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SpanishDAILY ANALYSIS REPORT APRIL 14 2022
AUD / USD
| Commentary : The Aussie remains volatile after Australia’s employment change data and hovers around $0.7450 mark. Today pair made intraday high at $0.7468 and low at $0.7444 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $0.7472 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7440 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 | 0.7472 | S1 | 0.7440 |
| R2 | 0.7499 | S2 | 0.7412 |
| R3 | 0.7526 | S3 | 0.7400 |
| R4 | 0.7557 | S4 | 0.7372 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7472 | Sell Below : 0.7430 | ||
| – Take Profit : 0.7499 | – Take Profit : 0.7400 | ||
| – Stop Loss : 0.7437 | – Stop Loss : 0.7455 | ||
EUR / USD
| Commentary : The euro trades almost flat ahead of ECB’s Interest Rate Decision and trading around $1.0900 mark. The pair made intraday high at $1.0909 and low at $1.0882 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.0925 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0871 on H1 chart will check further supports. European Calendar will remain light for the day. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.0925 | S1 | 1.0871 |
| R2 | 1.0957 | S2 | 1.0850 |
| R3 | 1.0989 | S3 | 1.0822 |
| R4 | 1.1026 | S4 | 1.0801 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0930 | Sell Below : 1.0850 | ||
| – Take Profit : 1.0965 | – Take Profit : 1.0810 | ||
| – Stop Loss : 1.0900 | – Stop Loss : 1.0878 | ||
GBP / USD
| Commentary : The Sterling appreciated sharply in previous session on robust U.K. CPI results and currently trading above $1.3100 mark. Today pair made intraday high at $1.3141 and low at $1.3100 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.3150 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3115 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 | 1.3150 | S1 | 1.3115 |
| R2 | 1.3178 | S2 | 1.3089 |
| R3 | 1.3199 | S3 | 1.3072 |
| R4 | 1.3226 | S4 | 1.3050 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.315 | Sell Below : 1.3110 | ||
| – Take Profit : 1.3180 | – Take Profit : 1.3076 | ||
| – Stop Loss : 1.3122 | – Stop Loss : 1.3132 | ||
USD / CAD
| Commentary : The CAD strengthened extremely in previous session as BoC raised interest rate decision as expected. The pair made intraday high at 1.2569 and low at 1.2543 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above 1.2590 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2530 on H1 chart 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 | 1.2590 | S1 | 1.2530 |
| R2 | 1.2626 | S2 | 1.2504 |
| R3 | 1.2660 | S3 | 1.2480 |
| R4 | 1.2689 | S4 | 1.2462 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2574 | Sell Below : 1.2530 | ||
| – Take Profit : 1.2599 | – Take Profit : 1.2500 | ||
| – Stop Loss : 1.2542 | – Stop Loss : 1.2568 | ||
USD / JPY
| Commentary : The Japanese yen appreciates on Thursday and hovers around 125.22 mark. The pair made intraday high at 125.69 and low at 125.10 mark. The triple EMA on a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above 125.50 on H1 chart requires for the upside rally. Alternatively, a consistent close below 124.90 on H1 chart will check further key supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 125.72 | S1 | 124.90 |
| R2 | 125.94 | S2 | 124.62 |
| R3 | 126.12 | S3 | 124.37 |
| R4 | 126.44 | S4 | 124.12 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 125.60 | Sell Below : 125.01 | ||
| – Take Profit : 125.99 | – Take Profit : 124.62 | ||
| – Stop Loss : 125.21 | – Stop Loss : 125.30 | ||
GOLD
| Commentary : Gold starts a new day on a lower note and trading around $1,970 mark. Today pair made intraday high at $1,980 and low at $1,972 mark. A triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above $1,980 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,964 will check further supports. U.S. Retail Sales and Prelim UoM Consumer Sentiment data will remain in focus. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1984 | S1 | 1964 |
| R2 | 1989 | S2 | 1958 |
| R3 | 1994 | S3 | 1954 |
| R4 | 1999 | S4 | 1948 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1984 | Sell Below : 1964 | ||
| – Take Profit : 1991 | – Take Profit : 1956 | ||
| – Stop Loss : 1977 | – Stop Loss : 1970 | ||
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