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SpanishDAILY ANALYSIS REPORT JUNE 10 2022
AUD / USD
| Commentary : The Aussie spiked down sharply in previous session and slips back below $0.7100 mark in opening hours. Today pair made intraday high at $0.7107 and low at $0.7084 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $0.7122 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7090 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 | 0.7122 | S1 | 0.7084 |
| R2 | 0.7150 | S2 | 0.7062 |
| R3 | 0.7172 | S3 | 0.7040 |
| R4 | 0.7199 | S4 | 0.7015 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7120 | Sell Below : 0.7084 | ||
| – Take Profit : 0.7148 | – Take Profit : 0.7065 | ||
| – Stop Loss : 0.7096 | – Stop Loss : 0.7112 | ||
EUR / USD
| Commentary : The euro weakened extremely in previous session and hit fresh 2 – week low at $1.0611 mark. The pair made intraday high at $1.0633 and low at $1.0611 mark. Today triple EMA on a day chart and H1 chart suggest up trend for the time being. A consistent close above $1.0650 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0610 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 | 1.0650 | S1 | 1.0610 |
| R2 | 1.0678 | S2 | 1.0582 |
| R3 | 1.0696 | S3 | 1.0550 |
| R4 | 1.0726 | S4 | 1.0527 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0650 | Sell Below : 1.0610 | ||
| – Take Profit : 1.0684 | – Take Profit : 1.0576 | ||
| – Stop Loss : 1.0625 | – Stop Loss : 1.0640 | ||
GBP / USD
| Commentary : The sterling fell noticeably against U.S. dollar and stabilizes below $1.2500 mark. U.K.’s Economic Calendar will remain light for the day. Today pair made intraday high at $1.2501 and low at $1.2479 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.2515 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2480 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 | 1.2515 | S1 | 1.2480 |
| R2 | 1.2540 | S2 | 1.2455 |
| R3 | 1.2572 | S3 | 1.2430 |
| R4 | 1.2599 | S4 | 1.2404 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2512 | Sell Below : 1.2480 | ||
| – Take Profit : 1.2540 | – Take Profit : 1.2455 | ||
| – Stop Loss : 1.2489 | – Stop Loss : 1.2512 | ||
USD / CAD
| Commentary : The CAD weakened drastically in previous session and hit fresh 2 – week low at 1.2709 mark. Today the pair made intraday high at 1.2709 and low at 1.2694 mark. Today a day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2715 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2670 on H1 chart will check key supports too. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2715 | S1 | 1.2670 |
| R2 | 1.2740 | S2 | 1.2652 |
| R3 | 1.2772 | S3 | 1.2630 |
| R4 | 1.2802 | S4 | 1.2610 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2710 | Sell Below : 1.267 | ||
| – Take Profit : 1.2750 | – Take Profit : 1.2638 | ||
| – Stop Loss : 1.2684 | – Stop Loss : 1.2700 | ||
USD / JPY
| Commentary : The Japanese yen takes halt around 134.55 mark and currently hovers around 134.00 mark. The pair made intraday high at 134.47 and low at 133.91 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 133.80 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 | 133.80 |
| R2 | 134.99 | S2 | 133.65 |
| R3 | 135.22 | S3 | 133.40 |
| R4 | 135.55 | S4 | 133.12 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 134.54 | Sell Below : 133.80 | ||
| – Take Profit : 135.00 | – Take Profit : 133.3 | ||
| – Stop Loss : 134.00 | – Stop Loss : 134.40 | ||
GOLD
| Commentary : Gold remained highly volatility in previous session and currently remains well supported below $1,850 mark. The pair made intraday high at $1,848 and low at $1,844 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1,850 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,842 on H1 chart will test further supports. Later today, U.S. CPI and Core CPI data will remain in focus. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1852 | S1 | 1842 |
| R2 | 1858 | S2 | 1836 |
| R3 | 1862 | S3 | 1830 |
| R4 | 1868 | S4 | 1826 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1850 | Sell Below : 1842 | ||
| – Take Profit : 1856 | – Take Profit : 1836 | ||
| – Stop Loss : 1845 | – Stop Loss : 1848 | ||
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