Commentary : The Aussie trades almost flat against U.S. dollar and hovers around $0.7722 mark. The pair made intraday high at $0.7733 and low at $0.7713 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 $0.7698 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
0.7698
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 : 0.7750
Sell Below : 0.7706
– Take Profit : 0.7776
– Take Profit : 0.7676
– Stop Loss : 0.7715
– Stop Loss : 0.7740
EUR / USD
Commentary : The euro trades marginally up on Friday ahead of ECB’s Monetary Policy Meeting Account results but stabilizes below $1.21 mark. Today pair made intraday high at $1.2088 and low at $1.2070. Today triple EMA on a day chart is bullish while H1 chart is confirming bearish Trend in short run. A consistent close above $1.2101 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2057 on H1 chart 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 : 1.2105
Sell Below : 1.2063
– Take Profit : 1.2140
– Take Profit : 1.2039
– Stop Loss : 1.2071
– Stop Loss : 1.2090
GBP / USD
Commentary : The pound moves in rigid boundaries on Friday and hovers around $1.4050 mark. The pair made intraday high at $1.4054 and low at $1.4036 mark. Today a day chart is up but H1 chart with triple EMA confirms bearish trend for the time being. A sustained close above $1.4062 requires for the upside rally. Alternatively, a consistent close below $1.4018 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
1.4062
S1
1.4018
R2
1.4096
S2
1.4002
R3
1.4142
S3
1.3985
R4
1.4170
S4
1.3942
BUY
SELL
Buy Above : 1.4067
Sell Below : 1.4031
– Take Profit : 1.4101
– Take Profit : 1.4002
– Stop Loss : 1.4037
– Stop Loss : 1.4062
USD / CAD
Commentary : The Canadian dollar fails to find support below 1.21 mark and currently trading around 1.2170 mark. Today pair made intraday high at 1.2179 and low at 1.2158 mark. A day chart is bearish but H1 chart with Triple EMA confirms bullish trend for the time being. A sustained close above 1.2189 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2148 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
1.2189
S1
1.2148
R2
1.2218
S2
1.2100
R3
1.2250
S3
1.2074
R4
1.2276
S4
1.2038
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.2189
Sell Below : 1.2154
– Take Profit : 1.2220
– Take Profit : 1.2120
– Stop Loss : 1.2168
– Stop Loss : 1.2180
USD / JPY
Commentary : The Japanese yen moves in stiff boundaries and remains well supported above 109.40 mark. The pair made intraday high at 109.65 and low at 109.40 mark. The triple EMA on a day chart and H1 chart suggests bullish trend for the time being. A sustained close above 109.72 on H1 chart requires for the upside rally. Alternatively, a consistent close below 109.40 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
109.72
S1
109.40
R2
110.00
S2
109.22
R3
110.22
S3
108.89
R4
110.58
S4
108.67
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 109.72
Sell Below : 109.38
– Take Profit : 109.96
– Take Profit : 109.10
– Stop Loss : 109.48
– Stop Loss : 109.70
GOLD
Commentary : Gold starts a new Day on a positive note and jumps back above $1,830 mark. Today pair made intraday high at $1,832 and low $1,819 mark. A day chart and H1 chart is confirming bullish trend for the time being. A sustained close above $1,840 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,822 will check further supports.
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