Daily Analysis Report - January 21, 2022
- 2. INDICATOR H1 Trend Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT 1.13272 R1 1.13526 S1 1.13028 R2 1.14681 S2 1.12868 R3 1.13930 S3 1.12624 Time Frame: H1 EUR/USD www.fxcentro.com Comment: - EURUSD is below MA & below Pivot Point. RSI is below 50 level mark. Down Trend is observed. - Descending Channel is observed and price has checked the top of the Channel and consolidated there. RSI has failed sustaining above 50 value. - Below S1 - 1.13028 (Candle Close) a fresh SELL may be entered. - Alternative Scenario – Above R1 - 1.13526 an intraday up trend may start. - Watch out levels for intraday trading.
- 3. INDICATOR H1 Trend Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT 1.36159 R1 1.36439 S1 1.35873 R2 1.36628 S2 1.35691 R3 1.36895 S3 1.35404 Time Frame: H1 GBP/USD Comment: - GBPUSD is below MA & Pivot Point. RSI below 50 level mark. Down Trend is observed. - Minor Ascending Channel & Major Descending Channel has been formed and price is checking the bottom of the Ascending channel. - Closing H1 Candle below 1.35782 may take price up to 1.35404. - Alternative Scenario – Up trend may be observed above 1.36212. - Watch out levels for intraday trading. www.fxcentro.com
- 4. INDICATOR H1 Trend Up Trend Moving Average (Period=75) Above MA RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT 1.24911 R1 1.25176 S1 1.24655 R2 1.25304 S2 1.24518 R3 1.25542 S3 1.24271 www.fxcentro.com Time Frame: H1 USD/CAD Comment: - USDCAD above MA and Pivot Point. RSI is above 50 level mark. Up Trend is observed. - Price is following the Descending Channel & broke the central line up side. Above 1.2544 a fresh buy is advised. - Alternative Scenario – Trend reversal may be found Pivot Point - 1.24911. - Watch out levels for intraday trading.
- 5. INDICATOR H1 Trend Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT 114.207 R1 114.415 S1 113.971 R2 114.568 S2 113.832 R3 114.770 S3 113.623 Time Frame: H1 USD/JPY Comment: - USDJPY is below MA & Pivot Point. RSI is below 50 level. Down Trend is observed. - Price is moving in Descending Triangle and has checked & reversed from the bottom of the Triangle. - For fresh sell, one can enter the trade below S3 – 113.623 (Candle Close). - Alternative Scenario – Breaking above 114.15 may take it further Up to check supports. - Watch out levels for intraday trading. www.fxcentro.com
- 6. INDICATOR H1 Trend Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT 0.72353 R1 0.72627 S1 0.72093 R2 0.72790 S2 0.71925 R3 0.73050 S3 0.71675 www.fxcentro.com Time Frame: H1 AUD/USD Comment: - AUDUSD is below MA and Pivot Point. RSI is below 50 level. Down Trend is observed. - Price is following Descending Triangle and has broken the bottom of the minor Ascending Channel. A fresh buy is suggested below 0.71767 (If H1 Candle close below it). - Alternative Scenario – One can wait for it to break 0.7210. Above that intraday up trend may start. - Watch out levels for intraday trading.
- 7. INDICATOR H1 Trend Up Trend Moving Average (Period=75) Above MA RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT 1841 R1 1845.66 S1 1836.12 R2 1848.46 S2 1833.49 R3 1853.06 S3 1828.88 www.fxcentro.com Time Frame: H1 XAU/USD Comment: - XAUUSD is priced above MA & Pivot Point. RSI is above 50 level. Up Trend is observed. - Ascending Channel is observed. Price has reversed from the top which was made yesterday. - If price breaks R1 – 1845.66, a fresh Upward movement will be seen. - Alternative Scenario – A fresh Sell suggested below 1835.13. - 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.