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SpanishDAILY ANALYSIS REPORT APRIL-16-2021
AUD / USD
| Commentary : The Aussie remains volatile in early Asia and touches $0.7724 mark in opening hours. The pair made intraday high at $0.7755 and low at $0.7724 mark. Today triple EMA with a day chart just give successful crossover for the bullish trend and H1 chart has already confirming bullish trend in short run too. A sustained close above $0.7757 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7720 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 | 0.7770 | S1 | 0.7702 |
| R2 | 0.7790 | S2 | 0.7677 |
| R3 | 0.7812 | S3 | 0.7638 |
| R4 | 0.7847 | S4 | 0.7602 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7760 | Sell Below : 0.7720 | ||
| – Take Profit : 0.7790 | – Take Profit : 0.7690 | ||
| – Stop Loss : 0.7730 | – Stop Loss : 0.7750 | ||
EUR / USD
| Commentary : The euro moves in stiff boundaries against U.S. dollar and remains well supported below $1.2000 mark. The pair made intraday high at $1.1974 and low at $1.1950. Today triple EMA on a day chart suggests bearish trend while H1 chart signals bullish trend for the time being. A consistent close above $1.1989 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1950 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 | 1.1950 |
| R2 | 1.2050 | S2 | 1.1927 |
| R3 | 1.2090 | S3 | 1.1901 |
| R4 | 1.2128 | S4 | 1.1872 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1990 | Sell Below : 1.1950 | ||
| – Take Profit : 1.2028 | – Take Profit : 1.1927 | ||
| – Stop Loss : 1.1960 | – Stop Loss : 1.1985 | ||
GBP / USD
| Commentary : The pound depreciates on Friday and stabilizes around $1.3750 mark. The pair made intraday high at $1.3787 and low at $1.3752 mark. A day chart and H1 Chart with triple EMA confirm bearish trend for the time being. A sustained close above $1.3790 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.3750 on H1 will check further supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3789 | S1 | 1.3750 |
| R2 | 1.3840 | S2 | 1.3722 |
| R3 | 1.3862 | S3 | 1.3701 |
| R4 | 1.3900 | S4 | 1.3665 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.3790 | Sell Below : 1.3750 | ||
| – Take Profit : 1.3820 | – Take Profit : 1.3722 | ||
| – Stop Loss : 1.3760 | – Stop Loss : 1.3790 | ||
USD / CAD
| Commentary : The Canadian dollar trades noticeably higher on Friday and remains well supported above 1.25 mark. The pair made intraday high at 1.2559 and low at 1.2531 mark. A day chart is showing down trend while H1 Chart with triple EMA confirms bullish trend for the time being. A sustained close above 1.2560 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2520 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 | 1.2520 |
| 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 : 1.2560 | Sell Below : 1.2520 | ||
| – Take Profit : 1.2590 | – Take Profit : 1.2490 | ||
| – Stop Loss : 1.2530 | – Stop Loss : 1.2555 | ||
USD / JPY
| Commentary : The Japanese yen trades marginally lower on Friday and hovers around 108.90 mark. The pair made intraday high at 108.94 and low at 108.61 mark. The triple EMA on a day chart is bullish while H1 chart confirms bearish trend for the time being. A sustained close above 109.06 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 : 109.00 | Sell Below : 108.50 | ||
| – Take Profit : 109.32 | – Take Profit : 108.26 | ||
| – Stop Loss : 108.60 | – Stop Loss : 108.90 | ||
GOLD
| Commentary : The gold spiked up sharply in previous session as U.S. released Industrial Production data with negative numbers and touched $1,769 mark. Today gold moves in rigid boundaries and stabilizes above $1,760 mark. Today pair made intraday high at $1,766 and low $1,759 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 $1,770 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,758 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 | 1770 | S1 | 1758 |
| R2 | 1776 | S2 | 1754 |
| R3 | 1782 | S3 | 1748 |
| R4 | 1789 | S4 | 1742 |
| BUY | SELL | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1770 | Sell Below : 1755 | ||
| – Take Profit : 1776 | – Take Profit : 1748 | ||
| – Stop Loss : 1757 | – Stop Loss : 1765 | ||
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