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SpanishDAILY ANALYSIS REPORT JUNE 20 2022
AUD / USD
| Commentary : The Aussie starts a new day on a positive note and hovers around $0.6950 mark. Today pair made intraday high at $0.6960 and low at $0.6915mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $0.6965 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 | 0.6965 | S1 | 0.7051 |
| R2 | 0.7002 | S2 | 0.6891 |
| R3 | 0.7022 | S3 | 0.6865 |
| R4 | 0.7051 | S4 | 0.6842 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.6972 | Sell Below : 0.6920 | ||
| – Take Profit : 0.6998 | – Take Profit : 0.6890 | ||
| – Stop Loss : 0.6937 | – Stop Loss : 0.6951 | ||
EUR / USD
| Commentary : The euro strengthens on Monday ahead of German PPI and ECB President Lagarde’s speech. The pair made intraday high at $1.0528 and low at $1.0493 mark. Today triple EMA on a day chart is down and H1 chart suggests bullish trend for the time being. A consistent close above $1.0540 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0485 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 | 1.0540 | S1 | 1.0485 |
| R2 | 1.0572 | S2 | 1.0465 |
| R3 | 1.0594 | S3 | 1.0432 |
| R4 | 1.0622 | S4 | 1.0410 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0540 | Sell Below : 1.0490 | ||
| – Take Profit : 1.0572 | – Take Profit : 1.0462 | ||
| – Stop Loss : 1.0511 | – Stop Loss : 1.0521 | ||
GBP / USD
| Commentary : The sterling remains almost unchanged after House Price Index data and trading around $1.2250 mark. Today pair made intraday high at $1.2252 and low at $1.2198 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.2262 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2200 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 | 1.2262 | S1 | 1.2200 |
| R2 | 1.2296 | S2 | 1.2165 |
| R3 | 1.2318 | S3 | 1.2137 |
| R4 | 1.2318 | S4 | 1.2112 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2262 | Sell Below : 1.2200 | ||
| – Take Profit : 1.2290 | – Take Profit : 1.2170 | ||
| – Stop Loss : 1.2228 | – Stop Loss : 1.2222 | ||
USD / CAD
| Commentary : The CAD appreciates on Monday and hovers around 1.3000 mark. Today the pair made intraday high at 1.3036 and low at 1.2995 mark. Today a day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above 1.3030 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2980 on H1 chart will check key supports too. | |||
| Indicators | H1 | ||
| Trends | DownTrend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3030 | S1 | 1.2980 |
| R2 | 1.3055 | S2 | 1.2955 |
| R3 | 1.3072 | S3 | 1.2921 |
| R4 | 1.3099 | S4 | 1.2904 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.3031 | Sell Below : 1.2982 | ||
| – Take Profit : 1.3070 | – Take Profit : 1.2938 | ||
| – Stop Loss : 1.3002 | – Stop Loss : 1.3014 | ||
USD / JPY
| Commentary : The Japanese yen starts a new day on a lower note and hovers around 135.00 mark. The pair made intraday high at 135.44 and low at 134.66 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 135.30 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 | 135.55 | S1 | 134.70 |
| R2 | 135.82 | S2 | 134.32 |
| R3 | 136.18 | S3 | 134.10 |
| R4 | 136.62 | S4 | 133.78 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 135.31 | Sell Below : 134.68 | ||
| – Take Profit : 135.70 | – Take Profit : 134.18 | ||
| – Stop Loss : 134.94 | – Stop Loss : 135.12 | ||
GOLD
| Commentary : Gold trades in rigid boundaries on Monday as US banks will be closed in observance of National Independence Day. Today the pair made intraday high at $1,846 and low at $1,834 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1,848 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,836 on H1 chart will test further supports. Later today U.S. FOMC Member Bullard’s speech 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 | 1848 | S1 | 1836 |
| R2 | 1852 | S2 | 1832 |
| R3 | 1858 | S3 | 1826 |
| R4 | 1864 | S4 | 1821 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1848 | Sell Below : 1836 | ||
| – Take Profit : 1854 | – Take Profit : 1830 | ||
| – Stop Loss : 1841 | – Stop Loss : 1842 | ||
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