Daily Analysis Report - March 03, 2022

1. www.fxcentro.com
03rd
March 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 1.11074
R1 1.11409 S1 1.10739
R2 1.11608 S2 1.10540
R3 1.11943 S3 1.10205
Time Frame: H1
EUR/USD
www.fxcentro.com
Comment:
- EURUSD is below MA & Pivot Point. RSI is below 50 level mark. Down Trend
is observed.
- Descending & Flat Channels are observed and price has checked the top &
bottom of the flat channel and moving in narrow range.
- Below 1.10540 (Candle Close) a fresh sell may be entered.
- Alternative Scenario – Above 1.11450 an intraday up trend may start.
- Watch out levels for intraday trading.

3. INDICATOR H1
Trend Up Trend
U Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.33625
R1 1.34150 S1 1.33099
R2 1.34470 S2 1.32810
63 1.34978 S3 1.32264
Time Frame: H1
GBP/USD
Comment:
- GBPUSD is above MA & Pivot Point. RSI above 50 level mark. Up Trend is
observed.
- Flat Channel & Descending Triangle have been formed and price has
checked the bottom of the both and also trying to break it upside.
- Closing H1 Candle above 1.34420 may take price up.
- Alternative Scenario – Down trend may be observed below 1.33131.
- 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 1.26691
R1 1.27133 S1 1.26226
R2 1.27413 S2 1.25970
R3 1.27832 S3 1.25516
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 Channel and has checked the top of the
channel yesterday and reversed from there.
- Below 1.26150 a fresh sell is advised.
- Alternative Scenario – Trend reversal may be found above 1.26950
- 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 115.324
R1 115.678 S1 114.986
R2 115.883 S2 114.774
R3 116.237 S3 114.436
Time Frame: H1
USD/JPY
Comment:
- USDJPY is above MA & Pivot Point. RSI is at 50 level. Up Trend is observed.
- Price is moving in a Major Descending and a Minor Ascending Channel and
has checked the top of the descending Channel and moving upward.
- For fresh buy, one can enter the trade above 115.883 (Candle Close).
- Alternative Scenario – Breaking below 115.324 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 0.72817
R1 0.73068 S1 0.72596
R2 0.73215 S2 0.72429
R3 0.73456 S3 0.72187
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 Ascending Channel & Ascending Triangle are observed and
has checked the top of both and also trying to break it.
A fresh buy is suggested above 0.73215 (If H1 Candle close below it).
- Alternative Scenario – One can wait for it to break 0.72450. 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 1929.87
R1 1942.95 S1 1916.79
R2 1951.27 S2 1909.36
R3 1964.35 S3 1895.69
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.
- Symmetrical Triangle is observed. Price has checked the Top of the Triangle.
- If price breaks 1913.52 a fresh downward movement will be seen.
- Alternative Scenario – A fresh buy is suggested above 1937.00
- 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.