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SpanishDAILY ANALYSIS REPORT MAY 27 2022
AUD / USD
| Commentary : The Aussie strengthens sharply on Friday and hits fresh 3 – week high at $0.7144 mark. Today pair made intraday high at $0.7144 and low at $0.7089 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7154 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7090 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 | 0.7154 | S1 | 0.7090 |
| R2 | 0.7176 | S2 | 0.7072 |
| R3 | 0.7199 | S3 | 0.7040 |
| R4 | 0.7226 | S4 | 0.7012 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7150 | Sell Below : 0.7102 | ||
| – Take Profit : 0.7178 | – Take Profit : 0.7072 | ||
| – Stop Loss : 0.7122 | – Stop Loss : 0.7132 | ||
EUR / USD
| Commentary : The euro appreciates on Friday and remains well supported above $1.0750 mark. The pair made intraday high at $1.0765 and low at $1.0721 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.0772 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0720 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 | 1.0772 | S1 | 1.0720 |
| R2 | 1.0798 | S2 | 1.0680 |
| R3 | 1.0822 | S3 | 1.0654 |
| R4 | 1.0851 | S4 | 1.0622 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0770 | Sell Below : 1.0720 | ||
| – Take Profit : 1.0801 | – Take Profit : 1.0685 | ||
| – Stop Loss : 1.0740 | – Stop Loss : 1.075 | ||
GBP / USD
| Commentary : The sterling recovers sharply from previous losses and touches $1.2666 mark in opening hours. Today pair made intraday high at $1.2666 and low at $1.2612 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.2662 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2621 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 | 1.2670 | S1 | 1.2605 |
| R2 | 1.2692 | S2 | 1.2581 |
| R3 | 1.2724 | S3 | 1.2550 |
| R4 | 1.2755 | S4 | 1.2521 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2672 | Sell Below : 1.2621 | ||
| – Take Profit : 1.2702 | – Take Profit : 1.2591 | ||
| – Stop Loss : 1.2640 | – Stop Loss : 1.2650 | ||
USD / CAD
| Commentary : The CAD starts a new day on a positive note and hovers around 1.2750 mark. Today the pair made intraday high at 1.2783 and low at 1.2747 mark. Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above 1.2775 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2730 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 | 1.2784 | S1 | 1.2730 |
| R2 | 1.2815 | S2 | 1.2704 |
| R3 | 1.2840 | S3 | 1.2682 |
| R4 | 1.2872 | S4 | 1.2650 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2771 | Sell Below : 1.2740 | ||
| – Take Profit : 1.2800 | – Take Profit : 1.2704 | ||
| – Stop Loss : 1.27 | – Stop Loss : 1.2762 | ||
USD / JPY
| Commentary : The Japanese yen appreciates on Friday and stabilizes back below 127.00 mark. The pair made intraday high at 127.19 and low at 126.67 mark. The triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above 127.10 on H1 chart requires for the upside rally. Alternatively, a consistent close below 126.50 on H1 chart will check further key supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 127.22 | S1 | 126.50 |
| R2 | 127.54 | S2 | 126.12 |
| R3 | 127.78 | S3 | 125.80 |
| R4 | 127.99 | S4 | 125.55 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 127.10 | Sell Below : 126.60 | ||
| – Take Profit : 127.38 | – Take Profit : 126.32 | ||
| – Stop Loss : 126.85 | – Stop Loss : 126.98 | ||
GOLD
| Commentary : Gold starts a new day on a positive note and remains well supported above $1,850 mark. Today pair made intraday high at $1,856 and low at $1,848 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1,858 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,848 on H1 chart will test further supports. Later today, U.S. Personal Income and Spending data will provide further directions to the U.S. dollar. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1858 | S1 | 1848 |
| R2 | 1864 | S2 | 1842 |
| R3 | 1870 | S3 | 1836 |
| R4 | 1876 | S4 | 1832 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1858 | Sell Below : 1848 | ||
| – Take Profit : 1865 | – Take Profit : 1842 | ||
| – Stop Loss : 1852 | – Stop Loss : 1854 | ||
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