Daily Analysis Report - January 26, 2022
- 2. INDICATOR H1 Trend Reversing Down Trend Moving Average (Period=75) Above MA RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT 1.12967 R1 1.13225 S1 1.12730 R2 1.13382 S2 1.12573 R3 1.13646 S3 1.12325 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 Triangle is observed and price has checked the top of the Channel and reversed from there. RSI has failed sustaining above 50 value. - Below 1.12859 (Candle Close) a fresh SELL may be entered. - Alternative Scenario – Above R1 - 1.13225 an intraday up trend may start. - Watch out levels for intraday trading.
- 3. INDICATOR H1 Trend Up Trend Moving Average (Period=75) Above MA RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT 1.34861 R1 1.35168 S1 1.34539 R2 1.35375 S2 1.34347 R3 1.35682 S3 1.34040 Time Frame: H1 GBP/USD Comment: - GBPUSD is above MA & Pivot Point. RSI above 50 level mark. Up Trend is observed. - Descending Channel has been formed and price has checked the bottom of the Descending channel. Now Double Bottom is honored and moving up. - Closing H1 Candle above 1.35230 may take price up to 1.35682. - Alternative Scenario – Down trend may be observed below Pivot Point - 1.34861. - 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 1.26312 R1 1.26577 S1 1.26036 R2 1.26750 S2 1.25861 R3 1.27034 S3 1.25590 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 Ascending Channel & checking the bottom line. Below S2- 1.25861 a fresh Sell is advised. - Alternative Scenario – Trend reversal may be found above Pivot Point 1.26312. - Watch out levels for intraday trading.
- 5. INDICATOR H1 Trend Up Trend Moving Average (Period=75) Above MA RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT 113.90 R1 114.078 S1 113.711 R2 114.199 S2 113.594 R3 114.384 S3 113.418 Time Frame: H1 USD/JPY Comment: - USDJPY is above MA & Pivot Point. RSI above below 50 level. Up Trend is observed. - Price is moving in Descending Channel and has checked & reversed from the top of the Channel. - For fresh buy, one can enter the trade above R1 – 114.078 (Candle Close). - Alternative Scenario – Breaking below S1 – 113.711 may take it further down to check supports. - 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 0.71479 R1 0.71698 S1 0.71279 R2 0.71826 S2 0.71139 R3 0.72039 S3 0.70926 www.fxcentro.com Time Frame: H1 AUD/USD Comment: - AUDUSD is above MA and Pivot Point. RSI is above 50 level. Up Trend is observed. - Price is following Descending Triangle & Channel and has checked the top of the Triangle. A fresh Buy is suggested above R1 - 0.71698 (If H1 Candle close below it). - Alternative Scenario – One can wait for it to break S1 - 0.71279. Below that intraday down 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 1845.37 R1 1852.57 S1 1838.18 R2 1857.14 S2 1833.74 R3 1864.20 S3 1826.28 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 & Triangle are observed. Price has checked the top of Ascending Triangle. - If price breaks R1 – 1852.57, a fresh Upward movement will be seen. - Alternative Scenario – A fresh Sell suggested below 1842.24. - 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.