The document provides daily analysis reports on the trends, moving averages, RSI levels and key support and resistance levels for several currency pairs including EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD and XAU/USD on the H1 time frame. For each currency pair, it indicates whether the trend is up or down based on the technical indicators, describes the observed chart patterns, and provides levels to watch for potential trades as well as counter trend scenarios. It concludes with a disclaimer about the risks of forex trading.

1. www.fxcentro.com
17th
March 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 1.10094
R1 1.10472 S1 1.09726
R2 1.10711 S2 1.09478
R3 1.11098 S3 1.09119
Time Frame: H1
EUR/USD
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Comment:
- EURUSD is above MA & below Pivot Point. RSI is above 50 level mark.
Neutral to Up Trend is observed.
- Ascending Channel & Symmetrical Triangle are observed and price has made
a high and is reversing from the Ascending Channel upline.
- Above 1.10711 (Candle Close) a fresh buy may be entered.
- Alternative Scenario – Below 1.09929 an intraday down trend may start.
- Watch out levels for intraday trading.

3. INDICATOR H1
Trend Up Trend
U Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.31111
R1 1.31620 S1 1.30592
R2 1.31897 S2 1.30280
63 1.32417 S3 1.29783
Time Frame: H1
GBP/USD
Comment:
- GBPUSD is above MA & Pivot Point. RSI above 50 level mark. Up Trend is
observed.
- Major Descending & Minor Ascending Channels have been formed and price
is trying to check high and may also break it.
- Closing H1 Candle above 1.31897 may take price up.
- Alternative Scenario – Down trend may be observed below 1.30903.
- 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 1.27122
R1 1.27515 S1 1.26692
R2 1.27758 S2 1.26467
R3 1.28142 S3 1.26046
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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 a Descending Channel has been observed and price is
moving towards the bottom of the channel.
- Below 1.26561 a fresh sell is advised.
- Price – RSI Divergence is observed.
- Alternative Scenario – Trend reversal may be found above 1.27272.
- 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 118.664
R1 119.026 S1 118.299
R2 119.272 S2 118.080
R3 118.612 S3 117.715
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 Ascending Triangle and has checked the top of the
Ascending Triangle and may break it.
- For fresh buy, one can enter the trade above 119.170 (Candle Close).
- Price – RSI Divergence is observed
- Alternative Scenario – Breaking below 118.469 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 0.72540
R1 0.73009 S1 0.72117
R2 0.73267 S2 0.71841
R3 0.73727 S3 0.71371
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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 a Descending Channel and has checked the high and
consolidated there on the top.
A fresh buy is suggested above 0.73387 (If H1 Candle close below it).
- Alternative Scenario – One can wait for it to break 0.72761. 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 1917.50
R1 1930.38 S1 1904.15
R2 1938.00 S2 1986.52
R3 1951.84 S3 1983.17
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Time Frame: H1
XAU/USD
Comment:
- XAUUSD is priced above MA & Pivot Point. RSI is above 50 level. Up Trend is
observed.
- Descending Channel is observed. Price has checked the top of the Channel
& moving downward.
- If price breaks 1944.70 a fresh upward movement will be seen.
- Alternative Scenario – A fresh sell is suggested below 1917.50.
- Watch out levels for intraday trading.

8. You!
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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.