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SpanishDAILY ANALYSIS REPORT JULY 18 2022
AUD / USD
| Commentary : The Aussie trades marginally higher on Monday and stabilizes above $0.6800 mark. Today pair made intraday high at $0.6818 and low at $0.6784 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.6822 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6788 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 | 0.6822 | S1 | 0.6788 |
| R2 | 0.6850 | S2 | 0.6765 |
| R3 | 0.6872 | S3 | 0.6740 |
| R4 | 0.6899 | S4 | 0.6712 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 0.6822 | Sell Below : 0.6794 | ||
| – Take Profit : 0.6847 | – Take Profit : 0.6762 | ||
| – Stop Loss : 0.6799 | – Stop Loss : 0.6820 | ||
EUR / USD
| Commentary : The euro remains almost unchanged from the previous close and stabilizes below $1.0100 mark. Today the pair made intraday high at $1.0114 and low at $1.0078 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.0120 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0072 on H1 chart will check further supports. European Calendar will remain light 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 | 1.0120 | S1 | 1.0072 |
| R2 | 1.0148 | S2 | 1.0050 |
| R3 | 1.0172 | S3 | 1.0022 |
| R4 | 1.0190 | S4 | 0.9980 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.0124 | Sell Below : 1.0071 | ||
| – Take Profit : 1.0158 | – Take Profit : 1.0030 | ||
| – Stop Loss : 1.0098 | – Stop Loss : 1.0098 | ||
GBP / USD
| Commentary : The sterling exhibits range bound movement and currently stabilizes below $1.1900 mark. Today pair made intraday high at $1.1906 and low at $1.1862 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.1899 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1850 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 | 1.1912 | S1 | 1.1850 |
| R2 | 1.1930 | S2 | 1.1822 |
| R3 | 1.1955 | S3 | 1.1801 |
| R4 | 1.1976 | S4 | 1.1784 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.1912 | Sell Below : 1.1868 | ||
| – Take Profit : 1.1950 | – Take Profit : 1.1840 | ||
| – Stop Loss : 1.1880 | – Stop Loss : 1.1896 | ||
USD / CAD
| Commentary : The CAD starts a new week on a positive note and hovers around 1.3000 mark. Today the pair made intraday high at 1.3025 and low at 1.2986 mark. Today a day chart is up and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above 1.3020 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2990 on H1 chart will check key supports too. Canada’s housing start 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 | 1.3030 | S1 | 1.2990 |
| R2 | 1.3155 | S2 | 1.2972 |
| R3 | 1.3172 | S3 | 1.2950 |
| R4 | 1.3099 | S4 | 1.2922 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3020 | Sell Below : 1.2972 | ||
| – Take Profit : 1.3051 | – Take Profit : 1.2938 | ||
| – Stop Loss : 1.2991 | – Stop Loss : 1.3000 | ||
USD / JPY
| Commentary : The Japanese yen moves in rigid boundaries as Japanese banks will be closed in observance of Marine Day. The pair made intraday high at 138.56 and low at 138.02 mark. The triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above 138.56 on H1 chart requires for the upside rally. Alternatively, a consistent close below 138.10 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 | 138.56 | S1 | 138.00 |
| R2 | 138.90 | S2 | 137.76 |
| R3 | 139.22 | S3 | 137.48 |
| R4 | 139.50 | S4 | 137.15 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 138.58 | Sell Below : 138.11 | ||
| – Take Profit : 138.89 | – Take Profit : 137.72 | ||
| – Stop Loss : 138.24 | – Stop Loss : 138.50 | ||
GOLD
| Commentary : Gold appreciates in early Asian hours on Monday and touches $1,717 mark. U.S. Calendar will remain empty for the day. Today the pair made intraday high at $1,717 and low at $1,707 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,721 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,708 on H1 chart will test further supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1721 | S1 | 1704 |
| R2 | 1728 | S2 | 1698 |
| R3 | 1732 | S3 | 1691 |
| R4 | 1738 | S4 | 1684 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1721 | Sell Below : 1708 | ||
| – Take Profit : 1728 | – Take Profit : 1701 | ||
| – Stop Loss : 1716 | – Stop Loss : 1715 | ||
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