English
Arabic
Chinese (Simplified)
Dutch
French
German
Italian
Portuguese
Russian
SpanishDAILY ANALYSIS REPORT APRIL-15-2021
AUD / USD
| Commentary : The Aussie weakens sharply against major peers after Australia’s job results. The pair made intraday high at $0.7745 and low at $0.7705 mark. Today triple EMA with a day chart suggests bearish trend but H1 chart confirms bullish trend for the time being. A sustained close above $0.7740 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7702 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 | 0.7740 | S1 | 0.7702 |
| R2 | 0.7770 | S2 | 0.7677 |
| R3 | 0.7790 | S3 | 0.7638 |
| R4 | 0.7812 | S4 | 0.7602 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7730 | Sell Below : 0.7702 | ||
| – Take Profit : 0.7770 | – Take Profit : 0.7677 | ||
| – Stop Loss : 0.7702 | – Stop Loss : 0.7735 | ||
EUR / USD
| Commentary : The euro trades marginally higher against U.S. dollar and touches $1.1990 mark in Asian hours. The pair made intraday high at $1.1990 and low at $1.1969. Today triple EMA on a day chart suggests bearish trend while H1 chart signals up trend for the time being. A consistent close above $1.1989 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1970 on H1 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 | 1.1989 | S1 | 1.1970 |
| R2 | 1.2050 | S2 | 1.1948 |
| R3 | 1.2090 | S3 | 1.1927 |
| R4 | 1.2128 | S4 | 1.1901 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1990 | Sell Below : 1.1960 | ||
| – Take Profit : 1.2028 | – Take Profit : 1.1927 | ||
| – Stop Loss : 1.1960 | – Stop Loss : 1.1985 | ||
GBP / USD
| Commentary : The pound remains volatile on Thursday and remains well supported above $1.3750 mark. The pair made intraday high at $1.3794 and low at $1.3764 mark. A day chart with triple EMA confirms slightly bearish trend while H1 chart suggests slightly bullish trend in short run. A sustained close above $1.3790 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.3765 on H1 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 | 1.3789 | S1 | 1.3765 |
| R2 | 1.3840 | S2 | 1.3722 |
| R3 | 1.3862 | S3 | 1.3701 |
| R4 | 1.3900 | S4 | 1.3665 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.3799 | Sell Below : 1.3758 | ||
| – Take Profit : 1.3820 | – Take Profit : 1.3722 | ||
| – Stop Loss : 1.3760 | – Stop Loss : 1.3790 | ||
USD / CAD
| Commentary : The Canadian dollar exhibits range bound movement and consolidates around 1.2520 mark. The pair made intraday high at 1.2528 and low at 1.2504 mark. A day chart and H1 Chart with triple EMA confirm bearish trend for the time being. A sustained close above 1.2540 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2505 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 | 1.2540 | S1 | 1.2500 |
| R2 | 1.2560 | S2 | 1.2468 |
| R3 | 1.2592 | S3 | 1.2450 |
| R4 | 1.2610 | S4 | 1.2422 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2540 | Sell Below : 1.2505 | ||
| – Take Profit : 1.2560 | – Take Profit : 1.2468 | ||
| – Stop Loss : 1.2505 | – Stop Loss : 1.2530 | ||
USD / JPY
| Commentary : The Japanese yen trades almost flat on Thursday and stabilizes below 109.00 mark. The pair made intraday high at 108.96 and low at 108.80 mark. The triple EMA on a day chart is bullish while H1 chart confirms bearish trend for the time being. A sustained close above 109.06 on H1 chart requires for the upside rally. Alternatively, a consistent close below 108.80 on H1 will check key supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 109.20 | S1 | 108.62 |
| R2 | 109.42 | S2 | 108.38 |
| R3 | 109.87 | S3 | 108.12 |
| R4 | 110.22 | S4 | 107.85 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 109.10 | Sell Below : 108.75 | ||
| – Take Profit : 109.38 | – Take Profit : 108.40 | ||
| – Stop Loss : 108.80 | – Stop Loss : 109.00 | ||
GOLD
| Commentary : The gold starts a new day on a positive note ahead of U.S.’s retail sales and industrial production results. Today pair made intraday high at $1,743 and low $1,734 mark. A day chart suggests slightly bearish trend while H1 chart with triple EMA is about to give crossover for the bullish trend but have to wait for the few hours for the same. A sustained close above $1,748 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,735 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 | 1748 | S1 | 1732 |
| R2 | 1754 | S2 | 1727 |
| R3 | 1762 | S3 | 1721 |
| R4 | 1767 | S4 | 1715 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1745 | Sell Below : 1735 | ||
| – Take Profit : 1752 | – Take Profit : 1728 | ||
| – Stop Loss : 1737 | – Stop Loss : 1742 | ||
Note:
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.