DAILY ANALYSIS REPORT APRIL-05-2021

Posted on
.

Time Frame

H1

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOT 
R10.7640S10.7590
R20.7670S20.7570
R30.7692S30.7520
R40.7722S40.7488
Conclusion
Buy Above0.7640
  – Take Profit0.7670
  – Stop Loss0.7590
Sell Below0.7590
  – Take Profit0.7570
  – Stop Loss0.7640
Commentary : The Aussie trades almost flat on Monday and stabilizes above $0.76 mark.
Today triple EMA with day chart is bearish in long run while H1 chart confirm up trend for
the time being. A sustained close above $0.7622 on H1 chart requires for the upside
rally. Alternatively, a consistent close below $0.7590 will check further supports.

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOT 
R11.1770S11.1750
R21.1790S21.1690
R31.1830S31.1648
R41.1862S41.1620
Conclusion
Buy Above1.1770
  – Take Profit1.1792
  – Stop Loss1.1740
Sell Below1.1740
  – Take Profit1.1718
  – Stop Loss1.1762
Commentary : The euro falls sharply against U.S. dollar and remains well supported below
$1.1800 mark. The pair made intraday high at $1.1771 and low at $1.1752. Today triple
EMA on a day chart suggest bearish trend while H1 chart signal slightly up trend for the
time being. A consistent close above $1.1770 on H1 chart requires for the upside rally.
Alternatively, a sustained close below $1.1750 on H1 will check further supports.

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOT 
R11.3840S11.3780
R21.3862S21.3730
R31.3890S31.3700
R41.3890S41.3650
Conclusion
Buy Above1.3845
  – Take Profit1.3867
  – Stop Loss1.3810
Sell Below1.3810
  – Take Profit1.3790
  – Stop Loss1.3840
Commentary : The pound trades in narrow range on Monday and hovers around $1.3830
mark. The pair made intraday high at $1.3842 and low at $1.3815 mark. A day chart and
H1 chart with triple EMA confirm bullish trend for the time being. A sustained close above
$1.3840 on H1 chart requires for the upside rally. Alternatively, a consistent close below
$1.3810 will check key supports too. 

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOT 
R11.2590S11.2560
R21.2610S21.2520
R31.2640S31.2500
R41.2667S41.2468
Conclusion
Buy Above1.2590
  – Take Profit1.2610
  – Stop Loss1.2560
Sell Below1.2550
  – Take Profit1.2520
  – Stop Loss1.2590
Commentary : The Canadian dollar enjoys roller coaster movement against U.S. dollar and
hovers around 1.2580 mark. A day chart signals bearish trend but H1 chart with triple
EMA confirms bullish for the time being. A sustained close above 1.2610 on H1 chart
requires for the upside rally. Alternatively, a consistent close below 1.2560 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 Above110.72
  – Take Profit110.96
  – Stop Loss110.50
Sell Below110.40
  – Take Profit110.10
  – Stop Loss110.76
Commentary : The Japanese yen exhibits range bound movement and consolidates around
110.50 mark. The pair made intraday high at 110.74 and low at 110.52 mark. The triple
EMA on a day chart and H1 chart confirm bullish trend for the time being. A sustained
close above 110.70 on H1 chart requires for the upside rally. Alternatively, a consistent
close below 110.50 on H1 will check key supports.

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOT 
R11732S11722
R21738S21715
R31742S31708
R41748S41702
Conclusion
Buy Above1732
  – Take Profit1740
  – Stop Loss1720
Sell Below1718
  – Take Profit1712
  – Stop Loss1730
Commentary : The gold starts a new week on a slightly negative note but remains
well supported above $1,720 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 $1,732 on H1 chart requires for the upside rally. Alternatively, a consistent close
below $1,722 will check further supports.
Note:
This email is intended solely for the indicated recipient(s). It may contain privileged and/or confidential information. If you are not one of the intended recipients, please notify the sender immediately and destroy this email; you must not copy, distribute or take any action in reliance on the information contained within. Whilst all efforts are made to safeguard inbound and outbound emails, Swissquote cannot guarantee that attachments are virus free or compatible with your software and declines any liability in respect to viruses or computer problems experienced. Any views expressed in this message are those of the individual sender, except where specifically stated to be the view of Swissquote Bank Ltd, its subsidiaries or associates. Additionally Swissquote declines any liability connected with losses incurred on transactions based on any market information and/or opinions contained within this email. This message has been checked for all known viruses by McAfee Virus scan. This message is sent to you by Swissquote Bank. If you no longer wish to receive this type of emails from Swissquote, please click here to unsubscribe.

Download Report in PDF

We provide every solution to start your own

Tags
Disclamer:
Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. 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. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. Apple, the Apple logo, iPod, iPad, iPod touch, and iTunes are trademarks of Apple Inc, registered in the US and other countries. IPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc. This site is run and operated by – TP Global Services Limited registered by FSA, St. Vincent and the Grenadines with Number 25274 BC 2019 TP Global Services Limited does not offer its services to residents of certain jurisdictions such as USA, and British Columbia.
Share on facebook
Share on linkedin
Share on twitter
Share on telegram
Share on whatsapp
Unleash Powerful Trading Conditions with TP Global.

Recent Posts

Categories

Offices

305 Griffith Corporate Park, Beachmont Kingston, Saint Vincent & the Grenadines

Mail us

Drop mail at:
support@tpglobalfx.com

Contact us

Call or Whatsapp
+1 7754366970

Risk Warning: Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. 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. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. Apple, the Apple logo, iPod, iPad, iPod touch, and iTunes are trademarks of Apple Inc, registered in the US and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc. This site is run and operated by - TP Global Services Limited registered by St. Vincent and the Grenadines with Number 25274 BC 2019. Registered office: Suite 305, Griffith Corporate Centre, Beachmont, P.O.Box 1510, Kingstown Saint Vincent and the Grenadines

TP Global Fx Africa Limited is incorporated in Federal Republic of Nigeria under the Companies and Allied matters Act 1990 with registration number RC 1674202. The objects of the company are all subject matters not forbidden by Companies and Allied Matters Act 1990. To provide Electronic Platform through which clients can choose currencies, commodities, indexes, CFDs and other leveraged financial instruments to trade.

TP Global Services Limited is registered with NFA (National Futures Association) USA with Registration Number 0533098.

mappin at-sign phone close