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SpanishDAILY ANALYSIS REPORT AUGUST 12 2022
AUD / USD
| Commentary: The Aussie trades marginally higher on Friday and jumps back above $0.7100 mark. Today pair made intraday high at $0.7116 and low at $0.7089 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $0.7130 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7090 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 | 0.7130 | S1 | 0.7090 |
| R2 | 0.7155 | S2 | 0.7065 |
| R3 | 0.7172 | S3 | 0.7040 |
| R4 | 0.7198 | S4 | 0.7012 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 0.7122 | Sell Below: 0.7089 | ||
| – Take Profit: 0.7157 | – Take Profit: 0.7062 | ||
| – Stop Loss: 0.7090 | – Stop Loss: 0.7120 | ||
EUR / USD
| Commentary : The euro trades almost flat on Friday and trading around $1.0315 mark ahead of Euro’s Industrial Production data. Today the pair made intraday high at $1.0327 and low at $1.0304 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.0330 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0298 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 | 1.0305 | S1 | 1.0298 |
| R2 | 1.0365 | S2 | 1.0270 |
| R3 | 1.0390 | S3 | 1.0255 |
| R4 | 1.0422 | S4 | 1.0230 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.0330 | Sell Below: 1.0298 | ||
| – Take Profit : 1.0356 | – Take Profit: 1.0272 | ||
| – Stop Loss : 1.0301 | – Stop Loss: 1.0322 | ||
GBP / USD
| Commentary : The sterling trades marginally higher ahead of U.K.’s Prelim GDP Results and hovers around $1.2200 mark. Today pair made intraday high at $1.2200 and low at $1.2177 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.2212 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2172 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 | 1.2221 | S1 | 1.2172 |
| R2 | 1.2250 | S2 | 1.2150 |
| R3 | 1.2272 | S3 | 1.2121 |
| R4 | 1.2299 | S4 | 1.2100 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 1.2212 | Sell Below: 1.2172 | ||
| – Take Profit: 1.2248 | – Take Profit: 1.2140 | ||
| – Stop Loss: 1.2178 | – Stop Loss: 1.2205 | ||
USD / CAD
| Commentary : The CAD strengthens noticeably against U.S. dollar and hovers around 1.2750 mark. Today the pair made intraday high at 1.2772 and low at 1.2750 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above 1.2770 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2738 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 | 1.2770 | S1 | 1.2738 |
| R2 | 1.2799 | S2 | 1.2710 |
| R3 | 1.2822 | S3 | 1.2680 |
| R4 | 1.2850 | S4 | 1.2655 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 1.2772 | Sell Below: 1.2738 | ||
| – Take Profit: 1.2800 | – Take Profit: 1.2701 | ||
| – Stop Loss: 1.2747 | – Stop Loss: 1.2765 | ||
USD / JPY
| Commentary: The Japanese yen trades in rigid boundaries on Friday and stabilizes above 133.00 mark. The pair made intraday high at 133.49 and low at 132.87 mark. The triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above 133.50 on H1 chart requires for the upside rally. Alternatively, a consistent close below 132.90 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 | 133.50 | S1 | 132.90 |
| R2 | 133.76 | S2 | 132.72 |
| R3 | 133.90 | S3 | 132.50 |
| R4 | 134.12 | S4 | 132.22 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 133.50 | Sell Below: 133.10 | ||
| – Take Profit: 133.84 | – Take Profit: 132.72 | ||
| – Stop Loss: 133.22 | – Stop Loss: 133.48 | ||
GOLD
| Commentary : Gold trades slightly higher on Friday and hovers around $1,790 mark ahead of U.S. Prelim UoM Consumer Sentiment data. Today the pair made intraday high at $1,792 and low at $1,786 mark. Today a day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1,792 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,784 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 | 1798 | S1 | 1782 |
| R2 | 1804 | S2 | 1776 |
| R3 | 1808 | S3 | 1772 |
| R4 | 1814 | S4 | 1767 |
| BUY | SELL | ||
 | | ||
| Buy Above: 1792 | Sell Below: 1782 | ||
| – Take Profit: 1798 | – Take Profit: 1776 | ||
| – Stop Loss: 1786 | – Stop Loss: 1789 | ||
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