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SpanishDAILY ANALYSIS REPORT JULY 21 2022
AUD / USD
| Commentary : The Aussie trades almost flat on Thursday and hovers around $0.6900 mark. Today pair made intraday high at $0.6898 and low at $0.6879 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.6904 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6872 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 | 0.6904 | S1 | 0.6872 |
| R2 | 0.6930 | S2 | 0.6855 |
| R3 | 0.6957 | S3 | 0.6822 |
| R4 | 0.6976 | S4 | 0.6800 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 0.6905 | Sell Below : 0.6872 | ||
| – Take Profit : 0.6930 | – Take Profit : 0.6850 | ||
| – Stop Loss : 0.6880 | – Stop Loss : 0.6900 | ||
EUR / USD
| Commentary : The euro trades marginally higher on Thursday ahead of ECB’s Interest Rate Decision due at 1215 GMT. Today the pair made intraday high at $1.0213 and low at $1.0173 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.0230 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0172 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 | 1.0230 | S1 | 1.0172 |
| R2 | 1.0265 | S2 | 1.0150 |
| R3 | 1.0290 | S3 | 1.0122 |
| R4 | 1.0315 | S4 | 1.0100 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.0230 | Sell Below : 1.0172 | ||
| – Take Profit : 1.0262 | – Take Profit : 1.013 | ||
| – Stop Loss : 1.0202 | – Stop Loss : 1.0205 | ||
GBP / USD
| Commentary : The sterling fell in previous session after robust CPI readings and currently stabilizes below $1.2000 mark. Today pair made intraday high at $1.1992 and low at $1.1958 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.2005 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1957 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 | 1.2005 | S1 | 1.1957 |
| R2 | 1.2030 | S2 | 1.1922 |
| R3 | 1.2055 | S3 | 1.1901 |
| R4 | 1.2076 | S4 | 1.1878 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2005 | Sell Below : 1.1962 | ||
| – Take Profit : 1.2032 | – Take Profit : 1.1932 | ||
| – Stop Loss : 1.1982 | – Stop Loss : 1.1990 | ||
USD / CAD
| Commentary : The CAD exhibits range bound movement and consolidates around 1.2875 mark. Today the pair made intraday high at 1.2896 and low at 1.2865 mark. Today a day chart is up and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above 1.2904 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2850 on H1 chart will check key supports too. Canada’s CPI data will remain in focus. | |||
| ndicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2904 | S1 | 1.2850 |
| R2 | 1.2930 | S2 | 1.2821 |
| R3 | 1.2955 | S3 | 1.2800 |
| R4 | 1.2976 | S4 | 1.2781 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2890 | Sell Below : 1.2850 | ||
| – Take Profit : 1.2922 | – Take Profit : 1.2821 | ||
| – Stop Loss : 1.2860 | – Stop Loss : 1.2876 | ||
USD / JPY
| Commentary : The Japanese yen remains volatile immediately after BoJ’s Interest Rate Decision and currently hovers around 138.30 mark. The pair made intraday high at 138.55 and low at 137.98 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 138.50 on H1 chart requires for the upside rally. Alternatively, a consistent close below 137.87 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 | 138.55 | S1 | 137.87 |
| R2 | 138.72 | S2 | 137.65 |
| R3 | 138.90 | S3 | 137.48 |
| R4 | 139.15 | S4 | 137.15 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 138.55 | Sell Below : 137.91 | ||
| – Take Profit : 138.90 | – Take Profit : 137.51 | ||
| – Stop Loss : 138.20 | – Stop Loss : 138.26 | ||
GOLD
| Commentary : Gold spiked down sharply in previous session and touched $1,690 mark. Today the pair made intraday high at $1,695 and low at $1,691 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,702 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,690 on H1 chart will test further supports. Later today U.S. Philly Fed Manufacturing Index 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 | 1702 | S1 | 1686 |
| R2 | 1708 | S2 | 1682 |
| R3 | 1714 | S3 | 1676 |
| R4 | 1720 | S4 | 1671 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1698 | Sell Below : 1688 | ||
| – Take Profit : 1704 | – Take Profit : 1681 | ||
| – Stop Loss : 1691 | – Stop Loss : 1694 | ||
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