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SpanishDAILY ANALYSIS REPORT FEBRUARY 11 2022
AUD / USD
| Commentary : The Aussie starts a new day on a lower note after RBA Gov Lowe’s comments and currently trading around $0.7150 mark. Today pair made intraday high at $0.7169 and low at $0.7132 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $0.7172 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7140 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 | 0.7172 | S1 | 0.7130 |
| R2 | 0.7199 | S2 | 0.7102 |
| R3 | 0.7222 | S3 | 0.7089 |
| R4 | 0.7257 | S4 | 0.7070 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7172 | Sell Below : 0.7130 | ||
| – Take Profit : 0.7199 | – Take Profit : 0.7102 | ||
| – Stop Loss : 0.7150 | – Stop Loss : 0.7157 | ||
EUR / USD
| Commentary : The Euro remains almost unchanged after ECB President Lagarde’s comments and consolidates around $1.1400 mark. The pair made intraday high at $1.1430 and low at $1.1385 mark. Today triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A consistent close above $1.1412 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 | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.1412 | S1 | 1.1399 |
| R2 | 1.1430 | S2 | 1.1381 |
| R3 | 1.1455 | S3 | 1.1365 |
| R4 | 1.1481 | S4 | 1.1337 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1412 | Sell Below : 1.1390 | ||
| – Take Profit : 1.1440 | – Take Profit : 1.1368 | ||
| – Stop Loss : 1.1389 | – Stop Loss : 1.1405 | ||
GBP / USD
| Commentary : The sterling trades slightly lower ahead of U.K.’s Prelim GDP results and hovers around $1.3540 mark. Today pair made intraday high at $1.3569 and low at $1.3533 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1.3560 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3530 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 | 1.3560 | S1 | 1.3530 |
| R2 | 1.3585 | S2 | 1.3512 |
| R3 | 1.3618 | S3 | 1.3490 |
| R4 | 1.3637 | S4 | 1.3465 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3562 | Sell Below : 1.3530 | ||
| – Take Profit : 1.3585 | – Take Profit : 1.3498 | ||
| – Stop Loss : 1.3540 | – Stop Loss : 1.3554 | ||
USD / CAD
| Commentary : The CAD falls gradually against U.S. dollar and jumps back above 1.2700 mark. Pair made intraday high at 1.2750 and low at 1.2713 mark. Today a day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above 1.2745 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2730 on H1 chart will check key supports too. Canada’s Economic Calendar will remain empty for the day too. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2750 | S1 | 1.2730 |
| R2 | 1.2772 | S2 | 1.2705 |
| R3 | 1.2799 | S3 | 1.2690 |
| R4 | 1.2815 | S4 | 1.2672 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2751 | Sell Below : 1.2727 | ||
| – Take Profit : 1.2776 | – Take Profit : 1.2702 | ||
| – Stop Loss : 1.2730 | – Stop Loss : 1.2745 | ||
USD / JPY
| Commentary : The Japanese yen trades in narrow range on Friday as Japanese banks will be closed in observance of National Foundation Day. The pair made intraday high at 116.17 and low at 115.94 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 116.18 on H1 chart requires for the upside rally. Alternatively, a consistent close below 115.80 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 | 116.18 | S1 | 115.80 |
| R2 | 116.36 | S2 | 115.55 |
| R3 | 116.54 | S3 | 115.21 |
| R4 | 116.81 | S4 | 115.01 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 116.20 | Sell Below : 115.80 | ||
| – Take Profit : 116.42 | – Take Profit : 115.55 | ||
| – Stop Loss : 115.90 | – Stop Loss : 116.11 | ||
GOLD
| Commentary : The gold remained highly volatile in previous session after U.S.’s robust CPI data and currently trading around $1,822 mark. Today pair made intraday high at $1,828 and low at $1,823 mark. A triple EMA on a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above $1,830 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,821 will check further supports. Later today U.S. Prelim UoM Consumer Sentiment data will remain in focus. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1830 | S1 | 1821 |
| R2 | 1836 | S2 | 1816 |
| R3 | 1842 | S3 | 1811 |
| R4 | 1847 | S4 | 1804 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1828 | Sell Below : 1821 | ||
| – Take Profit : 1834 | – Take Profit : 1814 | ||
| – Stop Loss : 1822 | – Stop Loss : 1826 | ||
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