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SpanishDAILY ANALYSIS REPORT FEBRUARY 15 2022
AUD / USD
| Commentary : The Aussie remains almost unchanged after RBA’s Monetary Policy Meeting Minutes and stabilizes below $0.7150 mark. Today pair made intraday high at $0.7140 and low at $0.7121 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $0.7140 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7110 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 | 0.7140 | S1 | 0.7110 |
| R2 | 0.7172 | S2 | 0.7090 |
| R3 | 0.7199 | S3 | 0.7065 |
| R4 | 0.7222 | S4 | 0.7030 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7140 | Sell Below : 0.7115 | ||
| – Take Profit : 0.7172 | – Take Profit : 0.7090 | ||
| – Stop Loss : 0.7120 | – Stop Loss : 0.7137 | ||
EUR / USD
| Commentary : The Euro trades in narrow range ahead of German ZEW Economic Sentiment and Euro Flash GDP results. The pair made intraday high at $1.1322 and low at $1.1296 mark. Today triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A consistent close above $1.1338 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1294 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 | 1.1338 | S1 | 1.1301 |
| R2 | 1.1362 | S2 | 1.1280 |
| R3 | 1.1384 | S3 | 1.1265 |
| R4 | 1.1405 | S4 | 1.1250 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1330 | Sell Below : 1.1301 | ||
| – Take Profit : 1.1357 | – Take Profit : 1.1278 | ||
| – Stop Loss : 1.1304 | – Stop Loss : 1.1320 | ||
GBP / USD
| Commentary : The sterling exhibits range bound movement ahead of U.K.’s Claimant Count Change results and consolidates around $1.3550 mark. Today pair made intraday high at $1.3546 and low at $1.3518 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1.3541 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3498 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 | 1.3552 | S1 | 1.3520 |
| R2 | 1.3570 | S2 | 1.3498 |
| R3 | 1.3586 | S3 | 1.3465 |
| R4 | 1.3615 | S4 | 1.3450 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3550 | Sell Below : 1.3520 | ||
| – Take Profit : 1.3576 | – Take Profit : 1.3498 | ||
| – Stop Loss : 1.3526 | – Stop Loss : 1.3537 | ||
USD / CAD
| Commentary : The CAD enjoys roller coaster movement and remains well supported above 1.2700 mark. Pair made intraday high at 1.2740 and low at 1.2722 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.2750 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2720 on H1 chart will check key supports too. Canada’s Housing start data is in focus. | |||
| 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 | 1.2720 |
| R2 | 1.2772 | S2 | 1.2701 |
| R3 | 1.2799 | S3 | 1.2690 |
| R4 | 1.2815 | S4 | 1.2672 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2750 | Sell Below : 1.2717 | ||
| – Take Profit : 1.2770 | – Take Profit : 1.2691 | ||
| – Stop Loss : 1.2720 | – Stop Loss : 1.2740 | ||
USD / JPY
| Commentary : The Japanese yen trades slightly marginally higher despite lower than expected Prelim GDP results and Comments from BoJ Gov Kuroda. The pair made intraday high at 115.55 and low at 115.30 mark. The triple EMA on a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above 115.55 on H1 chart requires for the upside rally. Alternatively, a consistent close below 115.25 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 | 115.55 | S1 | 115.25 |
| R2 | 115.70 | S2 | 114.90 |
| R3 | 115.91 | S3 | 114.65 |
| R4 | 116.18 | S4 | 114.50 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 115.55 | Sell Below : 115.25 | ||
| – Take Profit : 115.80 | – Take Profit : 115.0 | ||
| – Stop Loss : 115.30 | – Stop Loss : 115.48 | ||
GOLD
| Commentary : The gold strengthens sharply on Tuesday and hits highest level since June 11, 2021. Today pair made intraday high at $1,879 and low at $1,870 mark. A triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above $1,878 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,868 will check further supports. U.S. PPI, Core PPI data will remain in focus. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1884 | S1 | 1868 |
| R2 | 1889 | S2 | 1862 |
| R3 | 1894 | S3 | 1857 |
| R4 | 1899 | S4 | 1852 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1881 | Sell Below : 1874 | ||
| – Take Profit : 1886 | – Take Profit : 1868 | ||
| – Stop Loss : 1875 | – Stop Loss : 1879 | ||
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