DAILY ANALYSIS REPORT JUNE 23 2022
AUD / USD
| Commentary : The Aussie falls on Thursday as Australia released Flash PMI data with flat numbers. Today pair made intraday high at $0.6927 and low at $0.6883 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $0.6930 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6880 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 | 0.6930 | S1 | 0.6880 |
| R2 | 0.6962 | S2 | 0.6855 |
| R3 | 0.6987 | S3 | 0.6830 |
| R4 | 0.7012 | S4 | 0.6810 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.6930 | Sell Below : 0.6878 | ||
| – Take Profit : 0.6962 | – Take Profit : 0.6850 | ||
| – Stop Loss : 0.6904 | – Stop Loss : 0.6916 | ||
EUR / USD
| Commentary : The euro trades almost flat on Thursday ahead of Flash PMI data and trading around $1.0568 mark. The pair made intraday high at $1.0581 and low at $1.0555 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.0582 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0550 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 | 1.0582 | S1 | 1.0550 |
| R2 | 1.0612 | S2 | 1.0521 |
| R3 | 1.0630 | S3 | 1.0501 |
| R4 | 1.0658 | S4 | 1.0501 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0585 | Sell Below : 1.0550 | ||
| – Take Profit : 1.0622 | – Take Profit : 1.0521 | ||
| – Stop Loss : 1.0562 | – Stop Loss : 1.0574 | ||
GBP / USD
| Commentary : The sterling remained highly volatile in previous session after U.K.’s inflation results released with flat numbers. Today pair made intraday high at $1.2266 and low at $1.2231 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.2272 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2237 will check further supports. Traders eye U.K.’s Flash PMI data for the further directions. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2272 | S1 | 1.2221 |
| R2 | 1.2296 | S2 | 1.2201 |
| R3 | 1.2318 | S3 | 1.2176 |
| R4 | 1.2354 | S4 | 1.2130 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.2272 | Sell Below : 1.2231 | ||
| – Take Profit : 1.2299 | – Take Profit : 1.2200 | ||
| – Stop Loss : 1.2247 | – Stop Loss : 1.2260 | ||
USD / CAD
| Commentary : The CAD falls gradually against U.S. dollar and hovers around 1.2950 mark. Today the pair made intraday high at 1.2984 and low at 1.2936 mark. Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above 1.2970 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2930 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 | 1.3001 | S1 | 1.2930 |
| R2 | 1.3030 | S2 | 1.2911 |
| R3 | 1.3055 | S3 | 1.2894 |
| R4 | 1.3072 | S4 | 1.2865 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2971 | Sell Below : 1.2930 | ||
| – Take Profit : 1.3000 | – Take Profit : 1.2900 | ||
| – Stop Loss : 1.2942 | – Stop Loss : 1.2960 | ||
USD / JPY
| Commentary : The Japanese yen appreciates in early Asia despite lower than expected Flash Manufacturing PMI data. The pair made intraday high at 136.19 and low at 135.12 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 136.10 on H1 chart requires for the upside rally. Alternatively, a consistent close below 134.90 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 | 136.10 | S1 | 134.90 |
| R2 | 136.48 | S2 | 134.65 |
| R3 | 136.72 | S3 | 134.30 |
| R4 | 136.96 | S4 | 134.05 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 135.76 | Sell Below : 135.15 | ||
| – Take Profit : 136.02 | – Take Profit : 134.70 | ||
| – Stop Loss : 135.42 | – Stop Loss : 135.50 | ||
GOLD
| Commentary : Gold starts a new day on a flat note and remains well supported below $1,840 mark. Today the pair made intraday high at $1,838 and low at $1,832 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1,838 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,830 on H1 chart will test further supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1838 | S1 | 1826 |
| R2 | 1842 | S2 | 1821 |
| R3 | 1848 | S3 | 1815 |
| R4 | 1854 | S4 | 1809 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1836 | Sell Below : 1830 | ||
| – Take Profit : 1842 | – Take Profit : 1824 | ||
| – Stop Loss : 1831 | – Stop Loss : 1836 | ||
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