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SpanishDAILY ANALYSIS REPORT DECEMBER 29 2021
AUD / USD
| Commentary : The Aussie remains slightly volatile in early Asia and trading around $0.7220 mark. Today pair made intraday high at $0.7235 and low at $0.7212 mark. A day chart and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $0.7240 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7202 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 | 0.7240 | S1 | 0.7202 |
| R2 | 0.7272 | S2 | 0.7181 |
| R3 | 0.7290 | S3 | 0.7165 |
| R4 | 0.7315 | S4 | 0.7140 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7240 | Sell Below : 0.7204 | ||
| – Take Profit : 0.7262 | – Take Profit : 0.7175 | ||
| – Stop Loss : 0.7212 | – Stop Loss : 0.7230 | ||
EUR / USD
| Commentary : The Euro exhibits range bound movement ahead of thin economic calendar from the Euro Zone and hovers around $1.1300 mark. The pair made intraday high at $1.1314 and low at $1.1297 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1315 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1290 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 | 1.1330 | S1 | 1.1290 |
| R2 | 1.1362 | S2 | 1.1262 |
| R3 | 1.1376 | S3 | 1.1240 |
| R4 | 1.1398 | S4 | 1.1218 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1315 | Sell Below : 1.1290 | ||
| – Take Profit : 1.1340 | – Take Profit : 1.1265 | ||
| – Stop Loss : 1.1296 | – Stop Loss : 1.1310 | ||
GBP / USD
| Commentary : The sterling strengthened slightly in previous session and touched $1.3461 mark. Today pair made intraday high at $1.3437 and low at $1.3421 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.3460 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3420 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 | 1.3460 | S1 | 1.3420 |
| R2 | 1.3478 | S2 | 1.3380 |
| R3 | 1.3499 | S3 | 1.3365 |
| R4 | 1.3521 | S4 | 1.3321 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3440 | Sell Below : 1.3409 | ||
| – Take Profit : 1.3462 | – Take Profit : 1.3380 | ||
| – Stop Loss : 1.3415 | – Stop Loss : 1.3431 | ||
USD / CAD
| Commentary : The CAD falls on Wednesday and trading above 1.2800 mark. The pair made intraday high at 1.2833 and low at 1.2808 mark. Today a day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above 1.2830 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2810 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 | 1.2830 | S1 | 1.2810 |
| R2 | 1.2855 | S2 | 1.2778 |
| R3 | 1.2878 | S3 | 1.2750 |
| R4 | 1.2899 | S4 | 1.2718 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2830 | Sell Below : 1.2804 | ||
| – Take Profit : 1.2856 | – Take Profit : 1.2781 | ||
| – Stop Loss : 1.2810 | – Stop Loss : 1.2822 | ||
USD / JPY
| Commentary : The Japanese yen trades flat on Wednesday and trading around 114.80 mark. The pair made intraday high at 114.85 and low at 114.74 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 114.90 on H1 chart requires for the upside rally. Alternatively, a consistent close below 114.50 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 | 114.90 | S1 | 114.50 |
| R2 | 115.10 | S2 | 114.22 |
| R3 | 115.37 | S3 | 114.01 |
| R4 | 115.72 | S4 | 113.78 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 114.90 | Sell Below : 114.67 | ||
| – Take Profit : 115.20 | – Take Profit : 114.37 | ||
| – Stop Loss : 114.68 | – Stop Loss : 114.95 | ||
GOLD
| Commentary : The gold spiked up in previous session and touched $1,820 mark but failed to find support over there. Today pair made intraday high at $1,807 and low at $1,804 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1,810 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,804 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 | 1810 | S1 | 1804 |
| R2 | 1816 | S2 | 1798 |
| R3 | 1822 | S3 | 1792 |
| R4 | 1827 | S4 | 1786 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1808 | Sell Below : 1801 | ||
| – Take Profit : 1814 | – Take Profit : 1795 | ||
| – Stop Loss : 1803 | – Stop Loss : 1807 | ||
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