English
Arabic
Chinese (Simplified)
Dutch
French
German
Italian
Portuguese
Russian
SpanishDAILY ANALYSIS REPORT MARCH 28 2022
AUD / USD
| Commentary : The Aussie starts a new week on positive note and remains well supported above $0.7500 mark. Today pair made intraday high at $0.7524 and low at $0.7499 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. Australia’s Economic Calendar will remain empty for the day. | |||
| 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 : 0.7491 | ||
| – Take Profit : 0.7557 | – Take Profit : 0.7465 | ||
| – Stop Loss : 0.7500 | – Stop Loss : 0.7521 | ||
EUR / USD
| Commentary : The euro falls sharply in opening hours and hovers around $1.0950 mark. The pair made intraday high at $1.0986 and low at $1.0950 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.0990 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0938 on H1 chart will check further supports. European Calendar will remain empty for the day. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.0990 | S1 | 1.0938 |
| R2 | 1.1040 | S2 | 1.0912 |
| R3 | 1.1072 | S3 | 1.0900 |
| R4 | 1.1099 | S4 | 1.0876 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0990 | Sell Below : 1.0937 | ||
| – Take Profit : 1.1026 | – Take Profit : 1.0905 | ||
| – Stop Loss : 1.0965 | – Stop Loss : 1.0962 | ||
GBP / USD
| Commentary : The sterling trades marginally lower on Monday and slips below $1.3145 mark in Asian hours. Today pair made intraday high at $1.3184 and low at $1.3145 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1.3172 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3130 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 | 1.3190 | S1 | 1.3130 |
| R2 | 1.3222 | S2 | 1.3102 |
| R3 | 1.3254 | S3 | 1.3082 |
| R4 | 1.3278 | S4 | 1.3050 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3176 | Sell Below : 1.3135 | ||
| – Take Profit : 1.3200 | – Take Profit : 1.3099 | ||
| – Stop Loss : 1.3150 | – Stop Loss : 1.3167 | ||
USD / CAD
| Commentary : The CAD remains almost unchanged in opening hours and remains well supported below 1.2500 mark. The pair made intraday high at 1.2500 and low at 1.2476 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above 1.2522 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2465 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 | 1.2522 | S1 | 1.2465 |
| R2 | 1.2550 | S2 | 1.2430 |
| R3 | 1.2572 | S3 | 1.2412 |
| R4 | 1.2599 | S4 | 1.2400 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2505 | Sell Below : 1.2460 | ||
| – Take Profit : 1.2540 | – Take Profit : 1.2430 | ||
| – Stop Loss : 1.2472 | – Stop Loss : 1.2492 | ||
USD / JPY
| Commentary : The Japanese yen depreciates sharply in opening hours on the news that BoJ is going to purchase an unlimited amount of 10-year JGBs at 0.25%. The pair made intraday high at 123.10 and low at 122.00 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 123.15 on H1 chart requires for the upside rally. Alternatively, a consistent close below 122.00 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 | 123.15 | S1 | 122.00 |
| R2 | 123.33 | S2 | 121.72 |
| R3 | 123.78 | S3 | 121.40 |
| R4 | 124.05 | S4 | 121.12 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 123.15 | Sell Below : 122.38 | ||
| – Take Profit : 123.47 | – Take Profit : 121.96 | ||
| – Stop Loss : 122.75 | – Stop Loss : 122.71 | ||
GOLD
| Commentary : Gold weakens on early Asian hours and slips back below $1,950 mark. Today pair made intraday high at $1,958 and low at $1,942 mark. A triple EMA on a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above $1,958 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,937 will check further supports. U.S. trade balance data will release at 1230 GMT. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1958 | S1 | 1937 |
| R2 | 1962 | S2 | 1932 |
| R3 | 1968 | S3 | 1926 |
| R4 | 1974 | S4 | 1921 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1952 | Sell Below : 1937 | ||
| – Take Profit : 1958 | – Take Profit : 1930 | ||
| – Stop Loss : 1946 | – Stop Loss : 1942 | ||
Download Report in PDF
We provide every solution to start your own
TP Global FX Research Team
With a decade of Forex Market insight, TP Global FX Research Team delivers you the Market Insight that boosts your Trading Skills
Disclamer:
Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note that even knowledgeable and well-experienced investors can experience large potential losses as a result of trading in Forex and CFDs. Consequently, investors should be fully aware of all the risks involved when trading Forex and CFDs and accept all the negative consequences associated with such trading. Please always remember that trading in Forex and CFDs might not be suitable for all investors. It is desirable investors who would consider trading, to do so only with money that they can afford to lose. You are also recommended to seek independent financial advice if necessary. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. Apple, the Apple logo, iPod, iPad, iPod touch, and iTunes are trademarks of Apple Inc, registered in the US and other countries. IPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc. This site is run and operated by – TP Global Services Limited registered by FSA, St. Vincent and the Grenadines with Number 25274 BC 2019 TP Global Services Limited does not offer its services to residents of certain jurisdictions such as USA, and British Columbia.