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SpanishDAILY ANALYSIS REPORT FEBRUARY 24 2022
AUD / USD
| Commentary : The Aussie weakens noticeably during Asian hours and slips back below $0.7200 mark. Today pair made intraday high at $0.7233 and low at $0.7185 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $0.7230 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 | 0.7230 | S1 | 0.7168 |
| R2 | 0.7262 | S2 | 0.7155 |
| R3 | 0.7278 | S3 | 0.7112 |
| R4 | 0.7299 | S4 | 0.7080 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7215 | Sell Below : 0.7170 | ||
| – Take Profit : 0.7250 | – Take Profit : 0.7140 | ||
| – Stop Loss : 0.7188 | – Stop Loss : 0.7205 | ||
EUR / USD
| Commentary : The Euro spikes down sharply and hits lowest level since Feb 01, 2022. The pair made intraday high at $1.1308 and low at $1.1236 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1272 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1215 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 | 1.1272 | S1 | 1.1215 |
| R2 | 1.1294 | S2 | 1.1180 |
| R3 | 1.1321 | S3 | 1.1165 |
| R4 | 1.1340 | S4 | 1.1138 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1280 | Sell Below : 1.1215 | ||
| – Take Profit : 1.1320 | – Take Profit : 1.1180 | ||
| – Stop Loss : 1.1250 | – Stop Loss : 1.1250 | ||
GBP / USD
| Commentary : The sterling spikes down extremely on Thursday and hits lowest level since Feb 15, 2022. Today pair made intraday high at $1.3549 and low at $1.3504 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1.3550 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3489 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 | 1.3550 | S1 | 1.3489 |
| R2 | 1.3572 | S2 | 1.3465 |
| R3 | 1.3599 | S3 | 1.3430 |
| R4 | 1.3624 | S4 | 1.3412 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3550 | Sell Below : 1.3491 | ||
| – Take Profit : 1.3582 | – Take Profit : 1.3465 | ||
| – Stop Loss : 1.3512 | – Stop Loss : 1.3530 | ||
USD / CAD
| Commentary : The CAD deepens extremely against U.S. dollar and touches 1.2789 mark in Asian hours. Pair made intraday high at 1.2789 and low at 1.2726 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.2800 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 | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2800 | S1 | 1.2730 |
| R2 | 1.2826 | S2 | 1.2715 |
| R3 | 1.2857 | S3 | 1.2700 |
| R4 | 1.2876 | S4 | 1.2680 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2800 | Sell Below : 1.2740 | ||
| – Take Profit : 1.2830 | – Take Profit : 1.2710 | ||
| – Stop Loss : 1.2775 | – Stop Loss : 1.2770 | ||
USD / JPY
| Commentary : The Japanese yen rises on Thursday and slips back below 115.00 mark. The pair made intraday high at 115.11 and low at 114.82 mark. The triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above 115.23 on H1 chart requires for the upside rally. Alternatively, a consistent close below 114.77 on H1 chart will check further key supports. Japanese banks will be closed for the day. | |||
| 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 | 114.78 |
| R2 | 115.30 | S2 | 114.62 |
| R3 | 115.55 | S3 | 114.30 |
| R4 | 115.78 | S4 | 114.01 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 115.25 | Sell Below : 114.70 | ||
| – Take Profit : 115.54 | – Take Profit : 114.40 | ||
| – Stop Loss : 114.91 | – Stop Loss : 114.96 | ||
GOLD
| Commentary : Gold strengthens extremely on Thursday as Putin orders Military operations in Ukraine and demands Kyiv forces to surrender. Today pair made intraday high at $1,949 and low at $1,909 mark. A triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above $1,950 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,920 w | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1950 | S1 | 1920 |
| R2 | 1958 | S2 | 1912 |
| R3 | 1965 | S3 | 1909 |
| R4 | 1974 | S4 | 1899 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1952 | Sell Below : 1931 | ||
| – Take Profit : 1960 | – Take Profit : 1922 | ||
| – Stop Loss : 1945 | – Stop Loss : 1940 | ||
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