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SpanishDAILY ANALYSIS REPORT JULY 15 2022
AUD / USD
| Commentary : The Aussie falls on Friday after China’s lower than expected GDP results. Today pair made intraday high at $0.6764 and low at $0.6736 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $0.6772 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6730 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 | 0.6772 | S1 | 0.6730 |
| R2 | 0.6796 | S2 | 0.6712 |
| R3 | 0.6818 | S3 | 0.6684 |
| R4 | 0.6848 | S4 | 0.6665 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 0.6772 | Sell Below : 0.6732 | ||
| – Take Profit : 0.6799 | – Take Profit : 0.6701 | ||
| – Stop Loss : 0.6740 | – Stop Loss : 0.6770 | ||
EUR / USD
| Commentary : The euro enjoys roller coaster movement and remains well supported above $1.0000 mark. Today the pair made intraday high at $1.0041 and low at $1.0011 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 $1.0000 on H1 chart will check further supports. European 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 | 1.0050 | S1 | 0.9990 |
| R2 | 1.0072 | S2 | 0.9965 |
| R3 | 1.0098 | S3 | 0.9947 |
| R4 | 1.0122 | S4 | 0.9920 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.0050 | Sell Below : 0.9998 | ||
| – Take Profit : 1.0078 | – Take Profit : 0.9960 | ||
| – Stop Loss : 1.0021 | – Stop Loss : 1.0022 | ||
GBP / USD
| Commentary : The sterling remains almost unchanged on Friday and hovers around $1.1830 mark. Today pair made intraday high at $1.1851 and low at $1.1818 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.1850 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1810 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 | 1.1850 | S1 | 1.1810 |
| R2 | 1.1872 | S2 | 1.1778 |
| R3 | 1.1896 | S3 | 1.1755 |
| R4 | 1.1926 | S4 | 1.1721 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.1850 | Sell Below : 1.1810 | ||
| – Take Profit : 1.1876 | – Take Profit : 1.1778 | ||
| – Stop Loss : 1.1818 | – Stop Loss : 1.1840 | ||
USD / CAD
| Commentary : The CAD fell sharply in previous session after robust U.S. CPI data and hit lowest level since Nov 2020 mark. Today the pair made intraday high at 1.3129 and low at 1.3093 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.3130 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.3090 on H1 chart will check key supports too. Canada’s wholesale Sales data will remain in focus. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3130 | S1 | 1.3090 |
| R2 | 1.3155 | S2 | 1.3065 |
| R3 | 1.3176 | S3 | 1.3050 |
| R4 | 1.3205 | S4 | 1.3030 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3130 | Sell Below : 1.3090 | ||
| – Take Profit : 1.3165 | – Take Profit : 1.3058 | ||
| – Stop Loss : 1.3102 | – Stop Loss : 1.3120 | ||
USD / JPY
| Commentary : The Japanese yen depreciates extremely against U.S. dollar and hits fresh low since Sept 1998. The pair made intraday high at 139.08 and low at 138.76 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 139.26 on H1 chart requires for the upside rally. Alternatively, a consistent close below 138.72 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 | 139.26 | S1 | 138.72 |
| R2 | 139.55 | S2 | 138.47 |
| R3 | 139.84 | S3 | 138.20 |
| R4 | 140.14 | S4 | 138.01 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 139.26 | Sell Below : 138.60 | ||
| – Take Profit : 139.62 | – Take Profit : 138.20 | ||
| – Stop Loss : 138.71 | – Stop Loss : 139.07 | ||
GOLD
| Commentary : Gold depreciated noticeably in previous session as U.S. came up with the strong Inflation results and touched $1,697 mark. Today the pair made intraday high at $1,716 and low at $1,708 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,714 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,702 on H1 chart will test further supports. Traders eye U.S. Retail Sales, Industrial Production and Prelim UoM Consumer Sentiment data for the further directions of the parity. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1714 | S1 | 1702 |
| R2 | 1720 | S2 | 1696 |
| R3 | 1726 | S3 | 1689 |
| R4 | 1732 | S4 | 1684 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1714 | Sell Below : 1704 | ||
| – Take Profit : 1720 | – Take Profit : 1696 | ||
| – Stop Loss : 1708 | – Stop Loss : 1710 | ||
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