Commentary : The Aussie rises gradually against U.S. dollar and touches $0.7761 mark in opening hours. The pair made intraday high at $0.7761 and low at $0.7746 mark. A day chart and H1 chart with triple EMA confirm bullish trend for the time being. A sustained close above $0.7772 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7740 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
0.7772
S1
0.7740
R2
0.7790
S2
0.7715
R3
0.7837
S3
0.7690
R4
0.7854
S4
0.7662
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 0.7772
Sell Below : 0.7740
– Take Profit : 0.7795
– Take Profit : 0.7718
– Stop Loss : 0.7748
– Stop Loss : 0.776
EUR / USD
Commentary :The euro rises remarkably against U.S. dollar ahead of German IFO business climate results and jumps back above $1.22 mark. Today pair made intraday high at $1.2231 and low at $1.2210. Today triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A consistent close above $1.2240 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2190 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
1.2240
S1
1.2190
R2
1.2287
S2
1.2165
R3
1.2312
S3
1.2138
R4
1.2338
S4
1.2101
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.2240
Sell Below : 1.2202
– Take Profit : 1.2272
– Take Profit : 1.2178
– Stop Loss : 1.2210
– Stop Loss : 1.2234
GBP / USD
Commentary : The Sterling appreciates sharply against U.S. dollar and stabilizes around $1.4180 mark. Later today U.K.’s realized sales and MPC member Tenreyro’s speech may bring volatility in to the GBP parity. The pair made intraday high at $1.4185 and low at $1.4147 mark. A day chart as well as H1 chart with triple EMA confirm bullish trend for the time being. A sustained close above $1.4187 on H1 chart will check key resistances. Alternatively, a consistent close below $1.4146 will drag the parity down below $1.4100 mark.
Indicators
H1
Trends
Up Trend
Moving Average (Period=75)
Above MA
RSI (Period=26)
Above RSI LEVEL 50
FIBO Levels
PIVOT
–
R1
1.4187
S1
1.4146
R2
1.4211
S2
1.4112
R3
1.4254
S3
1.4082
R4
1.4278
S4
1.4040
BUY
SELL
Buy Above : 1.4190
Sell Below : 1.4155
– Take Profit : 1.4222
– Take Profit : 1.4122
– Stop Loss : 1.4165
– Stop Loss : 1.4181
USD / CAD
Commentary : The Canadian dollar trades almost flat against U.S. dollar on Tuesday and remains well supported below 1.2050 mark. Today pair made intraday high at 1.2056 and low at 1.2039 mark. Today a day chart as well as H1 chart with Triple EMA confirm bearish trend for the time being. A sustained close above 1.2057 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2032 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
1.2057
S1
1.2032
R2
1.2090
S2
1.2002
R3
1.2140
S3
1.1978
R4
1.2172
S4
1.1944
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.2057
Sell Below : 1.2032
– Take Profit : 1.2080
– Take Profit : 1.2006
– Stop Loss : 1.2038
– Stop Loss : 1.2050
USD / JPY
Commentary : The Japanese yen continues to trade in rigid boundaries and remains well supported above 108.50 mark. The pair made intraday high at 108.86 and low at 108.68 mark. The triple EMA on a day chart is up but H1 chart suggests bearish trend for the time being. A sustained close above 108.99 on H1 chart requires for the upside rally. Alternatively, a consistent close below 108.58 on H1 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
108.99
S1
108.58
R2
109.30
S2
108.40
R3
109.55
S3
108.15
R4
109.76
S4
107.87
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 109.00
Sell Below : 108.60
– Take Profit : 109.22
– Take Profit : 108.37
– Stop Loss : 108.75
– Stop Loss : 108.92
GOLD
Commentary : Gold erases previous gain against U.S. dollar and stabilizes back below $1,880 mark. Today pair made intraday high at $1,881 and low $1,872 mark. A day chart is up but H1 chart is confirming slightly bearish trend for the time being. A sustained close above $1,882 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,872 will check further supports.
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