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SpanishDAILY ANALYSIS REPORT JANUARY 27 2022
AUD / USD
| Commentary : The Aussie weakens sharply and slips below $0.7100 mark. Today pair made intraday high at $0.7121 and low at $0.7072 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $0.7121 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7070 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 | 0.7121 | S1 | 0.7070 |
| R2 | 0.7140 | S2 | 0.7050 |
| R3 | 0.7172 | S3 | 0.7020 |
| R4 | 0.7199 | S4 | 0.7002 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7122 | Sell Below : 0.7070 | ||
| – Take Profit : 0.7150 | – Take Profit : 0.7038 | ||
| – Stop Loss : 0.7090 | – Stop Loss : 0.7102 | ||
EUR / USD
| Commentary : The Euro continues to trade lower and hits lowest level since Nov 26, 2021 mark. The pair made intraday high at $1.1243 and low at $1.1221 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1255 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1200 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 | 1.1255 | S1 | 1.1200 |
| R2 | 1.1278 | S2 | 1.1176 |
| R3 | 1.1299 | S3 | 1.1150 |
| R4 | 1.1326 | S4 | 1.1115 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1240 | Sell Below : 1.1209 | ||
| – Take Profit : 1.1265 | – Take Profit : 1.1178 | ||
| – Stop Loss : 1.1220 | – Stop Loss : 1.1232 | ||
GBP / USD
| Commentary : The sterling falls gradually against U.S. dollar and trading around $1.3450 mark. Today pair made intraday high at $1.3467 and low at $1.3432 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1.3470 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3430 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 | 1.3470 | S1 | 1.3430 |
| R2 | 1.3499 | S2 | 1.3400 |
| R3 | 1.3522 | S3 | 1.3382 |
| R4 | 1.3550 | S4 | 1.3357 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3455 | Sell Below : 1.3422 | ||
| – Take Profit : 1.3480 | – Take Profit : 1.3395 | ||
| – Stop Loss : 1.3430 | – Stop Loss : 1.3450 | ||
USD / CAD
| Commentary : The CAD reverses previous gain against U.S. dollar after BoC’s dovish Monetary Policy and jumps back above 1.2700 mark. Pair made intraday high at 1.2710 and low at 1.2656 mark. Today a day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2715 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2655 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 | 1.2715 | S1 | 1.2655 |
| R2 | 1.2740 | S2 | 1.2630 |
| R3 | 1.2762 | S3 | 1.2600 |
| R4 | 1.2786 | S4 | 1.2580 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2715 | Sell Below : 1.2678 | ||
| – Take Profit : 1.2752 | – Take Profit : 1.2640 | ||
| – Stop Loss : 1.2680 | – Stop Loss : 1.2702 | ||
USD / JPY
| Commentary : The Japanese yen depreciates sharply and remains well supported above 114.50 mark. The pair made intraday high at 114.78 and low at 114.47 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 114.72 on H1 chart requires for the upside rally. Alternatively, a consistent close below 114.50 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 | 114.90 | S1 | 114.30 |
| R2 | 115.22 | S2 | 114.02 |
| R3 | 115.40 | S3 | 113.80 |
| R4 | 115.78 | S4 | 113.65 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 114.80 | Sell Below : 114.38 | ||
| – Take Profit : 115.05 | – Take Profit : 114.10 | ||
| – Stop Loss : 114.55 | – Stop Loss : 114.70 | ||
GOLD
| Commentary : The gold spikes down sharply after hawkish FOMC and touches $1,813 mark in early Asian hours. Today pair made intraday high at $1,822 and low at $1,813 mark. A triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above $1,826 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,812 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 | 1826 | S1 | 1811 |
| R2 | 1832 | S2 | 1806 |
| R3 | 1838 | S3 | 1801 |
| R4 | 1842 | S4 | 1795 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1818 | Sell Below : 1812 | ||
| – Take Profit : 1823 | – Take Profit : 1805 | ||
| – Stop Loss : 1814 | – Stop Loss : 1818 | ||
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