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SpanishDAILY ANALYSIS REPORT FEBRUARY 03 2022
AUD / USD
| Commentary : The Aussie remains slightly volatile on Thursday and hovers around $0.7130 mark. Today pair made intraday high at $0.7137 and low at $0.7115 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7140 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7102 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 | 0.7158 | S1 | 0.7102 |
| R2 | 0.7182 | S2 | 0.7076 |
| R3 | 0.7210 | S3 | 0.7050 |
| R4 | 0.7240 | S4 | 0.7012 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7140 | Sell Below : 0.7102 | ||
| – Take Profit : 0.7170 | – Take Profit : 0.7067 | ||
| – Stop Loss : 0.7110 | – Stop Loss : 0.7137 | ||
EUR / USD
| Commentary : The Euro trades flat ahead of ECB’s Interest Rate Decision and hovers around $1.1300 mark. The pair made intraday high at $1.1308 and low at $1.1293 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.1325 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 | 1.1354 | S2 | 1.1272 |
| R3 | 1.1376 | S3 | 1.1250 |
| R4 | 1.1397 | S4 | 1.1215 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1330 | Sell Below : 1.1290 | ||
| – Take Profit : 1.1365 | – Take Profit : 1.1260 | ||
| – Stop Loss : 1.1300 | – Stop Loss : 1.1320 | ||
GBP / USD
| Commentary : The sterling trades slightly lower on Thursday and stabilizes around $1.3550 mark. Today pair made intraday high at $1.3575 and low at $1.3554 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.3575 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3540 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 | 1.3575 | S1 | 1.3540 |
| R2 | 1.3590 | S2 | 1.3512 |
| R3 | 1.3618 | S3 | 1.3490 |
| R4 | 1.3640 | S4 | 1.3465 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3570 | Sell Below : 1.3530 | ||
| – Take Profit : 1.3618 | – Take Profit : 1.3496 | ||
| – Stop Loss : 1.3542 | – Stop Loss : 1.3562 | ||
USD / CAD
| Commentary : The CAD starts a new day on a lower note and hovers around key resistance at 1.2690 mark. Pair made intraday high at 1.2687 and low at 1.2662 mark. Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above 1.2690 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2657 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 | 1.2701 | S1 | 1.2657 |
| R2 | 1.2722 | S2 | 1.2621 |
| R3 | 1.2750 | S3 | 1.2600 |
| R4 | 1.2774 | S4 | 1.2580 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2693 | Sell Below : 1.2650 | ||
| – Take Profit : 1.2721 | – Take Profit : 1.2615 | ||
| – Stop Loss : 1.2668 | – Stop Loss : 1.268 | ||
USD / JPY
| Commentary : The Japanese yen starts a new day on a flat note and hovers around 114.40 mark. The pair made intraday high at 114.47 and low at 114.32 mark. The triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above 114.50 on H1 chart requires for the upside rally. Alternatively, a consistent close below 114.22 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 | 114.50 | S1 | 114.22 |
| R2 | 114.76 | S2 | 114.01 |
| R3 | 114.92 | S3 | 113.72 |
| R4 | 115.15 | S4 | 113.40 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 114.52 | Sell Below : 114.30 | ||
| – Take Profit : 114.78 | – Take Profit : 114.01 | ||
| – Stop Loss : 114.28 | – Stop Loss : 114.47 | ||
GOLD
| Commentary : The gold rose noticeably in previous session after U.S. released ADP Job data with negative numbers. Today pair made intraday high at $1,809 and low at $1,805 mark. A triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above $1,812 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,802 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 | 1812 | S1 | 1804 |
| R2 | 1818 | S2 | 1799 |
| R3 | 1824 | S3 | 1794 |
| R4 | 1830 | S4 | 1787 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1809 | Sell Below : 1804 | ||
| – Take Profit : 1815 | – Take Profit : 1796 | ||
| – Stop Loss : 1805 | – Stop Loss : 1809 | ||
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