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SpanishDAILY ANALYSIS REPORT FEBRUARY 21 2022
AUD / USD
| Commentary : The Aussie strengthens sharply after Flash PMI data and trading around $0.7200 mark. Today pair made intraday high at $0.7210 and low at $0.7166 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7222 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7168 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 | 0.7222 | S1 | 0.7168 |
| R2 | 0.7250 | S2 | 0.7140 |
| R3 | 0.7278 | S3 | 0.7112 |
| R4 | 0.7299 | S4 | 0.7086 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7215 | Sell Below : 0.7178 | ||
| – Take Profit : 0.7247 | – Take Profit : 0.7150 | ||
| – Stop Loss : 0.7190 | – Stop Loss : 0.7206 | ||
EUR / USD
| Commentary : The Euro appreciates on Monday ahead of Flash PMI results and trading above $1.1350 mark. The pair made intraday high at $1.1367 and low at $1.1313 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 $1.1315 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 | 1.1315 |
| R2 | 1.1390 | S2 | 1.1280 |
| R3 | 1.1405 | S3 | 1.1265 |
| R4 | 1.1432 | S4 | 1.1250 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1372 | Sell Below : 1.1330 | ||
| – Take Profit : 1.1399 | – Take Profit : 1.1301 | ||
| – Stop Loss : 1.1350 | – Stop Loss : 1.1354 | ||
GBP / USD
| Commentary : The sterling starts a new week on a positive note and stabilizes above $1.3600 mark. Today pair made intraday high at $1.3623 and low at $1.3583 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $1.3622 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 | 1.3622 | S1 | 1.3580 |
| R2 | 1.3650 | S2 | 1.3562 |
| R3 | 1.3672 | S3 | 1.3550 |
| R4 | 1.3690 | S4 | 1.3521 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3630 | Sell Below : 1.3599 | ||
| – Take Profit : 1.3660 | – Take Profit : 1.3570 | ||
| – Stop Loss : 1.3609 | – Stop Loss : 1.3621 | ||
USD / CAD
| Commentary : | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2740 | S1 | 1.2700 |
| R2 | 1.2772 | S2 | 1.2672 |
| R3 | 1.2804 | S3 | 1.2650 |
| R4 | 1.2824 | S4 | 1.2626 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2740 | Sell Below : 1.2715 | ||
| – Take Profit : 1.2760 | – Take Profit : 1.2690 | ||
| – Stop Loss : 1.2720 | – Stop Loss : 1.2736 | ||
USD / JPY
| Commentary : The Japanese yen remains slightly volatile during Asian hours as Flash manufacturing PMI data misses expectations. The pair made intraday high at 115.12 and low at 114.87 mark. The triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above 115.12 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 | 115.12 | S1 | 114.80 |
| R2 | 115.30 | S2 | 114.65 |
| R3 | 115.55 | S3 | 114.30 |
| R4 | 115.76 | S4 | 114.12 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 115.12 | Sell Below : 114.76 | ||
| – Take Profit : 115.38 | – Take Profit : 114.50 | ||
| – Stop Loss : 114.80 | – Stop Loss : 115.00 | ||
GOLD
| Commentary : Gold remains volatile on Monday and stabilizes below $1,900 mark. Today pair made intraday high at $1,908 and low at $1,889 mark. A triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above $1,904 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,886 will check further supports. U.S. banks will be closed in observance of Presidents’ Day. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1909 | S1 | 1884 |
| R2 | 1915 | S2 | 1878 |
| R3 | 1918 | S3 | 1872 |
| R4 | 1923 | S4 | 1867 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1897 | Sell Below : 1884 | ||
| – Take Profit : 1905 | – Take Profit : 1878 | ||
| – Stop Loss : 1892 | – Stop Loss : 1889 | ||
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