AUD / USD
| Commentary : The Aussie trades marginally higher on Wednesday and stabilizes above $0.7500 mark. Today pair made intraday high at $0.7524 and low at $0.7503 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $0.7530 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7470 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 | 0.7530 | S1 | 0.7470 |
| R2 | 0.7555 | S2 | 0.7450 |
| R3 | 0.7578 | S3 | 0.7415 |
| R4 | 0.7599 | S4 | 0.7382 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7530 | Sell Below : 0.7490 | ||
| – Take Profit : 0.7557 | – Take Profit : 0.7461 | ||
| – Stop Loss : 0.7502 | – Stop Loss : 0.7520 | ||
EUR / USD
| Commentary : The euro spiked up sharply in previous session and touched $1.1137 mark. The pair made intraday high at $1.1120 and low at $1.1079 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.1130 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1070 on H1 chart will check further supports. Today ECB President Lagarde’s speech will remain in focus. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.1130 | S1 | 1.1070 |
| R2 | 1.1154 | S2 | 1.1055 |
| R3 | 1.1172 | S3 | 1.1021 |
| R4 | 1.1199 | S4 | 1.1001 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1130 | Sell Below : 1.1085 | ||
| – Take Profit : 1.1158 | – Take Profit : 1.1054 | ||
| – Stop Loss : 1.1105 | – Stop Loss : 1.1115 | ||
GBP / USD
| Commentary : The sterling remained highly volatile in previous session and currently trading around $1.3100 mark. Today pair made intraday high at $1.3111 and low at $1.3077 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1.3130 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3090 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 | 1.3130 | S1 | 1.3090 |
| R2 | 1.3156 | S2 | 1.3078 |
| R3 | 1.3182 | S3 | 1.3052 |
| R4 | 1.3212 | S4 | 1.3026 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3130 | Sell Below : 1.3086 | ||
| – Take Profit : 1.3155 | – Take Profit : 1.3060 | ||
| – Stop Loss : 1.3111 | – Stop Loss : 1.3112 | ||
USD / CAD
| Commentary : The CAD trades in narrow range on Wednesday and slips back below 1.2500 mark. The pair made intraday high at 1.2508 and low at 1.2488 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above 1.2502 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2465 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 | 1.2512 | S1 | 1.2465 |
| R2 | 1.2542 | S2 | 1.2430 |
| R3 | 1.2570 | S3 | 1.2412 |
| R4 | 1.2599 | S4 | 1.2400 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2512 | Sell Below : 1.2465 | ||
| – Take Profit : 1.2550 | – Take Profit : 1.2425 | ||
| – Stop Loss : 1.2472 | – Stop Loss : 1.2491 | ||
USD / JPY
| Commentary : The Japanese yen recovers sharply from previous losses and hovers around 121.50 mark. The pair made intraday high at 123.20 and low at 121.31 mark. The triple EMA on a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above 121.98 on H1 chart requires for the upside rally. Alternatively, a consistent close below 120.98 on H1 chart 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 | 121.98 | S1 | 120.98 |
| R2 | 122.22 | S2 | 120.62 |
| R3 | 122.50 | S3 | 120.30 |
| R4 | 122.78 | S4 | 120.05 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 122.12 | Sell Below : 121.12 | ||
| – Take Profit : 122.50 | – Take Profit : 120.70 | ||
| – Stop Loss : 121.62 | – Stop Loss : 121.54 | ||
GOLD
| Commentary : Gold recovers sharply from previous losses and hovers around key resistance at $1,928 mark. Today pair made intraday high at $1,926 and low at $1,916 mark. A triple EMA on a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above $1,932 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,912 will check further supports. U.S. ADP job data and Prelim GDP data will remain in focus. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1932 | S1 | 1916 |
| R2 | 1938 | S2 | 1911 |
| R3 | 1942 | S3 | 1906 |
| R4 | 1948 | S4 | 1901 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1932 | Sell Below : 1914 | ||
| – Take Profit : 1940 | – Take Profit : 1908 | ||
| – Stop Loss : 1925 | – Stop Loss : 1920 | ||
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