Daily Analysis Report - January 27, 2022
- 2. INDICATOR H1 Trend Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT 1.12621 R1 1.12917 S1 1.12332 R2 1.13084 S2 1.12158 R3 1.13386 S3 1.11869 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 bottom of the Channel and reversed from there. RSI is reversing below 30 value. - Below 1.12158 (Candle Close) a fresh SELL may be entered. - Alternative Scenario – Above Pivot Point - 1.12621 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 1.34781 R1 1.35080 S1 1.34471 R2 1.35258 S2 1.34413 R3 1.35557 S3 1.33961 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 fallen from the top of the Descending channel. - Closing H1 Candle below 1.34392 may take price up to 1.33961. - Alternative Scenario – Down trend may be observed below Pivot Point - 1.34781. - 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 1.26374 R1 1.26883 S1 1.25876 R2 1.27163 S2 1.25575 R3 1.27661 S3 1.25088 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 & moving higher. Price – RSI Divergence is observed - Above 1.2722 a fresh buy is advised. - Alternative Scenario – Trend reversal may be found above Pivot Point 1.26374. - 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 114.374 R1 114.721 S1 114.016 R2 114.931 S2 113.809 R3 115.281 S3 113.451 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 Ascending Triangle and has checked & reversed from the top of the Triangle. Price – RSI Divergence is observed. - For fresh buy, one can enter the trade above R2 – 114.931 (Candle Close). - Alternative Scenario – Breaking below Pivot Point – 114.374 may take it further down 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 0.71303 R1 0.71634 S1 0.70977 R2 0.71830 S2 0.70775 R3 0.72162 S3 0.70444 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 top of the Triangle now moving towards bottom. Price – RSI Divergence is observed. A fresh Buy is suggested above Pivot - 0.71303 (If H1 Candle close below it). - Alternative Scenario – One can wait for it to break 0.70670. Below that intraday down trend may start. - Watch out levels for intraday trading.
- 7. INDICATOR H1 Trend Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT 1827.96 R1 1841.55 S1 1814.60 R2 1849.56 S2 1806.14 R3 1862.92 S3 1792.56 www.fxcentro.com Time Frame: H1 XAU/USD Comment: - XAUUSD is priced below MA & Pivot Point. RSI is below 50 level. Down Trend is observed. - Ascending Channel is observed. Price has checked the bottom of Ascending Channel. - If price breaks 1808, a fresh downward movement will be seen. - Alternative Scenario – A fresh buy is suggested above 1828. - 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.