DAILY ANALYSIS REPORT APRIL-09-2021

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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 
R10.7672S10.7620
R20.7690S20.7590
R30.7722S30.7540
R40.7740S40.7488
Conclusion
Buy Above0.7660
  – Take Profit0.7690
  – Stop Loss0.7620
Sell Below0.7620
  – Take Profit0.7590
  – Stop Loss0.7660
Commentary : The Aussie moves in rigid boundaries against U.S. dollar and consolidates
around $0.7627 mark. The pair made intraday high at $0.7661 and low at $0.7631 mark.
Today triple EMA with a day chart is bearish while H1 chart confirms slightly up trend for
the time being. A sustained close above $0.7660 on H1 chart requires for the upside
rally. Alternatively, a consistent close below $0.7620 will check further supports.

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOT 
R11.1922S11.1862
R21.1940S21.1828
R31.1962S31.1790
R41.2004S41.1758
Conclusion
Buy Above1.1922
  – Take Profit1.1940
  – Stop Loss1.1890
Sell Below1.1885
  – Take Profit1.1862
  – Stop Loss1.1920
Commentary : The euro trades marginally lower on Friday and hovers around $1.1900
mark. The pair made intraday high at $1.1920 and low at $1.1902. 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 $1.1922 on H1 chart requires for the upside rally.
Alternatively, a sustained close below $1.1889 on H1 will check further supports.

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOT 
R11.3750S11.3706
R21.3790S21.3680
R31.3833S31.3648
R41.3860S41.3622
Conclusion
Buy Above1.3750
  – Take Profit1.3790
  – Stop Loss1.3700
Sell Below1.3706
  – Take Profit1.3680
  – Stop Loss1.3740
Commentary : The pound falls gradually on Friday and trading around $1.3720 mark in
Asian hours. The pair made intraday high at $1.3750 and low at $1.3721 mark. A day
chart and H1 chart with triple EMA confirm bearish trend for the time being. A sustained
close above $1.3750 on H1 chart requires for the upside rally. Alternatively, a consistent
close below $1.3720 will check key supports too.Supports Resistances.

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOT 
R11.2626S11.2555
R21.2640S21.2518
R31.2667S31.2500
R41.2690S41.2468
Conclusion
Buy Above1.2610
  – Take Profit1.2630
  – Stop Loss1.2580
Sell Below1.2555
  – Take Profit1.2518
  – Stop Loss1.2600
Commentary : The Canadian dollar moves in stiff boundaries and hovers around 1.2600
mark in Asian hours. A day chart and H1 Chart confirm bearish trend for the time being.
A sustained close above 1.2627 on H1 chart requires for the upside rally. Alternatively, a
consistent close below 1.2555 will check key supports too.

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOT 
R1109.57S1109.07
R2110.22S2108.62
R3110.70S3108.40
R4110.96S4108.00
Conclusion
Buy Above109.57
  – Take Profit109.90
  – Stop Loss109.07
Sell Below109.05
  – Take Profit108.62
  – Stop Loss109.50
Commentary : The Japanese yen trades marginally lower on Friday and stabilizes above
109.00 mark. The pair made intraday high at 109.39 and low at 109.19 mark. The triple
EMA on a day chart confirms up trend and H1 chart confirm bearish trend for the time
being. A sustained close above 109.57 on H1 chart requires for the upside rally.
Alternatively, a consistent close below 109.07 on H1 will check key supports.

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOT 
R11757S11747
R21762S21742
R31768S31737
R41776S41732
Conclusion
Buy Above1757
  – Take Profit1764
  – Stop Loss1748
Sell Below1745
  – Take Profit1738
  – Stop Loss1755
Commentary : The gold appreciates sharply in previous session and touched
$1,758 mark. Today gold trades slightly lower and hovers around $1,750 mark. Pair
made intraday high at $1,757 and low $1,749 mark. A day chart with triple EMA confirms
bearish trend while H1 chart with triple EMA confirms bullish trend for the time being. A
sustained close above $1,757 on H1 chart requires for the upside rally. Alternatively, a
consistent close below $1,747 will check further supports.
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