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SpanishDAILY ANALYSIS REPORT JUNE 15 2022
AUD / USD
| Commentary : The Aussie strengthens noticeably on Wednesday as China released key economic data with positive numbers and remains well supported above $0.6900 mark. Today pair made intraday high at $0.6918 and low at $0.6866 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $0.6930 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6865 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 | 0.6930 | S1 | 0.6850 |
| R2 | 0.6955 | S2 | 0.6821 |
| R3 | 0.6978 | S3 | 0.6800 |
| R4 | 0.7002 | S4 | 0.6776 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.6930 | Sell Below : 0.6881 | ||
| – Take Profit : 0.6971 | – Take Profit : 0.6842 | ||
| – Stop Loss : 0.6896 | – Stop Loss : 0.6920 | ||
EUR / USD
| Commentary : The euro starts a new day on a positive note and stabilizes above $1.0400 mark ahead of EC president Lagarde’s speech. She is due to speak at the London School of Economics. The pair made intraday high at $1.0451 and low at $1.0406 mark. Today triple EMA on a day chart and H1 chart suggest down trend for the time being. A consistent close above $1.0460 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 | 1.0460 | 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 : 1.0460 | Sell Below : 1.0396 | ||
| – Take Profit : 1.0500 | – Take Profit : 1.0360 | ||
| – Stop Loss : 1.0427 | – Stop Loss : 1.0427 | ||
GBP / USD
| Commentary : The sterling depreciated sharply in previous session and hit lowest level since March 2020. U.K.’s Economic Calendar will remain silent for the day. Today pair made intraday high at $1.2041 and low at $1.1989 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.2054 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1970 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 | 1.2054 | S1 | 1.1970 |
| R2 | 1.2082 | S2 | 1.1945 |
| R3 | 1.2112 | S3 | 1.1927 |
| R4 | 1.2150 | S4 | 1.1902 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2055 | Sell Below : 1.1989 | ||
| – Take Profit : 1.2099 | – Take Profit : 1.1945 | ||
| – Stop Loss : 1.2010 | – Stop Loss : 1.2030 | ||
USD / CAD
| Commentary : The CAD falls noticeably against U.S. dollar and hovers around 1.2950 mark. Today the pair made intraday high at 1.2959 and low at 1.2931 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.2970 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2930 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 | 1.2970 | S1 | 1.2930 |
| R2 | 1.3001 | S2 | 1.2911 |
| R3 | 1.3026 | S3 | 1.2889 |
| R4 | 1.3058 | S4 | 1.2862 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2975 | Sell Below : 1.2927 | ||
| – Take Profit : 1.3022 | – Take Profit : 1.2880 | ||
| – Stop Loss : 1.2930 | – Stop Loss : 1.2960 | ||
USD / JPY
| Commentary : The Japanese yen trades slightly higher on Wednesday on robust Core Machinery Orders data and stabilizes above 135.00 mark. The pair made intraday high at 135.59 and low at 134.86 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 135.56 on H1 chart requires for the upside rally. Alternatively, a consistent close below 134.70 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 | 135.32 | S1 | 134.70 |
| R2 | 135.62 | S2 | 134.38 |
| R3 | 135.93 | S3 | 134.15 |
| R4 | 136.36 | S4 | 134.00 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 135.65 | Sell Below : 134.70 | ||
| – Take Profit : 136.15 | – Take Profit : 134.24 | ||
| – Stop Loss : 135.21 | – Stop Loss : 135.21 | ||
GOLD
| Commentary : Gold trades slightly higher ahead of U.S. Retail Sales and most awaited FOMC Meeting. The pair made intraday high at $1,819 and low at $1,807 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,822 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,806 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 | 1822 | S1 | 1804 |
| R2 | 1828 | S2 | 1798 |
| R3 | 1832 | S3 | 1791 |
| R4 | 1838 | S4 | 1784 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1822 | Sell Below : 1810 | ||
| – Take Profit : 1831 | – Take Profit : 1801 | ||
| – Stop Loss : 1815 | – Stop Loss : 1817 | ||
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