
| – Stop Loss : 1732.56 | – Stop Loss : 1736.50 | ||
Download Report in PDF
We provide every solution to start your own
English
Arabic
Bengali
Chinese
Dutch
French
German
Italian
Portuguese
Russian
Spanish