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SpanishDAILY ANALYSIS REPORT MARCH 25 2022
AUD / USD
| Commentary : The Aussie trades marginally higher on Friday and remains well supported above $0.7500 mark. Today pair made intraday high at $0.7525 and low at $0.7500 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $0.7530 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7490 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 | 0.7530 | S1 | 0.7490 |
| R2 | 0.7555 | S2 | 0.7472 |
| R3 | 0.7578 | S3 | 0.7450 |
| R4 | 0.7592 | S4 | 0.7415 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7530 | Sell Below : 0.7487 | ||
| – Take Profit : 0.7555 | – Take Profit : 0.7460 | ||
| – Stop Loss : 0.7497 | – Stop Loss : 0.7515 | ||
EUR / USD
| Commentary : The euro appreciates sharply on Friday ahead of German IFO Business Climate data and stabilizes above $1.1000 mark. The pair made intraday high at $1.1035 and low at $1.0989 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.1040 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1000 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 | 1.1040 | S1 | 1.1000 |
| R2 | 1.1056 | S2 | 1.0962 |
| R3 | 1.1082 | S3 | 1.0940 |
| R4 | 1.1122 | S4 | 1.0915 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.1040 | Sell Below : 1.0999 | ||
| – Take Profit : 1.1072 | – Take Profit : 1.0970 | ||
| – Stop Loss : 1.1012 | – Stop Loss : 1.1030 | ||
GBP / USD
| Commentary : The sterling starts a new day on a positive note ahead of BOE FPC Meeting Minutes and remains well supported above $1.3200 mark. Today pair made intraday high at $1.3217 and low at $1.3180 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.3222 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3170 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 | 1.3222 | S1 | 1.3170 |
| R2 | 1.3250 | S2 | 1.3155 |
| R3 | 1.3276 | S3 | 1.3115 |
| R4 | 1.3299 | S4 | 1.3100 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3238 | Sell Below : 1.3180 | ||
| – Take Profit : 1.3262 | – Take Profit : 1.3155 | ||
| – Stop Loss : 1.3210 | – Stop Loss : 1.3210 | ||
USD / CAD
| Commentary : The CAD trades flat on Friday and remains well supported below 1.2550 mark. Pair made intraday high at 1.2544 and low at 1.2517 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above 1.2557 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2510 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 | 1.2557 | S1 | 1.2510 |
| R2 | 1.2590 | S2 | 1.2480 |
| R3 | 1.2615 | S3 | 1.2465 |
| R4 | 1.2640 | S4 | 1.2450 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2558 | Sell Below : 1.2500 | ||
| – Take Profit : 1.2591 | – Take Profit : 1.2465 | ||
| – Stop Loss : 1.2520 | – Stop Loss : 1.2525 | ||
USD / JPY
| Commentary : The Japanese yen erases previous loss against U.S. dollar and starts a new day on a positive note. The pair made intraday high at 122.43 and low at 121.63 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 122.40 on H1 chart requires for the upside rally. Alternatively, a consistent close below 121.40 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 | 122.40 | S1 | 121.40 |
| R2 | 122.76 | S2 | 121.10 |
| R3 | 123.01 | S3 | 120.82 |
| R4 | 123.33 | S4 | 120.55 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 122.12 | Sell Below : 121.37 | ||
| – Take Profit : 122.45 | – Take Profit : 121.02 | ||
| – Stop Loss : 121.75 | – Stop Loss : 121.75 | ||
GOLD
| Commentary : Gold roses sharply on previous session and touched $1,966 mark. Today pair made intraday high at $1,964 and low at $1,957 mark. A triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above $1,965 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,954 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 | 1968 | S1 | 1954 |
| R2 | 1972 | S2 | 1948 |
| R3 | 1978 | S3 | 1942 |
| R4 | 1984 | S4 | 1937 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1967 | Sell Below : 1954 | ||
| – Take Profit : 1975 | – Take Profit : 1946 | ||
| – Stop Loss : 1961 | – Stop Loss : 1960 | ||
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