English
Arabic
Chinese (Simplified)
Dutch
French
German
Italian
Portuguese
Russian
SpanishDAILY ANALYSIS REPORT JULY 26 2022
AUD / USD
| Commentary : The Aussie remains volatile in early Asia and remains well supported below $0.6980 mark. Today pair made intraday high at $0.6983 and low at $0.6948 mark. A day chart is down and H1 chart with triple EMA suggests bullish trend for the time being. A sustained close above $0.6980 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6940 will check further supports. Australia’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 | 0.6984 | S1 | 0.6940 |
| R2 | 0.7012 | S2 | 0.6921 |
| R3 | 0.7030 | S3 | 0.6890 |
| R4 | 0.7055 | S4 | 0.6872 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 0.6981 | Sell Below : 0.6941 | ||
| – Take Profit : 0.7022 | – Take Profit : 0.6912 | ||
| – Stop Loss : 0.6950 | – Stop Loss : 0.6976 | ||
EUR / USD
| Commentary : The euro remains almost unchanged on Tuesday and consolidates around $1.0230 mark. Today the pair made intraday high at $1.0250 and low at $1.0214 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.0240 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0212 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 | 1.0240 | S1 | 1.0212 |
| R2 | 1.0265 | S2 | 1.0178 |
| R3 | 1.0290 | S3 | 1.0155 |
| R4 | 1.0315 | S4 | 1.0130 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.0251 | Sell Below : 1.0210 | ||
| – Take Profit : 1.0282 | – Take Profit : 1.0172 | ||
| – Stop Loss : 1.0222 | – Stop Loss : 1.0240 | ||
GBP / USD
| Commentary : The sterling trades marginally higher on Tuesday ahead of CBI realized sales data and stabilizes above $1.2050 mark. Today pair made intraday high at $1.2090 and low at $1.2035 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.2082 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2040 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 | 1.2090 | S1 | 1.2040 |
| R2 | 1.2122 | S2 | 1.2015 |
| R3 | 1.2150 | S3 | 1.2002 |
| R4 | 1.2178 | S4 | 1.1982 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2090 | Sell Below : 1.2040 | ||
| – Take Profit : 1.2122 | – Take Profit : 1.2008 | ||
| – Stop Loss : 1.2060 | – Stop Loss : 1.2076 | ||
USD / CAD
| Commentary : The CAD moves in rigid boundaries on Tuesday and trading around 1.2840 mark. Today the pair made intraday high at 1.2854 and low at 1.2824 mark. Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above 1.2852 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2822 on H1 chart will check key supports too. | |||
| ndicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2852 | S1 | 1.2822 |
| R2 | 1.2876 | S2 | 1.2802 |
| R3 | 1.2899 | S3 | 1.2784 |
| R4 | 1.2924 | S4 | 1.2761 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2870 | Sell Below : 1.2821 | ||
| – Take Profit : 1.2901 | – Take Profit : 1.2787 | ||
| – Stop Loss : 1.2840 | – Stop Loss : 1.2855 | ||
USD / JPY
| Commentary : The Japanese yen trades almost flat on Tuesday and hovers around 136.50 mark. The pair made intraday high at 136.67 and low at 136.27 mark. The triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above 136.72 on H1 chart requires for the upside rally. Alternatively, a consistent close below 136.30 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 | 136.72 | S1 | 136.22 |
| R2 | 136.96 | S2 | 135.87 |
| R3 | 137.22 | S3 | 135.65 |
| R4 | 137.50 | S4 | 135.40 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 136.72 | Sell Below : 136.22 | ||
| – Take Profit : 136.99 | – Take Profit : 135.89 | ||
| – Stop Loss : 136.30 | – Stop Loss : 136.57 | ||
GOLD
| Commentary : Gold remains slightly volatile on Tuesday and remains well supported above $1,718 mark ahead of Richmond Manufacturing Index data. Today the pair made intraday high at $1,728 and low at $1,718 mark. Today a day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1,728 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,718 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 | 1728 | S1 | 1718 |
| R2 | 1732 | S2 | 1712 |
| R3 | 1738 | S3 | 1708 |
| R4 | 1742 | S4 | 1702 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1728 | Sell Below : 1716 | ||
| – Take Profit : 1735 | – Take Profit : 1709 | ||
| – Stop Loss : 1722 | – Stop Loss : 1722 | ||
Download Report in PDF
We provide every solution to start your own
TP Global FX Research Team
With a decade of Forex Market insight, TP Global FX Research Team delivers you the Market Insight that boosts your Trading Skills
Disclamer:
Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note that even knowledgeable and well-experienced investors can experience large potential losses as a result of trading in Forex and CFDs. Consequently, investors should be fully aware of all the risks involved when trading Forex and CFDs and accept all the negative consequences associated with such trading. Please always remember that trading in Forex and CFDs might not be suitable for all investors. It is desirable investors who would consider trading, to do so only with money that they can afford to lose. You are also recommended to seek independent financial advice if necessary. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. Apple, the Apple logo, iPod, iPad, iPod touch, and iTunes are trademarks of Apple Inc, registered in the US and other countries. IPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc. This site is run and operated by – TP Global Services Limited registered by FSA, St. Vincent and the Grenadines with Number 25274 BC 2019 TP Global Services Limited does not offer its services to residents of certain jurisdictions such as USA, and British Columbia.