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SpanishDAILY ANALYSIS REPORT JULY 27 2022
AUD / USD
| Commentary : The Aussie remains volatile in early Asia as Australia released CPI data with flat numbers. Today pair made intraday high at $0.6957 and low at $0.6912 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $0.6950 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6902 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 | 0.6962 | S1 | 0.6902 |
| R2 | 0.6990 | S2 | 0.6881 |
| R3 | 0.7015 | S3 | 0.6855 |
| R4 | 0.7050 | S4 | 0.6830 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 0.6940 | Sell Below : 0.6902 | ||
| – Take Profit : 0.6971 | – Take Profit : 0.6872 | ||
| – Stop Loss : 0.6915 | – Stop Loss : 0.6940 | ||
EUR / USD
| Commentary : The euro trades slightly higher on Wednesday and trading around $1.0150 mark. Today the pair made intraday high at $1.0147 and low at $1.0113 mark. Today triple EMA on a day chart and H1 chart suggest down trend for the time being. A consistent close above $1.0176 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0112 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 | 1.0176 | S1 | 1.0112 |
| R2 | 1.0199 | S2 | 1.0089 |
| R3 | 1.0222 | S3 | 1.0055 |
| R4 | 1.0255 | S4 | 1.0021 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.0172 | Sell Below : 1.0128 | ||
| – Take Profit : 1.0210 | – Take Profit : 1.0090 | ||
| – Stop Loss : 1.0130 | – Stop Loss : 1.0165 | ||
GBP / USD
| Commentary : The sterling trades in narrow range and remains well supported around $1.2050 mark. U.K.’s Economic calendar will remain empty for the day. Today pair made intraday high at $1.2057 and low at $1.2016 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.2068 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2030 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 | 1.2068 | S1 | 1.2030 |
| R2 | 1.2092 | S2 | 1.2012 |
| R3 | 1.2122 | S3 | 1.1990 |
| R4 | 1.2150 | S4 | 1.1965 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2072 | Sell Below : 1.2030 | ||
| – Take Profit : 1.2110 | – Take Profit : 1.1996 | ||
| – Stop Loss : 1.2038 | – Stop Loss : 1.2057 | ||
USD / CAD
| Commentary : The CAD exhibits range bound movement on Wednesday and stabilizes above 1.2850 mark. Today the pair made intraday high at 1.2888 and low at 1.2859 mark. Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above 1.2890 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2838 on H1 chart will check key supports too. Canada’s Economic Calendar will remain empty for the day. | |||
| ndicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2890 | S1 | 1.2838 |
| R2 | 1.2915 | S2 | 1.2802 |
| R3 | 1.2930 | S3 | 1.2784 |
| R4 | 1.2955 | S4 | 1.2761 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2890 | Sell Below : 1.2850 | ||
| – Take Profit : 1.2922 | – Take Profit : 1.2822 | ||
| – Stop Loss : 1.2864 | – Stop Loss : 1.2876 | ||
USD / JPY
| Commentary : The Japanese yen continues to trade in narrow range and remains well supported around 137.00 mark. The pair made intraday high at 137.14 and low at 136.79 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 137.08 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 | 137.15 | S1 | 136.72 |
| R2 | 137.40 | S2 | 136.50 |
| R3 | 137.65 | S3 | 136.22 |
| R4 | 137.90 | S4 | 135.98 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 137.15 | Sell Below : 136.68 | ||
| – Take Profit : 137.48 | – Take Profit : 136.30 | ||
| – Stop Loss : 136.90 | – Stop Loss : 137.01 | ||
GOLD
| Commentary : Gold weakens ahead of U.S. FOMC Interest Rate Decision and remains well supported below $1,720 mark. Today the pair made intraday high at $1,720 and low at $1,713 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,722 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,709 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 | 1722 | S1 | 1709 |
| R2 | 1728 | S2 | 1704 |
| R3 | 1732 | S3 | 1698 |
| R4 | 1738 | S4 | 1691 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1722 | Sell Below : 1711 | ||
| – Take Profit : 1730 | – Take Profit : 1702 | ||
| – Stop Loss : 1714 | – Stop Loss : 1719 | ||
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