Daily Analysis Report - March 24, 2022.pdf

1. www.fxcentro.com
24st
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 1.10043
R1 1.10343 S1 1.09735
R2 1.10530 S2 1.09548
R3 1.10831 S3 1.09247
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.
- Major Ascending & Minor Descending Channels are observed and price has
checked high of Minor Descending Channel.
- Below 1.09548 (Candle Close) a fresh sell may be entered.
- Alternative Scenario – Above 1.10043 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 1.32264
R1 1.32729 S1 1.31775
R2 1.33022 S2 1.31491
63 1.33487 S3 1.31004
Time Frame: H1
GBP/USD
Comment:
- GBPUSD is below MA & Pivot Point. RSI below 50 level mark. Down Trend is
observed.
- Ascending Triangle has been formed and price has checked bottom of the
triangle and moving downward and may break triangle bottom line.
- Closing H1 Candle below 1.31520 may take price down.
- Alternative Scenario – Up trend may be observed above 1.32264.
- Watch out levels for intraday trading.
www.fxcentro.com

4. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.25672
R1 1.25932 S1 1.25445
R2 1.26066 S2 1.25285
R3 1.26327 S3 1.25050
www.fxcentro.com
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 Triangle have been observed and price is
moving upward within the range and can break it.
- Above 1.25932 a fresh buy is advised.
- Alternative Scenario – Trend reversal may be found below 1.25445.
- 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 121.037
R1 121.379 S1 120.751
R2 121.550 S2 120.537
R3 121.893 S3 120.223
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 Widening Ascending Channel and is moving within the
range.
- For fresh buy, one can enter the trade above 121.45 (Candle Close).
- Alternative Scenario – Breaking below 120.751 may take it further Downside.
- Watch out levels for intraday trading.
www.fxcentro.com

6. INDICATOR H1
Trend Reversing Up Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 0.74859
R1 0.75069 S1 0.74642
R2 0.75208 S2 0.74502
R3 0.75435 S3 0.74293
www.fxcentro.com
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 an Ascending Triangle and has checked the bottom and
can break it.
A fresh buy is suggested above 0.75069 (If H1 Candle close below it).
- Alternative Scenario – One can wait for it to break 0.74554. 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 1935.62
R1 1948.13 S1 1923.39
R2 1955.98 S2 1915.25
R3 1968.50 S3 1902.73
www.fxcentro.com
Time Frame: H1
XAU/USD
Comment:
- XAUUSD is priced above MA & Pivot Point. RSI is above 50 level. Up Trend is
observed.
- A Flat Channel is observed. Price has checked the top of the flat channel.
- If price breaks 1950.50 a fresh upward movement will be seen.
- Alternative Scenario – A fresh sell is suggested below 1928.50.
- 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.