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SpanishDAILY ANALYSIS REPORT JUNE 14 2022
AUD / USD
| Commentary : The Aussie appreciates during Asian hours and remains well supported above $0.6950 mark. Today pair made intraday high at $0.6960 and low at $0.6918 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $0.6970 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6920 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 | 0.6970 | S1 | 0.6918 |
| R2 | 0.6997 | S2 | 0.6889 |
| R3 | 0.7015 | S3 | 0.6862 |
| R4 | 0.7030 | S4 | 0.6847 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.6971 | Sell Below : 0.6922 | ||
| – Take Profit : 0.7002 | – Take Profit : 0.6889 | ||
| – Stop Loss : 0.6942 | – Stop Loss : 0.6952 | ||
EUR / USD
| Commentary : The euro trades marginally higher ahead of German Final CPI and ZEW Economic Sentiment data. The pair made intraday high at $1.0433 and low at $1.0396 mark. Today triple EMA on a day chart and H1 chart suggest down trend for the time being. A consistent close above $1.0450 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0400 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 | 1.0450 | S1 | 1.0400 |
| R2 | 1.0476 | S2 | 1.0384 |
| R3 | 1.0499 | S3 | 1.0365 |
| R4 | 1.0526 | S4 | 1.0330 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0452 | Sell Below : 1.0391 | ||
| – Take Profit : 1.0480 | – Take Profit : 1.0360 | ||
| – Stop Loss : 1.0420 | – Stop Loss : 1.0427 | ||
GBP / USD
| Commentary : The sterling rises on Tuesday ahead of U.K.’s Jobless Claims data and stabilizes below $1.2200 mark. Today pair made intraday high at $1.2195 and low at $1.2121 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.2205 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2150 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 | 1.2205 | S1 | 1.2150 |
| R2 | 1.2226 | S2 | 1.2121 |
| R3 | 1.2252 | S3 | 1.2105 |
| R4 | 1.2272 | S4 | 1.2082 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2206 | Sell Below : 1.2148 | ||
| – Take Profit : 1.2242 | – Take Profit : 1.2112 | ||
| – Stop Loss : 1.2170 | – Stop Loss : 1.2176 | ||
USD / CAD
| Commentary : The CAD recovers slightly from previous losses and remains well supported below 1.2900 mark ahead of Canada’s Manufacturing Sales data. Today the pair made intraday high at 1.2900 and low at 1.2867 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.2898 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2855 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 | 1.2915 | S1 | 1.2855 |
| R2 | 1.2940 | S2 | 1.2830 |
| R3 | 1.2972 | S3 | 1.2812 |
| R4 | 1.2999 | S4 | 1.2800 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2898 | Sell Below : 1.2855 | ||
| – Take Profit : 1.2927 | – Take Profit : 1.2815 | ||
| – Stop Loss : 1.2865 | – Stop Loss : 1.2880 | ||
USD / JPY
| Commentary : The Japanese yen continues to trade lower on Tuesday and stabilizes around 134.50 mark. The pair made intraday high at 134.81 and low at 133.87 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 135.02 on H1 chart requires for the upside rally. Alternatively, a consistent close below 134.00 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 | 135.22 | S1 | 133.87 |
| R2 | 135.55 | S2 | 133.61 |
| R3 | 135.78 | S3 | 133.40 |
| R4 | 136.05 | S4 | 133.12 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 135.00 | Sell Below : 133.87 | ||
| – Take Profit : 135.37 | – Take Profit : 133.33 | ||
| – Stop Loss : 135.65 | – Stop Loss : 134.52 | ||
GOLD
| Commentary : Gold remained highly volatile in previous session and currently stabilizes below $1,830 mark ahead of U.S. PPI, Core PPI data. The pair made intraday high at $1,828 and low at $1,812 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,832 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,818 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 | 1832 | S1 | 1818 |
| R2 | 1837 | S2 | 1812 |
| R3 | 1842 | S3 | 1806 |
| R4 | 1848 | S4 | 1801 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1832 | Sell Below : 1822 | ||
| – Take Profit : 1837 | – Take Profit : 1816 | ||
| – Stop Loss : 1826 | – Stop Loss : 1828 | ||
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