DAILY ANALYSIS REPORT MARCH-26-2021

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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 
R10.7630S10.7570
R20.7682S20.7540
R30.7713S30.7502
R40.7753S40.7478
Conclusion
Buy Above0.7630
  – Take Profit0.7652
  – Stop Loss0.7602
Sell Below0.7590
  – Take Profit0.7570
  – Stop Loss0.7630
Commentary: The Aussie recovers slightly from previous losses on Friday and stabilizes
above $0.7600 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 $0.7562 will check further supports.

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOT 
R11.1799S11.1762
R21.1834S21.1740
R31.1862S31.1722
R41.1890S41.1700
Conclusion
Buy Above1.1802
  – Take Profit1.1834
  – Stop Loss1.1760
Sell Below1.1762
  – Take Profit1.1740
  – Stop Loss1.1800
Commentary: The euro depreciated extremely in previous session and touched $1.1763
mark. Today pair trades almost flat and remains well supported below $1.1800 mark.
The pair made intraday high at $1.1784 and low at $1.1762. Today triple EMA on a day
and H1 chart signal down trend for the time being. A consistent close above $1.1799 on
H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1762 on
H1 will check further supports.

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOT 
R11.3790S11.3732
R21.3843S21.3699
R31.3865S31.3670
R41.3880S41.3637
Conclusion
Buy Above1.3770
  – Take Profit1.3790
  – Stop Loss1.3740
Sell Below1.3720
  – Take Profit1.3670
  – Stop Loss1.3765
Commentary: The pound trades almost flat on Friday and trading around $1.3750 mark.
The pair made intraday high at $1.3764 and low at $1.3725 mark. A day chart is about to
give successful crossover, if it happens then a day chart will confirm bearish trend in
long run. On the other side, H1 chart with triple EMA confirms bullish trend for the time
being. Today’s BOE monetary policy meeting minutes and statement may give further
directions to the parity.

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 Above1.2610
  – Take Profit1.2640
  – Stop Loss1.2580
Sell Below1.2580
  – Take Profit1.2550
  – Stop Loss1.2610
Commentary: The Canadian dollar rises on Friday and slips back 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 
R1109.56S1108.78
R2109.82S2108.40
R3110.22S3108.00
R4110.54S4107.58
Conclusion
Buy Above109.35
  – Take Profit109.56
  – Stop Loss109.00
Sell Below109.00
  – Take Profit108.78
  – Stop Loss109.31
Commentary: The Japanese yen depreciates sharply after Tokyo CPI, Core CPI data and
touches 109.31 mark in early Asia. The pair made intraday high at 109.31 and low at
109.13 mark. The triple EMA on a day chart and H1 chart confirm up trend for the time
being. A sustained close above 109.28 on H1 chart requires for the upside rally.
Alternatively, a consistent close below 109.00 on H1 will check key supports.

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOT 
R11732S11722
R21738S21715
R31742S31708
R41748S41702
Conclusion
Buy Above1732
  – Take Profit1740
  – Stop Loss1720
Sell Below1720
  – Take Profit1708
  – Stop Loss1732
Commentary: The gold remained highly volatile in previous session on the back of
favorable U.S. fundamentals, successful vaccine roll out and higher yield prices too.
Indeed gold gave extreme volatility but parity still moves in channel pattern only from
$1,748 to $1,722 mark. A sustained close of either side on a day chart will only give
further direction to the parity. Today pair made intraday high at $1,729 and low at $1,723
mark. A day chart and H1 chart with triple EMA confirm down trend for the time being.
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