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SpanishDAILY ANALYSIS REPORT APRIL-14-2021
AUD / USD
| Commentary : The Aussie recovers sharply from previous losses against U.S. dollar on robust Westpac Consumer Sentiment Results and remains well supported above $0.7650 mark. The pair made intraday high at $0.7668 and low at $0.7634 mark. Today triple EMA with a day chart suggests bearish trend but H1 chart confirms bullish trend for the time being. A sustained close above $0.7672 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7640 will check further supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 0.7672 | S1 | 0.7640 |
| R2 | 0.7690 | S2 | 0.7590 |
| R3 | 0.7722 | S3 | 0.7540 |
| R4 | 0.7740 | S4 | 0.7522 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7672 | Sell Below : 0.7638 | ||
| – Take Profit : 0.7702 | – Take Profit : 0.7610 | ||
| – Stop Loss : 0.7650 | – Stop Loss : 0.7670 | ||
EUR / USD
| Commentary : The euro rises gradually against U.S. dollar and hits fresh 4 – week high at $1.1964 mark. The pair made intraday high at $1.1964 and low at $1.1942. Today triple EMA on a day chart suggest bearish trend while H1 chart signals up trend for the time being. A consistent close above $1.1962 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1947 on H1 will check further supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.1989 | S1 | 1.1942 |
| R2 | 1.2050 | S2 | 1.1890 |
| R3 | 1.2090 | S3 | 1.1872 |
| R4 | 1.2128 | S4 | 1.1840 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1990 | Sell Below : 1.1940 | ||
| – Take Profit : 1.2022 | – Take Profit : 1.1910 | ||
| – Stop Loss : 1.1950 | – Stop Loss : 1.1980 | ||
GBP / USD
| Commentary : The pound appreciates on Wednesday and hovers around $1.3770 mark. The pair made intraday high at $1.3781 and low at $1.3746 mark. A day chart with triple EMA confirms slightly bearish trend while H1 chart suggests slightly bullish trend in short run. A sustained close above $1.3770 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.3722 will check further supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3789 | S1 | 1.3722 |
| R2 | 1.3840 | S2 | 1.3701 |
| R3 | 1.3862 | S3 | 1.3665 |
| R4 | 1.3900 | S4 | 1.3622 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.3782 | Sell Below : 1.3740 | ||
| – Take Profit : 1.3820 | – Take Profit : 1.3712 | ||
| – Stop Loss : 1.3750 | – Stop Loss : 1.3770 | ||
USD / CAD
| Commentary :The Canadian dollar remained highly volatile in previous session and currently stabilizes below 1.2550 mark. The pair made intraday high at 1.2547 and low at 1.2528 mark. A day chart and H1 Chart with triple EMA confirm bearish trend for the time being. A sustained close above 1.2560 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2518 will check key supports too. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2560 | S1 | 1.2518 |
| R2 | 1.2592 | S2 | 1.2500 |
| R3 | 1.2610 | S3 | 1.2468 |
| R4 | 1.2640 | S4 | 1.2450 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2550 | Sell Below : 1.2518 | ||
| – Take Profit : 1.2590 | – Take Profit : 1.2490 | ||
| – Stop Loss : 1.2525 | – Stop Loss : 1.2545 | ||
USD / JPY
| Commentary : The Japanese yen strengthens sharply against U.S. dollar and touches 108.75 mark in Asian hours. The pair made intraday high at 109.07 and low at 108.75 mark. The triple EMA on a day chart is bullish while H1 chart confirms bearish trend for the time being. A sustained close above 109.20 on H1 chart requires for the upside rally. Alternatively, a consistent close below 108.80 on H1 will check key supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 109.20 | S1 | 108.62 |
| R2 | 109.42 | S2 | 108.38 |
| R3 | 109.87 | S3 | 108.12 |
| R4 | 110.22 | S4 | 107.85 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 109.20 | Sell Below : 108.70 | ||
| – Take Profit : 109.42 | – Take Profit : 108.38 | ||
| – Stop Loss : 108.80 | – Stop Loss : 109.20 | ||
GOLD
| Commentary : The gold strengthens sharply in previous session despite higher than expected U.S. CPI, Core CPI results. Today pair made intraday high at $1,749 and low $1,740 mark. A day chart suggests slightly bearish trend while H1 chart with triple EMA confirms bullish trend for the time being. A sustained close above $1,748 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,738 will check further supports. Later today U.S. Fed Chair Powell is scheduled to speak at the Economic Club of Washington, via satellite. It will provide further directions to the parity. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1748 | S1 | 1738 |
| R2 | 1754 | S2 | 1732 |
| R3 | 1762 | S3 | 1727 |
| R4 | 1767 | S4 | 1721 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1750 | Sell Below : 1738 | ||
| – Take Profit : 1755 | – Take Profit : 1732 | ||
| – Stop Loss : 1740 | – Stop Loss : 1745 | ||
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