Daily Technical Analysis Report

1. Economic Calendar
Time Currency News Impact Expectation
02:30 am AUD S&P Global
Services PMI Final
Mar
Medium 57.9
04:00 am JPY Jibun Bank Service
PMI Final Mar
Medium 48.7
08:00 am AUD RBA Interest Rate
Decision
High 0.1%
11:30 am EUR S&P Global
Services PMI Final
Mar
Medium 55.5
12:00 pm GBP S&P Global
Services PMI Final
Mar
Medium 61
04:00 pm CAD Balance of Trade
Feb
Medium C$2.4B
04:00 pm USD Balance of Trade
Feb
Medium $-88B
05:15 pm USD S&P Global
Services PMI Final
Mar
Medium 58.9

2. AUD/USD TREND: Bullish
Technical Outlook:
AUD/USD touched the seven-month highs above 0.7600. The spot is under the formation of ‘three
white soldiers’, if that happens more upside levels can be seen.
Indicators Daily chart Status
RSI 63 Bullish
STOCHASTIC 89 Bullish
MACD Above midline Bullish
200 EMA 0.7340 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 0.7590 0.7620 0.7650 0.7560

3. NZD/USD TREND: Bullish
Technical Outlook:
ND/USD rose 30-pip in the Asian session. The spot faces rejection near 0.6980, a daily close above
the level will bring more gains in the pair.
Indicators Daily chart Status
RSI 57 Bullish
STOCHASTIC 73 Bullish
MACD Above midline Bullish
200 EMA 0.6875 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 0.6970 0.7000 0.7030 0.6940

4. EUR/USD TREND: Bearish
Technical Outlook:
On the daily chart, the pair is trading in the downside movement after tagging the highs of 1.1185. A
daily close below 1.0950 set ground for lower levels.
Indicators Daily chart Status
RSI 41 Bearish
STOCHASTIC 9 Bearish
MACD Below mid line Bearish
200 EMA 1.1420 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 1.0970 1.1010 1.1040 1.0940
.

5. GBP/USD TREND: Bearish
Technical Outlook:
GBP/USD remains pressured below 1.3300. The downside is capped near 1.3050, traders should
await a breakout of the range for aggressive bids.
Indicators Daily chart Status
RSI 42 Bearish
STOCHASTIC 27 Bearish
MACD Below midline Bearish
200 EMA 1.3470 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 1.3115 1.3145 1.3175 1.3085

6. USD/JPY TREND: Bullish
Technical Outlook:
USD/JPY trades with no clear direction as it hovers near 122.60. The spot briefly tested the lows
around 122.40 in the Asian session. A break below the mentioned level will intensify the selling
pressure.
Indicators 5-hour chart Status
RSI 69 Bullish
STOCHASTIC 62 Bullish
MACD Above midline Bullish
200 EMA 113.30 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 122.60 122.30 122.0 122.90

7. USD/CAD TREND: Bearish
Technical Outlook:
USD/CAD remains in a short-term downside momentum. The pair is hovering near the multiple
support around 1.2480. However, the technical indicator shows the bearish set up.
Indicators Daily chart Status
RSI 40 Bearish
STOCHASTIC 30 Bearish
MACD Below midline Bearish
200 EMA 1.2630 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 1.2485 1.2455 1.2425 1.2525

8. USD/CHF TREND: Neutral
Technical Outlook:
USD/CHF rose from the lows of 0.9190, the pair tested the highs of 0.9260 with limited price action.
A close above 0.9280 will bring in more gains.
Indicators Daily chart Status
RSI 47 Bearish
STOCHASTIC 29 Bearish
MACD Above midline Bullish
200 EMA 0.9215 Bullish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 0.9260 0.9290 0.9320 0.9230

9. GOLD TREND: Neutral
Technical Outlook:
XAU/USD continues to trade in a limited price action. The pair trades in a tight range of $1,920 and
$1,950 with no clear directional bias.
Indicators Daily chart Status
RSI 47 Bearish
STOCHASTIC 2 Bearish
MACD Above midline Bullish
200 EMA $1,831 Bullish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell $1.930 $1,920 $1,910 $1,920