Daily Technical Analysis Report

1. DAILY REPORT
Economic Calendar
Time Currency News Impact Expectation
01:00 PM EUR Balance of Trade
Mar
Medium 19.8B
04:15 PM CAD Housing Start Apr Medium -
04:30 PM USD NY Empire State
Manufacturing
Index May
Medium 15
06:00 pm GBP BoE Monetary
Policy Report
Hearings
High 6.2%

2. DAILY REPORT
AUD/USD TREND: Bearish
Technical Outlook:
AUD/USD Started the session on a muted note with lower directional bias. The price trades below 0.6900
and look pressured to trade toward higher levels.
Indicators Daily chart Status
RSI 34 Bearish
STOCHASTIC 14 Bearish
MACD Below midline Bearish
200 EMA 0.7310 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 0.6890 0.6860 0.6830 0.6920

3. DAILY REPORT
NZD/USD TREND: Bearish
Technical Outlook:
On the daily chart, NZD/USD displayed tiring momentum every time the spot attempted to move higher.
The pair holds near two-year lows below 0.6250. Every rise is a sell opportunity.
Indicators Daily chart Status
RSI 27 Bearish
STOCHASTIC 8 Bearish
MACD Below midline Bearish
200 EMA 0.6790 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 0.6240 0.6210 0.6180 0.6270

4. DAILY REPORT
EUR/USD TREND: Bearish
Technical Outlook:
EUR/USD breaks below 1.0400 level too amid panic selling mode in the previous week. The spot tested
four-year lows and still remains vulnerable. The technical set up on the daily frame still points for
downside.
Indicators Daily chart Status
RSI 29 Bearish
STOCHASTIC 17 Bearish
MACD Below midline Bearish
200 EMA 1.1210 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 1.0400 1.0370 1.0340 1.0430
.

5. DAILY REPORT
GBP/USD TREND: Bearish
Technical Outlook:
GBP/USD continues to trade in the downside momentum. The spot hovers near two-year lows with very
limited upside reversal momentum. A sell on rise is the current trading status.
Indicators Daily chart Status
RSI 28 Bearish
STOCHASTIC 18 Bearish
MACD Below midline Bearish
200 EMA 1.3210 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 1.2240 1.2210 1.2180 1.2270

6. DAILY REPORT
USD/JPY TREND: Neutral
Technical Outlook:
USD/JPY still trading higher on the daily chart. As the bulls refuse to come down the spot trades in a very
tight range, keeping an eye on previous week’s high at 131.36.
Indicators Daily chart Status
RSI 55 Bullish
STOCHASTIC 38 Bearish
MACD Above midline Bullish
200 EMA 118.05 Bullish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY 129.0 129.30 129.60 128.70

7. DAILY REPORT
USD/CAD TREND: Bullish
Technical Outlook:
On daily chart, the spot retreats from the highs of 1.3078 made in the previous week. The spot started
the day on a higher note up nearly 100-pip. A daily close above 1.3000 could push the prize higher to test
1.3070 in coming few sessions.
Indicators Daily chart Status
RSI 60 Bullish
STOCHASTIC 68 Bullish
MACD Above midline Bullish
200 EMA 1.2750 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 1.2960 1.2990 1.3020 1.2930

8. DAILY REPORT
USD/CHF TREND: Bullish
Technical Outlook:
USD/CHF tested three-year high above 1.0025. The pair continuously rising for the second straight
month. The consolidation near higher levels would be a good Launchpad for further gains.
Indicators Daily chart Status
RSI 81 Bullish
STOCHASTIC 93 Bullish
MACD Above midline Bullish
200 EMA 0.9310 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 1.0020 1.0050 1.0080 0.9980

9. DAILY REPORT
GOLD TREND: Bearish
Technical Outlook:
On the daily chart, XAU/USD slips below $1,800 for the first time since February, below the critical
200/Day EMA (Exponential Moving Average). More downside could be expected in the yellow metal if
not able to give a closing above $1,820.
Indicators Daily chart Status
RSI 29 Bearish
STOCHASTIC 6 Bearish
MACD Below midline Bearish
200 EMA $1,845 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL $1,810 $1,800 $1,790 $1,820