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SpanishDAILY ANALYSIS REPORT APRIL 11 2022
AUD / USD
| Commentary : The Aussie falls noticeably against U.S. dollar and stabilizes below $0.7450 mark. Today pair made intraday high at $0.7465 and low at $0.7417 mark. A day chart is up and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $0.7461 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7420 will check further supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 0.7461 | S1 | 0.7420 |
| R2 | 0.7499 | S2 | 0.7401 |
| R3 | 0.7530 | S3 | 0.7378 |
| R4 | 0.7555 | S4 | 0.7350 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7460 | Sell Below : 0.7420 | ||
| – Take Profit : 0.7490 | – Take Profit : 0.7390 | ||
| – Stop Loss : 0.7425 | – Stop Loss : 0.7448 | ||
EUR / USD
| Commentary : The euro opens gap up on Monday and remains well supported around $1.0900 mark. The pair made intraday high at $1.0919 and low at $1.0875 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.0922 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0854 on H1 chart will check further supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.0922 | S1 | 1.0854 |
| R2 | 1.0940 | S2 | 1.0812 |
| R3 | 1.0976 | S3 | 1.0800 |
| R4 | 1.1005 | S4 | 1.0776 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0922 | Sell Below : 1.0861 | ||
| – Take Profit : 1.0950 | – Take Profit : 1.0822 | ||
| – Stop Loss : 1.0888 | – Stop Loss : 1.0899 | ||
GBP / USD
| Commentary : The Sterling depreciates on Monday ahead of various key economic indicators and hovers around $1.3010 mark. Today pair made intraday high at $1.3039 and low at $1.3008 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.3050 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3001 will check further supports. U.K.’s economic Calendar will remain empty for the day. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3050 | S1 | 1.3001 |
| R2 | 1.3076 | S2 | 1.2978 |
| R3 | 1.3099 | S3 | 1.2944 |
| R4 | 1.3130 | S4 | 1.2910 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3040 | Sell Below : 1.3000 | ||
| – Take Profit : 1.3076 | – Take Profit : 1.2972 | ||
| – Stop Loss : 1.3015 | – Stop Loss : 1.3022 | ||
USD / CAD
| Commentary : The CAD falls on Monday and jumps back above 1.2600 mark. The pair made intraday high at 1.2617 and low at 1.2562 mark. Today a day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2620 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2580 on H1 chart will check key supports too. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2626 | S1 | 1.2580 |
| R2 | 1.2650 | S2 | 1.2555 |
| R3 | 1.2678 | S3 | 1.2540 |
| R4 | 1.2699 | S4 | 1.2510 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2620 | Sell Below : 1.2580 | ||
| – Take Profit : 1.2652 | – Take Profit : 1.255 | ||
| – Stop Loss : 1.2584 | – Stop Loss : 1.2612 | ||
USD / JPY
| Commentary : The Japanese yen starts a new week on a lower note and touches 125.00 mark in opening hours. The pair made intraday high at 125.00 and low at 124.28 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 125.04 on H1 chart requires for the upside rally. Alternatively, a consistent close below 124.40 on H1 chart will check further key supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 125.04 | S1 | 124.00 |
| R2 | 125.30 | S2 | 123.76. |
| R3 | 125.58 | S3 | 123.50 |
| R4 | 125.80 | S4 | 123.21 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 125.12 | Sell Below : 124.40 | ||
| – Take Profit : 125.51 | – Take Profit : 124.01 | ||
| – Stop Loss : 124.62 | – Stop Loss : 124.78 | ||
GOLD
| Commentary : Gold trades slightly lower on Monday and remains well supported below $1,950 mark. Today pair made intraday high at $1,950 and low at $1,950 mark. A triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above $1,948 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,936 will check further supports. U.S. session will remain almost empty for the day. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1954 | S1 | 1936 |
| R2 | 1960 | S2 | 1930 |
| R3 | 1967 | S3 | 1926 |
| R4 | 1974 | S4 | 1920 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1948 | Sell Below : 1936 | ||
| – Take Profit : 1954 | – Take Profit : 1930 | ||
| – Stop Loss : 1941 | – Stop Loss : 1941 | ||
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