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SpanishDAILY ANALYSIS REPORT AUGUST 26 2022
AUD / USD
| Commentary: The Aussie failed to find support above $0.6990 mark and currently hovers around $0.6970 mark. Today pair made intraday high at $0.6982 and low at $0.6953 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.6990 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6950 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 | 0.6990 | S1 | 0.6950 |
| R2 | 0.7012 | S2 | 0.6922 |
| R3 | 0.7030 | S3 | 0.6901 |
| R4 | 0.7055 | S4 | 0.6878 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 0.6990 | Sell Below: 0.6955 | ||
| – Take Profit: 0.7022 | – Take Profit: 0.6930 | ||
| – Stop Loss: 0.6965 | – Stop Loss: 0.6981 | ||
EUR / USD
| Commentary : The euro moves in narrow range ahead of German GFK Consumer Climate Data and consolidates around $0.9970 mark. Today the pair made intraday high at $0.9977 and low at $0.9962 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $0.9980 on H1 chart requires for the upside rally. Alternatively, a sustained close below $0.9955 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 | 0.9980 | S1 | 0.9955 |
| R2 | 1.0022 | S2 | 0.9930 |
| R3 | 1.0052 | S3 | 0.9912 |
| R4 | 1.0078 | S4 | 0.9898 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 0.9986 | Sell Below: 0.9958 | ||
| – Take Profit : 1.0018 | – Take Profit: 0.9930 | ||
| – Stop Loss : 0.9955 | – Stop Loss: 0.9986 | ||
GBP / USD
| Commentary : The sterling remains almost unchanged on Friday amid empty Economic calendar of the U.K. Today pair made intraday high at $1.1838 and low at $1.1805 mark. Aday chart is down and H1 chart with triple EMA suggests slightly up trend for the time being. A sustained close above $1.1840 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 | 1.1840 | S1 | 1.1802 |
| R2 | 1.1862 | S2 | 1.1780 |
| R3 | 1.1878 | S3 | 1.1755 |
| R4 | 1.1896 | S4 | 1.1721 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 1.1840 | Sell Below: 1.1814 | ||
| – Take Profit: 1.1872 | – Take Profit: 1.1780 | ||
| – Stop Loss: 1.1805 | – Stop Loss: 1.1840 | ||
USD / CAD
| Commentary: The CAD depreciates on Friday and stabilizes around 1.2950 mark. Today the pair made intraday high at 1.2956 and low at 1.2922 mark. Today a day chart is up and H1 chart with triple EMA suggests bearish trend for the time being. Asustained close above 1.2958 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2922 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 | 1.2958 | S1 | 1.2922 |
| R2 | 1.2999 | S2 | 1.2901 |
| R3 | 1.3015 | S3 | 1.2878 |
| R4 | 1.3042 | S4 | 1.2852 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 1.2962 | Sell Below: 1.2930 | ||
| – Take Profit: 1.2991 | – Take Profit: 1.2899 | ||
| – Stop Loss: 1.2937 | – Stop Loss: 1.2955 | ||
USD / JPY
| Commentary: The Japanese yen trades marginally lower despite robust Tokyo Core CPI data. The pair made intraday high at 136.79 and low at 136.41 mark. The triple EMAon a day chart is up and H1 chart suggests bearish trend for the time being. Asustained close above 136.90 on H1 chart requires for the upside rally. Alternatively, a consistent close below 136.50 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 | 136.90 | S1 | 136.50 |
| R2 | 137.12 | S2 | 136.22 |
| R3 | 137.30 | S3 | 136.01 |
| R4 | 137.62 | S4 | 135.80 |
| BUY | SELL | ||
 |  | ||
| Buy Above: 136.90 | Sell Below: 136.50 | ||
| – Take Profit: 137.40 | – Take Profit: 136.18 | ||
| – Stop Loss: 136.60 | – Stop Loss: 136.80 | ||
GOLD
| Commentary : Gold moves in narrow range on Friday and hovers around $1,755 mark ahead of U.S. Personal Income/Spending data and Fed Chair Powell’s Speech. Today the pair made intraday high at $1,758 and low at $1,752 mark. Today a day chart is down and H1 chart with triple EMA suggests bullish trend for the time being. Asustained close above $1,758 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,752 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 | 1758 | S1 | 1749 |
| R2 | 1762 | S2 | 1744 |
| R3 | 1768 | S3 | 1740 |
| R4 | 1774 | S4 | 1736 |
| BUY | SELL | ||
 | | ||
| Buy Above: 1760 | Sell Below: 1751 | ||
| – Take Profit: 1767 | – Take Profit: 1744 | ||
| – Stop Loss: 1754 | – Stop Loss: 1758 | ||
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