Commentary : The Aussie trades almost flat during Friday Asian hours and stabilizes around $0.7750 mark. The pair made intraday high at $0.7747 and low at $0.7736 mark. A day chart is bullish while H1 chart with triple EMA confirms bearish trend for the time being. A sustained close above $0.7755 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7720 will check further supports.
Indicators
H1
Trends
Down Trend
Moving Average (Period=75)
Below MA
RSI (Period=26)
BelowRSI LEVEL 50
FIBO Levels
PIVOT
–
R1
0.7755
S1
0.7720
R2
0.7772
S2
0.7690
R3
0.7790
S3
0.7662
R4
0.7837
S4
0.7637
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 0.7755
Sell Below : 0.7721
– Take Profit : 0.7776
– Take Profit : 0.7698
– Stop Loss : 0.7732
– Stop Loss : 0.7746
EUR / USD
Commentary : The euro trades marginally lower on Friday and remains well supported below $1.22 mark. Today pair made intraday high at $1.2195 and low at $1.2181. Today triple EMA on a day chart is up but H1 chart suggests bearish trend for the time being. A consistent close above $1.2205 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2180 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
1.2205
S1
1.2180
R2
1.2228
S2
1.2164
R3
1.2262
S3
1.2132
R4
1.2290
S4
1.2100
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.2215
Sell Below : 1.2172
– Take Profit : 1.2240
– Take Profit : 1.2140
– Stop Loss : 1.2180
– Stop Loss : 1.2205
GBP / USD
Commentary : The Sterling appreciates sharply against U.S. dollar and hovers around $1.42 mark. The pair made intraday high at $1.4208 and low at $1.4182 mark. A day chart as well as H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above $1.4211 on H1 chart will check key resistances. Alternatively, a consistent close below $1.4150 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
1.4211
S1
1.4150
R2
1.4230
S2
1.4115
R3
1.4267
S3
1.4090
R4
1.4296
S4
1.4070
BUY
SELL
Buy Above : 1.4205
Sell Below : 1.4172
– Take Profit : 1.4230
– Take Profit : 1.4147
– Stop Loss : 1.4180
– Stop Loss : 1.4201
USD / CAD
Commentary :The Canadian dollar exhibits range bound movement and stabilizes below 1.21 mark. Today pair made intraday high at 1.2088 and low at 1.2060 mark. Today a day and H1 chart with Triple EMA confirms down trend for the time being. A sustained close above 1.2090 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2064 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
1.2090
S1
1.2064
R2
1.2140
S2
1.2042
R3
1.2172
S3
1.2015
R4
1..2204
S4
1.2000
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.2090
Sell Below : 1.2060
– Take Profit : 1.2112
– Take Profit : 1.2036
– Stop Loss : 1.2071
– Stop Loss : 1.2087
USD / JPY
Commentary : the Japanese yen falls sharply against U.S. dollar and hovers around 110.00 mark. The pair made intraday high at 109.95 and low at 109.73 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 109.92 on H1 chart requires for the upside rally. Alternatively, a consistent close below 109.70 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
110.02
S1
109.70
R2
110.24
S2
109.47
R3
110.55
S3
109.15
R4
110.78
S4
108.82
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 109.98
Sell Below : 109.65
– Take Profit : 110.22
– Take Profit : 109.38
– Stop Loss : 109.71
– Stop Loss : 109.95
GOLD
Commentary : Gold reverses previous gain and remains well supported below $1,900 mark. Today pair made intraday high at $1,898 and low $1,892 mark. A day chart is up while H1 chart with triple EMA confirms slightly bearish trend for the time being. A sustained close above $1,902 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,887 will check further supports.
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