Daily Analysis Report - April 20, 2022 We are providing a general idea on how market is moving based on Price Action. This is not an investment advice; user must have his/her analysis before entering the trade!

1. www.fxcentro.com
20th
April 2022
Daily Analysis
Report

2. INDICATOR H1
Trend Up Trend
U Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.07875
R1 1.08074 S1 1.07682
R2 1.08207 S2 1.07549
R3 1.08420 S3 1.07337
Time Frame: H1
EUR/USD
www.fxcentro.com
Comment:
- EURUSD is above MA & Pivot Point. RSI is above 50 level mark. Up Trend is
observed.
- A Descending Triangle is observed and price has checked the top of the
Descending Triangle and can break it.
- Above 1.08375 (Candle Close) a fresh buy may be entered.
- Alternative Scenario – Below 1.07875 an intraday down 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 1.30047
R1 1.30275 S1 1.29819
R2 1.30435 S2 1.29676
63 1.30646 S3 1.29457
Time Frame: H1
GBP/USD
Comment:
- GBPUSD is above MA & Pivot Point. RSI above 50 level mark. Up Trend is
observed.
- Descending Triangle has been formed and price has checked the top of the
Triangle. Please wait for the breakout.
- Closing H1 Candle above 1.30646 may take price above.
- Alternative Scenario – Down trend may be observed below 1.30047.
- 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 1.26096
R1 1.26397 S1 1.25796
R2 1.26579 S2 1.25605
R3 1.26875 S3 1.25299
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 Symmetrical Triangle and price has already broken the
bottom of the triangle.
- Below 1.25605 a fresh sell is advised.
- Alternative Scenario – Trend reversal may be found above 1.26475.
- Watch out levels for intraday trading.

5. INDICATOR H1
Trend Reversing Up Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 128.261
R1 129.052 S1 127.523
R2 129.502 S2 126.996
R3 130.292 S3 126.284
Time Frame: H1
USD/JPY
Comment:
- USDJPY is below MA & above Pivot Point. RSI is above 50 level. Reversing
Up Trend is observed.
- Price is moving in an Ascending Channel and has reversed from the top of
the channel.
- For fresh buy, one can enter the trade above 129.502 (Candle Close).
- Alternative Scenario – Breaking down 127.523 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 0.73709
R1 0.73934 S1 0.73503
R2 0.74060 S2 0.73359
R3 0.74284 S3 0.73153
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 a Descending channel and has broken the top of the
Channel.
A fresh buy is suggested above 0.74491 (H1 Candle close).
- Alternative Scenario – One can wait for it to break 0.73943 for downtrend.
- 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 1958.60
R1 1972.54 S1 1943.97
R2 1982.51 S2 1935.00
R3 1997.13 S3 1920.55
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 Triangle is observed. Price is moving towards bottom of the
triangle.
- If price breaks 1935.00 a fresh downward movement will be seen.
- Alternative Scenario – A fresh buy is suggested above 1958.60
- 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.