Daily Analysis Report - March 09, 2022

1. www.fxcentro.com
09th
March 2022
Daily Analysis
Report

2. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.09008
R1 1.09443 S1 1.08601
R2 1.09687 S2 1.08329
R3 1.10108 S3 1.07922
Time Frame: H1
EUR/USD
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Comment:
- EURUSD is above MA & above Pivot Point. RSI is above 50 level mark. Up
Trend is observed.
- Descending Channel is observed and price has made a low yesterday and
now moving upward within the channel.
- Above 1.09443 (Candle Close) a fresh buy may be entered.
- Alternative Scenario – Below 1.08601 an intraday down trend may start.
- Watch out levels for intraday trading.

3. INDICATOR H1
Trend Reversing Down Trend
U Above MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.31090
R1 1.31310 S1 1.30856
R2 1.31456 S2 1.30709
63 1.31705 S3 1.30461
Time Frame: H1
GBP/USD
Comment:
- GBPUSD is above MA & Pivot Point. RSI below 50 level mark. Reversing
Down Trend is observed.
- Descending channel & Descending Triangle have been formed and price has
checked the bottom of the Descending Channel.
- Closing H1 Candle below 1.30709 may take price down.
- Alternative Scenario – Up trend may be observed above 1.31456.
- Watch out levels for intraday trading.
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4. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.28602
R1 1.29002 S1 1.28202
R2 1.29231 S2 1.27944
R3 1.29632 S3 1.27544
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Time Frame: H1
USD/CAD
Comment:
- USDCAD above MA and Pivot Point. RSI is above 50 level mark. Up Trend is
observed.
- Price is following a Major Descending Channel and Minor Ascending Channel
and has checked the top of the channel.
- Above 1.29120 a fresh Buy is advised.
- Alternative Scenario – Trend reversal may be found below 1.28316
- Watch out levels for intraday trading.

5. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 115.552
R1 115.770 S1 115.341
R2 115.901 S2 115.222
R3 116.112 S3 115.005

6. Time Frame: H1
USD/JPY
Comment:
- USDJPY is above MA & Pivot Point. RSI is above 50 level. Up Trend is
observed.
- Price is moving in a Flat Channel & Ascending Triangle and has checked the
top of the flat Ascending Triangle.
- For fresh buy, one can enter the trade above 115.975 (Candle Close).
- Alternative Scenario – Breaking below 115.434 may take it further Downside.
- Watch out levels for intraday trading.
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7. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 0.72852
R1 0.73248 S1 0.72484
R2 0.73502 S2 0.72221
R3 0.73879 S3 0.71834
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Time Frame: H1
AUD/USD
Comment:
- AUDUSD is below MA and Pivot Point. RSI is below 50 level. Down Trend is
observed.
- Price is following Ascending Channel and has checked the bottom of
channel.
A fresh sell is suggested below 0.72456 (If H1 Candle close below it).
- Alternative Scenario – One can wait for it to break 0.73248. Above that
intraday up trend may start.
- Watch out levels for intraday trading.

8. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) ABOVE MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 2033.72
R1 2068.68 S1 1999.61
R2 2089.14 S2 1978.29
R3 2123.25 S3 1944.18
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Time Frame: H1
XAU/USD
Comment:
- XAUUSD is priced above MA & Pivot Point. RSI is above 50 level. Up Trend is
observed.
- Ascending Channel are observed. Price has checked the Top of the Channel.
- If price breaks 2068.68 a fresh upward movement will be seen.
- Alternative Scenario – A fresh sell is suggested below 2030.00
- Watch out levels for intraday trading.

9. You!
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Info@fxcentro.com
Disclaimer:
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risks involved when trading Forex and CFDs and accept all the negative consequences associated with
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afford to lose. You are also recommended to seek independent financial advice if necessary.