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SpanishDAILY ANALYSIS REPORT JULY 01 2022
AUD / USD
| Commentary : The Aussie falls drastically in early Asia as robust DXY index and rising U.S. Treasury Yields. The pair hits lowest level since June 2020. Today pair made intraday high at $0.6903 and low at $0.6824 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $0.6876 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6809 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 | 0.6876 | S1 | 0.6809 |
| R2 | 0.6915 | S2 | 0.6782 |
| R3 | 0.6941 | S3 | 0.6750 |
| R4 | 0.6974 | S4 | 0.672 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 0.6876 | Sell Below : 0.6809 | ||
| – Take Profit : 0.6911 | – Take Profit : 0.6778 | ||
| – Stop Loss : 0.6840 | – Stop Loss : 0.6840 | ||
EUR / USD
| Commentary : he euro remained highly volatile in previous session and currently hovers around $1.0450 mark ahead of Euro Zone’s Flash CPI, Core CPI estimate data. Today the pair made intraday high at $1.0485 and low at $1.0450 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.0472 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0430 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 | 1.0472 | S1 | 1.0430 |
| R2 | 1.0499 | S2 | 1.0400 |
| R3 | 1.0522 | S3 | 1.0378 |
| R4 | 1.0550 | S4 | 1.0350 |
| BUY | SELL | ||
 |
 |
||
| Buy Above : 1.0472 | Sell Below : 1.0430 | ||
| – Take Profit : 1.0499 | – Take Profit : 1.0402 | ||
| – Stop Loss : 1.0440 | – Stop Loss : 1.0462 | ||
GBP / USD
| Commentary : The sterling starts a new day on a lower note ahead of U.K.’s Final Manufacturing PMI data and currently trading around $1.2110 mark. Today pair made intraday high at $1.2178 and low at $1.2110 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.2150 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2102 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 | 1.2150 | S1 | 1.2102 |
| R2 | 1.2176 | S2 | 1.2082 |
| R3 | 1.2194 | S3 | 1.2050 |
| R4 | 1.2215 | S4 | 1.2021 |
| BUY | SELL | ||
 |
 |
||
| Buy Above : 1.2156 | Sell Below : 1.2091 | ||
| – Take Profit : 1.2190 | – Take Profit : 1.2057 | ||
| – Stop Loss : 1.2111 | – Stop Loss : 1.2126 | ||
USD / CAD
| Commentary : The CAD falls on Friday on the robust DXY index. In addition, Canadian banks will be closed in observance of Canada Day. Today the pair made intraday high at 1.2923 and low at 1.2866 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.2930 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2899 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 | 1.2930 | S1 | 1.2899 |
| R2 | 1.2955 | S2 | 1.2870 |
| R3 | 1.2970 | S3 | 1.2855 |
| R4 | 1.3001 | S4 | 1.2830 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2930 | Sell Below : 1.2891 | ||
| – Take Profit : 1.2962 | – Take Profit : 1.2865 | ||
| – Stop Loss : 1.2905 | – Stop Loss : 1.2915 | ||
USD / JPY
| Commentary : The Japanese yen recovers extremely from previous losses and touches 135.08 mark in Asian hours. The pair made intraday high at 135.98 and low at 135.08 mark. The triple EMA on a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above 136.05 on H1 chart requires for the upside rally. Alternatively, a consistent close below 134.90 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 | 136.05 | S1 | 134.90 |
| R2 | 136.36 | S2 | 134.65 |
| R3 | 136.72 | S3 | 134.30 |
| R4 | 137.01 | S4 | 134.12 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 136.05 | Sell Below : 134.81 | ||
| – Take Profit : 136.56 | – Take Profit : 134.50 | ||
| – Stop Loss : 135.68 | – Stop Loss : 135.30 | ||
GOLD
| Commentary : Gold trades noticeably lower on Friday ahead of U.S. ISM Manufacturing PMI data and touches $1,800 mark. Today the pair made intraday high at $1,807 and low at $1,800 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,808 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,799 on H1 chart will test further supports. Later today U.S.ISM Manufacturing PMI data will provide further directions to the parity. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1808 | S1 | 1799 |
| R2 | 1814 | S2 | 1792 |
| R3 | 1818 | S3 | 1786 |
| R4 | 1824 | S4 | 1781 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1808 | Sell Below : 1799 | ||
| – Take Profit : 1815 | – Take Profit : 1794 | ||
| – Stop Loss : 1802 | – Stop Loss : 1806 | ||
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