DAILY ANALYSIS REPORT APRIL-01-2021

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Time Frame

H1

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOT 
R10.7590S10.7520
R20.7620S20.7500
R30.7670S30.7450
R40.7692S40.7400
Conclusion
Buy Above0.7590
  – Take Profit0.7620
  – Stop Loss0.7550
Sell Below0.7520
  – Take Profit0.7490
  – Stop Loss0.7570
Commentary : The Aussie spikes down extremely on Thursday after mixed economic data and touches
$0.7538 mark in Asian hours. It is the lowest level since Dec 23, 2020. Today triple EMA
with day and H1 chart confirm bearish trend for the time being. A sustained close above
$0.7590 on H1 chart requires for the upside rally. Alternatively, a consistent close below
$0.7500 will check further supports.

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOT 
R11.1750S11.1690
R21.1780S21.1676
R31.1834S31.1648
R41.1862S41.1620
Conclusion
Buy Above1.1750
  – Take Profit1.1775
  – Stop Loss1.1700
Sell Below1.1690
  – Take Profit1.1665
  – Stop Loss1.1750
Commentary :  The euro falls drastically against U.S. dollar and hovers around $1.17 mark.
The pair made intraday high at $1.1732 and low at $1.1713. Today triple EMA on a day
and H1 chart signal down trend for the time being. A consistent close above $1.1750 on
H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1690 on
H1 will check further supports.

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOT 
R11.3780S11.3700
R21.3800S21.3670
R31.3843S31.3648
R41.3880S41.3610
Conclusion
Buy Above1.3800
  – Take Profit1.3840
  – Stop Loss1.3750
Sell Below1.3740
  – Take Profit1.3700
  – Stop Loss1.3780
Commentary : The pound trades slightly lower on Thursday and currently stabilizes above
$1.3750 mark. The pair made intraday high at $1.3790 and low at $1.3756 mark. A day
chart and H1 chart with triple EMA confirm slightly up trend for the time being. A
sustained close above $1.3800 on H1 chart requires for the upside rally. Alternatively,
current downside movement will drag the parity down below $1.3740 mark.

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOT 
R11.2640S11.2570
R21.2667S21.2550
R31.2690S31.2520
R41.2722S41.2500
Conclusion
Buy Above1.2610
  – Take Profit1.2640
  – Stop Loss1.2570
Sell Below1.2560
  – Take Profit1.2540
  – Stop Loss1.2610
Commentary : The Canadian dollar depreciates against U.S. dollar and hovers around
1.2600 mark. A day chart is bearish in long run while H1 chart confirm up trend for the
time being. A sustained close above 1.2640 on H1 chart requires for the upside rally.
Alternatively, a consistent close below 1.2550 will check key supports too.

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOT 
R1110.96S1110.50
R2111.44S2110.20
R3111.72S3109.57
R4112.10S4109.00
Conclusion
Buy Above110.96
  – Take Profit111.26
  – Stop Loss110.50
Sell Below110.40
  – Take Profit110.10
  – Stop Loss110.96
Commentary :  The Japanese yen moves in rigid boundaries and remains well supported
below 111.00 mark. The pair made intraday high at 110.82 and low at 110.57 mark. The
triple EMA on a day chart and H1 chart confirm bullish trend for the time being. A
sustained close above 110.96 on H1 chart requires for the upside rally. Alternatively, a
consistent close below 110.50 on H1 will check key supports.

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOT 
R11718S11702
R21722S21694
R31728S31685
R41732S41676
Conclusion
Buy Above1715
  – Take Profit1722
  – Stop Loss1708
Sell Below1705
  – Take Profit1698
  – Stop Loss1715
Commentary : The gold recovers from previous losses and stabilizes back above
$1,700 mark. Today pair made intraday high at $1,715 and low at $1,705 mark. A day
chart with triple EMA confirm bearish trend while H1 chart with triple EMA confirm up
trend for the time being. A sustained close above $1,715 on H1 chart requires for the
upside rally. Alternatively, a consistent close below $1,702 will check further supports.
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