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SpanishDAILY ANALYSIS REPORT FEBRUARY 28 2022
AUD / USD
| Commentary : The Aussie starts a new week on a lower note and currently stabilizes below $0.7200 mark. Today pair made intraday high at $0.7193 and low at $0.7157 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $0.7215 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7150 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 | 0.7199 | S1 | 0.7156 |
| R2 | 0.7215 | S2 | 0.7112 |
| R3 | 0.7230 | S3 | 0.7080 |
| R4 | 0.7255 | S4 | 0.7062 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7199 | Sell Below : 0.7156 | ||
| – Take Profit : 0.7230 | – Take Profit : 0.7115 | ||
| – Stop Loss : 0.7170 | – Stop Loss : 0.7189 | ||
EUR / USD
| Commentary : The Euro too opened gap down more than 150 pips and currently trading around $1.1160 mark. The pair made intraday high at $1.1194 and low at $1.1118 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1190 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1100 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 | 1.1190 | S1 | 1.1130 |
| R2 | 1.1238 | S2 | 1.1105 |
| R3 | 1.1252 | S3 | 1.1080 |
| R4 | 1.1276 | S4 | 1.1050 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1201 | Sell Below : 1.1130 | ||
| – Take Profit : 1.1238 | – Take Profit : 1.1090 | ||
| – Stop Loss : 1.1160 | – Stop Loss : 1.1162 | ||
GBP / USD
| Commentary : The sterling opened gap down at $1.3309 against previous close of $1.3410 mark. Today pair made intraday high at $1.3381 and low at $1.3307 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1.3372 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3300 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 | 1.3372 | S1 | 1.3300 |
| R2 | 1.3390 | S2 | 1.3276 |
| R3 | 1.3412 | S3 | 1.3250 |
| R4 | 1.3430 | S4 | 1.3212 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3370 | Sell Below : 1.3300 | ||
| – Take Profit : 1.3399 | – Take Profit : 1.3258 | ||
| – Stop Loss : 1.3340 | – Stop Loss : 1.3340 | ||
USD / CAD
| Commentary : The CAD starts a new week on a lower note and jumps back above 1.2800 mark. Pair made intraday high at 1.2809 and low at 1.2736 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.2812 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2750 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 | 1.2812 | S1 | 1.2750 |
| R2 | 1.2830 | S2 | 1.2726 |
| R3 | 1.2857 | S3 | 1.2700 |
| R4 | 1.2876 | S4 | 1.2678 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2822 | Sell Below : 1.2770 | ||
| – Take Profit : 1.2850 | – Take Profit : 1.2730 | ||
| – Stop Loss : 1.2790 | – Stop Loss : 1.2800 | ||
USD / JPY
| Commentary : The Japanese yen opened gap down but immediately erased previous gain and currently hovers around 115.50 mark after mixed key economic indicators. The pair made intraday high at 115.78 and low at 115.14 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 115.58 on H1 chart requires for the upside rally. Alternatively, a consistent close below 115.10 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 | 115.90 | S1 | 115.10 |
| R2 | 116.26 | S2 | 114.90 |
| R3 | 116.62 | S3 | 114.65 |
| R4 | 116.98 | S4 | 114.30 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 115.78 | Sell Below : 115.30 | ||
| – Take Profit : 116.09 | – Take Profit : 114.91 | ||
| – Stop Loss : 115.50 | – Stop Loss : 115.60 | ||
GOLD
| Commentary : Gold spikes up in opening hours and touches $1,927 mark. Today pair made intraday high at $1,927 and low at $1,889 mark. A triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above $1,922 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,884 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 | 1922 | S1 | 1884 |
| R2 | 1930 | S2 | 1876 |
| R3 | 1937 | S3 | 1872 |
| R4 | 1943 | S4 | 1864 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1932 | Sell Below : 1901 | ||
| – Take Profit : 1940 | – Take Profit : 1890 | ||
| – Stop Loss : 1925 | – Stop Loss : 1909 | ||
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