English
Arabic
Chinese (Simplified)
Dutch
French
German
Italian
Portuguese
Russian
SpanishDAILY ANALYSIS REPORT APRIL-19-2021
AUD / USD
| Commentary : The Aussie recovers early Asian hour’s losses and touches $0.7735 mark in opening hours. The pair made intraday high at $0.7735 and low at $0.7706 mark. Today triple EMA with a day and H1 chart confirm 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 $0.7712 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 | 0.7757 | S2 | 0.7677 |
| R3 | 0.7770 | S3 | 0.7638 |
| R4 | 0.7790 | S4 | 0.7602 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7750 | Sell Below : 0.7702 | ||
| – Take Profit : 0.7772 | – Take Profit : 0.7677 | ||
| – Stop Loss : 0.7710 | – Stop Loss : 0.7740 | ||
EUR / USD
| Commentary : The euro trades almost flat on Monday and hovers around $1.1950 mark. The pair made intraday high at $1.1977 and low at $1.1942. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1989 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1940 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 | 1.1940 |
| R2 | 1.2050 | S2 | 1.1927 |
| R3 | 1.2090 | S3 | 1.1901 |
| R4 | 1.2128 | S4 | 1.1872 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1980 | Sell Below : 1.1940 | ||
| – Take Profit : 1.2005 | – Take Profit : 1.1901 | ||
| – Stop Loss : 1.1950 | – Stop Loss : 1.1976 | ||
GBP / USD
| Commentary : The pound rises noticeably on Monday and touches $1.3857 mark on Monday. The pair made intraday high at $1.3857 and low at $1.3809 mark. A day chart and H1 Chart with triple EMA confirm bullish trend for the time being. A sustained close above $1.3862 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.3815 on H1 will check further supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3862 | S1 | 1.3809 |
| R2 | 1.3900 | S2 | 1.3790 |
| R3 | 1.3927 | S3 | 1.3752 |
| R4 | 1.3948 | S4 | 1.3715 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.3862 | Sell Below : 1.3820 | ||
| – Take Profit : 1.3900 | – Take Profit : 1.3790 | ||
| – Stop Loss : 1.3820 | – Stop Loss : 1.3850 | ||
USD / CAD
| Commentary : The Canadian dollar exhibits range bound movement and stabilizes above 1.25 mark. The pair made intraday high at 1.2528 and low at 1.2503 mark. A day chart and H1 Chart with triple EMA confirm bearish trend for the time being. A sustained close above 1.2521 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2486 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 | 1.2528 | S1 | 1.2500 |
| R2 | 1.2560 | S2 | 1.2468 |
| R3 | 1.2592 | S3 | 1.2450 |
| R4 | 1.2610 | S4 | 1.2410 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2530 | Sell Below : 1.2490 | ||
| – Take Profit : 1.2560 | – Take Profit : 1.2450 | ||
| – Stop Loss : 1.2500 | – Stop Loss : 1.2530 | ||
USD / JPY
| Commentary : The Japanese yen rises gradually against U.S. dollar and stabilizes around 108.50 mark in opening hours. The pair made intraday high at 108.83 and low at 108.54 mark. The triple EMA on a day chart is bullish while H1 chart confirms bearish trend for the time being. A sustained close above 108.80 on H1 chart requires for the upside rally. Alternatively, a consistent close below 108.62 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 | 108.80 | S1 | 108.54 |
| R2 | 109.20 | S2 | 108.38 |
| R3 | 109.42 | S3 | 108.12 |
| R4 | 109.87 | S4 | 107.85 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 108.80 | Sell Below : 108.50 | ||
| – Take Profit : 109.05 | – Take Profit : 108.12 | ||
| – Stop Loss : 108.50 | – Stop Loss : 108.80 | ||
GOLD
| Commentary : The gold starts a new week on a positive note and consolidates around $1,780 mark. Today pair made intraday high at $1,783 and low $1,773 mark. This is the highest level since Feb 18, 2021. A day chart suggests slightly bearish trend while H1 chart with triple EMA confirms up trend for the time being. A sustained close above $1,781 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,772 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 | 1783 | S1 | 1772 |
| R2 | 1789 | S2 | 1767 |
| R3 | 1794 | S3 | 1762 |
| R4 | 1799 | S4 | 1754 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1783 | Sell Below : 1772 | ||
| – Take Profit : 1789 | – Take Profit : 1767 | ||
| – Stop Loss : 1775 | – Stop Loss : 1780 | ||
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.