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SpanishDAILY ANALYSIS REPORT APRIL 25 2022
AUD / USD
| Commentary : The Aussie starts a new week on a lower note and hits lowest level since March 15, 2022. Today pair made intraday high at $0.7250 and low at $0.7174 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $0.7222 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7170 will check further supports. Australian banks will be closed in observance of Anzac Day. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 0.7250 | S1 | 0.7170 |
| R2 | 0.7272 | S2 | 0.7150 |
| R3 | 0.7299 | S3 | 0.7115 |
| R4 | 0.7326 | S4 | 0.7100 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7222 | Sell Below : 0.7170 | ||
| – Take Profit : 0.7252 | – Take Profit : 0.7132 | ||
| – Stop Loss : 0.7190 | – Stop Loss : 0.7205 | ||
EUR / USD
| Commentary : The Euro weakens on Monday and slips back below $1.0800 mark. The pair made intraday high at $1.0815 and low at $1.0777 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.0815 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0768 on H1 chart 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 | 1.0815 | S1 | 1.0768 |
| R2 | 1.0840 | S2 | 1.0726 |
| R3 | 1.0872 | S3 | 1.0701 |
| R4 | 1.0899 | S4 | 1.0681 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0815 | Sell Below : 1.0768 | ||
| – Take Profit : 1.0850 | – Take Profit : 1.0740 | ||
| – Stop Loss : 1.0780 | – Stop Loss : 1.0797 | ||
GBP / USD
| Commentary : The Sterling spikes down in opening hours and hits lowest level since Sept 2020 mark. Today pair made intraday high at $1.2843 and low at $1.2791 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.2850 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2797 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 | 1.2850 | S1 | 1.2792 |
| R2 | 1.2872 | S2 | 1.2795 |
| R3 | 1.2897 | S3 | 1.2750 |
| R4 | 1.2926 | S4 | 1.2722 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2850 | Sell Below : 1.2790 | ||
| – Take Profit : 1.2878 | – Take Profit : 1.2762 | ||
| – Stop Loss : 1.2815 | – Stop Loss : 1.2815 | ||
USD / CAD
| Commentary : The CAD falls sharply against U.S. dollar ahead of BoC Gov Macklem’s speech and hits lowest level since March 16, 2022. Today the pair made intraday high at 1.2743 and low at 1.2696 mark. Today a day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above 1.2750 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2700 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 | 1.2750 | S1 | 1.2700 |
| R2 | 1.2772 | S2 | 1.2681 |
| R3 | 1.2799 | S3 | 1.2650 |
| R4 | 1.2830 | S4 | 1.2612 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2750 | Sell Below : 1.2700 | ||
| – Take Profit : 1.2790 | – Take Profit : 1.2671 | ||
| – Stop Loss : 1.2718 | – Stop Loss : 1.2722 | ||
USD / JPY
| Commentary : The Japanese yen exhibits range bound movement but remains well supported above 128.00 mark. The pair made intraday high at 128.86 and low at 128.23 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 128.77 on H1 chart requires for the upside rally. Alternatively, a consistent close below 127.90 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 | 128.90 | S1 | 127.90 |
| R2 | 129.14 | S2 | 127.65 |
| R3 | 129.40 | S3 | 127.38 |
| R4 | 129.72 | S4 | 127.22 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 128.91 | Sell Below : 128.50 | ||
| – Take Profit : 129.28 | – Take Profit : 127.48 | ||
| – Stop Loss : 128.50 | – Stop Loss : 128.38 | ||
GOLD
| Commentary : Gold depreciates sharply on Monday on rising U.S. dollar and hits lowest level since April 06, 2022. Today pair made intraday high at $1,934 and low at $1,915 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1,932 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,912 on H1 chart will test further supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1932 | S1 | 1912 |
| R2 | 1938 | S2 | 1906 |
| R3 | 1942 | S3 | 1901 |
| R4 | 1948 | S4 | 1894 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1928 | Sell Below : 1912 | ||
| – Take Profit : 1934 | – Take Profit : 1906 | ||
| – Stop Loss : 1921 | – Stop Loss : 1919 | ||
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