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SpanishDAILY ANALYSIS REPORT JULY 29 2022
AUD / USD
| Commentary : The Aussie trades slightly higher on Friday and stabilizes above $0.7000 mark. Today pair made intraday high at $0.7005 and low at $0.6985 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7015 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6976 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 | 0.7015 | S1 | 0.6976 |
| R2 | 0.7040 | S2 | 0.6940 |
| R3 | 0.7055 | S3 | 0.6915 |
| R4 | 0.7076 | S4 | 0.6901 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 0.7022 | Sell Below : 0.6990 | ||
| – Take Profit: 0.7050 | – Take Profit: 0.6965 | ||
| – Stop Loss : 0.6992 | – Stop Loss: 0.7015 | ||
EUR / USD
| Commentary : The euro rises gradually against U.S. dollar and remains well supported above $1.0200 mark. Today the pair made intraday high at $1.0224 and low at $1.0188 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.0230 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0190 on H1 chart 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 | 1.0230 | S1 | 1.0190 |
| R2 | 1.0255 | S2 | 1.0165 |
| R3 | 1.0276 | S3 | 1.0140 |
| R4 | 1.0299 | S4 | 1.0100 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.0230 | Sell Below : 1.0199 | ||
| – Take Profit : 1.0260 | – Take Profit : 1.0172 | ||
| – Stop Loss : 1.0212 | – Stop Loss : 1.0226 | ||
GBP / USD
| Commentary : The sterling spikes up ahead of economic light calendar and jumps back above $1.2200 mark. Today pair made intraday high at $1.2203 and low at $1.2162 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.2215 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2170 will check further supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2215 | S1 | 1.2170 |
| R2 | 1.2240 | S2 | 1.2155 |
| R3 | 1.2257 | S3 | 1.2120 |
| R4 | 1.2290 | S4 | 1.2102 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2215 | Sell Below : 1.2170 | ||
| – Take Profit : 1.2249 | – Take Profit : 1.2141 | ||
| – Stop Loss : 1.2180 | – Stop Loss : 1.2201 | ||
USD / CAD
| Commentary : The CAD rises slightly on Friday and hovers around 1.2800 mark ahead of Canada’s GDP m/m data. Today the pair made intraday high at 1.2816 and low at 1.2795 mark. Today a day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above 1.2822 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2790 on H1 chart will check key supports too. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2822 | S1 | 1.2790 |
| R2 | 1.2850 | S2 | 1.2762 |
| R3 | 1.2865 | S3 | 1.2740 |
| R4 | 1.2899 | S4 | 1.2715 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2820 | Sell Below : 1.2790 | ||
| – Take Profit : 1.2850 | – Take Profit : 1.2760 | ||
| – Stop Loss: 1.2802 | – Stop Loss : 1.2812 | ||
USD / JPY
| Commentary : The Japanese yen strengthens sharply in Asian hours after mixed economic data and hits highest level since June 17, 2022. The pair made intraday high at 134.67 and low at 133.44 mark. The triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above 134.50 on H1 chart requires for the upside rally. Alternatively, a consistent close below 133.15 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 | 134.50 | S1 | 133.15 |
| R2 | 134.72 | S2 | 132.90 |
| R3 | 134.99 | S3 | 132.55 |
| R4 | 135.22 | S4 | 132.12 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 134.21 | Sell Below : 133.04 | ||
| – Take Profit : 134.57 | – Take Profit: 132.60 | ||
| – Stop Loss : 133.89 | – Stop Loss: 133.51 | ||
GOLD
| Commentary : Gold strengthens sharply on Friday and touches $1,763 mark in Asian hours. Today the pair made intraday high at $1,764 and low at $1,752 mark. Today a day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1,762 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,748 on H1 chart will test further supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1768 | S1 | 1748 |
| R2 | 1774 | S2 | 1742 |
| R3 | 1780 | S3 | 1736 |
| R4 | 1786 | S4 | 1732 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1764 | Sell Below : 1752 | ||
| – Take Profit : 1772 | – Take Profit : 1745 | ||
| – Stop Loss : 1757 | – Stop Loss : 1760 | ||
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