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SpanishDAILY ANALYSIS REPORT APRIL 18 2022
AUD / USD
| Commentary : The Aussie falls sharply on Monday after China’s mixed economic data as Australia and China both are the closest trading partners. Today pair made intraday high at $0.7403 and low at $0.7360 mark. Aday chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $0.7410 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7350 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 | 0.7410 | S1 | 0.7350 |
| R2 | 0.7438 | S2 | 0.7322 |
| R3 | 0.7476 | S3 | 0.7298 |
| R4 | 0.7499 | S4 | 0.7272 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7405 | Sell Below : 0.7340 | ||
| – Take Profit : 0.7438 | – Take Profit : 0.7302 | ||
| – Stop Loss : 0.7375 | – Stop Loss : 0.7372 | ||
EUR / USD
| Commentary : The euro trades slightly lower on Monday and slips back below $1.0800 mark. The pair made intraday high at $1.0821 and low at $1.0793 mark. Today triple EMA on a day chart and H1 chart suggest down trend for the time being. Aconsistent close above $1.0820 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0770 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 | 1.0820 | S1 | 1.0770 |
| R2 | 1.0848 | S2 | 1.0740 |
| R3 | 1.0876 | S3 | 1.0715 |
| R4 | 1.0904 | S4 | 1.0700 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0822 | Sell Below : 1.0778 | ||
| – Take Profit : 1.0850 | – Take Profit : 1.0741 | ||
| – Stop Loss : 1.0790 | – Stop Loss : 1.0805 | ||
GBP / USD
| Commentary : The Sterling depreciates on Monday and hovers around $1.3030 mark. Today pair made intraday high at $1.3064 and low at $1.3025 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.3057 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3015 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 | 1.3072 | S1 | 1.3015 |
| R2 | 1.3099 | S2 | 1.3001 |
| R3 | 1.3122 | S3 | 1.2978 |
| R4 | 1.3150 | S4 | 1.2950 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3058 | Sell Below : 1.3015 | ||
| – Take Profit : 1.3090 | – Take Profit : 1.2988 | ||
| – Stop Loss : 1.3030 | – Stop Loss : 1.3038 | ||
USD / CAD
| Commentary : The CAD trades noticeably lower against U.S. dollar and remains well supported above 1.2630 mark. Today a day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2650 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2601 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 | 1.2664 | S1 | 1.2590 |
| R2 | 1.2689 | S2 | 1.2555 |
| R3 | 1.2715 | S3 | 1.2530 |
| R4 | 1.2742 | S4 | 1.2501 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2650 | Sell Below : 1.2602 | ||
| – Take Profit : 1.2676 | – Take Profit : 1.2571 | ||
| – Stop Loss : 1.2620 | – Stop Loss : 1.2630 | ||
USD / JPY
| Commentary : The Japanese yen continues to fall sharply against U.S. dollar and touches 126.79 mark In opening hours. The pair made intraday high at 126.79 and low at 126.23 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 126.94 on H1 chart requires for the upside rally. Alternatively, a consistent close below 126.10 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 | 126.94 | S1 | 126.10 |
| R2 | 127.15 | S2 | 125.84 |
| R3 | 127.50 | S3 | 125.55 |
| R4 | 127.78 | S4 | 125.21 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 126.82 | Sell Below : 126.20 | ||
| – Take Profit : 127.20 | – Take Profit : 125.89 | ||
| – Stop Loss : 126.57 | – Stop Loss : 126.54 | ||
GOLD
| Commentary : Gold starts a new week on a positive note and touches $1,988 mark in early Asia. Today pair made intraday high at $1,988 and low at $1,972 mark. Aday chart and H1 chart with triple EMA suggest up trend for the time being. Asustained close above $1,990 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,976 on H1 chart will test further supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1991 | S1 | 1976 |
| R2 | 1996 | S2 | 1970 |
| R3 | 2002 | S3 | 1964 |
| R4 | 2008 | S4 | 1957 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1991 | Sell Below : 1976 | ||
| – Take Profit : 1997 | – Take Profit : 1970 | ||
| – Stop Loss : 1984 | – Stop Loss : 1984 | ||
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