Daily Analysis Report - March 07, 2022

1. www.fxcentro.com
07th
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 1.09619
R1 1.10332 S1 1.08906
R2 1.10709 S2 1.08516
R3 1.11442 S3 1.07797
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
flat channel and moving upward.
- Below 1.08090 (Candle Close) a fresh sell may be entered.
- Price – RSI Divergence has been observed.
- Alternative Scenario – Above 1.09460 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 1.32606
R1 1.33197 S1 1.32042
R2 1.33543 S2 1.31683
63 1.34121 S3 1.31105
Time Frame: H1
GBP/USD
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 bottom of
the Descending Triangle.
- Closing H1 Candle below 1.31683 may take price down.
- Price – RSI Divergence has been observed.
- Alternative Scenario – Up trend may be observed above 1.32606.
- Watch out levels for intraday trading.
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4. INDICATOR H1
Trend Reversing Up Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.27304
R1 1.27771 S1 1.26838
R2 1.28050 S2 1.26538
R3 1.28537 S3 1.26072
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Time Frame: H1
USD/CAD
Comment:
- USDCAD below MA and Pivot Point. RSI is above 50 level mark. Reversing Up
Trend is observed.
- Price is following a Descending Channel and has checked the top of the
channel and reversed from there.
- Above 1.27771 a fresh Buy is advised.
- Price – RSI Divergence has been observed.
- Alternative Scenario – Trend reversal may be found below 1.26838
- 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 114.983
R1 115.339 S1 114.634
R2 115.548 S2 114.425
R3 115.897 S3 114.076
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 Flat Channel and has checked the bottom of the flat
Channel and moving upward.
- For fresh sell, one can enter the trade below 114.593 (Candle Close).
- Alternative Scenario – Breaking above 115.339 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 0.73533
R1 0.73825 S1 0.73240
R2 0.74001 S2 0.73006
R3 0.74352 S3 0.72713
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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 0.74410 (If H1 Candle close below it).
- Alternative Scenario – One can wait for it to break 0.73533. 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 1956.50
R1 1972.45 S1 1941.00
R2 1982.02 S2 1931.52
R3 1997.96 S3 1915.57
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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.
- Ascending Triangle is observed. Price has checked the Top of the Triangle.
- If price breaks 1998.00 a fresh upward movement will be seen.
- Alternative Scenario – A fresh sell is suggested below 1965.00
- Watch out levels for intraday trading.

8. You!
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Disclaimer:
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afford to lose. You are also recommended to seek independent financial advice if necessary.