Daily Analysis Report - February 18, 2022
- 2. INDICATOR H1 Trend Up Trend Moving Average (Period=75) Above MA RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT 1.13557 R1 1.13788 S1 1.13326 R2 1.13948 S2 1.13173 R3 1.14185 S3 1.12923 Time Frame: H1 EUR/USD www.fxcentro.com Comment: - EURUSD is above MA & Pivot Point. RSI is above 50 level mark. Up Trend is observed. - Descending Channel is observed and price has reversed from the top of the Channel & still it may break it. - Above 1.13788 (Candle Close) a fresh sell may be entered. - Alternative Scenario – Below 1.13400 an intraday down trend may start. - Watch out levels for intraday trading.
- 3. INDICATOR H1 Trend Up Trend U Above MA RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT 1.36027 R1 1.36340 S1 1.35715 R2 1.36549 S2 1.35521 63 1.36861 S3 1.35195 Time Frame: H1 GBP/USD Comment: - GBPUSD is above MA & Pivot Point. RSI above 50 level mark. Up Trend is observed. - Ascending Triangle & Flat Channel have been formed and price is trying to check top of the Ascending Triangle. - Closing H1 Candle above 1.36415 may take price up. - Alternative Scenario – Down trend may be observed below 1.35715. - Watch out levels for intraday trading. www.fxcentro.com
- 4. INDICATOR H1 Trend Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT 1.27054 R1 1.27280 S1 1.26829 R2 1.27420 S2 1.26689 R3 1.27653 S3 1.26460 www.fxcentro.com Time Frame: H1 USD/CAD Comment: - USDCAD below MA and Pivot Point. RSI is below 50 level mark. Down Trend is observed. - Price is following the Descending Triangle & Flat Channel and has checked the top of Descending Triangle. - Below 1.26757 a fresh sell is advised. - Alternative Scenario – Trend reversal may be found above 1.2190. - Watch out levels for intraday trading.
- 5. INDICATOR H1 Trend Reversing Down Trend Moving Average (Period=75) Above MA RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT 115.101 R1 115.372 S1 114.843 R2 115.538 S2 114683 R3 115.803 S3 114.412 Time Frame: H1 USD/JPY Comment: - USDJPY is above MA & Pivot Point. RSI below 50 level. Reversing Down Trend is observed. - Price is moving in Descending Triangle & Flat Channel and has broken the bottom of the Channel & checked bottom of the triangle. - For fresh sell, one can enter the trade below 114.840 (Candle Close). - Alternative Scenario – Breaking above 115.372 may take it further upside. - Watch out levels for intraday trading. www.fxcentro.com
- 6. INDICATOR H1 Trend Up Trend Moving Average (Period=75) Above MA RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT 0.71855 R1 0.72099 S1 0.71584 R2 0.72254 S2 0.71424 R3 0.72530 S3 0.71164 www.fxcentro.com Time Frame: H1 AUD/USD Comment: - AUDUSD is above MA and above Pivot Point. RSI is above 50 level. Up Trend is observed. - Price is following Ascending Triangle has checked the top of the Ascending Triangle. A fresh buy is suggested above 0.72200 (If H1 Candle close below it). - Alternative Scenario – One can wait for it to break 0.71717. Below that intraday down trend may start. - Watch out levels for intraday trading.
- 7. INDICATOR H1 Trend Reversing Up Trend Moving Average (Period=75) Below MA RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT 1889.17 R1 1901.64 S1 1876.39 R2 1909.64 S2 1868.39 R3 1922.71 S3 1855.61 www.fxcentro.com Time Frame: H1 XAU/USD Comment: - XAUUSD is priced below MA & Pivot Point. RSI is above 50 level. Reversing Up Trend is observed. - Ascending Channel is observed. Price has reversed from the top of Ascending Channel. - If price breaks 1902, a fresh upward movement will be seen. - Alternative Scenario – A fresh sell is suggested below 1881.00 - Watch out levels for intraday trading.
- 8. You! www.fxcentro.com Info@fxcentro.com Disclaimer: 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.