2. INDICATOR H1
Trend Reversing Up Trend
Moving Average (Period=75) At MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.12993
R1 1.13235 S1 1.12751
R2 1.13397 S2 1.12609
R3 1.13633 S3 1.12360
Time Frame: H1
EUR/USD
www.fxcentro.com
Comment:
- EURUSD is exactly at MA & Pivot Point. RSI is above 50 level mark. Reversing
Up Trend is observed.
- Descending Channel & Ascending Triangle are observed and price has
reversed from the top of the Channel & Triangle.
- Above 1.13235 (Candle Close) a fresh Buy may be entered.
- Alternative Scenario – Below 1.12751 an intraday down trend may start.
- Watch out levels for intraday trading.
3. INDICATOR H1
Trend Reversing Up Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.35588
R1 1.35877 S1 1.35307
R2 1.36059 S2 1.35117
R3 1.36348 S3 1.34827
Time Frame: H1
GBP/USD
Comment:
- GBPUSD is below MA & Pivot Point. RSI above 50 level mark. Reversing Up
Trend is observed.
- Descending Channel & Ascending Triangle have been formed and price is
checking the top of the Descending channel & Ascending Triangle.
- Closing H1 Candle above 1.35877 may take price up.
- Alternative Scenario – Down trend may be observed below 1.35307.
- Watch out levels for intraday trading.
www.fxcentro.com
4. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.26738
R1 1.26945 S1 1.26531
R2 1.27077 S2 1.26399
R3 1.27304 S3 1.26211
www.fxcentro.com
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 Major Ascending & Minor Descending Channels and has
check the top.
- Below 1.26531 a fresh sell is advised.
- Alternative Scenario – Trend reversal may be found above 1.27077.
- Watch out levels for intraday trading.
5. INDICATOR H1
Trend Reversing Down Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 114.459
R1 114.712 S1 114.218
R2 114.869 S2 114.062
R3 115.122 S3 113.815
Time Frame: H1
USD/JPY
Comment:
- USDJPY is above MA & Pivot Point. RSI below 50 level. Reversing Down
Trend is observed.
- Price is moving in Major Ascending & Minor Descending Channel and has
checked the bottom now reversing from there.
- For fresh sell, one can enter the trade below S1 – 114.218 (Candle Close).
- Alternative Scenario – Breaking Above R1 – 114.712 may take it further up to
check resistance.
- 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 0.71382
R1 0.71525 S1 0.71230
R2 0.71634 S2 0.71113
R3 0.71777 S3 0.70970
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 Major Descending Channel & Minor Ascending Channel and
has checked the top of the Major Descending Channel and bottom of the
Minor Ascending Channel.
A fresh Buy is suggested above 0.71525 (If H1 Candle close below it).
- Alternative Scenario – One can wait for it to break S3 - 0.70970. 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 1803.81
R1 1810.00 S1 1797.61
R2 1814.00 S2 1793.41
R3 1820.22 S3 1787.21
www.fxcentro.com
Time Frame: H1
XAU/USD
Comment:
- XAUUSD is priced below MA & Pivot Point. RSI is below 50 level. Up Trend is
observed.
- Major Descending & Minor Ascending Channels are observed. Price is
checking the bottom of Ascending Channel and has reversed from the
bottom of Ascending Channel.
- If price breaks 1810, a fresh upward movement will be seen.
- Alternative Scenario – A fresh sell is suggested below 1800.
- 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.