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SpanishDAILY ANALYSIS REPORT DECEMBER 09 2021
AUD / USD
| Commentary : The Aussie trades almost flat on Thursday and stabilizes above $0.7150 mark. Today pair made intraday high at $0.7172 and low at $0.7157 mark. A day chart is down and H1 chart with tripleEMA suggests up trend for the time being. A sustained close above $0.7190 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7148 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 | 0.7190 | S1 | 0.7148 |
| R2 | 0.7222 | S2 | 0.7115 |
| R3 | 0.7240 | S3 | 0.7090 |
| R4 | 0.7262 | S4 | 0.7070 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7190 | Sell Below : 0.7150 | ||
| – Take Profit : 0.7222 | – Take Profit : 0.7128 | ||
| – Stop Loss : 0.7162 | – Stop Loss : 0.7172 | ||
EUR / USD
| Commentary : The Euro appreciated sharply in previous session and jumped back above $1.1300 mark. The pair made intraday high at $1.1345 and low at $1.1330 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.1350 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1310 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 | 1.1350 | S1 | 1.1310 |
| R2 | 1.1376 | S2 | 1.1272 |
| R3 | 1.1399 | S3 | 1.1248 |
| R4 | 1.1427 | S4 | 1.1221 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1350 | Sell Below : 1.1322 | ||
| – Take Profit : 1.1377 | – Take Profit : 1.1297 | ||
| – Stop Loss : 1.1332 | – Stop Loss : 1.1340 | ||
GBP / USD
| Commentary : The sterling weakens sharply against U.S. dollar as rising infections of Omicron variant put pressure on the U.K. economy and likely to have new restrictions of Covid too. Today pair made intraday high at $1.3211 and low at $1.3193 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1.3220 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3190 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 | 1.3220 | S1 | 1.3190 |
| R2 | 1.3252 | S2 | 1.3168 |
| R3 | 1.3278 | S3 | 1.3140 |
| R4 | 1.3299 | S4 | 1.3102 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3220 | Sell Below : 1.3189 | ||
| – Take Profit : 1.3245 | – Take Profit : 1.3161 | ||
| – Stop Loss : 1.3194 | – Stop Loss : 1.3215 | ||
USD / CAD
| Commentary : The CAD depreciated sharply after BoC’s Interest Rate Decision and dovish monetary Policy Statements. The pair made intraday high at 1.2667 and low at 1.2645 mark. Today a day chart is up and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above 1.2672 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2614 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 | 1.2672 | S1 | 1.2600 |
| R2 | 1.2692 | S2 | 1.2582 |
| R3 | 1.2715 | S3 | 1.2555 |
| R4 | 1.2740 | S4 | 1.2528 |
| BUY | SELL | ||
 | | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2672 | Sell Below : 1.2640 | ||
| – Take Profit : 1.2699 | – Take Profit : 1.2616 | ||
| – Stop Loss : 1.2647 | – Stop Loss : 1.2664 | ||
USD / JPY
| Commentary : The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.12% to 96.01 points. USD/JPY: The Japanese yen falls gradually against U.S. dollar despite robust BSI Manufacturing Index data. The pair made intraday high at 113.81 and low at 113.59 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 113.91 on H1 chart requires for the upside rally. Alternatively, a consistent close below 113.60 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 | 113.91 | S1 | 113.30 |
| R2 | 114.26 | S2 | 112.90 |
| R3 | 114.58 | S3 | 112.62 |
| R4 | 114.76 | S4 | 112.37 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 113.90 | Sell Below : 113.57 | ||
| – Take Profit : 114.26 | – Take Profit : 113.32 | ||
| – Stop Loss : 113.60 | – Stop Loss : 113.81 | ||
GOLD
| Commentary : The Gold exhibits range bound movement and remains well supported above $1,780 mark. Today pair made intraday high at $1,785 and low at $1,782 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1,789 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,781 will check further supports. U.S. Calendar is almost 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 | 1792 | S1 | 1782 |
| R2 | 1799 | S2 | 1776 |
| R3 | 1804 | S3 | 1772 |
| R4 | 1809 | S4 | 1764 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1789 | Sell Below : 1781 | ||
| – Take Profit : 1796 | – Take Profit : 1775 | ||
| – Stop Loss : 1784 | – Stop Loss : 1787 | ||
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