Daily Analysis Report - April 27, 2022
We are providing a general idea on how market is moving based on Price Action.
This is not an investment advice; user must have his/her analysis before entering the trade!
2. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.06709
R1 1.07095 S1 1.06323
R2 1.07335 S2 1.06066
63 1.07746 S3 1.05680
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.
- A Descending Channel is observed and price is moving within the.
- Below 1.06066 (Candle Close) a fresh sell may be entered.
- Alternative Scenario – Above 1.06709 an intraday up trend may start.
- Watch out levels for intraday trading.
3. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.26395
R1 1.27156 S1 1.25635
R2 1.27616 S2 1.25140
63 1.284111 S3 1.24397
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 is moving within the
channel.
- Closing H1 Candle below 1.25140 may take price below.
- Alternative Scenario – Up trend may be observed above 1.26395.
- Watch out levels for intraday trading.
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4. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) At MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.27800
R1 1.28327 S1 1.27231
R2 1.28664 S2 1.26905
R3 1.29190 S3 1.26336
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Time Frame: H1
USD/CAD
Comment:
- USDCAD at MA and above Pivot Point. RSI is above 50 level mark. Up Trend is
observed.
- Price is following an Ascending Triangle and price is moving within the triangle.
- Above 1.28327 a fresh buy is advised.
- Alternative Scenario – Trend reversal may be found below 1.27231.
- 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 127.499
R1 127.962 S1 127.037
R2 128.233 S2 126.746
R3 128.685 S3 126.284
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 a Descending Channel and has checked the top of the
channel and can break it.
- For fresh buy, one can enter the trade above 127.962 (Candle Close).
- Alternative Scenario – Breaking below 127.037 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 0.71578
R1 0.71983 S1 0.71144
R2 0.72253 S2 0.70883
R3 0.72668 S3 0.70459
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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 has broken a Descending Triangle and is moving upward.
A fresh buy is suggested above 0.72321 (H1 Candle close).
- Alternative Scenario – One can wait for it to break 0.71144 for Down trend.
- 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 1904.16
R1 1910.00 S1 1898.00
R2 1913.50 S2 1894.50
R3 1920.00 S3 1888.38
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Time Frame: H1
XAU/USD
Comment:
- XAUUSD is priced at MA & below Pivot Point. RSI is below 50 level. Down
Trend is observed.
- Descending Triangle & a Flat Channel are observed. Price is moving within
the flat channel.
- If price breaks 1892.00 a fresh downward movement will be seen.
- Alternative Scenario – A fresh buy is suggested above 1910.00
- 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
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.