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SpanishDAILY ANALYSIS REPORT JULY 11 2022
AUD / USD
| Commentary : The Aussie starts a new week on a lower note and trading around $0.6830 mark. Today pair made intraday high at $0.6854 and low at $0.6815 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.6855 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6822 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 | 0.6855 | S1 | 0.6812 |
| R2 | 0.6874 | S2 | 0.6782 |
| R3 | 0.6899 | S3 | 0.6750 |
| R4 | 0.6924 | S4 | 0.6720 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 0.6855 | Sell Below : 0.6812 | ||
| – Take Profit : 0.6880 | – Take Profit : 0.6785 | ||
| – Stop Loss : 0.6832 | – Stop Loss : 0.6840 | ||
EUR / USD
| Commentary : The euro trades slightly lower on Monday ahead of Eurogroup meetings and hovers around $1.0150 mark. Today the pair made intraday high at $1.0183 and low at $1.0135 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.0190 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0130 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 | 1.0190 | S1 | 1.0130 |
| R2 | 1.0224 | S2 | 1.0112 |
| R3 | 1.0250 | S3 | 1.0091 |
| R4 | 1.0272 | S4 | 1.0062 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.0190 | Sell Below : 1.0120 | ||
| – Take Profit : 1.0228 | – Take Profit : 0.0070 | ||
| – Stop Loss : 1.0151 | – Stop Loss : 1.0151 | ||
GBP / USD
| Commentary : The sterling moves in narrow range during Asian hours and stabilizes back below $1.20 mark. Today pair made intraday high at $1.2036 and low at $1.1976 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.2020 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1970 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 | 1.2020 | S1 | 1.1965 |
| R2 | 1.2055 | S2 | 1.1932 |
| R3 | 1.2076 | S3 | 1.1908 |
| R4 | 1.2099 | S4 | 1.1882 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2020 | Sell Below : 1.1960 | ||
| – Take Profit : 1.2062 | – Take Profit : 1.1915 | ||
| – Stop Loss : 1.1980 | – Stop Loss : 1.1999 | ||
USD / CAD
| Commentary : The CAD erases previous gain against U.S. dollar and jumps back above 1.2950 mark. Today the pair made intraday high at 1.2981 and low at 1.2940 mark. Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above 1.2990 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2950 on H1 chart will check key supports too. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Down MA | ||
| RSI (Period=26) | Down RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2990 | S1 | 1.2950 |
| R2 | 1.3022 | S2 | 1.2921 |
| R3 | 1.3055 | S3 | 1.2901 |
| R4 | 1.3070 | S4 | 1.2878 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2990 | Sell Below : 1.2950 | ||
| – Take Profit : 1.3015 | – Take Profit : 1.2920 | ||
| – Stop Loss : 1.2962 | – Stop Loss : 1.2980 | ||
USD / JPY
| Commentary : The Japanese yen falls extremely on Monday after BoJ Gov Kuroda’s comments on economy as well Former PM Shinzo Abe shot dead last week. The pair made intraday high at 137.27 and low at 135.94 mark. The JPY hit lowest level since Sept 1998. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 137.15 on H1 chart requires for the upside rally. Alternatively, a consistent close below 136.00 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 | 137.30 | S1 | 136.50 |
| R2 | 137.58 | S2 | 136.22 |
| R3 | 137.90 | S3 | 135.80 |
| R4 | 138.24 | S4 | 135.55 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 137.30 | Sell Below : 136.55 | ||
| – Take Profit : 137.70 | – Take Profit : 136.12 | ||
| – Stop Loss : 136.80 | – Stop Loss : 137.00 | ||
GOLD
| Commentary : Gold trades almost flat on Monday and consolidates around $1,740 mark. Today the pair made intraday high at $1,744 and low at $1,738 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,748 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,732 on H1 chart will test further supports. U.S. Economic Calendar will remain empty for the day. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1748 | S1 | 1732 |
| R2 | 1752 | S2 | 1726 |
| R3 | 1758 | S3 | 1721 |
| R4 | 1764 | S4 | 1715 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1748 | Sell Below : 1738 | ||
| – Take Profit : 1755 | – Take Profit : 1730 | ||
| – Stop Loss : 1741 | – Stop Loss : 1744 | ||
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