Daily Analysis Report - March 21, 2022.pdf
- 2. INDICATOR H1 Trend Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT 1.10576 R1 1.11023 S1 1.10124 R2 1.11283 S2 1.09864 R3 1.11739 S3 1.09434 Time Frame: H1 EUR/USD www.fxcentro.com Comment: - EURUSD is down MA & below Pivot Point. RSI is above 50 level mark. Down Trend is observed. - Ascending Triangle is observed and price has checked low and is moving again in the downward direction. - Below 1.10007 (Candle Close) a fresh Sell may be entered. - Alternative Scenario â Above 1.10788 an intraday up trend may start. - Watch out levels for intraday trading.
- 3. INDICATOR H1 Trend Reversing Up Trend U Below MA RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT 1.31616 R1 1.31945 S1 1.31286 R2 1.32150 S2 1.31082 63 1.32479 S3 1.30752 Time Frame: H1 GBP/USD Comment: - GBPUSD is below MA & Pivot Point. RSI above 50 level mark. Reversing Up Trend is observed. - Ascending Triangle has been formed and price has checked low of the triangle and again moving downward and may break triangle lower line. - Closing H1 Candle above 1.32150 may take price up. - Alternative Scenario â Down trend may be observed below 1.31286. - 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 1.26118 R1 1.26357 S1 1.25896 R2 1.26485 S2 1.25776 R3 1.26724 S3 1.25554 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 a Descending Triangle have been observed and price is moving within the range. - Below 1.25776 a fresh sell is advised. - Alternative Scenario â Trend reversal may be found above 1.26357. - 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 119.005 R1 119.379 S1 118.656 R2 119.586 S2 118.449 R3 119.922 S3 118.087 Time Frame: H1 USD/JPY Comment: - USDJPY is above MA & Pivot Point. RSI is above 50 level. Up Trend is observed. - Price is moving in Ascending Triangle and is moving within the range. - For fresh buy, one can enter the trade above 119.586 (Candle Close). - Alternative Scenario â Breaking below 118.824 may take it further Downside. - 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 0.73967 R1 0.74193 S1 0.73760 R2 0.74334 S2 0.73619 R3 0.74550 S3 0.73402 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 an Ascending Channel & Triangle and has checked the high and may break the top. A fresh buy is suggested above 0.74334 (If H1 Candle close below it). - Alternative Scenario â One can wait for it to break 0.73772. 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 1928.36 R1 1938.38 S1 1917.38 R2 1945.54 S2 1911.65 R3 1955.56 S3 1900.67 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. - Descending Channel is observed. Price has checked the top of the Channel & moving downward. - If price breaks 1938.38 a fresh upward movement will be seen. - Alternative Scenario â A fresh sell is suggested below 1921.50. - 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.