Daily Analysis Report - January 24, 2022
- 2. INDICATOR H1 Trend Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT 1.13350 R1 1.13573 S1 1.13122 R2 1.13712 S2 1.12989 R3 1.13934 S3 1.12761 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 reversed from there. RSI has failed sustaining above 50 value. - Below S1 - 1.13350 (Candle Close) a fresh SELL may be entered. - Alternative Scenario – Above R1 - 1.13573 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 1.35670 R1 1.35895 S1 1.35452 R2 1.36012 S2 1.35318 R3 1.36247 S3 1.35099 Time Frame: H1 GBP/USD Comment: - GBPUSD is below MA & Pivot Point. RSI below 50 level mark. Down Trend is observed. - Descending Channel has been formed and price has checked the bottom of the Descending channel. - Closing H1 Candle below S2 - 1.35318 may take price up to 1.35099. - Alternative Scenario – Up trend may be observed above 1.35771. - 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 1.25529 R1 1.25867 S1 1.25192 R2 1.26087 S2 1.24976 R3 1.26411 S3 1.24634 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 Ascending Channel & checking the bottom line. Above R1 - 1.25867 a fresh buy is advised. - Alternative Scenario – Trend reversal may be found below 1.25260. - 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 113.808 R1 114.013 S1 113.589 R2 114.142 S2 113.455 R3 114.352 S3 113.255 Time Frame: H1 USD/JPY Comment: - USDJPY is above MA & Pivot Point. RSI is below 50 level. Reversing Down Trend is observed. - Price is moving in Descending Channel and has checked & reversed from the bottom of the Channel. - For fresh sell, one can enter the trade below S1 – 113.589 (Candle Close). - Alternative Scenario – Breaking above R2 - 114.142 may take it further Up to check resistances . - 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 0.71920 R1 0.72132 S1 0.71809 R2 0.72263 S2 0.71558 R3 0.73494 S3 0.71340 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 & Channel and has checked the bottom of the Channel. A fresh Sell is suggested below S1 - 0.71809 (If H1 Candle close below it). - Alternative Scenario – One can wait for it to break 0.72082. 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 1835.32 R1 1841.01 S1 1835.16 R2 1844.56 S2 1826.42 R3 1850.11 S3 1820.88 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 Bottom which was made yesterday. - If price breaks R1 – 1841.01, a fresh Upward movement will be seen. - Alternative Scenario – A fresh Sell suggested below 1829. - 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.