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SpanishDAILY ANALYSIS REPORT JUNE 09 2022
AUD / USD
| Commentary : The Aussie falls gradually against U.S. dollar and hovers around $0.7170 mark. Today pair made intraday high at $0.7197 and low at $0.7161 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $0.7190 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7155 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 | 0.7190 | S1 | 0.7155 |
| R2 | 0.7222 | S2 | 0.7130 |
| R3 | 0.7250 | S3 | 0.7115 |
| R4 | 0.7272 | S4 | 0.7102 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7191 | Sell Below : 0.7155 | ||
| – Take Profit : 0.7221 | – Take Profit : 0.7130 | ||
| – Stop Loss : 0.7166 | – Stop Loss : 0.7176 | ||
EUR / USD
| Commentary : The euro trade almost flat on Thursday ahead of ECB’s Interest Rate Decision and stabilizes above $1.0700 mark. The pair made intraday high at $1.0725 and low at $1.0709 mark. Today triple EMA on a day chart and H1 chart suggest up trend for the time being. A consistent close above $1.0730 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0690 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 | 1.0730 | S1 | 1.0690 |
| R2 | 1.0755 | S2 | 1.0662 |
| R3 | 1.0776 | S3 | 1.0624 |
| R4 | 1.0799 | S4 | 1.0600 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0740 | Sell Below : 1.0702 | ||
| – Take Profit : 1.0762 | – Take Profit : 1.0678 | ||
| – Stop Loss : 1.0718 | – Stop Loss : 1.0718 | ||
GBP / USD
| Commentary : The sterling trades flat on Thursday and remains well supported around $1.2550 mark. U.K.’s Economic Calendar will remain empty for the day. Today pair made intraday high at $1.2546 and low at $1.2519 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.2560 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2520 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 | 1.2560 | S1 | 1.2520 |
| R2 | 1.2598 | S2 | 1.2490 |
| R3 | 1.2626 | S3 | 1.2455 |
| R4 | 1.2665 | S4 | 1.2412 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2560 | Sell Below : 1.2520 | ||
| – Take Profit : 1.2594 | – Take Profit : 1.2490 | ||
| – Stop Loss : 1.253 | – Stop Loss : 1.2555 | ||
USD / CAD
| Commentary : The CAD moves in narrow range on Thursday and hovers around 1.2560 mark. Today the pair made intraday high at 1.2570 and low at 1.2548 mark. Today a day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2570 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2550 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 | 1.2570 | S1 | 1.2550 |
| R2 | 1.2605 | S2 | 1.2521 |
| R3 | 1.2626 | S3 | 1.2500 |
| R4 | 1.2652 | S4 | 1.2480 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2575 | Sell Below : 1.2515 | ||
| – Take Profit : 1.2605 | – Take Profit : 1.2480 | ||
| – Stop Loss : 1.2540 | – Stop Loss : 1.2540 | ||
USD / JPY
| Commentary : The Japanese yen spikes down drastically and hits lowest level since Feb 2002. The pair made intraday high at 134.55 and low at 134.05 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 134.50 on H1 chart requires for the upside rally. Alternatively, a consistent close below 133.84 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 | 134.72 | S1 | 133.84 |
| R2 | 134.99 | S2 | 133.65 |
| R3 | 135.22 | S3 | 133.40 |
| R4 | 134.55 | S4 | 133. |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 134.60 | Sell Below : 133.80 | ||
| – Take Profit : 135.12 | – Take Profit : 133.3 | ||
| – Stop Loss : 134.20 | – Stop Loss : 134.20 | ||
GOLD
| Commentary : Gold starts a new day on a flat note and stabilizes above $1,850 mark. U.S. Economic calendar will remain empty for the day. The pair made intraday high at $1,855 and low at $1,850 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1,858 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,851 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 | 1858 | S1 | 1848 |
| R2 | 1862 | S2 | 1842 |
| R3 | 1868 | S3 | 1836 |
| R4 | 1874 | S4 | 1831 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1858 | Sell Below : 1850 | ||
| – Take Profit : 1865 | – Take Profit : 1844 | ||
| – Stop Loss : 1853 | – Stop Loss : 1855 | ||
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