DAILY ANALYSIS REPORT MARCH-29-2021

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Time Frame

H1

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOTDynamic
R10.7650S10.7610
R20.7682S20.7590
R30.7713S30.7570
R40.7753S40.7520
Conclusion
Buy Above0.7650
  – Take Profit0.7682
  – Stop Loss0.7610
Sell Below0.7590
  – Take Profit0.7570
  – Stop Loss0.7640
Commentary:AUD/USD: The Aussie trades almost flat on Monday as some of the major cities in the
country facing fresh lockdown. Today triple EMA with day chart confirm bearish trend in
long run while H1 chart confirm the uptrend for the time being. A sustained close above
$0.7640 on H1 chart requires for the upside rally. Alternatively, a consistent close below
$0.7610 will check further supports.

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOTDynamic
R11.1805S11.1762
R21.1834S21.1740
R31.1862S31.1722
R41.1890S41.1700
Conclusion
Buy Above1.1805
  – Take Profit1.1834
  – Stop Loss1.1762
Sell Below1.1762
  – Take Profit1.1740
  – Stop Loss1.1805
Commentary: EUR/USD: The euro trades marginally lower on Monday and stabilizes below $1.1800
mark. The pair made intraday high at $1.1793 and low at $1.1775. Today triple EMA on
a day and H1 chart signal down trend for the time being. A consistent close above
$1.1805 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 LevelsPIVOTDynamic
R11.3793S11.3750
R21.3843S21.3732
R31.3865S31.3700
R41.3880S41.3670
Conclusion
Buy Above1.3800
  – Take Profit1.3828
  – Stop Loss1.3775
Sell Below1.3750
  – Take Profit1.3732
  – Stop Loss1.3790
Commentary:GBP/USD: The pound exhibits range bound movement and remains well supported
below $1.38 mark. The pair made intraday high at $1.3796 and low at $1.3765 mark. A
day chart and H1 chart with triple EMA confirm up trend for the time being. A sustained
close above $1.3793 on H1 chart requires for the upside rally. Alternatively, current
downside movement will drag the parity down below $1.3750 mark.

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOTDynamic
R11.2640S11.2570
R21.2667S21.2550
R31.2690S31.2520
R41.2722S41.2500
Conclusion
Buy Above1.2640
  – Take Profit1.2667
  – Stop Loss1.2600
Sell Below1.2590
  – Take Profit1.2570
  – Stop Loss1.2610
Commentary:USD/CAD: The Canadian dollar weakens sharply on Monday and breaks key resistance
at 1.2610 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 1.2640 on H1
chart requires for the upside rally. Alternatively, a consistent close below 1.2570 will
check key supports too.

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOTDynamic
R1109.82S1109.32
R2110.22S2108.78
R3110.54S3108.40
R4110.88S4108.00
Conclusion
Buy Above109.82
  – Take Profit110.22
  – Stop Loss109.40
Sell Below109.40
  – Take Profit109.15
  – Stop Loss109.82
Commentary: USD/JPY: The Japanese yen rises on Monday after BOJ released Summary of
Opinions. The pair made intraday high at 109.80 and low at 109.44 mark. The triple EMA
on a day chart and H1 chart confirm bullish trend for the time being. A sustained close
above 109.80 on H1 chart requires for the upside rally. Alternatively, a consistent close
below 109.32 on H1 will check key supports.

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOTDynamic
R11732S11722
R21738S21715
R31742S31708
R41748S41702
Conclusion
Buy Above1732
  – Take Profit1738
  – Stop Loss1722
Sell Below1721
  – Take Profit1708
  – Stop Loss1732
Commentary: XAU/USD (GOLD): The gold starts a new week on a lower note and hovers around
$1,730 mark. Today pair made intraday high at $1,733 and low at $1,726 mark. A day
chart and H1 chart with triple EMA confirm bearish trend for the time being. A sustained
close above $1,732 on H1 chart requires for the upside rally. Alternatively, current
downside movement will drag the parity down below $1,720 mark. 
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