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SpanishDAILY ANALYSIS REPORT FEBRUARY 23 2022
AUD / USD
| Commentary : The Aussie rises gradually against U.S. dollar and remains well supported above $0.7200 mark. Today pair made intraday high at $0.7240 and low at $0.7215 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $0.7240 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7202 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 | 0.7240 | S1 | 0.7202 |
| R2 | 0.7262 | S2 | 0.7180 |
| R3 | 0.7278 | S3 | 0.7155 |
| R4 | 0.7299 | S4 | 0.7112 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7240 | Sell Below : 0.7210 | ||
| – Take Profit : 0.7265 | – Take Profit : 0.7180 | ||
| – Stop Loss : 0.7220 | – Stop Loss : 0.7230 | ||
EUR / USD
| Commentary : The Euro exhibits range bound movement ahead of German GFK Consumer Climate data and Euro Zone’s CPI data. The pair made intraday high at $1.1338 and low at $1.1319 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1340 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1290 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 | 1.1340 | S1 | 1.1290 |
| R2 | 1.1354 | S2 | 1.1265 |
| R3 | 1.1376 | S3 | 1.1250 |
| R4 | 1.1399 | S4 | 1.1215 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1340 | Sell Below : 1.1305 | ||
| – Take Profit : 1.1368 | – Take Profit : 1.1280 | ||
| – Stop Loss : 1.1312 | – Stop Loss : 1.1328 | ||
GBP / USD
| Commentary : The sterling starts a new day on a positive note ahead of BOE’s Monetary Policy Report Hearings. Today pair made intraday high at $1.3604 and low at $1.3588 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1.3600 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3578 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 | 1.3699 | S4 | 1.3521 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3605 | Sell Below : 1.3580 | ||
| – Take Profit : 1.3630 | – Take Profit : 1.3555 | ||
| – Stop Loss : 1.3585 | – Stop Loss : 1.3600 | ||
USD / CAD
| Commentary : The CAD starts a new day on a positive note and hovers around 1.2750 mark. Pair made intraday high at 1.2769 and low at 1.2743 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.2760 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2730 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 | 1.2760 | S1 | 1.2730 |
| R2 | 1.2774 | S2 | 1.2715 |
| R3 | 1.2799 | S3 | 1.2700 |
| R4 | 1.2826 | S4 | 1.2680 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2760 | Sell Below : 1.2730 | ||
| – Take Profit : 1.2780 | – Take Profit : 1.2705 | ||
| – Stop Loss : 1.2742 | – Stop Loss : 1.2752 | ||
USD / JPY
| Commentary : The Japanese yen depreciated sharply in previous session and currently trading around 115.00 mark. The pair made intraday high at 115.12 and low at 114.98 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 115.12 on H1 chart requires for the upside rally. Alternatively, a consistent close below 114.90 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 | 115.12 | S1 | 114.90 |
| R2 | 115.30 | S2 | 114.65 |
| R3 | 115.55 | S3 | 114.50 |
| R4 | 115.78 | S4 | 114.30 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 115.15 | Sell Below : 114.86 | ||
| – Take Profit : 115.50 | – Take Profit : 114.62 | ||
| – Stop Loss : 114.92 | – Stop Loss : 115.05 | ||
GOLD
| Commentary : Gold moves in rigid boundaries on Wednesday and consolidates around $1,900 mark. U.S. Calendar will remain empty for the day but high volatility is likely on any further updates on Russia – Ukraine talk. Today pair made intraday high at $1,901 and low at $1,897 mark. A triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above $1,901 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,891 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 | 1901 | S1 | 1896 |
| R2 | 1907 | S2 | 1891 |
| R3 | 1914 | S3 | 1886 |
| R4 | 1920 | S4 | 1878 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1902 | Sell Below : 1894 | ||
| – Take Profit : 1909 | – Take Profit : 1886 | ||
| – Stop Loss : 1896 | – Stop Loss : 1900 | ||
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