DAILY ANALYSIS REPORT MARCH-25-2021

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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 
R10.7630S10.7576
R20.7682S20.7540
R30.7713S30.7502
R40.7753S40.7478
Conclusion
Buy Above0.7630
  – Take Profit0.7650
  – Stop Loss0.7590
Sell Below0.7576
  – Take Profit0.7550
  – Stop Loss0.7612
Commentary: The Aussie trades marginally higher and hovers around $0.7600 mark. The
pair fails to find support below $0.7580 mark. Today triple EMA with day and H1 chart
confirm the down trend for the time being. A sustained close above $0.7630 on H1 chart
requires for the upside rally. Alternatively, a consistent close below $0.7576 will check
further supports.

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOT 
R11.1834S11.1802
R21.1862S21.1777
R31.1890S31.1750
R41.1927S41.1722
Conclusion
Buy Above1.1834
  – Take Profit1.1862
  – Stop Loss1.1800
Sell Below1.1802
  – Take Profit1.1777
  – Stop Loss1.1840
Commentary:The euro trades slightly up on Thursday and stabilizes above $1.1800
mark.The pair made intraday high at $1.1827 and low at $1.1804. Today triple EMA on a
day and H1 chart signal down trend for the time being. A consistent close above $1.1834
on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1810
on H1 will check further supports. Please make a note that today is the first day of EU
Economic Summit

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOT 
R11.3722S11.3680
R21.3740S21.3662
R31.3762S31.3643
R41.3790S41.3584
Conclusion
Buy Above1.3722
  – Take Profit1.3750
  – Stop Loss1.3690
Sell Below1.3680
  – Take Profit1.3662
  – Stop Loss1.3722
Commentary: The pound trades almost flat on Thursday and hovers around $1.3700 mark.
In Short run, triple EMA on H1 chart suggests bearish trend while a day chart is about to
give successful crossover for the down trend confirmation. Let’s wait for few hours to
check the movement of the parity. The pair made intraday high at $1.3708 and low at
$1.3679 mark. A sustained close above $1.3722 on H1 chart requires for the upside
rally. On the other hand, consistent close below $1.3680 on H1 will test further supports
too.

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOT 
R11.2610S11.2550
R21.2640S21.2520
R31.2667S31.2500
R41.2690S41.2476
Conclusion
Buy Above1.2590
  – Take Profit1.2612
  – Stop Loss1.2550
Sell Below1.2550
  – Take Profit1.2520
  – Stop Loss1.2600
Commentary: The Canadian dollar exhibits range bound movement and remains well
supported below 1.26 mark. A day chart confirms bearish trend for long run while H1
chart with triple EMA confirms the uptrend for the time being. A sustained close above
1.2610 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 
R1109.28S1108.78
R2109.56S2108.40
R3109.82S3108.00
R4110.22S4107.58
Conclusion
Buy Above109.00
  – Take Profit109.28
  – Stop Loss108.70
Sell Below108.78
  – Take Profit108.40
  – Stop Loss109.00
Commentary: The Japanese yen weakens on Thursday and touches 108.99 mark in early
Asia. The pair made intraday high at 108.99 and low at 108.70 mark. The triple EMA on
a day chart and H1 chart confirm up trend for the time being. A sustained close above
109.00 on H1 chart requires for the upside rally. Alternatively, a consistent close below
108.78 on H1 will check key supports.

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOT 
R11742S11732
R21748S21726
R31754S31722
R41762S41715
Conclusion
Buy Above1740
  – Take Profit1748
  – Stop Loss1728
Sell Below1732
  – Take Profit1722
  – Stop Loss1740
Commentary: The gold trades flat on Thursday and remains well supported above
$1,730 mark. Today pair made intraday high at $1,739 and low at $1,732 mark. A day
chart is bearish in long run while H1 chart confirms up trend for the time being. A
sustained close above $1,740 on H1 chart requires for the upside rally. Alternatively, a
consistent close below $1,732 on H1 will test further supports too. 
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