1. Economic Calendar
Time Currency News Impact Expectation
03:05 am AUD RBA KentSpeech High -
04:30 pm AUD Chicago Fed
National Activity
IndexAPR
Medium 0.35
08:00 pm USD FedBostic Speech High -
2. AUD/USD TREND: NEUTRAL
Technical Outlook:
AUD/USDstartedthe newsessionona higherlow with strong buyingmomentum.A daily close
above 0.7100 will bring more gains in the spot.
Indicators Daily chart Status
RSI 49 Bearish
STOCHASTIC 59.11 Bullish
MACD Below midline Bearish
200 EMA 0.7273 Bearish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY 0.7090 0.7120 0.7150 0.7060
3. NZD/USD TREND: NEUTRAL
Technical Outlook:
NZD/USDextendsthe previousweeksgainsandheadingtowards0.6500. The formationof green
candle onthe daily chart indicates the presence of buyers
Indicators Daily chart Status
RSI 48.90 Bearish
STOCHASTIC 67.98 Bullish
MACD Below midline Bearish
200 EMA 0.6779 Bearish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY 0.6450 0.6480 0.6510 0.6420
4. EUR/USD TREND: NEUTRAL
Technical Outlook:
EUR/USDputsits strong footon the first trading session,while approachingthe 1.0600 mark. We
expectmore gainsin the coming fewsessions.
Indicators Daily chart Status
RSI 48.54 Bearish
STOCHASTIC 81.40 Bullish
MACD Below midline Bearish
200 EMA 1.1186 Bearish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY 1.0590 1.0620 1.0650 1.0560
.
5. GBP/USD TREND: NEUTRAL
Technical Outlook:
GBP/USDlooksstrongon the daily chart as it capturedthe crucial 1.2500 mark. Anacceptance above
1.2550 will extendfurthergainsin the Spot.
Indicators Daily chart Status
RSI 49.32 Bearish
STOCHASTIC 80.49 Bullish
MACD Below midline Bearish
200 EMA 1.3228 Bearish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY 1.2545 1.2575 1.2605 1.2515
6. USD/JPY TREND: NEUTRAL
Technical Outlook:
USD/JPYstartedthe newsessionona lower note the price continuedto consolidate below 128.0 for
the past fewsessions.Tradercan openshortposition withstrict stoploss.
Indicators Daily chart Status
RSI 46.14 Bullish
STOCHASTIC 7.27 Bearish
MACD Above midline Bullish
200 EMA 118.40 Bullish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 127.30 127.00 126.70 127.60
7. USD/CAD TREND: NEUTRAL
Technical Outlook:
On daily chart, USD/CADcontinue its correction fromthe highs of 1.3051 and is aboutto break
1.2800. Traderscan sell fromthe current price followingstrict stoploss.
Indicators Daily chart Status
RSI 48.94 Bearish
STOCHASTIC 24.25 Bearish
MACD Above midline Bullish
200 EMA 1.2678 Bullish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 1.2800 1.2770 1.2740 1.2830
8. USD/CHF TREND: NEUTRAL
Technical Outlook:
In today’ssession, USD/CHFbreaksbelow 0.9800. The strongselling momentumits trade near
crucial supportlevel,a breakwill bring more lossesin the pair.
Indicators Daily chart Status
RSI 47.30 Bearish
STOCHASTIC 5.77 Bearish
MACD Above midline Bullish
200 EMA 0.9356 Bullish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 0.9720 0.9690 0.9660 0.9750
9. GOLD TREND: NEUTRAL
Technical Outlook:
On the daily chart, XAU/USDextendsthe previous week’sgainsandattemptsto cross above $1850.
The formation of greencandle on the daily chart indicates the presence of buyers.
Indicators Daily chart Status
RSI 45.36 Bearish
STOCHASTIC 53.57 Bullish
MACD Below midline Bearish
200 EMA $1,856.65 Bearish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY $1850 $1860 $1870 $1,840
