The economic calendar outlines upcoming news releases from major currencies and their expected impact: - Construction output data for the Eurozone is released at 1:00pm with a medium impact expected - UK CBI industrial trends survey for orders is released at 2:00pm with a medium impact expected - US Chicago Fed national activity index is released at 4:30pm with a medium impact expected - US Dallas Fed manufacturing index is released at 6:30pm with a medium impact expected

1. Economic Calendar
Time Currency News Impact Expectation
01:00 pm EUR Construction
Output YoY Feb
Medium 4.1%
02:00 pm GBP CBI Industrial
Trends Orders Apr
Medium 21
04:30 pm USD Chicago Fed
National Activity
Index Mar
Medium 0.40
06:30 pm USD Dallas Fed
Manufacturing
Index Apr
Medium 12

2. AUD/USD TREND: Bearish
Technical Outlook:
AUD/USD extends the decline as the fresh trading session begins. The pair follows the footprint of
Friday’s sell-off, a massive fall of nearly 100-pip. The strong red candlestick indicates the selling to
continue.
Indicators Daily chart Status
RSI 32 Bearish
STOCHASTIC 2.58 Bearish
MACD Above midline Bearish
200 EMA 0.7340 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 0.7170 0.7100 0.7070 0.7200

3. NZD/USD TREND: Bearish
Technical Outlook:
NZD/USD is expected to slide down on Monday as the sustained selling pressure pushed the price to
test the three-month low around 0.6590. The spot fell nearly 600-pip in the last four-session.
Indicators Daily chart Status
RSI 36 Bearish
STOCHASTIC 1.16 Bearish
MACD Below midline Bearish
200 EMA 0.6875 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 0.6600 0.6570 0.6540 0.6630

4. EUR/USD TREND: Bearish
Technical Outlook:
EUR/USD refused to stop falling as can be seen on the daily chart. The spot has breached the crucial
support of 1.0800. Now it hovers near multi-month support around 1.0770.
Indicators Daily chart Status
RSI 37 Bearish
STOCHASTIC 10 Bearish
MACD Below mid line Bearish
200 EMA 1.1235 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 1.0780 1.0750 1.0720 1.0810
.

5. GBP/USD TREND: Bearish
Technical Outlook:
GBP/USD fell sharply on Friday from the highs of 1.3037 with a fall of more than 200-pip. The spot is
on the verge to slip below the 1.2800 mark. If that happens more downside would be possible.
Indicators Daily chart Status
RSI 42 Bearish
STOCHASTIC 29 Bearish
MACD Below midline Bearish
200 EMA 1.3470 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 1.2810 1.2780 1.2750 1.2840

6. USD/JPY TREND: Bullish
Technical Outlook:
USD/JPY continues to hover in the range of 128.0 and 129.0 for the past two-three session. The pair
could fell few points before marching up.
Indicators Daily chart Status
RSI 77 Bullish
STOCHASTIC 84 Bullish
MACD Above midline Bullish
200 EMA 115 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 128.60 128.30 128.0 128.90

7. USD/CAD TREND: Bullish
Technical Outlook:
USD/CAD recovered sharply from the lows of 1.2450 in the previous session. Now, manages to hold
around 1.2730 Traders could open the long position with strict stop loss.
Indicators Daily chart Status
RSI 60 Bullish
STOCHASTIC 97 Bullish
MACD Below midline Bearish
200 EMA 1.2630 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 1.2730 1.2760 1.2790 1.2700

8. USD/CHF TREND: Bullish
Technical Outlook:
USD/CHF approaches multi-month highs around 0.9600. A daily close above 0.9650 will bring more
gains in the spot. A resurgence in the buying pressure formulate a green candlestick in today’s
session.
Indicators Daily chart Status
RSI 72 Bullish
STOCHASTIC 95 Bullish
MACD Above midline Bullish
200 EMA 0.9230 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 0.9580 0.9610 0.9640 0.9550

9. GOLD TREND: Bearish
Technical Outlook:
XAU/USD broke the downside range of predefined set of $1,920 and $1,950. Further, there is no
signs of bearish exhaustion. More downside on the cards.
Indicators Daily chart Status
RSI 41 Bearish
STOCHASTIC 0 Bearish
MACD Above midline Bullish
200 EMA $1,831 Bullish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell $1,920 $1,910 $1,900 $1,930