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SpanishDAILY ANALYSIS REPORT MARCH 09 2022
AUD / USD
| Commentary : The Aussie takes a halt around $0.7240 mark and today trades in narrow range. Today pair made intraday high at $0.7283 and low at $0.7264 mark. A day chart is up and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $0.7299 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7250 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 | 0.7215 |
| R2 | 0.7315 | S2 | 0.7200 |
| R3 | 0.7350 | S3 | 0.7178 |
| R4 | 0.7376 | S4 | 0.7155 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7299 | Sell Below : 0.7255 | ||
| – Take Profit : 0.7328 | – Take Profit : 0.7215 | ||
| – Stop Loss : 0.7260 | – Stop Loss : 0.7287 | ||
EUR / USD
| Commentary : The euro recovers slightly from previous losses and hovers around $1.09 mark. The pair made intraday high at $1.0920 and low at $1.0889 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.0920 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0878 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 | 1.0920 | S1 | 1.0878 |
| R2 | 1.0955 | S2 | 1.0850 |
| R3 | 1.0978 | S3 | 1.0832 |
| R4 | 1.1005 | S4 | 1.0800 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0924 | Sell Below : 1.0880 | ||
| – Take Profit : 1.0967 | – Take Profit : 1.0831 | ||
| – Stop Loss : 1.0889 | – Stop Loss : 1.0917 | ||
GBP / USD
| Commentary : The sterling moves in rigid boundaries and consolidates around $1.3100 mark. Today pair made intraday high at $1.3117 and low at $1.3088 mark. A day chart and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1.3140 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3090 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 | 1.3140 | S1 | 1.3084 |
| R2 | 1.3155 | S2 | 1.3062 |
| R3 | 1.3172 | S3 | 1.3037 |
| R4 | 1.3199 | S4 | 1.3001 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3140 | Sell Below : 1.3090 | ||
| – Take Profit : 1.3174 | – Take Profit : 1.3051 | ||
| – Stop Loss : 1.3105 | – Stop Loss : 1.3127 | ||
USD / CAD
| Commentary : The CAD continues to trade lower and hovers around 1.2880 mark. Pair made intraday high at 1.2894 and low at 1.2867 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.2896 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2865 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 | 1.2896 | S1 | 1.2865 |
| R2 | 1.2915 | S2 | 1.2840 |
| R3 | 1.2948 | S3 | 1.2812 |
| R4 | 1.2976 | S4 | 1.2800 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2899 | Sell Below : 1.2862 | ||
| – Take Profit : 1.2935 | – Take Profit : 1.2825 | ||
| – Stop Loss : 1.2865 | – Stop Loss : 1.2891 | ||
USD / JPY
| Commentary : The Japanese yen falls sharply in early Asia as Japan’s Final GDP data misses expectations. The pair made intraday high at 115.92 and low at 115.60 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 115.98 on H1 chart requires for the upside rally. Alternatively, a consistent close below 115.70 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 | 115.98 | S1 | 115.70 |
| R2 | 116.18 | S2 | 115.40 |
| R3 | 116.54 | S3 | 115.15 |
| R4 | 116.89 | S4 | 115.00 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 115.98 | Sell Below : 115.65 | ||
| – Take Profit : 116.30 | – Take Profit : 115.38 | ||
| – Stop Loss : 115.71 | – Stop Loss : 115.91 | ||
GOLD
| Commentary : Gold spiked up extremely after U.S. officially bans Russia’s oil and granted relief package for the Ukrainians. Yesterday gold touched $2,070, highest level since August 2020. Today pair made intraday high at $2,059 and low at $2,035 mark. A triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above $2,058 on H1 chart requires for the upside rally. Alternatively, a consistent close below $2,020 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 | 2064 | S1 | 2032 |
| R2 | 2071 | S2 | 2026 |
| R3 | 2078 | S3 | 2020 |
| R4 | 2085 | S4 | 2012 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 2060 | Sell Below : 2048 | ||
| – Take Profit : 2067 | – Take Profit : 2038 | ||
| – Stop Loss : 2054 | – Stop Loss : 2056 | ||
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