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SpanishDAILY ANALYSIS REPORT FEBRUARY 04 2022
AUD / USD
| Commentary : The Aussie remains almost unchanged in Asian hours and trading around $0.7140 mark. Today pair made intraday high at $0.7148 and low at $0.7130 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7158 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 : 0.7150 | Sell Below : 0.7120 | ||
| – Take Profit : 0.7181 | – Take Profit : 0.7087 | ||
| – Stop Loss : 0.7127 | – Stop Loss : 0.7140 | ||
EUR / USD
| Commentary : The Euro spiked up sharply in previous session after ECB’s Monetary Policy Statement and stabilizes above $1.1450 mark. The pair made intraday high at $1.1468 and low at $1.1431 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.1472 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1430 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 | 1.1472 | S1 | 1.1430 |
| R2 | 1.1502 | S2 | 1.1412 |
| R3 | 1.1526 | S3 | 1.1381 |
| R4 | 1.1562 | S4 | 1.1365 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1472 | Sell Below : 1.1430 | ||
| – Take Profit : 1.1505 | – Take Profit : 1.1392 | ||
| – Stop Loss : 1.1448 | – Stop Loss : 1.1450 | ||
GBP / USD
| Commentary : The sterling rose sharply after BoE’s Interest Rate hike and touched $1.3627 mark. Today pair made intraday high at $1.3615 and low at $1.3586 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $1.3615 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3580 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 | 1.3615 | S1 | 1.3580 |
| R2 | 1.3640 | S2 | 1.3562 |
| R3 | 1.3672 | S3 | 1.3537 |
| R4 | 1.3699 | S4 | 1.3512 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3620 | Sell Below : 1.3580 | ||
| – Take Profit : 1.3652 | – Take Profit : 1.3550 | ||
| – Stop Loss : 1.3590 | – Stop Loss : 1.3605 | ||
USD / CAD
| Commentary : The CAD enjoys roller coaster movement ahead of Canada’s Job results and trading around 1.2670 mark. Pair made intraday high at 1.2684 and low at 1.2664 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 : 1.2690 | Sell Below : 1.2655 | ||
| – Take Profit : 1.2720 | – Take Profit : 1.2620 | ||
| – Stop Loss : 1.2665 | – Stop Loss : 1.2678 | ||
USD / JPY
| Commentary : The Japanese yen moves in rigid boundaries and hovers around 115.00 mark. The pair made intraday high at 115.05 and low at 114.81 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 114.99 on H1 chart requires for the upside rally. Alternatively, a consistent close below 114.70 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 | 114.99 | S1 | 114.70 |
| R2 | 115.15 | S2 | 114.51 |
| R3 | 115.47 | S3 | 114.22 |
| R4 | 115.82 | S4 | 114.00 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 115.10 | Sell Below : 114.74 | ||
| – Take Profit : 115.38 | – Take Profit : 114.50 | ||
| – Stop Loss : 114.81 | – Stop Loss : 114.94 | ||
GOLD
| Commentary : The gold remained highly volatile in previous session after mixed U.S. economic results and currently stabilizes above $1,800 mark. Today pair made intraday high at $1,808 and low at $1,804 mark. A triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above $1,810 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,799 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 | 1799 |
| R2 | 1818 | S2 | 1794 |
| R3 | 1824 | S3 | 1787 |
| R4 | 1830 | S4 | 1781 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1810 | Sell Below : 1802 | ||
| – Take Profit : 1817 | – Take Profit : 1794 | ||
| – Stop Loss : 1804 | – Stop Loss : 1808 | ||
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