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SpanishDAILY ANALYSIS REPORT JANUARY 10 2022
AUD / USD
| Commentary : The Aussie rises on Monday after robust Building Approval results and hovers around key resistance at $0.7190 mark. Today pair made intraday high at $0.7197 and low at $0.7168 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7199 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7170 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 | 0.7199 | S1 | 0.7170 |
| R2 | 0.7226 | S2 | 0.7150 |
| R3 | 0.7250 | S3 | 0.7127 |
| R4 | 0.7272 | S4 | 0.7097 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7199 | Sell Below : 0.7168 | ||
| – Take Profit : 0.7226 | – Take Profit : 0.7140 | ||
| – Stop Loss : 0.7171 | – Stop Loss : 0.7190 | ||
EUR / USD
| Commentary : The Euro trades marginally lower in early Asia and stabilizes below $1.1360 mark ahead of Euro’s Unemployment rate data. The pair made intraday high at $1.1360 and low at $1.1338 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.1362 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1330 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 | 1.1362 | S1 | 1.1330 |
| R2 | 1.1384 | S2 | 1.1312 |
| R3 | 1.1410 | S3 | 1.1280 |
| R4 | 1.1438 | S4 | 1.1254 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1354 | Sell Below : 1.1327 | ||
| – Take Profit : 1.1376 | – Take Profit : 1.1302 | ||
| – Stop Loss : 1.1332 | – Stop Loss : 1.1348 | ||
GBP / USD
| Commentary : The sterling trades flat on Monday and hovers around $1.3590 mark. Today pair made intraday high at $1.3597 and low at $1.3571 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $1.3595 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3572 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 | 1.3595 | S1 | 1.3554 |
| R2 | 1.3618 | S2 | 1.3522 |
| R3 | 1.3637 | S3 | 1.3500 |
| R4 | 1.3650 | S4 | 1.3480 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3598 | Sell Below : 1.3562 | ||
| – Take Profit : 1.3630 | – Take Profit : 1.3530 | ||
| – Stop Loss : 1.3570 | – Stop Loss : 1.3590 | ||
USD / CAD
| Commentary : The CAD exhibits range bound movement as Economic Calendar is empty for the Canada today. Pair made intraday high at 1.2656 to 1.2634 mark. Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above 1.2675 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2630 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 | 1.2658 | S1 | 1.2630 |
| R2 | 1.2675 | S2 | 1.2605 |
| R3 | 1.2700 | S3 | 1.2582 |
| R4 | 1.2723 | S4 | 1.2565 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2660 | Sell Below : 1.2630 | ||
| – Take Profit : 1.2687 | – Take Profit : 1.2602 | ||
| – Stop Loss : 1.2632 | – Stop Loss : 1.2655 | ||
USD / JPY
| Commentary : The Japanese yen trades marginally lower on Monday and remains well supported above 115.50 mark. The pair made intraday high at 115.69 and low at 115.47 mark. The triple EMA on a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above 115.75 on H1 chart requires for the upside rally. Alternatively, a consistent close below 115.47 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 | 115.75 | S1 | 115.47 |
| R2 | 116.00 | S2 | 115.26 |
| R3 | 116.30 | S3 | 115.00 |
| R4 | 116.67 | S4 | 114.76 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 115.80 | Sell Below : 115.47 | ||
| – Take Profit : 116.10 | – Take Profit : 115.12 | ||
| – Stop Loss : 115.58 | – Stop Loss : 115.70 | ||
GOLD
| Commentary : The gold depreciates in early Asian hours and hovers around $1,790 mark. Today pair made intraday high at $1,796 and low at $1,790 mark. A triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above $1,796 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,786 will check further supports. U.S. calendar is empty for the day. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1796 | S1 | 1784 |
| R2 | 1802 | S2 | 1778 |
| R3 | 1808 | S3 | 1772 |
| R4 | 1814 | S4 | 1767 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1796 | Sell Below : 1785 | ||
| – Take Profit : 1804 | – Take Profit : 1780 | ||
| – Stop Loss : 1791 | – Stop Loss : 1789 | ||
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