DAILY ANALYSIS REPORT APRIL-09-2021
AUD / USD
Indicators | H1 | ||
Trends | Down Trend | ||
Moving Average (Period=75) | Below MA | ||
RIS (Period=26) | Below RIS LEVEL 50 | ||
FIBO Levels | PIVOT | ||
R1 | 0.7672 | S1 | 0.7620 |
R2 | 0.7690 | S2 | 0.7590 |
R3 | 0.7722 | S3 | 0.7540 |
R4 | 0.7740 | S4 | 0.7488 |
Conclusion | |||
Buy Above | 0.7660 | ||
– Take Profit | 0.7690 | ||
– Stop Loss | 0.7620 | ||
Sell Below | 0.7620 | ||
– Take Profit | 0.7590 | ||
– Stop Loss | 0.7660 | ||
Commentary : The Aussie moves in rigid boundaries against U.S. dollar and consolidates around $0.7627 mark. The pair made intraday high at $0.7661 and low at $0.7631 mark. Today triple EMA with a day chart is bearish while H1 chart confirms slightly up trend for the time being. A sustained close above $0.7660 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7620 will check further supports. |
EUR / USD
Indicators | H1 | ||
Trends | Down Trend | ||
Moving Average (Period=75) | Below MA | ||
RIS (Period=26) | Below RIS LEVEL 50 | ||
FIBO Levels | PIVOT | ||
R1 | 1.1922 | S1 | 1.1862 |
R2 | 1.1940 | S2 | 1.1828 |
R3 | 1.1962 | S3 | 1.1790 |
R4 | 1.2004 | S4 | 1.1758 |
Conclusion | |||
Buy Above | 1.1922 | ||
– Take Profit | 1.1940 | ||
– Stop Loss | 1.1890 | ||
Sell Below | 1.1885 | ||
– Take Profit | 1.1862 | ||
– Stop Loss | 1.1920 | ||
Commentary : The euro trades marginally lower on Friday and hovers around $1.1900 mark. The pair made intraday high at $1.1920 and low at $1.1902. Today triple EMA on a day chart suggest bearish trend while H1 chart signal slightly up trend for the time being. A consistent close above $1.1922 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1889 on H1 will check further supports. |
GBP / USD
Indicators | H1 | ||
Trends | Down Trend | ||
Moving Average (Period=75) | Below MA | ||
RIS (Period=26) | Below RIS LEVEL 50 | ||
FIBO Levels | PIVOT | ||
R1 | 1.3750 | S1 | 1.3706 |
R2 | 1.3790 | S2 | 1.3680 |
R3 | 1.3833 | S3 | 1.3648 |
R4 | 1.3860 | S4 | 1.3622 |
Conclusion | |||
Buy Above | 1.3750 | ||
– Take Profit | 1.3790 | ||
– Stop Loss | 1.3700 | ||
Sell Below | 1.3706 | ||
– Take Profit | 1.3680 | ||
– Stop Loss | 1.3740 | ||
Commentary : The pound falls gradually on Friday and trading around $1.3720 mark in Asian hours. The pair made intraday high at $1.3750 and low at $1.3721 mark. A day chart and H1 chart with triple EMA confirm bearish trend for the time being. A sustained close above $1.3750 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1.3720 will check key supports too.Supports Resistances. |
USD / CAD
Indicators | H1 | ||
Trends | Up Trend | ||
Moving Average (Period=75) | Above MA | ||
RIS (Period=26) | Above RIS LEVEL 50 | ||
FIBO Levels | PIVOT | ||
R1 | 1.2626 | S1 | 1.2555 |
R2 | 1.2640 | S2 | 1.2518 |
R3 | 1.2667 | S3 | 1.2500 |
R4 | 1.2690 | S4 | 1.2468 |
Conclusion | |||
Buy Above | 1.2610 | ||
– Take Profit | 1.2630 | ||
– Stop Loss | 1.2580 | ||
Sell Below | 1.2555 | ||
– Take Profit | 1.2518 | ||
– Stop Loss | 1.2600 | ||
Commentary : The Canadian dollar moves in stiff boundaries and hovers around 1.2600 mark in Asian hours. A day chart and H1 Chart confirm bearish trend for the time being. A sustained close above 1.2627 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2555 will check key supports too. |
USD / JPY
Indicators | H1 | ||
Trends | Up Trend | ||
Moving Average (Period=75) | Above MA | ||
RIS (Period=26) | Above RIS LEVEL 50 | ||
FIBO Levels | PIVOT | ||
R1 | 109.57 | S1 | 109.07 |
R2 | 110.22 | S2 | 108.62 |
R3 | 110.70 | S3 | 108.40 |
R4 | 110.96 | S4 | 108.00 |
Conclusion | |||
Buy Above | 109.57 | ||
– Take Profit | 109.90 | ||
– Stop Loss | 109.07 | ||
Sell Below | 109.05 | ||
– Take Profit | 108.62 | ||
– Stop Loss | 109.50 | ||
Commentary : The Japanese yen trades marginally lower on Friday and stabilizes above 109.00 mark. The pair made intraday high at 109.39 and low at 109.19 mark. The triple EMA on a day chart confirms up trend and H1 chart confirm bearish trend for the time being. A sustained close above 109.57 on H1 chart requires for the upside rally. Alternatively, a consistent close below 109.07 on H1 will check key supports. |
GOLD
Indicators | H1 | ||
Trends | Up Trend | ||
Moving Average (Period=75) | Above MA | ||
RIS (Period=26) | Above RIS LEVEL 50 | ||
FIBO Levels | PIVOT | ||
R1 | 1757 | S1 | 1747 |
R2 | 1762 | S2 | 1742 |
R3 | 1768 | S3 | 1737 |
R4 | 1776 | S4 | 1732 |
Conclusion | |||
Buy Above | 1757 | ||
– Take Profit | 1764 | ||
– Stop Loss | 1748 | ||
Sell Below | 1745 | ||
– Take Profit | 1738 | ||
– Stop Loss | 1755 | ||
Commentary : The gold appreciates sharply in previous session and touched $1,758 mark. Today gold trades slightly lower and hovers around $1,750 mark. Pair made intraday high at $1,757 and low $1,749 mark. A day chart with triple EMA confirms bearish trend while H1 chart with triple EMA confirms bullish trend for the time being. A sustained close above $1,757 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,747 will check further supports. |
Note:
This email is intended solely for the indicated recipient(s). It may contain privileged and/or confidential information. If you are not one of the intended recipients, please notify the sender immediately and destroy this email; you must not copy, distribute or take any action in reliance on the information contained within. Whilst all efforts are made to safeguard inbound and outbound emails, Swissquote cannot guarantee that attachments are virus free or compatible with your software and declines any liability in respect to viruses or computer problems experienced. Any views expressed in this message are those of the individual sender, except where specifically stated to be the view of Swissquote Bank Ltd, its subsidiaries or associates. Additionally Swissquote declines any liability connected with losses incurred on transactions based on any market information and/or opinions contained within this email. This message has been checked for all known viruses by McAfee Virus scan.
This message is sent to you by Swissquote Bank. If you no longer wish to receive this type of emails from Swissquote, please click here to unsubscribe.

Download Report in PDF
We provide every solution to start your own

TP Global FX Research Team
With a decade of Forex Market insight, TP Global FX Research Team delivers you the Market Insight that boosts your Trading Skills
Disclamer:
Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note that even knowledgeable and well-experienced investors can experience large potential losses as a result of trading in Forex and CFDs. Consequently, investors should be fully aware of all the risks involved when trading Forex and CFDs and accept all the negative consequences associated with such trading. Please always remember that trading in Forex and CFDs might not be suitable for all investors. It is desirable investors who would consider trading, to do so only with money that they can afford to lose. You are also recommended to seek independent financial advice if necessary. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. Apple, the Apple logo, iPod, iPad, iPod touch, and iTunes are trademarks of Apple Inc, registered in the US and other countries. IPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc. This site is run and operated by – TP Global Services Limited registered by FSA, St. Vincent and the Grenadines with Number 25274 BC 2019 TP Global Services Limited does not offer its services to residents of certain jurisdictions such as USA, and British Columbia.