AUD / USD
| Commentary: The Aussie weakens on Wednesday after building approvals results and slips back below $0.78 mark. The pair made intraday high at $0.7845 and low at $0.7785 mark. A day chart is bullish but H1 chart confirms down trend for the time being. A sustained close above $0.7855 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7785 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 | 0.7855 | S1 | 0.7785 |
| R2 | 0.7900 | S2 | 0.7764 |
| R3 | 0.7927 | S3 | 0.7740 |
| R4 | 0.7958 | S4 | 0.7722 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7846 | Sell Below : 0.7786 | ||
| – Take Profit : 0.7875 | – Take Profit : 0.7755 | ||
| – Stop Loss : 0.7810 | – Stop Loss : 0.7829 | ||
EUR / USD
| Commentary: The euro starts a new day on a lower note and remains well supported below $1.2150 mark. Today pair made intraday high at $1.2150 and low at $1.2115. Today triple EMA on a day chart is bullish while H1 chart is confirming bearish Trend. A consistent close above $1.2150 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2110 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 | 1.2150 | S1 | 1.2102 |
| R2 | 1.2178 | S2 | 1.2074 |
| R3 | 1.2206 | S3 | 1.2040 |
| R4 | 1.2248 | S4 | 1.2010 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2150 | Sell Below : 1.2110 | ||
| – Take Profit : 1.2180 | – Take Profit : 1.2075 | ||
| – Stop Loss : 1.2115 | – Stop Loss : 1.2140 | ||
GBP / USD
| Commentary : The pound appreciates slightly after various key economic indicators from the U.K. and hovers around $1.4130 mark. The pair made intraday high at $1.4146 and low at $1.4107 mark. Today a day chart and H1 chart with triple EMA confirm bullish trend for the time being. A sustained close above $1.4148 requires for the upside rally. Alternatively, a consistent close below $1.4108 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 | 1.4148 | S1 | 1.4100 |
| R2 | 1.4176 | S2 | 1.4076 |
| R3 | 1.4200 | S3 | 1.4040 |
| R4 | 1.4224 | S4 | 1.4002 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.4150 | Sell Below : 1.4101 | ||
| – Take Profit : 1.4182 | – Take Profit : 1.4066 | ||
| – Stop Loss : 1.4111 | – Stop Loss : 1.4141 | ||
USD / CAD
| Commentary : The Canadian dollar trades almost flat against U.S. dollar and remains well supported above 1.2100 mark. Today pair made intraday high at 1.2132 and low at 1.2090 mark. A day chart and H1 chart with Triple EMA confirm bearish trend for the time being. A sustained close above 1.2131 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2082 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 | 1.2131 | S1 | 1.2074 |
| R2 | 1.2152 | S2 | 1.2038 |
| R3 | 1.2193 | S3 | 1.2002 |
| R4 | 1.2218 | S4 | 1.1980 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2132 | Sell Below : 1.2087 | ||
| – Take Profit : 1.2154 | – Take Profit : 1.2054 | ||
| – Stop Loss : 1.2099 | – Stop Loss : 1.2124 | ||
USD / JPY
| Commentary : The Japanese yen exhibits range bound movement and consolidates around 108.70 mark. The pair made intraday high at 108.90 and low at 108.55 mark. The triple EMA on a day chart is bullish while H1 chart is likely to give crossover for the uptrend confirmation. Here, have to wait for few times to decide the further path of the parity. A sustained close above 108.97 on H1 chart requires for the upside rally. Alternatively, a consistent close below 108.49 on H1 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 | 109.05 | S1 | 108.49 |
| R2 | 109.42 | S2 | 108.33 |
| R3 | 109.65 | S3 | 108.00 |
| R4 | 109.82 | S4 | 107.68 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 108.95 | Sell Below : 108.60 | ||
| – Take Profit : 109.18 | – Take Profit : 108.38 | ||
| – Stop Loss : 108.70 | – Stop Loss : 108.90 | ||
GOLD
| Commentary : Gold enjoys roller coaster movement ahead of U.S.’s inflation data and stabilizes around $1,830 mark. Today pair made intraday high at $1,837 and low $1,826 mark. A day chart is up but H1 chart is confirming slightly bearish trend for the time being. A sustained close above $1,843 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,826 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 | 0.64489 | S1 | 0.64489 |
| R2 | 1.64489 | S2 | 1.64489 |
| R3 | 2.64489 | S3 | 2.64489 |
| R4 | 3.64489 | S4 | 3.64489 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.64489 | Sell Below : 0.64489 | ||
| – Take Profit : 0.64489 | – Take Profit : 0.64489 | ||
| – Stop Loss : 0.64489 | – Stop Loss : 0.64489 | ||
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