Commentary : The Aussie rises sharply after mixed employment change data. The pair made intraday high at $0.7748 and low at $0.7716 mark. A day chart suggests bullish trend while H1 chart confirms bearish trend for the time being. A sustained close above $0.7757 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7715 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
0.7757
S1
0.7715
R2
0.7790
S2
0.7690
R3
0.7822
S3
0.7662
R4
0.7854
S4
0.7638
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 0.7760
Sell Below : 0.7710
– Take Profit : 0.7790
– Take Profit : 0.7676
– Stop Loss : 0.7737
– Stop Loss : 0.7750
EUR / USD
Commentary : The euro enjoys roller coaster movement against U.S. dollar and today the parity is trading marginally higher around $1.2180 mark. Today pair made intraday high at $1.2185 and low at $1.2168. Today triple EMA on a day is up but H1 chart suggests bearish trend for the time being. A consistent close above $1.2202 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2168 on H1 chart 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
1.2202
S1
1.2168
R2
1.2228
S2
1.2138
R3
1.2257
S3
1.2101
R4
1.2287
S4
1.2074
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.2202
Sell Below : 1.2160
– Take Profit : 1.2240
– Take Profit : 1.2128
– Stop Loss : 1.2168
– Stop Loss : 1.2196
GBP / USD
Commentary : The Sterling trades flat against U.S. dollar and stabilizes back below $1.4200 mark. The pair made intraday high at $1.4121 and low at $1.4101 mark. A day chart is showing up trend but H1 chart with triple EMA confirms bearish trend for the time being. A sustained close above $1.4140 on H1 chart will check key resistances. Alternatively, reversal from here will take the parity down below $1.4100 mark.
Indicators
H1
Trends
Down Trend
Moving Average (Period=75)
Below MA
RSI (Period=26)
Below RSI LEVEL 50
FIBO Levels
PIVOT
–
R1
1.4140
S1
1.4086
R2
1.4176
S2
1.4050
R3
1.4205
S3
1.4022
R4
1.4238
S4
1.4001
BUY
SELL
Buy Above : 1.4132
Sell Below : 1.4088
– Take Profit : 1.4154
– Take Profit : 1.405
– Stop Loss : 1.4098
– Stop Loss : 1.4120
USD / CAD
Commentary : The Canadian dollar exhibits range bound movement against U.S. dollar and remains well supported below 1.2150 mark. Today pair made intraday high at 1.2139 and low at 1.2105 mark. Today a day chart is bearish but H1 chart with Triple EMA confirms bullish trend for the time being. A sustained close above 1.2140 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2089 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
1.2140
S1
1.2089
R2
1.2172
S2
1.2048
R3
1.2198
S3
1.2002
R4
1.2218
S4
1.1978
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
USD / JPY
Commentary : The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.07% to 90.13 points. USD/JPY: The Japanese yen remains almost unchanged despite lower than expected Core Machinery orders data and flat trade balance data. The pair made intraday high at 109.30 and low at 109.09 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 109.30 on H1 chart requires for the upside rally. Alternatively, a consistent close below 108.85 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
109.30
S1
108.85
R2
109.55
S2
108.68
R3
109.76
S3
108.4
R4
110.10
S4
108.15
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 109.30
Sell Below : 109.00
– Take Profit : 109.54
– Take Profit : 108.80
– Stop Loss : 109.05
– Stop Loss : 109.20
GOLD
Commentary : Gold remained highly volatile in previous session and currently stabilizes around $1,870 mark. Today pair made intraday high at $1,879 and low $1,863 mark. A day chart and H1 chart is confirm up trend for the time being. A sustained close above $1,889 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,855 will check further supports.
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