Commentary : The Aussie depreciates drastically after Australia’s Employment Change data released with negative numbers. Today pair made intraday high at $0.7341 and low at $0.7295 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $0.7340 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7290 will check further supports.
Indicators
H1
Trends
Down Trend
Moving Average (Period=75)
Above MA
RSI (Period=26)
Above RSI LEVEL 50
FIBO Levels
PIVOT
–
R1
0.7340
S1
0.7290
R2
0.7376
S2
0.7267
R3
0.7402
S3
0.7221
R4
0.7432
S4
0.7200
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 0.7341
Sell Below : 0.7292
– Take Profit : 0.7368
– Take Profit : 0.7270
– Stop Loss : 0.7315
– Stop Loss : 0.7321
EUR / USD
Commentary : The Euro fell sharply in previous session as U.S. released job data with positive numbers and currently stabilizes below $1.1500 mark. Today pair made intraday high at $1.1487 and low at $1.1464. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1485 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1468 on H1 chart will check further supports.
Indicators
H1
Trends
Down Trend
Moving Average (Period=75)
Above MA
RSI (Period=26)
Above RSI LEVEL 50
FIBO Levels
PIVOT
–
R1
1.1490
S1
1.1462
R2
1.1522
S2
1.1427
R3
1.1540
S3
1.1401
R4
1.1575
S4
1.1378
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.1490
Sell Below : 1.1458
– Take Profit : 1.1521
– Take Profit : 1.1432
– Stop Loss : 1.1465
– Stop Loss : 1.1481
GBP / USD
Commentary : The sterling falls drastically after robust U.S. CPI data and slips below $1.34 mark. Today pair made intraday high at $1.3419 and low at $1.3392 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.3437 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3390 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
1.3437
S1
1.3390
R2
1.3472
S2
1.3368
R3
1.3490
S3
1.3340
R4
1.3518
S4
1.3315
BUY
SELL
Buy Above : 1.3425
Sell Below : 1.3378
– Take Profit : 1.3451
– Take Profit : 1.3340
– Stop Loss : 1.3391
– Stop Loss : 1.3408
USD / CAD
Commentary : The CAD weakens noticeably and hits lowest level since Oct 08, 2021. The pair made intraday high at 1.2511 and low at 1.2472 mark. Today a day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2527 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2485 on H1 chart will check key supports too. Today CAD movement will be limited as most of the banks are having holiday today.
Indicators
H1
Trends
Up Trend
Moving Average (Period=75)
Above MA
RSI (Period=26)
Above RSI LEVEL 50
FIBO Levels
PIVOT
–
R1
1.2527
S1
1.2485
R2
1.2562
S2
1.2455
R3
1.2585
S3
1.2427
R4
1.2612
S4
1.2402
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 1.2527
Sell Below : 1.2477
– Take Profit : 1.2550
– Take Profit : 1.2454
– Stop Loss : 1.2499
– Stop Loss : 1.2501
USD / JPY
Commentary : The Japanese weakens sharply in early Asian and jumps back above 114.00 mark. The pair made intraday high at 114.08 and low at 113.81 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 114.26 on H1 chart requires for the upside rally. Alternatively, a consistent close below 113.80 on H1 chart 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
114.26
S1
113.80
R2
114.54
S2
113.62
R3
114.78
S3
113.38
R4
115.15
S4
113.00
BUY
SELL
Trade Idea
Trade Idea
Buy Above : 114.26
Sell Below : 113.72
– Take Profit : 114.52
– Take Profit : 113.40
– Stop Loss : 113.90
– Stop Loss : 114.00
GOLD
Commentary : Gold rose sharply despite higher than expected U.S. CPI data and touched $1,868 mark in previous session. Today pair made intraday high at $1,853 and low at $1,842 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $1,852 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,840 will check further supports.
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