Daily Analysis Report - February 28, 2022

1. www.fxcentro.com
28th
February 2022
Daily Analysis
Report

2. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.12366
R1 1.12802 S1 1.11971
R2 1.13044 S2 1.11721
R3 1.13463 S3 1.11301
Time Frame: H1
EUR/USD
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Comment:
- EURUSD is below MA & Pivot Point. RSI is below 50 level mark. Down Trend
is observed.
- Descending Channel is observed and price has checked the bottom of the
channel and reversed from there.
- Below 1.11269 (Candle Close) a fresh sell may be entered.
- Alternative Scenario – Above 1.12059 an intraday up trend may start.
- Watch out levels for intraday trading.

3. INDICATOR H1
Trend Down Trend
U Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.34037
R1 1.34332 S1 1.33761
R2 1.34535 S2 1.33595
63 1.34775 S3 1.33355
Time Frame: H1
GBP/USD

4. 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 top of the
Descending Channel.
- Closing H1 Candle below 1.32968 may take price down.
- Alternative Scenario – Up trend may be observed above 1.34037.
- Watch out levels for intraday trading.
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5. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.27397
R1 1.27858 S1 1.26894
R2 1.28168 S2 1.26616
R3 1.28661 S3 1.26145
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 Descending Triangle and has checked the top of
Ascending Triangle and trying to break it.
- Above 1.28489 a fresh buy is advised.
- Alternative Scenario – Trend reversal may be found below 1.27397
- Watch out levels for intraday trading.

6. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 115.461
R1 115.708 S1 115.243
R2 115.869 S2 115.105
R3 116.082 S3 114.858
Time Frame: H1
USD/JPY
Comment:
- USDJPY is above MA & Pivot Point. RSI above 50 level. Up Trend is
observed.
- Price is moving in Ascending Triangle and has checked the top of the
Channel.
- For fresh buy, one can enter the trade above 115.869 (Candle Close).
- Alternative Scenario – Breaking below 115.392 may take it further downside.
- Watch out levels for intraday trading.
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7. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 0.72027
R1 0.72406 S1 0.71641
R2 0.72632 S2 0.71408
R3 0.73018 S3 0.71037
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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 Flat Channel & Descending Triangle and has checked the
bottom of the Flat Channel & Descending Triangle.
A fresh buy is suggested above 0.72027 (If H1 Candle close below it).
- Alternative Scenario – One can wait for it to break 0.71408. Below that
intraday down trend may start.
- Watch out levels for intraday trading.

8. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1897.98
R1 1912.00 S1 1882.76
R2 1921.14 S2 1873.65
R3 1936.50 S3 1859.73
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Time Frame: H1
XAU/USD
Comment:
- XAUUSD is priced above MA & Pivot Point. RSI is above 50 level. Up Trend is
observed.
- A Flat Channel & Descending Triangle is observed. Price has checked the
Top of both, Flat Channel & Descending Triangle.
- If price breaks 1922.00 a fresh upward movement will be seen.
- Alternative Scenario – A fresh sell is suggested below 1898.00
- Watch out levels for intraday trading.

9. You!
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