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SpanishDAILY ANALYSIS REPORT MARCH 03 2022
AUD / USD
| Commentary : The Aussie trades in narrow range and hovers around key resistance at $0.7290 mark. Today pair made intraday high at $0.7297 and low at $0.7276 mark. A day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above $0.7299 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7270 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 | 0.7299 | S1 | 0.7270 |
| R2 | 0.7315 | S2 | 0.7240 |
| R3 | 0.7350 | S3 | 0.7210 |
| R4 | 0.7376 | S4 | 0.7180 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7299 | Sell Below : 0.7270 | ||
| – Take Profit : 0.7330 | – Take Profit : 0.7240 | ||
| – Stop Loss : 0.7278 | – Stop Loss : 0.7296 | ||
EUR / USD
| Commentary : The euro spikes down sharply against U.S. dollar amid Russia – Ukraine uncertainties. The pair made intraday high at $1.1121 and low at $1.1089 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1130 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1090 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 | 1.1130 | S1 | 1.1072 |
| R2 | 1.1150 | S2 | 1.1050 |
| R3 | 1.1172 | S3 | 1.1021 |
| R4 | 1.1212 | S4 | 1.1001 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1130 | Sell Below : 1.1085 | ||
| – Take Profit : 1.1165 | – Take Profit : 1.1058 | ||
| – Stop Loss : 1.1105 | – Stop Loss : 1.1111 | ||
GBP / USD
| Commentary : The sterling recovers from previous losses and hovers around $1.3400 mark. Today pair made intraday high at $1.3406 and low at $1.3376 mark. A day chart is down and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $1.3420 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3370 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 | 1.3420 | S1 | 1.3370 |
| R2 | 1.3450 | S2 | 1.3337 |
| R3 | 1.3472 | S3 | 1.3315 |
| R4 | 1.3499 | S4 | 1.3300 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3420 | Sell Below : 1.3375 | ||
| – Take Profit : 1.3452 | – Take Profit : 1.3330 | ||
| – Stop Loss : 1.3390 | – Stop Loss : 1.3402 | ||
USD / CAD
| Commentary : The CAD strengthened sharply after BOC’s first interest rate hike and touched 1.2628 mark. Pair made intraday high at 1.2654 and low at 1.2627 mark. Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above 1.2657 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2620 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 | 1.2657 | S1 | 1.2620 |
| R2 | 1.2689 | S2 | 1.2590 |
| R3 | 1.2715 | S3 | 1.2555 |
| R4 | 1.2730 | S4 | 1.2510 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2658 | Sell Below : 1.2625 | ||
| – Take Profit : 1.2690 | – Take Profit : 1.2591 | ||
| – Stop Loss : 1.2630 | – Stop Loss : 1.2651 | ||
USD / JPY
| Commentary : The Japanese yen falls gradually on Thursday and stabilizes above 115.50 mark. The pair made intraday high at 115.66 and low at 115.44 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 115.75 on H1 chart requires for the upside rally. Alternatively, a consistent close below 115.50 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 | 115.75 | S1 | 115.40 |
| R2 | 115.90 | S2 | 115.12 |
| R3 | 116.22 | S3 | 114.90 |
| R4 | 116.62 | S4 | 114.65 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 115.75 | Sell Below : 115.38 | ||
| – Take Profit : 116.10 | – Take Profit : 115.05 | ||
| – Stop Loss : 115.51 | – Stop Loss : 115.60 | ||
GOLD
| Commentary : Gold erases previous gain and currently stabilizes below $1,930 mark. Today pair made intraday high at $1,930 and low at $1,923 mark. A triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above $1,932 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,918 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 | 1932 | S1 | 1921 |
| R2 | 1937 | S2 | 1914 |
| R3 | 1944 | S3 | 1909 |
| R4 | 1950 | S4 | 1901 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1932 | Sell Below : 1920 | ||
| – Take Profit : 1940 | – Take Profit : 1910 | ||
| – Stop Loss : 1926 | – Stop Loss : 1926 | ||
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