Daily Analysis Report - April 28, 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 1.05750
R1 1.06278 S1 1.05217
R2 1.06613 S2 1.04891
63 1.07170 S3 1.04343
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 1.04891 (Candle Close) a fresh sell may be entered.
- Alternative Scenario – Above 1.05750 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 1.25487
R1 1.25868 S1 1.25107
R2 1.26096 S2 1.24868
63 1.26476 S3 1.24487
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 1.24868 may take price below.
- Alternative Scenario – Up trend may be observed above 1.25850.
- Watch out levels for intraday trading.
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4. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.28162
R1 1.28464 S1 1.27861
R2 1.28629 S2 1.27683
R3 1.28916 S3 1.27981
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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 1.28629 a fresh buy is advised.
- Alternative Scenario – Trend reversal may be found below 1.27861.
- 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 127.981
R1 128.634 S1 127.364
R2 129.015 S2 126.965
R3 129.650 S3 126.331
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 an Ascending Channel and has checked the top of the
channel and can break it.
- For fresh buy, one can enter the trade above 130.274 (Candle Close).
- Alternative Scenario – Breaking below 128.634 may take it further downside.
- Watch out levels for intraday trading.
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6. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 0.71390
R1 0.71734 S1 0.71055
R2 0.71935 S2 0.70835
R3 0.72299 S3 0.70501
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Time Frame: H1
AUD/USD
Comment:
- AUDUSD is below MA and Pivot Point. RSI is below 50 level. Down Trend is
observed.
- Price has checked a Descending Triangle and is moving upward.
A fresh sell is suggested below 0.70730 (H1 Candle close).
- Alternative Scenario – One can wait for it to break 0.71390 for uptrend.
- 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 1891.35
R1 1901.07 S1 1881.63
R2 1907.20 S2 1875.29
R3 1917.34 S3 1685.57
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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 Channel is observed. Price is moving within the flat channel.
- If price breaks 1872.00 a fresh downward movement will be seen.
- Alternative Scenario – A fresh buy is suggested above 1890.00
- 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.