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SpanishDAILY ANALYSIS REPORT DECEMBER 23 2021
AUD / USD
| Commentary : The Aussie spikes up sharply and jumps back above $0.72 mark. Today pair made intraday high at $0.7219 and low at $0.7199 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7222 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7187 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 | 0.7222 | S1 | 0.7180 |
| R2 | 0.7240 | S2 | 07155 |
| R3 | 0.7267 | S3 | 0.7130 |
| R4 | 0.7290 | S4 | 0.7101 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7222 | Sell Below : 0.7181 | ||
| – Take Profit : 0.7250 | – Take Profit : 0.7158 | ||
| – Stop Loss : 0.7197 | – Stop Loss : 0.7204 | ||
EUR / USD
| Commentary : The Euro trades marginally higher on Thursday and trading around $1.1340 mark. The pair made intraday high at $1.1342 and low at $1.1315 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.1360 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1320 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 | 1.1360 | S1 | 1.1320 |
| R2 | 1.1376 | S2 | 1.1290 |
| R3 | 1.1412 | S3 | 1.1262 |
| R4 | 1.1437 | S4 | 1.1240 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1350 | Sell Below : 1.1321 | ||
| – Take Profit : 1.1372 | – Take Profit : 1.129 | ||
| – Stop Loss : 1.1327 | – Stop Loss : 1.1342 | ||
GBP / USD
| Commentary : The sterling appreciated sharply in previous session despite lower than expected Current account and Final GDP results. Today pair made intraday high at $1.3360 and low at $1.3338 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.3365 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3326 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 | 1.3370 | S1 | 1.3326 |
| R2 | 1.3399 | S2 | 1.3290 |
| R3 | 1.3415 | S3 | 1.3272 |
| R4 | 1.3440 | S4 | 1.3250 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3365 | Sell Below : 1.3332 | ||
| – Take Profit : 1.3399 | – Take Profit : 1.3304 | ||
| – Stop Loss : 1.3337 | – Stop Loss : 1.3358 | ||
USD / CAD
| Commentary : The CAD rose sharply in previous session and currently hovers around 1.2850 mark ahead of Canada’s GDP results. The pair made intraday high at 1.2853 and low at 1.2829 mark. Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above 1.2855 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2831 on H1 chart will check key supports too. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2855 | S1 | 1.2826 |
| R2 | 1.2874 | S2 | 1.2800 |
| R3 | 1.2900 | S3 | 1.2777 |
| R4 | 1.2918 | S4 | 1.2752 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2860 | Sell Below : 1.2827 | ||
| – Take Profit : 1.2885 | – Take Profit : 1.2802 | ||
| – Stop Loss : 1.2830 | – Stop Loss : 1.2852 | ||
USD / JPY
| Commentary : The Japanese yen trades flat on Thursday but remains well supported above 114.00 mark. The pair made intraday high at 114.21 and low at 114.05 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 114.31 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 | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 114.31 | 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 : 114.38 | Sell Below : 114.01 | ||
| – Take Profit : 114.60 | – Take Profit : 113.76 | ||
| – Stop Loss : 114.15 | – Stop Loss : 114.22 | ||
GOLD
| Commentary : The gold strengthened sharply after U.S. Final GDP and Existing home sales data released yesterday. Today pair made intraday high at $1,808 and low at $1,803 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1,811 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,798 will check further supports. U.S. will release Personal Income, Personal Spending, Durable Goods Orders and Core Durable Goods Orders results at 1330 GMT/1900 IST. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1811 | S1 | 1798 |
| R2 | 1816 | S2 | 1792 |
| R3 | 1822 | S3 | 1787 |
| R4 | 1827 | S4 | 1781 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1809 | Sell Below : 799 | ||
| – Take Profit : 1815 | – Take Profit : 1792 | ||
| – Stop Loss : 1804 | – Stop Loss : 1805 | ||
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