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SpanishDAILY ANALYSIS REPORT JANUARY 05 2022
AUD / USD
| Commentary : The Aussie trades in narrow range and stabilizes above $0.7220 mark. Today pair made intraday high at $0.7244 and low at $0.7226 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $0.7250 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7215 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 | 0.7250 | S1 | 0.7215 |
| R2 | 0.7272 | S2 | 0.7190 |
| R3 | 0.7299 | S3 | 0.7165 |
| R4 | 0.7324 | S4 | 0.7130 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7250 | Sell Below : 0.7215 | ||
| – Take Profit : 0.7278 | – Take Profit : 0.7192 | ||
| – Stop Loss : 0.7230 | – Stop Loss : 0.7240 | ||
EUR / USD
| Commentary : The Euro trades in narrow range ahead of Services PMI results and slips below $1.1300 mark. The pair made intraday high at $1.1295 and low at $1.1277 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1315 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1272 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 | 1.1315 | S1 | 1.1272 |
| R2 | 1.1340 | S2 | 1.1255 |
| R3 | 1.1372 | S3 | 1.1237 |
| R4 | 1.1400 | S4 | 1.1210 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1305 | Sell Below : 1.1275 | ||
| – Take Profit : 1.1328 | – Take Profit : 1.1250 | ||
| – Stop Loss : 1.1282 | – Stop Loss : 1.1298 | ||
GBP / USD
| Commentary : The sterling starts a new day on a lower note and hovers around $1.3530 mark. Today pair made intraday high at $1.3540 and low at $1.3521 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $1.3552 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3512 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 | 1.3552 | S1 | 1.3512 |
| R2 | 1.3576 | S2 | 1.3490 |
| R3 | 1.3594 | S3 | 1.3465 |
| R4 | 1.3618 | S4 | 1.3437 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3542 | Sell Below : 1.3510 | ||
| – Take Profit : 1.3589 | – Take Profit : 1.3480 | ||
| – Stop Loss : 1.3515 | – Stop Loss : 1.3537 | ||
USD / CAD
| Commentary : The CAD remained highly volatile in previous session and currently hovers around 1.2700 mark. Pair made intraday high at 1.2718 to 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 1.2728 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2675 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 | 1.2728 | S1 | 1.2675 |
| R2 | 1.2755 | S2 | 1.2650 |
| R3 | 1.2772 | S3 | 1.2622 |
| R4 | 1.2799 | S4 | 1.2600 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2730 | Sell Below : 1.2687 | ||
| – Take Profit : 1.2757 | – Take Profit : 1.2650 | ||
| – Stop Loss : 1.2709 | – Stop Loss : 1.2710 | ||
USD / JPY
| Commentary : The Japanese yen reverses previous loss against U.S. dollar and hovers around 116.00 mark. The pair made intraday high at 116.24 and low at 115.90 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 116.22 on H1 chart requires for the upside rally. Alternatively, a consistent close below 115.74 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 | 116.22 | S1 | 115.74 |
| R2 | 116.48 | S2 | 115.55 |
| R3 | 116.67 | S3 | 115.30 |
| R4 | 116.94 | S4 | 115.02 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 116.20 | Sell Below : 115.78 | ||
| – Take Profit : 116.45 | – Take Profit : 115.37 | ||
| – Stop Loss : 115.91 | – Stop Loss : 116.06 | ||
GOLD
| Commentary : The gold recovers noticeably from previous losses and remains well supported above $1,800 mark ahead of U.S. ADP Job data and FOMC Meeting Minutes. Today pair made intraday high at $1,816 and low at $1,812 mark. A triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above $1,818 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,808 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 | 1820 | S1 | 1809 |
| R2 | 1826 | S2 | 1804 |
| R3 | 1832 | S3 | 1799 |
| R4 | 1837 | S4 | 1794 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1818 | Sell Below : 1811 | ||
| – Take Profit : 1824 | – Take Profit : 1805 | ||
| – Stop Loss : 1813 | – Stop Loss : 1816 | ||
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