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SpanishDAILY ANALYSIS REPORT JUNE 13 2022
AUD / USD
| Commentary : The Aussie starts a new week on a lower note and hits fresh 4 – week low at $0.7000 mark. Today pair made intraday high at $0.7044 and low at $0.7000 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $0.7051 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7000 will check further supports. Most Australian banks will be closed in observance of the Queen’s Birthday. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 0.7051 | S1 | 0.7000 |
| R2 | 0.7072 | S2 | 0.6982 |
| R3 | 0.7099 | S3 | 0.6950 |
| R4 | 0.7115 | S4 | 0.6922 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7050 | Sell Below : 0.7000 | ||
| – Take Profit : 0.7072 | – Take Profit : 0.6976 | ||
| – Stop Loss : 0.7026 | – Stop Loss : 0.7026 | ||
EUR / USD
| Commentary : The euro falls during Asian hours and hits lowest level since May 19, 2022. The pair made intraday high at $1.0520 and low at $1.0475 mark. Today triple EMA on a day chart and H1 chart suggest down trend for the time being. A consistent close above $1.0522 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0480 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 | 1.0522 | S1 | 1.0450 |
| R2 | 1.0550 | S2 | 1.0420 |
| R3 | 1.0572 | S3 | 1.0400 |
| R4 | 1.0596 | S4 | 1.0384 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0522 | Sell Below : 1.0475 | ||
| – Take Profit : 1.055 | – Take Profit : 1.044 | ||
| – Stop Loss : 1.0492 | – Stop Loss : 1.0502 | ||
GBP / USD
| Commentary : The sterling falls on Monday ahead of U.K.’s key economic data and stabilizes below $1.2300 mark. Today pair made intraday high at $1.2321 and low at $1.2261 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.2315 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2265 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 | 1.2315 | S1 | 1.2262 |
| R2 | 1.2340 | S2 | 1.2230 |
| R3 | 1.2365 | S3 | 1.2202 |
| R4 | 1.2390 | S4 | 1.2184 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2320 | Sell Below : 1.2260 | ||
| – Take Profit : 1.2350 | – Take Profit : 1.2220 | ||
| – Stop Loss : 1.2278 | – Stop Loss : 1.229 | ||
USD / CAD
| Commentary : The CAD weakens on Monday and jumps back above 1.2800 mark. Today the pair made intraday high at 1.2818 and low at 1.2774 mark. Today a day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2820 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2780 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 | 1.2820 | S1 | 1.2772 |
| R2 | 1.2852 | S2 | 1.2740 |
| R3 | 1.2874 | S3 | 1.2715 |
| R4 | 1.2899 | S4 | 1.2700 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2822 | Sell Below : 1.2780 | ||
| – Take Profit : 1.2850 | – Take Profit : 1.2750 | ||
| – Stop Loss : 1.2792 | – Stop Loss : 1.281 | ||
USD / JPY
| Commentary : The Japanese yen depreciates sharply on Monday and touches 134.99 mark. The pair made intraday high at 134.99 and low at 134.29 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 134.99 on H1 chart requires for the upside rally. Alternatively, a consistent close below 134.40 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 | 134.99 | S1 | 134.40 |
| R2 | 135.22 | S2 | 134.04 |
| R3 | 135.55 | S3 | 133.76 |
| R4 | 135.86 | S4 | 133.47 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 135.01 | Sell Below : 134.31 | ||
| – Take Profit : 135.35 | – Take Profit : 133.88 | ||
| – Stop Loss : 134.40 | – Stop Loss : 134.7 | ||
GOLD
| Commentary : Gold spiked up extremely in previous session and touched $1,879 mark on last Friday. The pair made intraday high at $1,877 and low at $1,860 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1,878 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,858 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 | 1878 | S1 | 1858 |
| R2 | 1884 | S2 | 1852 |
| R3 | 1889 | S3 | 1847 |
| R4 | 1894 | S4 | 1842 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1872 | Sell Below : 1857 | ||
| – Take Profit : 1880 | – Take Profit : 1851 | ||
| – Stop Loss : 1866 | – Stop Loss : 1864 | ||
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