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SpanishDAILY ANALYSIS REPORT FEBRUARY 18 2022
AUD / USD
| Commentary : The Aussie trades slightly higher on Friday and hovers around $0.7200 mark. Today pair made intraday high at $0.7200 and low at $0.7176 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7215 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7177 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 | 0.7215 | S1 | 0.7177 |
| R2 | 0.7230 | S2 | 0.7140 |
| R3 | 0.7250 | S3 | 0.7112 |
| R4 | 0.7278 | S4 | 0.7086 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7205 | Sell Below : 0.7172 | ||
| – Take Profit : 0.7230 | – Take Profit : 0.7150 | ||
| – Stop Loss : 0.7175 | – Stop Loss : 0.7199 | ||
EUR / USD
| Commentary : The Euro exhibits range bound movement and consolidates around $1.1355 mark. The pair made intraday high at $1.1371 and low at $1.1356 mark. Today triple EMA on a day chart and H1 chart suggest down trend for the time being. A consistent close above $1.1372 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1350 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 | 1.1372 | S1 | 1.1350 |
| R2 | 1.1390 | S2 | 1.1330 |
| R3 | 1.1405 | S3 | 1.1300 |
| R4 | 1.1432 | S4 | 1.1280 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1378 | Sell Below : 1.1350 | ||
| – Take Profit : 1.1410 | – Take Profit : 1.1322 | ||
| – Stop Loss : 1.1355 | – Stop Loss : 1.1372 | ||
GBP / USD
| Commentary : The sterling trades in narrow range ahead of U.K.’s Retail Sales data and stabilizes above $1.3600 mark. Today pair made intraday high at $1.3620 and low at $1.3599 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $1.3618 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3590 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 | 1.3618 | S1 | 1.3590 |
| R2 | 1.3650 | S2 | 1.3572 |
| R3 | 1.3672 | S3 | 1.3550 |
| R4 | 1.3690 | S4 | 1.3521 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3620 | Sell Below : 1.3590 | ||
| – Take Profit : 1.3648 | – Take Profit : 1.3568 | ||
| – Stop Loss : 1.3596 | – Stop Loss : 1.3612 | ||
USD / CAD
| Commentary : The CAD enjoys roller coaster movement ahead of Canada’s Retail Sales data and hovers around 1.2700 mark. Pair made intraday high at 1.2717 and low at 1.2692 mark. Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above 1.2712 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2680 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 | 1.2712 | S1 | 1.2672 |
| R2 | 1.2730 | S2 | 1.2650 |
| R3 | 1.2750 | S3 | 1.2626 |
| R4 | 1.2772 | S4 | 1.2600 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2712 | Sell Below : 1.2687 | ||
| – Take Profit : 1.2738 | – Take Profit : 1.2665 | ||
| – Stop Loss : 1.2690 | – Stop Loss : 1.2705 | ||
USD / JPY
| Commentary : The Japanese yen trades marginally lower on Friday and stabilizes above 115.00 mark. The pair made intraday high at 115.27 and low at 114.78 mark. The triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above 115.30 on H1 chart requires for the upside rally. Alternatively, a consistent close below 114.80 on H1 chart will check further key supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 115.30 | S1 | 114.80 |
| R2 | 115.55 | S2 | 114.65 |
| R3 | 115.76 | S3 | 114.30 |
| R4 | 115.94 | S4 | 114.12 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 115.30 | Sell Below : 114.90 | ||
| – Take Profit : 115.55 | – Take Profit : 114.65 | ||
| – Stop Loss : 115.10 | – Stop Loss : 115.1 | ||
GOLD
| Commentary : Gold spikes down sharply in Asian hours and currently hovers around $1,890 mark. Today pair made intraday high at $1,902 and low at $1,888 mark. A triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above $1,901 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,884 will check further supports. Traders eye U.S. Existing Home Sales Data scheduled later today. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1904 | S1 | 1884 |
| R2 | 1909 | S2 | 1878 |
| R3 | 1915 | S3 | 1872 |
| R4 | 1918 | S4 | 1867 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1896 | Sell Below : 1886 | ||
| – Take Profit : 1904 | – Take Profit : 1878 | ||
| – Stop Loss : 1889 | – Stop Loss : 1892 | ||
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