Daily Analysis Report - March 04, 2022

1. www.fxcentro.com
04th
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 1.10740
R1 1.11076 S1 1.10404
R2 1.11286 S2 1.10183
R3 1.11632 S3 1.09858
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 & Flat Channels are observed and price has broken the bottom
of the flat channel and moving downward.
- Below 1.10015 (Candle Close) a fresh sell may be entered.
- Price – RSI Divergence has been observed.
- Alternative Scenario – Above 1.10740 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 1.33594
R1 1.33988 S1 1.33221
R2 1.34220 S2 1.32988
63 1.34594 S3 1.32586
Time Frame: H1
GBP/USD
Comment:
- GBPUSD is below MA & Pivot Point. RSI below 50 level mark. Down Trend is
observed.
- Flat Channel & Descending Triangle have been formed and price has
checked the top of the Descending Triangle and has reversed from there.
- Closing H1 Candle below 1.32977 may take price down.
- Price – RSI Divergence has been observed.
- Alternative Scenario – Up trend may be observed above 1.33803.
- Watch out levels for intraday trading.
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4. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.26550
R1 1.26945 S1 1.26131
R2 1.27190 S2 1.25878
R3 1.27785 S3 1.25491
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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 a Descending Channel and has checked the top of the
channel and reversed from there.
- Above 1.27285 a fresh Buy is advised.
- Price – RSI Divergence has been observed.
- Alternative Scenario – Trend reversal may be found below 1.26550
- Watch out levels for intraday trading.

5. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 115.547
R1 115.714 S1 115.380
R2 115.817 S2 115.296
R3 115.971 S3 115.122
Time Frame: H1
USD/JPY
Comment:
- USDJPY is below MA & Pivot Point. RSI is below 50 level. Down 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 downward.
- For fresh sell, one can enter the trade below 115.20 (Candle Close).
- Alternative Scenario – Breaking above 115.714 may take it further upside.
- Watch out levels for intraday trading.
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6. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 0.73171
R1 0.73443 S1 0.72901
R2 0.73622 S2 0.72719
R3 0.73877 S3 0.72445
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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 and has checked the top of both and
also trying to break it.
A fresh buy is suggested above 0.73750 (If H1 Candle close below it).
- Alternative Scenario – One can wait for it to break 0.73171. Below that
intraday down trend may start.
- Watch out levels for intraday trading.

7. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1932.74
R1 1940.51 S1 1926.00
R2 1944.75 S2 1921.00
R3 1952.17 S3 1914.00
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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.
- Symmetrical Triangle is observed. Price has checked the Top of the Triangle.
- If price breaks 1949.00 a fresh upward movement will be seen.
- Price – RSI Divergence has been observed.
- Alternative Scenario – A fresh sell is suggested below 1925.00
- Watch out levels for intraday trading.

8. You!
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Disclaimer:
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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.