Daily Analysis Report - March 11, 2022

1. www.fxcentro.com
11th
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 1.10261
R1 1.10837 S1 1.09723
R2 1.11158 S2 1.08377
R3 1.11709 S3 1.08813
Time Frame: H1
EUR/USD
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Comment:
- EURUSD is below MA & below Pivot Point. RSI is below 50 level mark. Down
Trend is observed.
- Ascending Channel & Symmetrical Triangle are observed and price has made
a high yesterday and now moving downward within the channel.
- Below 1.10923 (Candle Close) a fresh sell may be entered.
- Alternative Scenario – Above 1.10837 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 1.31213
R1 1.31641 S1 1.30774
R2 1.31900 S2 1.30495
63 1.32350 S3 1.30067
Time Frame: H1
GBP/USD
Comment:
- GBPUSD is below MA & Pivot Point. RSI below 50 level mark. Up Trend is
observed.
- Descending Triangle and Flat channel have been formed and price has
checked the bottom of both and trying to break it.
- Closing H1 Candle below 1.30495 may take price down.
- Alternative Scenario – Up trend may be observed above 1.31213.
- Watch out levels for intraday trading.
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4. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.27861
R1 1.28197 S1 1.27501
R2 1.28420 S2 1.27286
R3 1.29772 S3 1.26950
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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 an Ascending Channel and has checked the bottom of the
channel.
- Below 1.27432 a fresh sell is advised.
- Alternative Scenario – Trend reversal may be found above 1.28197
- 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 116.060
R1 116.196 S1 115.895
R2 116.289 S2 115.809
R3 116.439 S3 115.651
Time Frame: H1
USD/JPY
Comment:
- USDJPY is above MA & Pivot Point. RSI is above 50 level. Up Trend is
observed.
- Price is moving in Ascending Channel & Ascending Triangle and has checked
the top of the Ascending Triangle and trying to break it.
- For fresh buy, one can enter the trade above 116.690 (Candle Close).
- Alternative Scenario – Breaking below 116.203 may take it further Downside.
- Watch out levels for intraday trading.
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6. INDICATOR H1
Trend Reversing Up Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 0.73376
R1 0.73671 S1 0.73051
R2 0.73857 S2 0.72880
R3 0.74167 S3 0.72570
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Time Frame: H1
AUD/USD
Comment:
- AUDUSD is below MA and Pivot Point. RSI is above 50 level. Reversing Up
Trend is observed.
- Price is following a Flat Channel & Descending Triangle and has checked the
top of the triangle.
A fresh buy is suggested above 0.73818 (If H1 Candle close below it).
- Alternative Scenario – One can wait for it to break 0.723051. 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 1992.03
R1 2007.31 S1 1977.28
R2 2016.27 S2 1968.85
R3 2030.50 S3 1954.10
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Time Frame: H1
XAU/USD
Comment:
- XAUUSD is priced below MA & Pivot Point. RSI is below 50 level. Down Trend
is observed.
- Descending Channel is observed. Price is trying to check & break the bottom
of the Channel.
- If price breaks 1969.00 a fresh downward movement will be seen.
- Alternative Scenario – A fresh buy is suggested above 2007.00.
- Watch out levels for intraday trading.

8. You!
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Info@fxcentro.com
Disclaimer:
Please note that even knowledgeable and well-experienced investors can experience large potential
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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.