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SpanishDAILY ANALYSIS REPORT DECEMBER 20 2021
AUD / USD
| Commentary : The Aussie depreciates in early Asian hours and trading above $0.71 mark. Today pair made intraday high at $0.7133 and low at $0.7108 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $0.7130 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7101 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 | 0.7130 | S1 | 0.7101 |
| R2 | 0.7155 | S2 | 0.7080 |
| R3 | 0.7172 | S3 | 0.7062 |
| R4 | 0.7199 | S4 | 0.7040 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7130 | Sell Below : 0.7101 | ||
| – Take Profit : 0.7155 | – Take Profit : 0.7075 | ||
| – Stop Loss : 0.7109 | – Stop Loss : 0.7123 | ||
EUR / USD
| Commentary : The Euro starts a new week on a flat note ahead of Euro’s Current account data and trading around $1.1250 mark. The pair made intraday high at $1.1250 and low at $1.1234 mark. Today triple EMA on a day chart and H1 chart suggest down trend for the time being. A consistent close above $1.1254 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1220 on H1 chart will check further supports. | |||
| Indicators | H1 | ||
| Trends | Donw Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.1254 | S1 | 1.1220 |
| R2 | 1.1276 | S2 | 1.1200 |
| R3 | 1.1299 | S3 | 1.1178 |
| R4 | 1.1315 | S4 | 1.1150 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1254 | Sell Below : 1.1230 | ||
| – Take Profit : 1.1280 | – Take Profit : 1.1203 | ||
| – Stop Loss : 1.1232 | – Stop Loss : 1.1251 | ||
GBP / USD
| Commentary : The sterling falls in early Asian hours and remains well supported below $1.3250 mark. Today pair made intraday high at $1.3245 and low at $1.3221 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.3250 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3210 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 | 1.3250 | S1 | 1.3210 |
| R2 | 1.3276 | S2 | 1.3180 |
| R3 | 1.3290 | S3 | 1.3165 |
| R4 | 1.3312 | S4 | 1.3140 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3241 | Sell Below : 1.3210 | ||
| – Take Profit : 1.3268 | – Take Profit : 1.3180 | ||
| – Stop Loss : 1.3222 | – Stop Loss : 1.3232 | ||
USD / CAD
| Commentary : The CAD weakens on Monday and touches 1.2900 mark. The pair made intraday high at 1.2904 and low at 1.2877 mark. Today a day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above 1.2920 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2865 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 | 1.2920 | S1 | 1.2865 |
| R2 | 1.2950 | S2 | 1.2850 |
| R3 | 1.2976 | S3 | 1.2830 |
| R4 | 1.2999 | S4 | 1.2801 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2910 | Sell Below : 1.2873 | ||
| – Take Profit : 1.2940 | – Take Profit : 1.2841 | ||
| – Stop Loss : 1.2878 | – Stop Loss : 1.2899 | ||
USD / JPY
| Commentary : The Japanese yen trades marginally higher on Monday and hovers around 113.50 mark. The pair made intraday high at 113.71 and low at 113.46 mark. The triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above 113.91 on H1 chart requires for the upside rally. Alternatively, a consistent close below 113.50 on H1 chart will check further key supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 113.91 | S1 | 113.50 |
| R2 | 114.26 | S2 | 113.22 |
| R3 | 114.58 | S3 | 113.00 |
| R4 | 114.76 | S4 | 112.76 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 13.76 | Sell Below : 113.37 | ||
| – Take Profit : 113.99 | – Take Profit : 113.12 | ||
| – Stop Loss : 113.50 | – Stop Loss : 113.60 | ||
GOLD
| Commentary : The gold starts a new day on a positive note and trading around $1,800 mark. Today pair made intraday high at $1,802 and low at $1,798 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1,805 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,796 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 | 1809 | S1 | 1792 |
| R2 | 1814 | S2 | 1787 |
| R3 | 1820 | S3 | 1782 |
| R4 | 1826 | S4 | 1776 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1805 | Sell Below : 1798 | ||
| – Take Profit : 1810 | – Take Profit : 1791 | ||
| – Stop Loss : 1799 | – Stop Loss : 1804 | ||
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