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SpanishDAILY ANALYSIS REPORT AUGUST 17 2022
AUD / USD
| Commentary: The Aussie falls in early Asian as wage price index data misses expectations and parity slips back below $0.7000 mark. Today pair made intraday high at $0.7026 and low at $0.6987 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $0.7030 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6989 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 | 0.7030 | S1 | 0.6989 |
| R2 | 0.7055 | S2 | 0.6962 |
| R3 | 0.7072 | S3 | 0.6950 |
| R4 | 0.7090 | S4 | 0.6927 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 0.7030 | Sell Below: 0.6986 | ||
| – Take Profit: 0.7060 | – Take Profit: 0.6955 | ||
| – Stop Loss: 0.7005 | – Stop Loss: 0.7012 | ||
EUR / USD
| Commentary : The euro trades almost flat on Wednesday and consolidates around $1.0170 marks. Today the pair made intraday high at $1.0179 and low at $1.0164 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.0190 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0160 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 | 1.0190 | S1 | 1.0160 |
| R2 | 1.0226 | S2 | 1.0127 |
| R3 | 1.0250 | S3 | 1.0105 |
| R4 | 1.0278 | S4 | 1.0086 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.0190 | Sell Below: 1.0150 | ||
| – Take Profit : 1.0227 | – Take Profit: 1.0122 | ||
| – Stop Loss : 1.0160 | – Stop Loss: 1.0176 | ||
GBP / USD
| Commentary : The sterling trades slightly higher on Wednesday ahead of U.K.’s CPI data and stabilizes around $1.2100 mark. Today pair made intraday high at $1.2116 and low at $1.2083 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.2115 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2086 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 | 1.2115 | S1 | 1.2086 |
| R2 | 1.2140 | S2 | 1.2072 |
| R3 | 1.2162 | S3 | 1.2050 |
| R4 | 1.2176 | S4 | 1.2027 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 1.2115 | Sell Below: 1.2087 | ||
| – Take Profit: 1.2150 | – Take Profit: 1.2055 | ||
| – Stop Loss: 1.2089 | – Stop Loss: 1.2112 | ||
USD / CAD
| Commentary : The CAD starts a new day on a lower note and hovers around 1.2850 mark. Today the pair made intraday high at 1.2859 and low at 1.2838 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above 1.2862 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2840 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 | 1.2862 | S1 | 1.2840 |
| R2 | 1.2890 | S2 | 1.2802 |
| R3 | 1.2915 | S3 | 1.2790 |
| R4 | 1.2940 | S4 | 1.2755 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 1.2862 | Sell Below: 1.2830 | ||
| – Take Profit: 1.2890 | – Take Profit: 1.2805 | ||
| – Stop Loss: 1.2840 | – Stop Loss: 1.2852 | ||
USD / JPY
| Commentary: The Japanese yen fell sharply in previous session and currently stabilizes above 134.00 mark. The pair made intraday high at 134.43 and low at 133.90 mark. The triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A sustained close above 134.38 on H1 chart requires for the upside rally. Alternatively, a consistent close below 133.90 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 | 134.52 | S1 | 133.90 |
| R2 | 134.78 | S2 | 133.62 |
| R3 | 135.10 | S3 | 133.37 |
| R4 | 135.42 | S4 | 133.12 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 134.30 | Sell Below: 133.90 | ||
| – Take Profit: 134.60 | – Take Profit: 133.56 | ||
| – Stop Loss: 134.02 | – Stop Loss: 134.21 | ||
GOLD
| Commentary : Gold exhibits range bound movement on Wednesday and hovers around $1,778 mark ahead of U.S. Retail Sales and FOMC Meeting Minutes data. Today the pair made intraday high at $1,779 and low at $1,773 mark. Today a day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1,782 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,774 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 | 1782 | S1 | 1772 |
| R2 | 1789 | S2 | 1767 |
| R3 | 1794 | S3 | 1762 |
| R4 | 1799 | S4 | 1756 |
| BUY | SELL | ||
 | | ||
| Buy Above: 1782 | Sell Below: 1774 | ||
| – Take Profit: 1789 | – Take Profit: 1768 | ||
| – Stop Loss: 1776 | – Stop Loss: 1776 | ||
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