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SpanishDAILY ANALYSIS REPORT JUNE 29 2022
AUD / USD
| Commentary : The Aussie remains slightly volatile in early Asia as Australia’s Retail Sales data remain unchanged. Today pair made intraday high at $0.6920 and low at $0.6896 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $0.6922 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6899 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 | 0.6922 | S1 | 0.6890 |
| R2 | 0.6950 | S2 | 0.6868 |
| R3 | 0.6974 | S3 | 0.6850 |
| R4 | 0.6996 | S4 | 0.6826 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 0.6922 | Sell Below : 0.6892 | ||
| – Take Profit : 0.6948 | – Take Profit : 0.6868 | ||
| – Stop Loss : 0.6899 | – Stop Loss : 0.6915 | ||
EUR / USD
| Commentary : The euro depreciated sharply in previous session after U.S.’s robust economic results and hit fresh weekly low at $1.0503 mark. Today the pair made intraday high at $1.0535 and low at $1.0515 mark. Today triple EMA on a day chart and H1 chart suggest down trend for the time being. A consistent close above $1.0538 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0510 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 | 1.0538 | S1 | 1.0510 |
| R2 | 1.0555 | S2 | 1.0490 |
| R3 | 1.0581 | S3 | 1.0465 |
| R4 | 1.0599 | S4 | 1.0450 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.0540 | Sell Below : 1.0510 | ||
| – Take Profit : 1.0565 | – Take Profit : 1.0489 | ||
| – Stop Loss : 1.0512 | – Stop Loss : 1.0538 | ||
GBP / USD
| Commentary : The sterling fell noticeably in previous session and touched $1.2180 mark. Today pair made intraday high at $1.2212 and low at $1.2174 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.2230 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2180 will check further supports. The key event from the U.K. will be BOE Gov Bailey’s speech scheduled at 1300 GMT. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2230 | S1 | 1.2180 |
| R2 | 1.2252 | S2 | 1.2165 |
| R3 | 1.2270 | S3 | 1.2150 |
| R4 | 1.2299 | S4 | 1.2121 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2230 | Sell Below : 1.2180 | ||
| – Take Profit : 1.2262 | – Take Profit : 1.2149 | ||
| – Stop Loss : 1.2200 | – Stop Loss : 1.2215 | ||
USD / CAD
| Commentary : The CAD remained highly volatile in previous session and gave close around 1.2870 mark. Today the pair made intraday high at 1.2878 and low at 1.2862 mark. Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above 1.2892 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 | 1.2892 | S1 | 1.2855 |
| R2 | 1.2915 | S2 | 1.2830 |
| R3 | 1.2938 | S3 | 1.2801 |
| R4 | 1.2962 | S4 | 1.2778 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2880 | Sell Below : 1.2850 | ||
| – Take Profit : 1.2912 | – Take Profit : 1.2815 | ||
| – Stop Loss : 1.2860 | – Stop Loss : 1.2878 | ||
USD / JPY
| Commentary : The Japanese yen remains almost unchanged despite lower than expected retail sales data and stabilizes above 136.00 mark. The pair made intraday high at 136.23 and low at 135.89 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 136.32 on H1 chart requires for the upside rally. Alternatively, a consistent close below 135.90 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 | 136.32 | S1 | 135.90 |
| R2 | 136.67 | S2 | 135.72 |
| R3 | 136.84 | S3 | 135.55 |
| R4 | 137.02 | S4 | 135.21 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 136.30 | Sell Below : 135.72 | ||
| – Take Profit : 136.72 | – Take Profit : 135.30 | ||
| – Stop Loss : 135.82 | – Stop Loss : 136.06 | ||
GOLD
| Commentary : Gold moves in rigid boundaries ahead of U.S. Final GDP q/q data and trading around $1,820 mark. Today the pair made intraday high at $1,823 and low at $1,818 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,828 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,818 on H1 chart will test further supports. Later today U.S.’s Final GDP q/q and Fed Chair Powell’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 | 1828 | S1 | 1818 |
| R2 | 1832 | S2 | 1812 |
| R3 | 1838 | S3 | 1806 |
| R4 | 1842 | S4 | 1801 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1824 | Sell Below : 1816 | ||
| – Take Profit : 1830 | – Take Profit : 1810 | ||
| – Stop Loss : 1819 | – Stop Loss : 1822 | ||
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