Daily Analysis Report - March 17, 2022

1. www.fxcentro.com
17th
March 2022
Daily Analysis
Report

2. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.10094
R1 1.10472 S1 1.09726
R2 1.10711 S2 1.09478
R3 1.11098 S3 1.09119
Time Frame: H1
EUR/USD
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Comment:
- EURUSD is above MA & below Pivot Point. RSI is above 50 level mark.
Neutral to Up Trend is observed.
- Ascending Channel & Symmetrical Triangle are observed and price has made
a high and is reversing from the Ascending Channel upline.
- Above 1.10711 (Candle Close) a fresh buy may be entered.
- Alternative Scenario – Below 1.09929 an intraday down 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 1.31111
R1 1.31620 S1 1.30592
R2 1.31897 S2 1.30280
63 1.32417 S3 1.29783
Time Frame: H1
GBP/USD
Comment:
- GBPUSD is above MA & Pivot Point. RSI above 50 level mark. Up Trend is
observed.
- Major Descending & Minor Ascending Channels have been formed and price
is trying to check high and may also break it.
- Closing H1 Candle above 1.31897 may take price up.
- Alternative Scenario – Down trend may be observed below 1.30903.
- 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 1.27122
R1 1.27515 S1 1.26692
R2 1.27758 S2 1.26467
R3 1.28142 S3 1.26046
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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 a Descending Channel has been observed and price is
moving towards the bottom of the channel.
- Below 1.26561 a fresh sell is advised.
- Price – RSI Divergence is observed.
- Alternative Scenario – Trend reversal may be found above 1.27272.
- 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 118.664
R1 119.026 S1 118.299
R2 119.272 S2 118.080
R3 118.612 S3 117.715
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 Triangle and has checked the top of the
Ascending Triangle and may break it.
- For fresh buy, one can enter the trade above 119.170 (Candle Close).
- Price – RSI Divergence is observed
- Alternative Scenario – Breaking below 118.469 may take it further Downside.
- 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 0.72540
R1 0.73009 S1 0.72117
R2 0.73267 S2 0.71841
R3 0.73727 S3 0.71371
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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 a Descending Channel and has checked the high and
consolidated there on the top.
A fresh buy is suggested above 0.73387 (If H1 Candle close below it).
- Alternative Scenario – One can wait for it to break 0.72761. 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 1917.50
R1 1930.38 S1 1904.15
R2 1938.00 S2 1986.52
R3 1951.84 S3 1983.17
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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.
- Descending Channel is observed. Price has checked the top of the Channel
& moving downward.
- If price breaks 1944.70 a fresh upward movement will be seen.
- Alternative Scenario – A fresh sell is suggested below 1917.50.
- Watch out levels for intraday trading.

8. You!
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