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SpanishDAILY ANALYSIS REPORT JULY 13 2022
AUD / USD
| Commentary : The Aussie recovers from previous losses and currently stabilizes above $0.6750 mark. Today pair made intraday high at $0.6778 and low at $0.6741 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $0.6786 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6740 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 | 0.6786 | S1 | 0.6740 |
| R2 | 0.6802 | S2 | 0.6712 |
| R3 | 0.6826 | S3 | 0.6684 |
| R4 | 0.6851 | S4 | 0.6665 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 0.6785 | Sell Below : 0.6750 | ||
| – Take Profit : 0.6815 | – Take Profit : 0.6727 | ||
| – Stop Loss : 0.6755 | – Stop Loss : 0.6776 | ||
EUR / USD
| Commentary : The euro moves in rigid boundaries on Wednesday ahead of Euro Zone’s Industrial Production data and hovers around $1.0030 mark. Today the pair made intraday high at $1.0047 and low at $1.0022 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.0050 on H1 chart requires for the upside rally. Alternatively, a sustained close below $0.9990 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 | 1.0050 | S1 | 0.9990 |
| R2 | 1.0072 | S2 | 0.9965 |
| R3 | 1.0097 | S3 | 0.9947 |
| R4 | 1.0122 | S4 | 0.9920 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.0050 | Sell Below : 0.9990 | ||
| – Take Profit : 1.0098 | – Take Profit : 0.9947 | ||
| – Stop Loss : 1.0010 | – Stop Loss : 1.0032 | ||
GBP / USD
| Commentary : The sterling starts a new day on a flat note ahead of U.K.’s GDP data and hovers around $1.1900 mark. Today pair made intraday high at $1.1918 and low at $1.1869 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.1926 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1872 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 | 1.1926 | S1 | 1.1872 |
| R2 | 1.1954 | S2 | 1.1850 |
| R3 | 1.1978 | S3 | 1.1821 |
| R4 | 1.2004 | S4 | 1.1802 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.1930 | Sell Below : 1.1870 | ||
| – Take Profit : 1.1965 | – Take Profit : 1.1840 | ||
| – Stop Loss : 1.1902 | – Stop Loss : 1.1902 | ||
USD / CAD
| Commentary : The CAD remains slightly volatile in early Asia ahead of Bank of Canada’s Interest Rate Decision and remains well supported above 1.3000 mark. Today the pair made intraday high at 1.3034 and low at 1.3000 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.3040 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.3000 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 | 1.3040 | S1 | 1.3000 |
| R2 | 1.3055 | S2 | 1.2982 |
| R3 | 1.3072 | S3 | 1.2965 |
| R4 | 1.3099 | S4 | 1.2951 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3037 | Sell Below : 1.3001 | ||
| – Take Profit : 1.3070 | – Take Profit : 1.2962 | ||
| – Stop Loss : 1.3001 | – Stop Loss : 1.3022 | ||
USD / JPY
| Commentary : The Japanese yen enjoys roller coaster movement and remains well supported above 137.00 mark. The pair made intraday high at 137.25 and low at 136.69 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 137.62 on H1 chart requires for the upside rally. Alternatively, a consistent close below 136.72 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 | 136.72 |
| R2 | 137.62 | S2 | 136.40 |
| R3 | 137.76 | S3 | 136.12 |
| R4 | 138.02 | S4 | 135.89 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 137.30 | Sell Below : 136.90 | ||
| – Take Profit : 137.62 | – Take Profit : 136.55 | ||
| – Stop Loss : 137.05 | – Stop Loss : 137.20 | ||
GOLD
| Commentary : Gold remained extremely volatile in opening hours and currently slips below $1,730 mark. Today the pair made intraday high at $1,744 and low at $1,723 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,738 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,726 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 | 1730 | S1 | 1721 |
| R2 | 1737 | S2 | 1715 |
| R3 | 1742 | S3 | 1708 |
| R4 | 1748 | S4 | 1702 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1730 | Sell Below : 1721 | ||
| – Take Profit : 1737 | – Take Profit : 1712 | ||
| – Stop Loss : 1724 | – Stop Loss : 1728 | ||
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