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SpanishDAILY ANALYSIS REPORT AUGUST 19 2022
AUD / USD
| Commentary: The Aussie weakens noticeably against U.S. dollar and hover around $0.6900 mark. Today pair made intraday high at $0.6919 and low at $0.6888 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $0.6930 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6890 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 | 0.6930 | S1 | 0.6890 |
| R2 | 0.6951 | S2 | 0.6862 |
| R3 | 0.6976 | S3 | 0.6840 |
| R4 | 0.7002 | S4 | 0.6812 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 0.6930 | Sell Below: 0.6898 | ||
| – Take Profit: 0.6955 | – Take Profit: 0.6865 | ||
| – Stop Loss: 0.6902 | – Stop Loss: 0.6922 | ||
EUR / USD
| Commentary : The euro starts a new day on a lower note ahead of Euro Zone’s German PPI results and stabilizes below $1.0100 mark. Today the pair made intraday high at $1.0092 and low at $1.0069 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.0098 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0062 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 | 1.0162 |
| R2 | 1.0226 | S2 | 1.0127 |
| R3 | 1.0250 | S3 | 1.0105 |
| R4 | 1.0278 | S4 | 1.0086 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.0098 | Sell Below: 1.0062 | ||
| – Take Profit : 1.0130 | – Take Profit: 1.0030 | ||
| – Stop Loss : 1.0065 | – Stop Loss: 1.0096 | ||
GBP / USD
| Commentary : The sterling falls in early Asian ahead of U.K.’s Retail Sales data and slips back below $1.1900 mark. Today pair made intraday high at $1.1935 and low at $1.1893 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1.1930 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1890 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 | 1.1930 | S1 | 1.1890 |
| R2 | 1.1957 | S2 | 1.1855 |
| R3 | 1.1972 | S3 | 1.1830 |
| R4 | 1.1999 | S4 | 1.1804 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 1.1930 | Sell Below: 1.1890 | ||
| – Take Profit: 1.1972 | – Take Profit: 1.1856 | ||
| – Stop Loss: 1.1902 | – Stop Loss: 1.1920 | ||
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 | 1.2970 | S1 | 1.2930 |
| R2 | 1.2999 | S2 | 1.2902 |
| R3 | 1.3015 | S3 | 1.2878 |
| R4 | 1.3050 | S4 | 1.2850 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 1.2974 | Sell Below: 1.2940 | ||
| – Take Profit: 1.3001 | – Take Profit: 1.2912 | ||
| – Stop Loss: 1.2950 | – Stop Loss: 1.2968 | ||
USD / JPY
| Commentary: The Japanese yen continues to trade lower on Friday despite Japan released National Core CPI data with flat numbers. The pair made intraday high at 136.37 and low at 135.71 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 136.50 on H1 chart requires for the upside rally. Alternatively, a consistent close below 135.90 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 | 136.50 | S1 | 135.72 |
| R2 | 136.78 | S2 | 135.50 |
| R3 | 137.02 | S3 | 135.22 |
| R4 | 137.30 | S4 | 135.04 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 136.50 | Sell Below: 134.68 | ||
| – Take Profit: 136.89 | – Take Profit: 134.30 | ||
| – Stop Loss: 136.15 | – Stop Loss: 136.30 | ||
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 | 1762 | S1 | 1747 |
| R2 | 1768 | S2 | 1742 |
| R3 | 1772 | S3 | 1737 |
| R4 | 1778 | S4 | 1732 |
| BUY | SELL | ||
 | | ||
| Buy Above: 1758 | Sell Below: 1750 | ||
| – Take Profit: 1764 | – Take Profit: 1744 | ||
| – Stop Loss: 1752 | – Stop Loss: 1755 | ||
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