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SpanishDAILY ANALYSIS REPORT AUGUST 01 2022
AUD / USD
| Commentary : The Aussie moves directionless on Monday and stabilizes below $0.7000 mark. Today pair made intraday high at $0.6999 and low at $0.6968 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7002 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6970 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 | 0.7002 | S1 | 0.6970 |
| R2 | 0.7030 | S2 | 0.6940 |
| R3 | 0.7055 | S3 | 0.6915 |
| R4 | 0.7076 | S4 | 0.6901 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 0.7002 | Sell Below : 0.6970 | ||
| – Take Profit: 0.7030 | – Take Profit: 0.6938 | ||
| – Stop Loss : 0.6978 | – Stop Loss: 0.6996 | ||
EUR / USD
| Commentary : The euro trades flat on Monday ahead of Final Manufacturing PMI data and hovers around $1.0230 mark. Today the pair made intraday high at $1.0241 and low at $1.0205 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.0240 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0190 on H1 chart 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 | 1.0240 | S1 | 1.0190 |
| R2 | 1.0262 | S2 | 1.0165 |
| R3 | 1.0278 | S3 | 1.0140 |
| R4 | 1.0299 | S4 | 1.0100 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.0240 | Sell Below : 1.0210 | ||
| – Take Profit : 1.0272 | – Take Profit : 1.0182 | ||
| – Stop Loss : 1.0212 | – Stop Loss : 1.0240 | ||
GBP / USD
| Commentary : The sterling trades almost flat on Monday ahead of Final Manufacturing PMI data and stabilizes below $1.2200 mark. Today pair made intraday high at $1.2198 and low at $1.2156 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.2199 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2162 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 | 1.2199 | S1 | 1.2162 |
| R2 | 1.2215 | S2 | 1.2150 |
| R3 | 1.2240 | S3 | 1.2121 |
| R4 | 1.2268 | S4 | 1.2102 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2205 | Sell Below : 1.2162 | ||
| – Take Profit : 1.2240 | – Take Profit : 1.2130 | ||
| – Stop Loss : 1.2170 | – Stop Loss : 1.2190 | ||
USD / CAD
| Commentary : The CAD trades in narrow range on Monday as Banks in some provinces observe holiday and will remain close. Today the pair made intraday high at 1.2820 and low at 1.2794 mark. Today a day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above 1.2815 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2790 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 | 1.2822 | S1 | 1.2790 |
| R2 | 1.2850 | S2 | 1.2762 |
| R3 | 1.2865 | S3 | 1.2740 |
| R4 | 1.2899 | S4 | 1.2715 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2820 | Sell Below : 1.2790 | ||
| – Take Profit : 1.2850 | – Take Profit : 1.2765 | ||
| – Stop Loss: 1.2850 | – Stop Loss : 1.2815 | ||
USD / JPY
| Commentary : The Japanese yen starts a new week on a positive note and hits highest level since June 16, 2022. The pair made intraday high at 133.55 and low at 132.05 mark. The triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above 132.90 on H1 chart requires for the upside rally. Alternatively, a consistent close below 132.40 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 | 132.90 | S1 | 132.00 |
| R2 | 133.15 | S2 | 131.78 |
| R3 | 133.40 | S3 | 131.50 |
| R4 | 133.72 | S4 | 131.22 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 132.92 | Sell Below : 131.99 | ||
| – Take Profit : 133.26 | – Take Profit: 131.52 | ||
| – Stop Loss : 132.51 | – Stop Loss: 132.32 | ||
GOLD
| Commentary : Gold starts a new day on a lower note and hovers around $1,760 mark ahead of Final Manufacturing PMI data. Today the pair made intraday high at $1,766 and low at $1,759 mark. Today a day chart is down and H1 chart with triple EMA suggests 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 $1,756 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 | 1770 | S1 | 1756 |
| R2 | 1774 | S2 | 1752 |
| R3 | 1780 | S3 | 1747 |
| R4 | 1786 | S4 | 1742 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1767 | Sell Below : 1756 | ||
| – Take Profit : 1774 | – Take Profit : 1749 | ||
| – Stop Loss : 1760 | – Stop Loss : 1763 | ||
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