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SpanishDAILY ANALYSIS REPORT AUGUST 18 2022
AUD / USD
| Commentary: The Aussie remains volatile in early Asia after mixed Employment Change data and hovers around $0.6930 mark. Today pair made intraday high at $0.6950 and low at $0.6925 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $0.6951 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6922 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 | 0.6951 | S1 | 0.6922 |
| R2 | 0.6976 | S2 | 0.6900 |
| R3 | 0.7002 | S3 | 0.6881 |
| R4 | 0.7022 | S4 | 0.6862 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 0.6951 | Sell Below: 0.6922 | ||
| – Take Profit: 0.6980 | – Take Profit: 0.6890 | ||
| – Stop Loss: 0.6922 | – Stop Loss: 0.6948 | ||
EUR / USD
| Commentary : The euro exhibits range bound movement and hovers around $1.0170 mark ahead of Euro Zone’s CPI results. Today the pair made intraday high at $1.0193 and low at $1.0169 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 $1.0155 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 | 1.0190 | S1 | 1.0155 |
| R2 | 1.0226 | S2 | 1.0127 |
| R3 | 1.0250 | S3 | 1.0105 |
| R4 | 1.0278 | S4 | 1.0086 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.0191 | Sell Below: 1.0160 | ||
| – Take Profit : 1.0222 | – Take Profit: 1.0121 | ||
| – Stop Loss : 1.0155 | – Stop Loss: 1.0176 | ||
GBP / USD
| Commentary : The sterling weakened sharply in previous session as U.K. released CPI data with positive numbers. Today pair made intraday high at $1.2060 and low at $1.2030 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1.2050 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2020 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 | 1.2050 | S1 | 1.2020 |
| R2 | 1.2076 | S2 | 1.1982 |
| R3 | 1.2090 | S3 | 1.1955 |
| R4 | 1.2115 | S4 | 1.1930 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 1.2062 | Sell Below: 1.2022 | ||
| – Take Profit: 1.2090 | – Take Profit: 1.1990 | ||
| – Stop Loss: 1.2030 | – Stop Loss: 1.2052 | ||
USD / CAD
| Commentary : The CAD falls sharply on Thursday and remains well supported above 1.2930 mark. Today the pair made intraday high at 1.2927 and low at 1.2908 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.2940 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2898 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 | 1.2940 | S1 | 1.2898 |
| R2 | 1.2955 | S2 | 1.2872 |
| R3 | 1.2972 | S3 | 1.2850 |
| R4 | 1.3001 | S4 | 1.2821 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 1.2940 | Sell Below: 1.2900 | ||
| – Take Profit: 1.2968 | – Take Profit: 1.2872 | ||
| – Stop Loss: 1.2912 | – Stop Loss: 1.2932 | ||
USD / JPY
| Commentary: The Japanese yen remains almost unchanged on Thursday and hovers around 134.90 mark. The pair made intraday high at 135.18 and low at 134.73 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 135.12 on H1 chart requires for the upside rally. Alternatively, a consistent close below 134.80 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 | 135.22 | S1 | 134.72 |
| R2 | 135.40 | S2 | 134.50 |
| R3 | 135.65 | S3 | 134.21 |
| R4 | 135.90 | S4 | 134.02 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 135.21 | Sell Below: 134.68 | ||
| – Take Profit: 135.50 | – Take Profit: 134.30 | ||
| – Stop Loss: 134.90 | – Stop Loss: 134.90 | ||
GOLD
| Commentary : Gold trades slightly lower on Thursday ahead of U.S. Philly Fed Manufacturing Index data and hovers around $1,760 mark. Today the pair made intraday high at $1,767 and low at $1,761 mark. Today a day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1,767 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,760 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 | 1768 | S1 | 1758 |
| R2 | 1772 | S2 | 1752 |
| R3 | 1778 | S3 | 1747 |
| R4 | 1784 | S4 | 1742 |
| BUY | SELL | ||
 |
|
||
| Buy Above: 1768 | Sell Below: 1758 | ||
| – Take Profit: 1774 | – Take Profit: 1751 | ||
| – Stop Loss: 1762 | – Stop Loss: 1764 | ||
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