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SpanishDAILY ANALYSIS REPORT JANUARY 06 2022
AUD / USD
| Commentary : The Aussie depreciates sharply on Thursday and slips below $0.7200 mark. Today pair made intraday high at $0.7222 and low at $0.7195 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $0.7226 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7180 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 | 0.7226 | S1 | 0.7180 |
| R2 | 0.7250 | S2 | 0.7165 |
| R3 | 0.7272 | S3 | 0.7130 |
| R4 | 0.7299 | S4 | 0.7102 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7222 | Sell Below : 0.7190 | ||
| – Take Profit : 0.7250 | – Take Profit : 0.7165 | ||
| – Stop Loss : 0.7201 | – Stop Loss : 0.7211 | ||
EUR / USD
| Commentary : The Euro trades flat on Thursday ahead of German Factory orders and German CPI results. The pair made intraday high at $1.1320 and low at $1.1304 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.1321 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 | 1.1321 | S1 | 1.1290 |
| R2 | 1.1340 | S2 | 1.1272 |
| R3 | 1.1372 | S3 | 1.1255 |
| R4 | 1.1400 | S4 | 1.1237 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1321 | Sell Below : 1.1299 | ||
| – Take Profit : 1.1340 | – Take Profit : 1.1274 | ||
| – Stop Loss : 1.1304 | – Stop Loss : 1.1315 | ||
GBP / USD
| Commentary : The sterling depreciates against U.S. dollar and remains well supported below $1.3550 mark. Today pair made intraday high at $1.3557 and low at $1.3535 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $1.3555 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3512 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 | 1.3555 | 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 : 1.3558 | Sell Below : 1.3523 | ||
| – Take Profit : 1.3590 | – Take Profit : 1.3491 | ||
| – Stop Loss : 1.3540 | – Stop Loss : 1.3555 | ||
USD / CAD
| Commentary : The CAD starts a new day on a lower note and remains well supported above 1.2750 mark. Pair made intraday high at 1.2786 to 1.2748 mark. Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above 1.2790 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2740 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 | 1.2790 | S1 | 1.2640 |
| R2 | 1.2815 | S2 | 1.2622 |
| R3 | 1.2840 | S3 | 1.2600 |
| R4 | 1.2878 | S4 | 1.2580 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2790 | Sell Below : 1.2765 | ||
| – Take Profit : 1.2823 | – Take Profit : 1.2738 | ||
| – Stop Loss : 1.2768 | – Stop Loss : 1.2785 | ||
USD / JPY
| Commentary : The Japanese yen trades marginally higher on Thursday and stabilizes below 116.00 mark. The pair made intraday high at 116.18 and low at 115.82 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 116.12 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 | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below 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 : 116.50 | – Take Profit : 115.50 | ||
| – Stop Loss : 115.91 | – Stop Loss : 116.05 | ||
GOLD
| Commentary : The gold remained highly volatile in previous session as touched $1,829 mark overnight and currently trading around $1,805 mark. Today pair made intraday high at $1,811 and low at $1,805 mark. A triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above $1,811 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,798 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 | 1811 | S1 | 1802 |
| R2 | 1816 | S2 | 1798 |
| R3 | 1821 | S3 | 1792 |
| R4 | 1827 | S4 | 1786 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1810 | Sell Below : 1804 | ||
| – Take Profit : 1816 | – Take Profit : 1798 | ||
| – Stop Loss : 1806 | – Stop Loss : 1809 | ||
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