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SpanishDAILY ANALYSIS REPORT FEBRUARY 10 2022
AUD / USD
| Commentary : The Euro exhibits range bound movement and remains well supported above $1.1400 mark. The pair made intraday high at $1.1429 and low at $1.1413 mark. Today triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A consistent close above $1.1447 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1399 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 | 0.7199 | S1 | 0.7130 |
| R2 | 0.7222 | S2 | 0.7102 |
| R3 | 0.7257 | S3 | 0.7089 |
| R4 | 0.7272 | S4 | 0.7070 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7180 | Sell Below : 0.7150 | ||
| – Take Profit : 0.7202 | – Take Profit : 0.7122 | ||
| – Stop Loss : 0.7155 | – Stop Loss : 0.7170 | ||
EUR / USD
| Commentary : The Euro exhibits range bound movement and remains well supported above $1.1400 mark. The pair made intraday high at $1.1429 and low at $1.1413 mark. Today triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A consistent close above $1.1447 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1399 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 | 1.1455 | S1 | 1.1399 |
| R2 | 1.1476 | S2 | 1.1381 |
| R3 | 1.1491 | S3 | 1.1365 |
| R4 | 1.1512 | S4 | 1.1337 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1447 | Sell Below : 1.1395 | ||
| – Take Profit : 1.1475 | – Take Profit : 1.1362 | ||
| – Stop Loss : 1.1415 | – Stop Loss : 1.1420 | ||
GBP / USD
| Commentary : The sterling remained highly volatile in previous session and currently trading around $1.3530 mark ahead of BOE Gov Bailey’s speech. Today pair made intraday high at $1.3537 and low at $1.3526 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1.3555 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3530 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 | 1.3555 | S1 | 1.3530 |
| R2 | 1.3572 | S2 | 1.3512 |
| R3 | 1.3590 | S3 | 1.3490 |
| R4 | 1.3618 | S4 | 1.3465 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3550 | Sell Below : 1.3522 | ||
| – Take Profit : 1.3578 | – Take Profit : 1.3491 | ||
| – Stop Loss : 1.3530 | – Stop Loss : 1.3540 | ||
USD / CAD
| Commentary : The CAD continues to trade in rigid boundaries and consolidates around 1.2700 mark. Pair made intraday high at 1.2686 and low at 1.2667 mark. Today a day chart is up and H1 chart with triple EMA suggests bearish 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. Canada’s Economic Calendar will remain empty for the day. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2690 | S1 | 1.2657 |
| R2 | 1.2715 | S2 | 1.2630 |
| R3 | 1.2738 | S3 | 1.2612 |
| R4 | 1.2772 | S4 | 1.2590 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2690 | Sell Below : 1.2655 | ||
| – Take Profit : 1.2715 | – Take Profit : 1.2622 | ||
| – Stop Loss : 1.2668 | – Stop Loss : 1.2680 | ||
USD / JPY
| Commentary : The Japanese yen remains almost unchanged after robust PPI data and trading around 115.50 mark. The pair made intraday high at 115.63 and low at 115.45 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 115.62 on H1 chart requires for the upside rally. Alternatively, a consistent close below 115.40 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 | 115.62 | S1 | 115.40 |
| R2 | 115.78 | S2 | 115.24 |
| R3 | 115.97 | S3 | 115.10 |
| R4 | 116.24 | S4 | 114.90 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 115.65 | Sell Below : 115.40 | ||
| – Take Profit : 115.90 | – Take Profit : 115.15 | ||
| – Stop Loss : 115.45 | – Stop Loss : 115.60 | ||
GOLD
| Commentary : The gold trades almost flat on Thursday ahead of U.S. CPI, Core CPI data and trading around $1,835 mark. Today pair made intraday high at $1,834 and low at $1,831 mark. A triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above $1,836 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,824 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 | 1837 | S1 | 1826 |
| R2 | 1844 | S2 | 1821 |
| R3 | 1848 | S3 | 1816 |
| R4 | 1854 | S4 | 1811 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1838 | Sell Below : 1831 | ||
| – Take Profit : 1845 | – Take Profit : 1824 | ||
| – Stop Loss : 1832 | – Stop Loss : 1836 | ||
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