AUD / USD
| Commentary : The Aussie spiked down sharply in previous session on the back of stronger U.S.’s Inflation results. The pair made intraday high at $0.7748 and low at $0.7716 mark. A day chart is bullish but H1 chart confirms bearish trend for the time being. A sustained close above $0.7751 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7717 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 | 0.7751 | S1 | 0.7717 |
| R2 | 0.7780 | S2 | 0.7677 |
| R3 | 0.7822 | S3 | 0.7640 |
| R4 | 0.7855 | S4 | 0.7610 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7755 | Sell Below : 0.7703 | ||
| – Take Profit : 0.7790 | – Take Profit : 0.7677 | ||
| – Stop Loss : 0.7722 | – Stop Loss : 0.7740 | ||
EUR / USD
| Commentary : The euro trades marginally higher on Thursday and stabilizes below $1.21 mark. Today most of the European markets will remain closed, thus likely to have limited volatility in the Euro Parity. Today pair made intraday high at $1.2088 and low at $1.2067. Today triple EMA on a day chart is bullish while H1 chart is confirming down Trend. A consistent close above $1.2101 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2057 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 | 1.2101 | S1 | 1.2057 |
| R2 | 1.2150 | S2 | 1.2018 |
| R3 | 1.2178 | S3 | 1.1990 |
| R4 | 1.2206 | S4 | 1.1962 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2090 | Sell Below : 1.2041 | ||
| – Take Profit : 1.2121 | – Take Profit : 1.2015 | ||
| – Stop Loss : 1.2062 | – Stop Loss : 1.2074 | ||
GBP / USD
| Commentary : The pound trades almost flat on Thursday and hovers around $1.4050 mark. The pair made intraday high at $1.4078 and low at $1.4050 mark. Today a day chart is up but H1 chart with triple EMA confirms bearish trend for the time being. A sustained close above $1.4096 requires for the upside rally. Alternatively, a consistent close below $1.4040 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 | 1.4076 | S1 | 1.4040 |
| R2 | 1.4096 | S2 | 1.4002 |
| R3 | 1.4142 | S3 | 1.3985 |
| R4 | 1.4170 | S4 | 1.3942 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.4080 | Sell Below : 1.4038 | ||
| – Take Profit : 1.4106 | – Take Profit : 1.4000 | ||
| – Stop Loss : 1.4038 | – Stop Loss : 1.4075 | ||
USD / CAD
| Commentary : The Canadian dollar erases previous gain against U.S. dollar and jumps back above 1.2100 mark. Today pair made intraday high at 1.2139 and low at 1.2103 mark. A day chart is bearish but H1 chart with Triple EMA confirms bullish trend for the time being. A sustained close above 1.2146 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2082 on H1 chart will check key supports too. Later today Bank of Canada governor is due to speak at 1500 GMT, it might bring volatility in to the CAD parity. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2146 | S1 | 1.2100 |
| R2 | 1.2174 | S2 | 1.2074 |
| R3 | 1.2193 | S3 | 1.2038 |
| R4 | 1.2218 | S4 | 1.2002 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2150 | Sell Below : 1.2099 | ||
| – Take Profit : 1.2176 | – Take Profit : 1.2067 | ||
| – Stop Loss : 1.2120 | – Stop Loss : 1.2132 | ||
USD / JPY
| Commentary : The Japanese yen falls sharply on Thursday as Japan’s Current account data misses expectations. It is the lowest level since April 9, 2021. The pair made intraday high at 109.78 and low at 109.48 mark. The triple EMA on a day chart and H1 chart suggests up trend for the time being. A sustained close above 109.82 on H1 chart requires for the upside rally. Alternatively, a consistent close below 109.51 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 | 109.82 | S1 | 109.51 |
| R2 | 110.22 | S2 | 109.22 |
| R3 | 110.58 | S3 | 108.89 |
| R4 | 110.87 | S4 | 108.67 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 109.82 | Sell Below : 109.49 | ||
| – Take Profit : 110.10 | – Take Profit : 109.20 | ||
| – Stop Loss : 109.60 | – Stop Loss : 109.69 | ||
GOLD
| Commentary : Gold spiked down sharply in previous session as U.S. released inflation data with positive numbers. Today pair made intraday high at $1,823 and low $1,813 mark. A day chart is up but H1 chart is confirming bearish trend for the time being. A sustained close above $1,822 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,815 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 | 1822 | S1 | 1812 |
| R2 | 1827 | S2 | 1807 |
| R3 | 1832 | S3 | 1799 |
| R4 | 1840 | S4 | 1792 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1822 | Sell Below : 1815 | ||
| – Take Profit : 1828 | – Take Profit : 1808 | ||
| – Stop Loss : 1817 | – Stop Loss : 1822 | ||
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