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SpanishDAILY ANALYSIS REPORT APRIL 19 2022
AUD / USD
| Commentary : The Aussie trades marginally higher on Tuesday and remains well supported above $0.7350 mark. Today pair made intraday high at $0.7368 and low at $0.7343 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $0.7372 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7340 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 | 0.7380 | S1 | 0.7340 |
| R2 | 0.7412 | S2 | 0.7315 |
| R3 | 0.7450 | S3 | 0.7298 |
| R4 | 0.7476 | S4 | 0.7272 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7380 | Sell Below : 0.7340 | ||
| – Take Profit : 0.7412 | – Take Profit : 0.7302 | ||
| – Stop Loss : 0.7351 | – Stop Loss : 0.7372 | ||
EUR / USD
| Commentary : The euro weakens on Tuesday and remains well supported below $1.0800 mark. The pair made intraday high at $1.0788 and low at $1.0761 mark. Today triple EMA on a day chart and H1 chart suggest down trend for the time being. A consistent close above $1.0790 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0750 on H1 chart will check further supports. European Calendar will remain empty 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 | 1.0790 | S1 | 1.0750 |
| R2 | 1.0820 | S2 | 1.0715 |
| R3 | 1.0848 | S3 | 1.0700 |
| R4 | 1.0876 | S4 | 1.0682 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0794 | Sell Below : 1.0752 | ||
| – Take Profit : 1.0826 | – Take Profit : 1.0715 | ||
| – Stop Loss : 1.0760 | – Stop Loss : 1.0775 | ||
GBP / USD
| Commentary : The Sterling remains slightly volatile on Tuesday and hovers around $1.3000 mark. Today pair made intraday high at $1.3018 and low at $1.2989 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.3022 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2989 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 | 1.3022 | S1 | 1.2989 |
| R2 | 1.3050 | S2 | 1.2962 |
| R3 | 1.3072 | S3 | 1.2940 |
| R4 | 1.3099 | S4 | 1.2911 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3022 | Sell Below : 1.2986 | ||
| – Take Profit : 1.3048 | – Take Profit : 1.2955 | ||
| – Stop Loss : 1.3000 | – Stop Loss : 1.3010 | ||
USD / CAD
| Commentary : The CAD strengthens on Tuesday and slips back below 1.2600 mark. The pair made intraday high at 1.2635 and low at 1.2580 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above 1.2612 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2572 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 | 1.2612 | S1 | 1.2572 |
| R2 | 1.2640 | S2 | 1.2555 |
| R3 | 1.2672 | S3 | 1.2530 |
| R4 | 1.2690 | S4 | 1.2501 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2612 | Sell Below : 1.2572 | ||
| – Take Profit : 1.2640 | – Take Profit : 1.2538 | ||
| – Stop Loss : 1.258 | – Stop Loss : 1.2600 | ||
USD / JPY
| Commentary : The Japanese yen falls drastically against U.S. dollar after dovish comments from Japan’s Finance Minister and hits lowest level since May 2002. The pair made intraday high at 127.80 and low at 126.96 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 128.05 on H1 chart requires for the upside rally. Alternatively, a consistent close below 126.90 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 | 128.05 | S1 | 126.90 |
| R2 | 128.36 | S2 | 126.54 |
| R3 | 128.59 | S3 | 126.22 |
| R4 | 128.95 | S4 | 126.00 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 128.05 | Sell Below : 127.31 | ||
| – Take Profit : 128.50 | – Take Profit : 126.90 | ||
| – Stop Loss : 127.56 | – Stop Loss : 127.65 | ||
GOLD
| Commentary : Gold failed to find support above $1,998 mark and currently stabilizes below $1,980 mark. Today pair made intraday high at $1,979 and low at $1,974 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1,984 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,972 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 | 1984 | S1 | 1976 |
| R2 | 1989 | S2 | 1967 |
| R3 | 1994 | S3 | 1962 |
| R4 | 2000 | S4 | 1957 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1984 | Sell Below : 1972 | ||
| – Take Profit : 1991 | – Take Profit : 1964 | ||
| – Stop Loss : 1977 | – Stop Loss : 1978 | ||
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