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SpanishDAILY ANALYSIS REPORT AUGUST 22 2022
AUD / USD
| Commentary: The Aussie recovers slightly in early Asia and hovers around $0.6900 mark ahead of Australia’s Flash PMI data due tomorrow. Today pair made intraday high at $0.6906 and low at $0.6867 mark. A day chart and H1 chart with triple EMA suggest a bearish trend for the time being. A sustained close above $0.6928 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6862 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 | 0.6928 | S1 | 0.6862 |
| R2 | 0.6950 | S2 | 0.6840 |
| R3 | 0.6976 | S3 | 0.6812 |
| R4 | 0.7002 | S4 | 0.6782 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 0.6922 | Sell Below: 0.6872 | ||
| – Take Profit: 0.6950 | – Take Profit: 0.6837 | ||
| – Stop Loss: 0.6898 | – Stop Loss: 0.6899 | ||
EUR / USD
| Commentary : The euro trades almost flat on Monday and stabilizes around $1.0041 mark. Today the pair made intraday high at $1.0046 and low at $1.0023 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.0067 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0021 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 | 1.0067 | S1 | 1.0021 |
| R2 | 1.0090 | S2 | 0.9998 |
| R3 | 1.0122 | S3 | 0.9962 |
| R4 | 1.0150 | S4 | 0.9940 |
| BUY | SELL | ||
 |
 |
||
| Buy Above : 1.0067 | Sell Below: 1.0021 | ||
| – Take Profit : 1.0099 | – Take Profit: 0.9990 | ||
| – Stop Loss : 1.0040 | – Stop Loss: 1.0050 | ||
GBP / USD
| Commentary : The sterling took a halt around $1.1790 mark and currently stabilizes around $1.1830 mark. Today pair made intraday high at $1.1836 and low at $1.1805 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1.1850 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1802 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 | 1.1850 | S1 | 1.1802 |
| R2 | 1.1872 | S2 | 1.1778 |
| R3 | 1.1899 | S3 | 1.1740 |
| R4 | 1.1926 | S4 | 1.1712 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 1.1850 | Sell Below: 1.1802 | ||
| – Take Profit: 1.1882 | – Take Profit: 1.1772 | ||
| – Stop Loss: 1.1815 | – Stop Loss: 1.1830 | ||
USD / CAD
| Commentary: The CAD enjoys roller coaster movement ahead of New Housing Price Index data and currently hovers around 1.3000 mark. Today the pair made intraday high at 1.3005 and low at 1.2982 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.3005 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2975 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 | 1.3005 | S1 | 1.2975 |
| R2 | 1.3022 | S2 | 1.2930 |
| R3 | 1.3055 | S3 | 1.2912 |
| R4 | 1.3072 | S4 | 1.2900 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 1.3005 | Sell Below: 1.2972 | ||
| – Take Profit: 1.3031 | – Take Profit: 1.2938 | ||
| – Stop Loss: 1.2982 | – Stop Loss: 1.3000 | ||
USD / JPY
| Commentary: The Japanese yen starts a new week on a lower note and stabilizes back above 137.00 mark. The pair made intraday high at 137.43 and low at 136.82 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 137.40 on H1 chart requires for the upside rally. Alternatively, a consistent close below 136.80 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 | 137.55 | S1 | 136.80 |
| R2 | 137.87 | S2 | 136.52 |
| R3 | 138.12 | S3 | 136.18 |
| R4 | 138.38 | S4 | 135.98 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 137.40 | Sell Below: 136.90 | ||
| – Take Profit: 137.72 | – Take Profit: 136.57 | ||
| – Stop Loss: 137.05 | – Stop Loss: 137.22 | ||
GOLD
| Commentary : Gold trades slightly lower on Monday and remains well supported below $1,750 mark. Today the pair made intraday high at $1,749 and low at $1,744 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,752 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,742 on H1 chart will test further supports. U.S. Economic Calendar will remain empty for the day. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1752 | S1 | 1742 |
| R2 | 1758 | S2 | 1737 |
| R3 | 1762 | S3 | 1732 |
| R4 | 1767 | S4 | 1726 |
| BUY | SELL | ||
 | | ||
| Buy Above: 1750 | Sell Below: 1744 | ||
| – Take Profit: 1756 | – Take Profit: 1736 | ||
| – Stop Loss: 1744 | – Stop Loss: 1749 | ||
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