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SpanishDAILY ANALYSIS REPORT JANUARY 26 2022
AUD / USD
| Commentary : The Aussie moves in stiff boundaries as Australian banks will be closed in observance of Australia Day. Today pair made intraday high at $0.7165 and low at $0.7144 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $0.7170 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7130 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 | 0.7170 | S1 | 0.7140 |
| R2 | 0.7190 | S2 | 0.7122 |
| R3 | 0.7221 | S3 | 0.7102 |
| R4 | 0.7240 | S4 | 0.7080 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7170 | Sell Below : 0.7140 | ||
| – Take Profit : 0.7200 | – Take Profit : 0.7109 | ||
| – Stop Loss : 0.7147 | – Stop Loss : 0.7165 | ||
EUR / USD
| Commentary : The Euro rises slightly during Asian hours and jumps back above $1.1300 mark. The pair made intraday high at $1.1310 and low at $1.1293 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1330 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 | 1.1330 | S1 | 1.1290 |
| R2 | 1.1350 | S2 | 1.1262 |
| R3 | 1.1378 | S3 | 1.1255 |
| R4 | 1.1401 | S4 | 1.1218 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1318 | Sell Below : 1.1289 | ||
| – Take Profit : 1.1350 | – Take Profit : 1.1262 | ||
| – Stop Loss : 1.1292 | – Stop Loss : 1.1310 | ||
GBP / USD
| Commentary : The sterling remains volatile during Asian hours and hovers around $1.3500 mark. Today pair made intraday high at $1.3520 and low at $1.3484 mark. A day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above $1.3525 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3482 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 | 1.3525 | S1 | 1.3482 |
| R2 | 1.3540 | S2 | 1.3450 |
| R3 | 1.3572 | S3 | 1.3412 |
| R4 | 1.3599 | S4 | 1.3400 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3525 | Sell Below : 1.3484 | ||
| – Take Profit : 1.356 | – Take Profit : 1.3452 | ||
| – Stop Loss : 1.3499 | – Stop Loss : 1.3518 | ||
USD / CAD
| Commentary : The CAD starts a new day on a positive note ahead of Bank of Canada’s Interest Rate Decision and hovers around 1.2600 mark. Pair made intraday high at 1.2630 and low at 1.2599 mark. Today a day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2626 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2599 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 | 1.2626 | S1 | 1.2599 |
| R2 | 1.2660 | S2 | 1.2570 |
| R3 | 1.2686 | S3 | 1.2550 |
| R4 | 1.2702 | S4 | 1.2510 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2630 | Sell Below : 1.2596 | ||
| – Take Profit : 1.2672 | – Take Profit : 1.2560 | ||
| – Stop Loss : 1.2602 | – Stop Loss : 1.2621 | ||
USD / JPY
| Commentary : The Japanese yen remains almost unchanged despite robust SPPI results and stabilizes below 114.00 mark. The pair made intraday high at 113.92 and low at 113.77 mark. The triple EMA on a day chart and H1 chart suggests bearish trend for the time being. A sustained close above 114.01 on H1 chart requires for the upside rally. Alternatively, a consistent close below 113.72 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 | 114.01 | S1 | 113.72 |
| R2 | 114.30 | S2 | 113.57 |
| R3 | 114.50 | S3 | 113.38 |
| R4 | 114.77 | S4 | 113.12 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 114.01 | Sell Below : 113.70 | ||
| – Take Profit : 114.30 | – Take Profit : 113.50 | ||
| – Stop Loss : 113.78 | – Stop Loss : 113.95 | ||
GOLD
| Commentary : The gold trades flat ahead of U.S. FOMC Interest rate decision and remains well supported above $1,840 mark. Today pair made intraday high at $1,850 and low at $1,846 mark. A triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above $1,852 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,831 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 | 1854 | S1 | 1842 |
| R2 | 1860 | S2 | 1837 |
| R3 | 1864 | S3 | 1831 |
| R4 | 1871 | S4 | 1826 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1855 | Sell Below : 1842 | ||
| – Take Profit : 1867 | – Take Profit : 1827 | ||
| – Stop Loss : 1847 | – Stop Loss : 1848 | ||
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