DAILY ANALYSIS REPORT MARCH-30-2021

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Time Frame

H1

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOT 
R10.7670S10.7610
R20.7692S20.7590
R30.7713S30.7570
R40.7753S40.7520
Conclusion
Buy Above0.7670
  – Take Profit0.7692
  – Stop Loss0.7640
Sell Below0.7620
  – Take Profit0.7590
  – Stop Loss0.7670
Commentary: The Aussie trades marginally higher on Tuesday and stabilizes around
$0.7650 mark. 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 $0.7670 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 LevelsPIVOT 
R11.1780S11.1740
R21.1805S21.1722
R31.1834S31.1700
R41.1862S41.1676
Conclusion
Buy Above1.1780
  – Take Profit1.1805
  – Stop Loss1.1750
Sell Below1.1740
  – Take Profit1.1722
  – Stop Loss1.1770
Commentary:  The euro depreciates on Tuesday and slips below $1.1800 mark. The pair
made intraday high at $1.1776 and low at $1.1760. Today triple EMA on a day and H1
chart signal down trend for the time being. A consistent close above $1.1780 on H1 chart
requires for the upside rally. Alternatively, a sustained close below $1.1740 on H1 will
check further supports.

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOT 
R11.3793S11.3750
R21.3843S21.3732
R31.3865S31.3700
R41.3880S41.3670
Conclusion
Buy Above1.3793
  – Take Profit1.3820
  – Stop Loss1.3740
Sell Below1.3750
  – Take Profit1.3732
  – Stop Loss1.3790
Commentary:  The pound remained highly volatile in previous session and currently trading
around $1.3780 mark. The pair made intraday high at $1.3783 and low at $1.3754 mark.
A day chart and H1 chart with triple EMA confirm slightly 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 LevelsPIVOT 
R11.2640S11.2570
R21.2667S21.2550
R31.2690S31.2520
R41.2722S41.2500
Conclusion
Buy Above1.2610
  – Take Profit1.2640
  – Stop Loss1.2570
Sell Below1.2570
  – Take Profit1.2550
  – Stop Loss1.2610
Commentary: The Canadian dollar trades almost flat on Tuesday and slips back below
1.2600 mark. A day chart and H1 chart confirm bearish trend for the time being. A
sustained close above 1.2610 on H1 chart requires for the upside rally. Alternatively, a
consistent close below 1.2570 will check key supports too.

IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RIS (Period=26)Above RIS LEVEL 50
FIBO LevelsPIVOT 
R1110.22S1109.57
R2110.54S2108.32
R3110.88S3108.78
R4111.44S4108.40
Conclusion
Buy Above110.02
  – Take Profit110.22
  – Stop Loss109.70
Sell Below109.70
  – Take Profit109.40
  – Stop Loss110.02
Commentary : The Japanese yen weakens sharply on Tuesday despite robust retail sales
and unemployment rate results. The pair made intraday high at 109.99 and low at
109.72 mark. The triple EMA on a day chart and H1 chart confirm bullish trend for the
time being. A sustained close above 110.02 on H1 chart requires for the upside rally.
Alternatively, a consistent close below 109.57 on H1 will check key supports.

IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RIS (Period=26)Below RIS LEVEL 50
FIBO LevelsPIVOT 
R11715S11702
R21722S21694
R31727S31685
R41732S41676
Conclusion
Buy Above1715
  – Take Profit1722
  – Stop Loss1702
Sell Below1702
  – Take Profit1694
  – Stop Loss1715
Commentary : The gold weakens sharply and stabilizes below $1,710 mark. Today
pair made intraday high at $1,714 and low at $1,704 mark. A day chart and H1 chart with
triple EMA confirm bearish trend for the time being. A sustained close above $1,715 on
H1 chart requires for the upside rally. Alternatively, current downside movement will drag
the parity down below $1,700 mark.
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