Daily Analysis Report - February 02, 2022

1. www.fxcentro.com
02nd
February 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 1.12569
R1 1.12791 S1 1.12340
R2 1.12932 S2 1.12218
R3 1.13141 S3 1.11983
Time Frame: H1
EUR/USD
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Comment:
- EURUSD is above MA & Pivot Point. RSI is above 50 level mark. Up Trend is
observed.
- Descending Channel is observed and price is trying to check top of the
Channel.
- Above 1.12865 (Candle Close) a fresh Buy may be entered.
- Alternative Scenario – Below 1.12494 an intraday down trend may start.
- Watch out levels for intraday trading.

3. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.34942
R1 1.35314 S1 1.34579
R2 1.35521 S2 1.34364
R3 1.35893 S3 1.34000
Time Frame: H1
GBP/USD
Comment:
- GBPUSD is above MA & Pivot Point. RSI above 50 level mark. Up Trend is
observed.
- Descending Channel has been formed and price is checking the top of the
Descending channel.
- Closing H1 Candle above 1.35447 may take price up.
- Alternative Scenario – Down trend may be observed below 1.34851.
- 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 1.26892
R1 1.27150 S1 1.26622
R2 1.27331 S2 1.26433
R3 1.27606 S3 1.26158
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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 the Ascending Channel & Triangle & trying to check the
bottom.
- Below 1.26622 a fresh sell is advised.
- Alternative Scenario – Trend reversal may be found above 1.27150.

5. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 114.808
R1 115.055 S1 114.567
R2 115.188 S2 114.423
R3 115.435 S3 114.176
Time Frame: H1
USD/JPY
Comment:
- USDJPY is below MA & Pivot Point. RSI below below 50 level. Down Trend is
observed.
- Price is moving in Ascending Channel and has broken the bottom.
- For fresh sell, one can enter the trade below S1 – 114.567 (Candle Close).
- Alternative Scenario – Breaking Above R1 – 115.055 may take it further up to
check resistance.
- 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 0.70970
R1 0.71331 S1 0.70609
R2 0.71575 S2 0.70373
R3 0.71945 S3 0.70004
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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 Major Descending Channel & Minor Ascending Channel and
has checked the top of the Major Descending Channel.
A fresh Buy is suggested above 0.71575 (If H1 Candle close below it).
- Alternative Scenario – One can wait for it to break Pivot Point - 0.70970.
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 1801.81
R1 1806.81 S1 1797.00
R2 1810.00 S2 1793.61
R3 1814.81 S3 1788.81
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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.
- Major Descending & Minor Ascending Channels are observed. Price is
checking the bottom of Ascending Channel and has reversed from the top of
Descending Channel.
- If price breaks 1793.61, a fresh downward movement will be seen.
- Alternative Scenario – A fresh buy is suggested above 1806.81.
- Watch out levels for intraday trading.

8. You!
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Disclaimer:
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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.