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SpanishDAILY ANALYSIS REPORT JANUARY 28 2022
AUD / USD
| Commentary : The Aussie remains almost unchanged despite robust PPI results and stabilizes below $0.7050 mark. Today pair made intraday high at $0.7045 and low at $0.7026 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $0.7050 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7021 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 | 0.7050 | S1 | 0.7021 |
| R2 | 0.7072 | S2 | 0.7002 |
| R3 | 0.7099 | S3 | 0.6981 |
| R4 | 0.7124 | S4 | 0.6965 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7050 | Sell Below : 0.7021 | ||
| – Take Profit : 0.7076 | – Take Profit : 0.6992 | ||
| – Stop Loss : 0.7025 | – Stop Loss : 0.7047 | ||
EUR / USD
| Commentary : The Euro trades flat on Friday and takes a halt around $1.1150 mark. The pair made intraday high at $1.1155 and low at $1.1137mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1162 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1137 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 | 1.1162 | S1 | 1.1137 |
| R2 | 1.1190 | S2 | 1.1115 |
| R3 | 1.1212 | S3 | 1.1100 |
| R4 | 1.1240 | S4 | 1.1080 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1165 | Sell Below : 1.1132 | ||
| – Take Profit : 1.1190 | – Take Profit : 1.1099 | ||
| – Stop Loss : 1.1140 | – Stop Loss : 1.1160 | ||
GBP / USD
| Commentary : The sterling recovers slightly from previous losses and hovers around $1.3400 mark. Today pair made intraday high at $1.3404 and low at $1.3367 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1.3410 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3372 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 | 1.3410 | S1 | 1.3372 |
| R2 | 1.3430 | S2 | 1.3357 |
| R3 | 1.3465 | S3 | 1.3326 |
| R4 | 1.3490 | S4 | 1.3301 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3411 | Sell Below : 1.3370 | ||
| – Take Profit : 1.3440 | – Take Profit : 1.3337 | ||
| – Stop Loss : 1.3383 | – Stop Loss : 1.3405 | ||
USD / CAD
| Commentary : The CAD trades slightly higher in early Asian hours and hovers around 1.2720 mark. Pair made intraday high at 1.2748 and low at 1.2712 mark. Today a day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2750 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2712 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 | 1.2750 | S1 | 1.2712 |
| R2 | 1.2772 | S2 | 1.2700 |
| R3 | 1.2799 | S3 | 1.2678 |
| R4 | 1.2815 | S4 | 1.2650 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2751 | Sell Below : 1.2711 | ||
| – Take Profit : 1.2781 | – Take Profit : 1.2680 | ||
| – Stop Loss : 1.2722 | – Stop Loss : 1.2733 | ||
USD / JPY
| Commentary : The Japanese yen remains volatile in early Asia as Tokyo Core CPI data fails to meet expectations and jumps back above 115.00 mark. The pair made intraday high at 115.47 and low at 115.25 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 115.47 on H1 chart requires for the upside rally. Alternatively, a consistent close below 115.15 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 | 115.47 | S1 | 115.15 |
| R2 | 115.78 | S2 | 114.90 |
| R3 | 115.99 | S3 | 114.65 |
| R4 | 116.24 | S4 | 114.30 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 115.50 | Sell Below : 115.15 | ||
| – Take Profit : 115.77 | – Take Profit : 114.91 | ||
| – Stop Loss : 115.26 | – Stop Loss : 115.40 | ||
GOLD
| Commentary : The gold fell sharply against U.S. dollar on robust U.S. Advance GDP data and touched $1,791 mark in previous session. Today pair made intraday high at $1,799 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 $1,802 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,791 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 | 1802 | S1 | 1791 |
| R2 | 1808 | S2 | 1786 |
| R3 | 1814 | S3 | 1781 |
| R4 | 1820 | S4 | 1776 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1802 | Sell Below : 1789 | ||
| – Take Profit : 1808 | – Take Profit : 1784 | ||
| – Stop Loss : 1796 | – Stop Loss : 1794 | ||
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