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SpanishDAILY ANALYSIS REPORT JUNE 21 2022
AUD / USD
| Commentary : The Aussie remains slightly positive after RBA’s monetary policy meeting minutes and remains well supported above $0.6950 mark. Today pair made intraday high at $0.6982 and low at $0.6948 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.6991 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6950 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 | 0.6991 | S1 | 0.6950 |
| R2 | 0.7004 | S2 | 0.6922 |
| R3 | 0.7022 | S3 | 0.6891 |
| R4 | 0.7051 | S4 | 0.6862 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.6990 | Sell Below : 0.6951 | ||
| – Take Profit : 0.7022 | – Take Profit : 0.6922 | ||
| – Stop Loss : 0.6958 | – Stop Loss : 0.6980 | ||
EUR / USD
| Commentary : The euro remains almost unchanged on Tuesday and stabilizes around $1.0520 mark. The pair made intraday high at $1.0542 and low at $1.0506 mark. Today triple EMA on a day chart is down and H1 chart suggests bullish trend for the time being. A consistent close above $1.0550 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0499 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 | 1.0550 | 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 : 1.0550 | Sell Below : 1.0490 | ||
| – Take Profit : 1.0590 | – Take Profit : 1.0462 | ||
| – Stop Loss : 1.0512 | – Stop Loss : 1.0521 | ||
GBP / USD
| Commentary : The sterling rises gradually against U.S. dollar ahead of U.K.’s CPI data due tomorrow. Today pair made intraday high at $1.2282 and low at $1.2239 mark. A day chart is down and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $1.2296 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2247 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 | 1.2296 | S1 | 1.2247 |
| R2 | 1.2318 | S2 | 1.2212 |
| R3 | 1.2354 | S3 | 1.2185 |
| R4 | 1.2378 | S4 | 1.2150 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2290 | Sell Below : 1.2240 | ||
| – Take Profit : 1.2326 | – Take Profit : 1.2200 | ||
| – Stop Loss : 1.2248 | – Stop Loss : 1.2274 | ||
USD / CAD
| Commentary : The CAD strengthens sharply on Tuesday ahead of Canada’s Retail Sales data and hovers around 1.2950 mark. Today the pair made intraday high at 1.2986 and low at 1.2938 mark. Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above 1.2984 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 | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2984 | S1 | 1.2930 |
| R2 | 1.3030 | S2 | 1.2911 |
| R3 | 1.3055 | S3 | 1.2894 |
| R4 | 1.3072 | S4 | 1.2865 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2971 | Sell Below : 1.2930 | ||
| – Take Profit : 1.2998 | – Take Profit : 1.2901 | ||
| – Stop Loss : 1.2940 | – Stop Loss : 1.2960 | ||
USD / JPY
| Commentary : The Japanese yen exhibits range bound movement and consolidates around 135.00 mark. The pair made intraday high at 135.21 and low at 134.92 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 134.90 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 | 135.50 | S1 | 134.90 |
| R2 | 135.55 | S2 | 134.70 |
| R3 | 135.82 | S3 | 134.32 |
| R4 | 136.18 | S4 | 134.10 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 135.30 | Sell Below : 134.80 | ||
| – Take Profit : 135.72 | – Take Profit : 134.37 | ||
| – Stop Loss : 134.99 | – Stop Loss : 135.20 | ||
GOLD
| Commentary : Gold moves directionless and stabilizes below $1,850 mark ahead of Fed Chair Powell’s Testimony due tomorrow. Today the pair made intraday high at $1,842 and low at $1,837 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1,846 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,832 on H1 chart will test further supports. Later today U.S. FOMC Member Bullard’s speech will remain in focus. Later today U.S. Existing Home Sales 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 | 1848 | S1 | 1832 |
| R2 | 1852 | S2 | 1826 |
| R3 | 1858 | S3 | 1821 |
| R4 | 1864 | S4 | 1816 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1842 | Sell Below : 1832 | ||
| – Take Profit : 1848 | – Take Profit : 1826 | ||
| – Stop Loss : 1836 | – Stop Loss : 1839 | ||
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