AUD / USD
| Commentary : The Aussie strengthens sharply after robust employment data and lower than expected unemployment rate too. The pair jumps back above $0.78 mark, highest level since March 03, 2021. A day chart and H1 chart suggest up trend for the time being. A sustained close above $0.7838 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7790 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 | 0.7838 | S1 | 0.7777 |
| R2 | 0.7861 | S2 | 0.7721 |
| R3 | 0.7903 | S3 | 0.7677 |
| R4 | 0.7940 | S4 | 0.7625 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.78411 | Sell Below : 0.78118 | ||
| – Take Profit : 0.78695 | – Take Profit : 0.77833 | ||
| – Stop Loss : 0.78126 | – Stop Loss : 0.78402 | ||
EUR / USD
| Commentary : The euro trades marginally lower on Thursday and hovers around $1.1960 mark. Today triple EMA on a day confirms down trend but H1 chart confirms the uptrend for the time being. A consistent close above $1.1990 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1947 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 | 1.1990 | S1 | 1.1947 |
| R2 | 1.2043 | S2 | 1.1885 |
| R3 | 1.2061 | S3 | 1.1838 |
| R4 | 1.2090 | S4 | 1.1802 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.19861 | Sell Below : 1.19503 | ||
| – Take Profit : 1.20146 | – Take Profit : 1.19299 | ||
| – Stop Loss : 1.19566 | – Stop Loss : 1.19747 | ||
GBP / USD
| Commentary : The pound moves in still boundaries ahead of BOE’s Interest Rate Decision and stabilizes around $1.3950 mark. The pair made intraday high at $1.3977 and low at $1.3935 mark. Triple EMA on a day chart and H1 chart confirm bullish trend for the time being. A sustained close above $1.3992 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 | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3992 | S1 | 1.3885 |
| R2 | 1.4032 | S2 | 1.3862 |
| R3 | 1.4077 | S3 | 1.3816 |
| R4 | 1.4112 | S4 | 1.3750 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.39776 | Sell Below : 1.39303 | ||
| – Take Profit : 1.40127 | – Take Profit : 1.39040 | ||
| – Stop Loss : 1.39442 | – Stop Loss : 1.39583 | ||
USD / CAD
| Commentary : The Canadian dollar appreciates extremely in Asian hours and touches 1.2377 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 1.2442 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2383 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 | 1.2442 | S1 | 1.2377 |
| R2 | 1.2470 | S2 | 1.2358 |
| R3 | 1.2496 | S3 | 1.2321 |
| R4 | 1.2555 | S4 | 1.2284 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.24297 | Sell Below : 1.23698 | ||
| – Take Profit : 1.24780 | – Take Profit : 1.23339 | ||
| – Stop Loss : 1.23858 | – Stop Loss : 1.24078 | ||
USD / JPY
| Commentary : The Japanese yen remains highly volatile in early Asian hours after comments from BOJ regarding targeted yield band. BoJ is likely to widen target yield band to +/- 0.25 pct. The pair made intraday high at 109.12 and low at 108.62 mark. The triple EMA on a day chart confirms up trend in long run while H1 chart suggests the bearish trend for the time being. A sustained close above 109.28 on H1 chart requires for the upside rally. Alternatively, a consistent close below 108.83 on H1 will check key supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 109.28 | S1 | 108.70 |
| R2 | 109.56 | S2 | 108.36 |
| R3 | 109.82 | S3 | 108.00 |
| R4 | 110.22 | S4 | 107.58 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 109.133 | Sell Below : 108.733 | ||
| – Take Profit : 109.359 | – Take Profit : 108.446 | ||
| – Stop Loss : 108.847 | – Stop Loss : 108.991 | ||
GOLD
| Commentary : The gold spiked up sharply after FOMC’s dovish stance and currently stabilizes around $1,750 mark. Today pair made intraday high at $1,755 and low at $1,744 mark. A day chart with triple EMA confirms the down trend while H1 confirms uptrend for the time being. A sustained close above $1,754 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,738 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 | 1754 | S1 | 1738 |
| R2 | 1762 | S2 | 1732 |
| R3 | 1767 | S3 | 1727 |
| R4 | 1775 | S4 | 1722 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1754.93 | Sell Below : 1741.84 | ||
| – Take Profit : 1761.03 | – Take Profit : 1734.83 | ||
| – Stop Loss : 1748.76 | – Stop Loss : 1749.78 | ||
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