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SpanishDAILY ANALYSIS REPORT DECEMBER 22 2021
AUD / USD
| Commentary : The Aussie trades almost flat during early Asian hours and trading around key resistance at $0.7155 mark. Today pair made intraday high at $0.7154 and low at $0.7143 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7155 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7127 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 | 0.7155 | S1 | 0.7127 |
| R2 | 0.7172 | S2 | 0.7102 |
| R3 | 0.7199 | S3 | 0.7080 |
| R4 | 0.7222 | S4 | 0.7052 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7162 | Sell Below : 0.7128 | ||
| – Take Profit : 0.7190 | – Take Profit : 0.7102 | ||
| – Stop Loss : 0.7138 | – Stop Loss : 0.7151 | ||
EUR / USD
| Commentary : The Euro starts a new day on a positive note and hovers around $1.1290 mark. The pair made intraday high at $1.1294 and low at $1.1271 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.1304 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1262 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 | 1.1304 | S1 | 1.1262 |
| R2 | 1.1326 | S2 | 1.1220 |
| R3 | 1.1340 | S3 | 1.1200 |
| R4 | 1.1376 | S4 | 1.1178 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1305 | Sell Below : 1.1260 | ||
| – Take Profit : 1.1332 | – Take Profit : 1.1230 | ||
| – Stop Loss : 1.1277 | – Stop Loss : 1.1289 | ||
GBP / USD
| Commentary : The sterling rises gradually against U.S. dollar ahead of U.K.’s Final GDP q/q data and remains well supported above $1.3250 mark. Today pair made intraday high at $1.3274 and low at $1.3250 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.3276 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3232 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 | 1.3276 | S1 | 1.3232 |
| R2 | 1.3297 | S2 | 1.3210 |
| R3 | 1.3315 | S3 | 1.3180 |
| R4 | 1.3340 | S4 | 1.3165 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3280 | Sell Below : 1.3247 | ||
| – Take Profit : 1.3315 | – Take Profit : 1.3218 | ||
| – Stop Loss : 1.3256 | – Stop Loss : 1.3271 | ||
USD / CAD
| Commentary : The CAD erases previous loss against U.S. dollar after mixed Retail Sales data and today trades marginally higher at 1.2900 mark. The pair made intraday high at 1.2924 and low at 1.2905 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.2925 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2884 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 | 1.2925 | S1 | 1.2884 |
| R2 | 1.2942 | S2 | 1.2850 |
| R3 | 1.2976 | S3 | 1.2826 |
| R4 | 1.2999 | S4 | 1.2800 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2925 | Sell Below : 1.2892 | ||
| – Take Profit : 1.2955 | – Take Profit : 1.2857 | ||
| – Stop Loss : 1.2902 | – Stop Loss : 1.2912 | ||
USD / JPY
| Commentary : The Japanese yen falls gradually against U.S. dollar and jumps back above 114.00 mark. The pair made intraday high at 114.17 and low at 113.94 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 114.20 on H1 chart requires for the upside rally. Alternatively, a consistent close below 113.86 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 | 114.20 | S1 | 113.86 |
| R2 | 114.58 | S2 | 113.65 |
| R3 | 114.76 | S3 | 113.40 |
| R4 | 115.10 | S4 | 113.21 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 114.22 | Sell Below : 113.87 | ||
| – Take Profit : 114.50 | – Take Profit : 113.61 | ||
| – Stop Loss : 113.93 | – Stop Loss : 114.11 | ||
GOLD
| Commentary : The gold remained highly volatile in previous session after news that the Biden administration is going to open federal COVID-19 testing sites in New York City this week and buy 500 million at-home rapid tests that Americans can order online for free starting in January as it tries to tackle the Omicron variant sweeping the country. Today pair made intraday high at $1,791 and low at $1,788 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1,792 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,786 will check further supports. U.S. will release Final GDP q/q data at 1330 GMT/1900 IST and existing Home sales data at 1500 GMT/2030 IST. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1792 | S1 | 1781 |
| R2 | 1799 | S2 | 1776 |
| R3 | 1804 | S3 | 1772 |
| R4 | 1809 | S4 | 1767 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1792 | Sell Below : 1784 | ||
| – Take Profit : 1797 | – Take Profit : 1778 | ||
| – Stop Loss : 1787 | – Stop Loss : 1789 | ||
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