Daily Analysis Report Archives - TP Global FX

DAILY ANALYSIS REPORT SEPTEMBER 02 2022

TP Global FX Research Team — Fri, 02 Sep 2022 06:02:07 +0000

Posted on

September 2, 2022

.

Time Frame

AUD / USD

Commentary: The Aussie trades almost flat on Friday and hovers around $0.6790 mark. Today pair made intraday high at $0.6800 and low at $0.6782 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $0.6812 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6772 will check further supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.6812	S1	0.6772
R2	0.6840	S2	0.6750
R3	0.6872	S3	0.6722
R4	0.6890	S4	0.6701
BUY		SELL


Buy Above: 0.6805		Sell Below: 0.6770
– Take Profit: 0.6830		– Take Profit: 0.6732
– Stop Loss: 0.6781		– Stop Loss: 0.6796

EUR / USD

Commentary : The euro fell sharply in previous session and takes halt around $0.9910 mark. The pair made intraday high at $0.9964 and low at $0.9942 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $0.9978 on H1 chart requires for the upside rally. Alternatively, a sustained close below $0.9930 on H1 chart will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.9978	S1	0.9930
R2	0.9999	S2	0.9904
R3	1.0024	S3	0.9881
R4	1.0050	S4	0.9850
BUY		SELL


Buy Above : 0.9981		Sell Below: 0.9948
– Take Profit : 1.0012		– Take Profit: 0.9920
– Stop Loss : 0.9955		– Stop Loss: 0.9980

GBP / USD

Commentary : The sterling moves in rigid boundaries on Friday and hovers around $1.1550 mark. Today pair made intraday high at $1.1559 and low at $1.1530 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.1572 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1522 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.1572	S1	1.1522
R2	1.1596	S2	1.1502
R3	1.1630	S3	1.1480
R4	1.1655	S4	1.1455
BUY		SELL


Buy Above: 1.1568		Sell Below: 1.1521
– Take Profit: 1.1600		– Take Profit: 1.1476
– Stop Loss: 1.1532		– Stop Loss: 1.1550

USD / CAD

Commentary: The CAD remains volatile on Friday and hovers around 1.3150 mark. Today the pair made intraday high at 1.3163 and low at 1.3140 mark. Today a day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above 1.3165 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.3130 on H1 chart will check key supports too.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.3165	S1	1.3130
R2	1.3199	S2	1.3104
R3	1.3222	S3	1.3080
R4	1.3250	S4	1.3055
BUY		SELL


Buy Above: 1.3172		Sell Below: 1.3140
– Take Profit: 1.3200		– Take Profit: 1.3111
– Stop Loss: 1.3140		– Stop Loss: 1.3162

USD / JPY

Commentary: The Japanese yen weakens drastically and jumps back above 140.00 mark. It is the lowest level since Aug 1998. The pair made intraday high at 140.27 and low at 139.86 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 140.30 on H1 chart requires for the upside rally. Alternatively, a consistent close below 139.55 on H1 chart will check further key supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	140.30	S1	139.78
R2	140.78	S2	139.55
R3	140.99	S3	139.12
R4	141.24	S4	138.80
BUY		SELL


Buy Above: 140.40		Sell Below: 139.81
– Take Profit: 140.82		– Take Profit: 139.35
– Stop Loss: 139.98		– Stop Loss: 140.21

GOLD

Commentary : Gold trades flat on Friday ahead of U.S. NFP job results scheduled at 1230 GMT/1800 IST. Today the pair made intraday high at $1,700 and low at $1,695 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,704 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,692 on H1 chart will test further supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1704	S1	1694
R2	1709	S2	1688
R3	1714	S3	1682
R4	1720	S4	1676
BUY		SELL


Buy Above: 1704		Sell Below: 1694
– Take Profit: 1709		– Take Profit: 1686
– Stop Loss: 1696		– Stop Loss: 1701

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DAILY ANALYSIS REPORT SEPTEMBER 01 2022

TP Global FX Research Team — Thu, 01 Sep 2022 05:36:27 +0000

Posted on

September 1, 2022

.

Time Frame

AUD / USD

Commentary: The Aussie remains slightly volatile in early Asia as Australia released key economic data with flat to negative numbers. Today pair made intraday high at $0.6845 and low at $0.6804 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $0.6840 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6799 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.6840	S1	0.6790
R2	0.6872	S2	0.6762
R3	0.6890	S3	0.6737
R4	0.6922	S4	0.6715
BUY		SELL


Buy Above: 0.6830		Sell Below: 0.6789
– Take Profit: 0.6858		– Take Profit: 0.6760
– Stop Loss: 0.6804		– Stop Loss: 0.6820

EUR / USD

Commentary : The euro remained highly volatile in previous session and currently stabilizes above $1.0000 mark. Today’s European calendar will remain busy. The pair made intraday high at $1.0054 and low at $1.0010 mark. Today triple EMA on a day chart is down and H1 chart suggests bullish trend for the time being. A consistent close above $1.0050 on H1 chart requires for the upside rally. Alternatively, a sustained close below $0.9996 on H1 chart will check further supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.0050	S1	0.9996
R2	1.0076	S2	0.9972
R3	1.0099	S3	0.9948
R4	1.0122	S4	0.9918
BUY		SELL


Buy Above : 1.0040		Sell Below: 0.9998
– Take Profit : 1.0072		– Take Profit: 0.9962
– Stop Loss : 1.0014		– Stop Loss: 1.0025

GBP / USD

Commentary : The sterling starts a new day on a lower note ahead of U.K.’s Final Manufacturing PMI data and hovers around $1.1570 mark. Today pair made intraday high at $1.1596 and low at $1.1568 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.1596 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1562 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.1596	S1	1.1562
R2	1.1630	S2	1.1530
R3	1.1655	S3	1.1502
R4	1.1678	S4	1.1480
BUY		SELL


Buy Above: 1.1601		Sell Below: 1.1558
– Take Profit: 1.1640		– Take Profit: 1.1510
– Stop Loss: 1.1570		– Stop Loss: 1.1585

USD / CAD

Commentary: The CAD falls gradually against U.S. dollar and remains well supported above 1.150 mark ahead of Canada’s Manufacturing PMI data. Today the pair made intraday high at 1.3171 and low at 1.3118 mark. Today a day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above 1.3182 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.3140 on H1 chart will check key supports too.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.3182	S1	1.3140
R2	1.3199	S2	1.3112
R3	1.3222	S3	1.3101
R4	1.3250	S4	1.3080
BUY		SELL


Buy Above: 1.3176		Sell Below: 1.3140
– Take Profit: 1.3205		– Take Profit: 1.3111
– Stop Loss: 1.3140		– Stop Loss: 1.3162

USD / JPY

Commentary: The Japanese yen falls extremely against U.S. dollar despite robust Capital Spending and Final Manufacturing PMI data and hits lowest level since Sept 1998. The pair made intraday high at 139.68 and low at 138.83 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 139.68 on H1 chart requires for the upside rally. Alternatively, a consistent close below 139.12 on H1 chart will check further key supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	139.68	S1	139.12
R2	139.96	S2	138.82
R3	140.26	S3	138.65
R4	140.58	S4	138.30
BUY		SELL


Buy Above: 139.75		Sell Below: 139.18
– Take Profit: 140.18		– Take Profit: 138.72
– Stop Loss: 139.38		– Stop Loss: 139.58

GOLD

Commentary : Gold starts a new day on a lower note ahead of U.S. Final Manufacturing PMI data and hovers around $1,700 mark. Today the pair made intraday high at $1,711 and low at $1,702 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,712 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,698 on H1 chart will test further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1712	S1	1698
R2	1718	S2	1692
R3	1724	S3	1686
R4	1730	S4	1680
BUY		SELL


Buy Above: 1709		Sell Below: 1700
– Take Profit: 1715		– Take Profit: 1692
– Stop Loss: 1701		– Stop Loss: 1706

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DAILY ANALYSIS REPORT AUGUST 31 2022

TP Global FX Research Team — Wed, 31 Aug 2022 06:51:00 +0000

Posted on

August 31, 2022

.

Time Frame

AUD / USD

Commentary: The Aussie weakened sharply in previous session but recovers noticeably on Wednesday and trading around $0.6880 mark. Today pair made intraday high at $0.6880 and low at $0.6849 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $0.6890 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6850 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.6890	S1	0.6850
R2	0.6912	S2	0.6822
R3	0.6930	S3	0.6801
R4	0.6958	S4	0.6778
BUY		SELL


Buy Above: 0.6892		Sell Below: 0.6850
– Take Profit: 0.6922		– Take Profit: 0.6821
– Stop Loss: 0.6870		– Stop Loss: 0.6876

EUR / USD

Commentary : The euro rises gradually against U.S. dollar and jumps back above $1.0000 mark ahead of Euro Zone’s CPI/Core CPI Flash estimates data. Today the pair made intraday high at $1.0041 and low at $1.0011 mark. Today triple EMA on a day chart is down and H1 chart suggests bullish trend for the time being. A consistent close above $1.0062 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0020 on H1 chart will check further supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.0062	S1	1.0020
R2	1.0090	S2	0.9982
R3	1.0122	S3	0.9965
R4	1.0150	S4	0.9940
BUY		SELL


Buy Above : 1.0052		Sell Below: 1.0010
– Take Profit : 1.0089		– Take Profit: 0.9981
– Stop Loss : 1.0020		– Stop Loss: 1.0038

GBP / USD

Commentary : The sterling trades marginally higher on Wednesday and hovers around $1.1690 mark. U.K.’s Economic Calendar will remain light for the day. Today pair made intraday high at $1.1691 and low at $1.1645 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.1699 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1662 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.1698	S1	1.1662
R2	1.1722	S2	1.1630
R3	1.1750	S3	1.1605
R4	1.1778	S4	1.1585
BUY		SELL


Buy Above: 1.1702		Sell Below: 1.1660
– Take Profit: 1.1738		– Take Profit: 1.1628
– Stop Loss: 1.1672		– Stop Loss: 1.1698

USD / CAD

Commentary: The CAD starts a new day on a higher note ahead of Canada’s GDP data and remains well supported below $1.3100 mark. Today the pair made intraday high at 1.3096 and low at 1.3066 mark. Today a day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above 1.3094 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.3050 on H1 chart will check key supports too.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.3099	S1	1.3050
R2	1.3122	S2	1.3021
R3	1.3150	S3	1.3001
R4	1.3178	S4	1.2965
BUY		SELL


Buy Above: 1.3091		Sell Below: 1.3055
– Take Profit: 1.3122		– Take Profit: 1.3018
– Stop Loss: 1.3058		– Stop Loss: 1.3090

USD / JPY

Commentary: The Japanese yen trades almost flat on Wednesday despite robust Industrial production and Retail Sales data. The pair made intraday high at 138.84 and low at 138.41 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 138.90 on H1 chart requires for the upside rally. Alternatively, a consistent close below 138.40 on H1 chart will check further key supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	138.90	S1	138.20
R2	139.18	S2	137.90
R3	139.40	S3	137.55
R4	139.67	S4	137.21
BUY		SELL


Buy Above: 138.72		Sell Below: 138.38
– Take Profit: 138.99		– Take Profit: 138.10
– Stop Loss: 138.47		– Stop Loss: 138.62

GOLD

Commentary : Gold moves in rigid boundaries ahead of U.S. ADP Employment Change Data and consolidates around $1,722 mark. Today the pair made intraday high at $1,726 and low at $1,720 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,728 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,721 on H1 chart will test further supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1728	S1	1718
R2	1732	S2	1711
R3	1738	S3	1706
R4	1744	S4	1701
BUY		SELL


Buy Above: 1730		Sell Below: 1718
– Take Profit: 1737		– Take Profit: 1711
– Stop Loss: 1726		– Stop Loss: 1724

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DAILY ANALYSIS REPORT AUGUST 30 2022

TP Global FX Research Team — Tue, 30 Aug 2022 04:30:15 +0000

Posted on

August 30, 2022

.

Time Frame

AUD / USD

Commentary: The Aussie remains volatile in early Asian hours and stabilizes below $0.6900 mark. Today pair made intraday high at $0.6916 and low at $0.6873 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $0.6912 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6872 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.6912	S1	0.6872
R2	0.6930	S2	0.6850
R3	0.6958	S3	0.6822
R4	0.6974	S4	0.6801
BUY		SELL


Buy Above: 0.6902		Sell Below: 0.6872
– Take Profit: 0.6925		– Take Profit: 0.6845
– Stop Loss: 0.6878		– Stop Loss: 0.6899

EUR / USD

Commentary : The euro exhibits range bound movement and consolidates around $0.9970 mark. Today the pair made intraday high at $1.0013 and low at $0.9982 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.0015 on H1 chart requires for the upside rally. Alternatively, a sustained close below $0.9982 on H1 chart will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.0015	S1	0.9982
R2	1.0040	S2	0.9965
R3	1.0072	S3	0.9940
R4	1.0098	S4	0.9912
BUY		SELL


Buy Above : 1.0015		Sell Below: 0.9976
– Take Profit : 1.0040		– Take Profit: 0.9940
– Stop Loss : 0.9980		– Stop Loss: 0.9998

GBP / USD

Commentary : The sterling trades almost flat on Tuesday and hovers around $1.1700 mark. U.K.’s Economic Calendar will remain almost empty for the day. Today pair made intraday high at $1.1726 and low at $1.1686 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.1722 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1680 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.1722	S1	1.1680
R2	1.1750	S2	1.1655
R3	1.1778	S3	1.1626
R4	1.1804	S4	1.1604
BUY		SELL


Buy Above: 1.1722		Sell Below: 1.1681
– Take Profit: 1.1752		– Take Profit: 1.1655
– Stop Loss: 1.1690		– Stop Loss: 1.1722

USD / CAD

Commentary: The CAD erases previous gain against U.S. dollar and currently consolidates around $1.3000 mark. Today the pair made intraday high at 1.3026 and low at 1.2996 mark. Today a day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above 1.3030 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2990 on H1 chart will check key supports too.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.3030	S1	1.2990
R2	1.3055	S2	1.2965
R3	1.3072	S3	1.2940
R4	1.3099	S4	1.2910
BUY		SELL


Buy Above: 1.3030		Sell Below: 1.2990
– Take Profit: 1.3055		– Take Profit: 1.2962
– Stop Loss: 1.3002		– Stop Loss: 1.3020

USD / JPY

Commentary: The Japanese yen moves in rigid boundaries but remains well supported above 138.00 mark as Japan releases unemployment rate data with Flat numbers. The pair made intraday high at 138.77 and low at 138.37 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 138.86 on H1 chart requires for the upside rally. Alternatively, a consistent close below 138.20 on H1 chart will check further key supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	138.86	S1	138.20
R2	139.18	S2	137.90
R3	139.40	S3	137.55
R4	139.67	S4	137.21
BUY		SELL


Buy Above: 138.78		Sell Below: 138.11
– Take Profit: 139.12		– Take Profit: 137.75
– Stop Loss: 138.38		– Stop Loss: 138.51

GOLD

Commentary : Gold moves in rigid boundaries on Tuesday and consolidates around $1,737 mark. Today the pair made intraday high at $1,740 and low at $1,733 mark. Today a day chart and H1 chart with triple EMA suggest bearish 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 chart will test further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1742	S1	1732
R2	1748	S2	1726
R3	1754	S3	1721
R4	1760	S4	1716
BUY		SELL


Buy Above: 1740		Sell Below: 1732
– Take Profit: 1747		– Take Profit: 1726
– Stop Loss: 1736		– Stop Loss: 1739

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DAILY ANALYSIS REPORT AUGUST 29 2022

TP Global FX Research Team — Mon, 29 Aug 2022 06:21:41 +0000

Posted on

August 29, 2022

.

Time Frame

AUD / USD

Commentary: The parity opens gap down on Monday and hits lowest level since July 19, 2022. Today pair made intraday high at $0.6885 and low at $0.6848 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $0.6890 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6850 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.6890	S1	0.6838
R2	0.6922	S2	0.6812
R3	0.6950	S3	0.6787
R4	0.6974	S4	0.6762
BUY		SELL


Buy Above: 0.6890		Sell Below: 0.6837
– Take Profit: 0.6930		– Take Profit: 0.6805
– Stop Loss: 0.6855		– Stop Loss: 0.6870

EUR / USD

Commentary : The euro starts a new day on a lower note and hovers around $0.9920 mark. Today the pair made intraday high at $0.9965 and low at $0.9918 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $0.9950 on H1 chart requires for the upside rally. Alternatively, a sustained close below $0.9905 on H1 chart will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.9950	S1	0.9905
R2	0.9978	S2	0.9878
R3	0.9999	S3	0.9847
R4	1.0024	S4	0.9815
BUY		SELL


Buy Above : 0.9950		Sell Below: 0.9905
– Take Profit : 0.9978		– Take Profit: 0.9870
– Stop Loss : 0.9922		– Stop Loss: 0.9940

GBP / USD

Commentary : The sterling depreciates on Monday and hovers around $1.1652 mark. It is the lowest level since March 02, 2020. Today pair made intraday high at $1.1734 and low at $1.1652 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.1687 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1637 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.1690	S1	1.1637
R2	1.1722	S2	1.1602
R3	1.1750	S3	1.1585
R4	1.1778	S4	1.1555
BUY		SELL


Buy Above: 1.1680		Sell Below: 1.1632
– Take Profit: 1.1720		– Take Profit: 1.1590
– Stop Loss: 1.1652		– Stop Loss: 1.1665

USD / CAD

Commentary: The CAD starts a new week on lower note and parity hits highest level since July 15, 2022. Today the pair made intraday high at 1.3073 and low at 1.3030 mark. Today a day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above 1.3084 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.3030 on H1 chart will check key supports too.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.3090	S1	1.3030
R2	1.3122	S2	1.3001
R3	1.3150	S3	1.2978
R4	1.3176	S4	1.2940
BUY		SELL


Buy Above: 1.3090		Sell Below: 1.3050
– Take Profit: 1.3126		– Take Profit: 1.3022
– Stop Loss: 1.3062		– Stop Loss: 1.3078

USD / JPY

Commentary: The Japanese yen falls sharply on Monday and stabilizes above 138.50 mark. The pair made intraday high at 138.67 and low at 137.55 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 138.72 on H1 chart requires for the upside rally. Alternatively, a consistent close below 137.87 on H1 chart will check further key supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	138.72	S1	137.90
R2	138.99	S2	137.62
R3	139.26	S3	137.30
R4	139.54	S4	137.04
BUY		SELL


Buy Above: 138.74		Sell Below: 137.90
– Take Profit: 139.31		– Take Profit: 137.40
– Stop Loss: 138.30		– Stop Loss: 138.30

GOLD

Commentary : Gold weakens extremely after super hawkish tone delivered by Fed Chair Powell at Jackson Hole Symposium. Today the pair made intraday high at $1,738 and low at $1,721 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,730 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,718 on H1 chart will test further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1730	S1	1718
R2	1737	S2	1712
R3	1742	S3	1708
R4	1749	S4	1702
BUY		SELL


Buy Above: 1730		Sell Below: 1718
– Take Profit: 1736		– Take Profit: 1711
– Stop Loss: 1725		– Stop Loss: 1725

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DAILY ANALYSIS REPORT AUGUST 26 2022

TP Global FX Research Team — Fri, 26 Aug 2022 05:30:50 +0000

Posted on

August 26, 2022

.

Time Frame

AUD / USD

Commentary: The Aussie failed to find support above $0.6990 mark and currently hovers around $0.6970 mark. Today pair made intraday high at $0.6982 and low at $0.6953 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.6990 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6950 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.6990	S1	0.6950
R2	0.7012	S2	0.6922
R3	0.7030	S3	0.6901
R4	0.7055	S4	0.6878
BUY		SELL


Buy Above: 0.6990		Sell Below: 0.6955
– Take Profit: 0.7022		– Take Profit: 0.6930
– Stop Loss: 0.6965		– Stop Loss: 0.6981

EUR / USD

Commentary : The euro moves in narrow range ahead of German GFK Consumer Climate Data and consolidates around $0.9970 mark. Today the pair made intraday high at $0.9977 and low at $0.9962 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $0.9980 on H1 chart requires for the upside rally. Alternatively, a sustained close below $0.9955 on H1 chart will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.9980	S1	0.9955
R2	1.0022	S2	0.9930
R3	1.0052	S3	0.9912
R4	1.0078	S4	0.9898
BUY		SELL


Buy Above : 0.9986		Sell Below: 0.9958
– Take Profit : 1.0018		– Take Profit: 0.9930
– Stop Loss : 0.9955		– Stop Loss: 0.9986

GBP / USD

Commentary : The sterling remains almost unchanged on Friday amid empty Economic calendar of the U.K. Today pair made intraday high at $1.1838 and low at $1.1805 mark. Aday chart is down and H1 chart with triple EMA suggests slightly up trend for the time being. A sustained close above $1.1840 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1802 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.1840	S1	1.1802
R2	1.1862	S2	1.1780
R3	1.1878	S3	1.1755
R4	1.1896	S4	1.1721
BUY		SELL


Buy Above: 1.1840		Sell Below: 1.1814
– Take Profit: 1.1872		– Take Profit: 1.1780
– Stop Loss: 1.1805		– Stop Loss: 1.1840

USD / CAD

Commentary: The CAD depreciates on Friday and stabilizes around 1.2950 mark. Today the pair made intraday high at 1.2956 and low at 1.2922 mark. Today a day chart is up and H1 chart with triple EMA suggests bearish trend for the time being. Asustained close above 1.2958 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2922 on H1 chart will check key supports too.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.2958	S1	1.2922
R2	1.2999	S2	1.2901
R3	1.3015	S3	1.2878
R4	1.3042	S4	1.2852
BUY		SELL


Buy Above: 1.2962		Sell Below: 1.2930
– Take Profit: 1.2991		– Take Profit: 1.2899
– Stop Loss: 1.2937		– Stop Loss: 1.2955

USD / JPY

Commentary: The Japanese yen trades marginally lower despite robust Tokyo Core CPI data. The pair made intraday high at 136.79 and low at 136.41 mark. The triple EMAon a day chart is up and H1 chart suggests bearish trend for the time being. Asustained close above 136.90 on H1 chart requires for the upside rally. Alternatively, a consistent close below 136.50 on H1 chart will check further key supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	136.90	S1	136.50
R2	137.12	S2	136.22
R3	137.30	S3	136.01
R4	137.62	S4	135.80
BUY		SELL


Buy Above: 136.90		Sell Below: 136.50
– Take Profit: 137.40		– Take Profit: 136.18
– Stop Loss: 136.60		– Stop Loss: 136.80

GOLD

Commentary : Gold moves in narrow range on Friday and hovers around $1,755 mark ahead of U.S. Personal Income/Spending data and Fed Chair Powell’s Speech. Today the pair made intraday high at $1,758 and low at $1,752 mark. Today a day chart is down and H1 chart with triple EMA suggests bullish trend for the time being. Asustained close above $1,758 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,752 on H1 chart will test further supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1758	S1	1749
R2	1762	S2	1744
R3	1768	S3	1740
R4	1774	S4	1736
BUY		SELL


Buy Above: 1760		Sell Below: 1751
– Take Profit: 1767		– Take Profit: 1744
– Stop Loss: 1754		– Stop Loss: 1758

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DAILY ANALYSIS REPORT AUGUST 25 2022

TP Global FX Research Team — Thu, 25 Aug 2022 05:29:43 +0000

Posted on

August 25, 2022

.

Time Frame

AUD / USD

Commentary: The Aussie starts a new day on a positive note and hovers around $0.6950 mark. Today pair made intraday high at $0.6947 and low at $0.6902 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.6962 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6902 will check further supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.6962	S1	0.6890
R2	0.6986	S2	0.6867
R3	0.7002	S3	0.6850
R4	0.7030	S4	0.6826
BUY		SELL


Buy Above: 0.6962		Sell Below: 0.6901
– Take Profit: 0.6999		– Take Profit: 0.6876
– Stop Loss: 0.6932		– Stop Loss: 0.6924

EUR / USD

Commentary : The euro recovered noticeably during U.S. session and currently hovers around key resistance at $0.9998 mark. Today the pair made intraday high at $0.9992 and low at $0.9963 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $0.9998 on H1 chart requires for the upside rally. Alternatively, a sustained close below $0.9948 on H1 chart will check further supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.9998	S1	0.9948
R2	1.0022	S2	0.9920
R3	1.0052	S3	0.9901
R4	1.0078	S4	0.9881
BUY		SELL


Buy Above : 0.9998		Sell Below: 0.9958
– Take Profit : 1.0030		– Take Profit: 0.9921
– Stop Loss : 0.9970		– Stop Loss: 0.9989

GBP / USD

Commentary : The sterling moves in rigid boundaries amid economic light calendar and trading around $1.1820 mark. Today pair made intraday high at $1.1825 and low at $1.1783 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.1830 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1780 will check further supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.1830	S1	1.1780
R2	1.1856	S2	1.1755
R3	1.1872	S3	1.1721
R4	1.1890	S4	1.1701
BUY		SELL


Buy Above: 1.1830		Sell Below: 1.1780
– Take Profit: 1.1865		– Take Profit: 1.1752
– Stop Loss: 1.1802		– Stop Loss: 1.1806

USD / CAD

Commentary: The CAD starts a new day on a positive note and stabilizes below 1.2950 mark. Today the pair made intraday high at 1.2975 and low at 1.2946 mark. Today a day chart is up and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above 1.2970 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2940 on H1 chart will check key supports too.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.2970	S1	1.2940
R2	1.2999	S2	1.2912
R3	1.3015	S3	1.2900
R4	1.3042	S4	1.2878
BUY		SELL


Buy Above: 1.2972		Sell Below: 1.2940
– Take Profit: 1.2998		– Take Profit: 1.2912
– Stop Loss: 1.2940		– Stop Loss: 1.2968

USD / JPY

Commentary: The Japanese yen enjoys roller coaster movement and currently stabilizes around 136.75 mark. The pair made intraday high at 137.20 and low at 136.58 mark. The triple EMA on a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above 137.12 on H1 chart requires for the upside rally. Alternatively, a consistent close below 136.62 on H1 chart will check further key supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	137.12	S1	136.62
R2	137.30	S2	136.22
R3	137.62	S3	136.01
R4	137.85	S4	135.80
BUY		SELL


Buy Above: 137.05		Sell Below: 136.54
– Take Profit: 137.37		– Take Profit: 136.10
– Stop Loss: 136.72		– Stop Loss: 136.90

GOLD

Commentary : Gold strengthens slightly on Thursday and jumps back above $1,750 mark. Today the pair made intraday high at $1,757 and low at $1,749 mark. Today a day chart is down and H1 chart with triple EMA suggests bullish trend for the time being. A sustained close above $1,762 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,750 on H1 chart will test further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1762	S1	1749
R2	1768	S2	1744
R3	1772	S3	1738
R4	1778	S4	1732
BUY		SELL


Buy Above: 1762		Sell Below: 1752
– Take Profit: 1767		– Take Profit: 1744
– Stop Loss: 1755		– Stop Loss: 1759

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DAILY ANALYSIS REPORT AUGUST 24 2022

TP Global FX Research Team — Wed, 24 Aug 2022 05:15:57 +0000

Posted on

August 24, 2022

.

Time Frame

AUD / USD

Commentary: The Aussie remained highly volatile in previous session and currently hovers around $0.6900 mark. Today pair made intraday high at $0.6931 and low at $0.6894 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.6930 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6890 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.6930	S1	0.6890
R2	0.6954	S2	0.6862
R3	0.6976	S3	0.6838
R4	0.6999	S4	0.6812
BUY		SELL


Buy Above: 0.6930		Sell Below: 0.6890
– Take Profit: 0.6958		– Take Profit: 0.6860
– Stop Loss: 0.6910		– Stop Loss: 0.6922

EUR / USD

Commentary : The euro enjoys roller coaster movement and hovers around $0.9950 mark. Today the pair made intraday high at $0.9973 and low at $0.9942 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $0.9972 on H1 chart requires for the upside rally. Alternatively, a sustained close below $0.9930 on H1 chart will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.9972	S1	0.9930
R2	0.9999	S2	0.9904
R3	1.0022	S3	0.9884
R4	1.0052	S4	0.9860
BUY		SELL


Buy Above : 0.9974		Sell Below: 0.9932
– Take Profit : 0.9999		– Take Profit: 0.9904
– Stop Loss : 0.9949		– Stop Loss: 0.9962

GBP / USD

Commentary : The sterling strengthened sharply in previous session after mixed Flash PMI data and starts a new day on a marginally lower note. Today pair made intraday high at $1.1838 and low at $1.1798 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1.1837 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1790 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.1837	S1	1.1790
R2	1.1856	S2	1.1765
R3	1.1872	S3	1.1740
R4	1.1890	S4	1.1718
BUY		SELL


Buy Above: 1.1830		Sell Below: 1.1790
– Take Profit: 1.1860		– Take Profit: 1.1752
– Stop Loss: 1.1801		– Stop Loss: 1.1822

USD / CAD

Commentary: The CAD rose sharply in previous session and touched $1.2933 mark. Today CAD trades marginally lower and stabilizes above 1.2970 mark. Today the pair made intraday high at 1.2986 and low at 1.2947 mark. Today a day chart is up and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above 1.2992 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2945 on H1 chart will check key supports too.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.2992	S1	1.2945
R2	1.3015	S2	1.2912
R3	1.3040	S3	1.2900
R4	1.3062	S4	1.2878
BUY		SELL


Buy Above: 1.2990		Sell Below: 1.2960
– Take Profit: 1.3020		– Take Profit: 1.2930
– Stop Loss: 1.2971		– Stop Loss: 1.2989

USD / JPY

Commentary: The Japanese yen appreciates sharply in previous session and currently hovers around 136.90 mark. The pair made intraday high at 137.04 and low at 136.60 mark. The triple EMA on a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above 137.05 on H1 chart requires for the upside rally. Alternatively, a consistent close below 136.55 on H1 chart will check further key supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	137.12	S1	136.55
R2	137.30	S2	136.22
R3	137.62	S3	136.01
R4	137.85	S4	135.80
BUY		SELL


Buy Above: 137.05		Sell Below: 136.50
– Take Profit: 137.38		– Take Profit: 136.15
– Stop Loss: 136.72		– Stop Loss: 136.72

GOLD

Commentary : Gold starts a new day on a flat note ahead of U.S. Durable/Core Durable Goods orders data and stabilizes below $1,750 mark. Today the pair made intraday high at $1,747 and low at $1,744 mark. Today a day chart is down and H1 chart with triple EMA suggests bullish trend for the time being. A sustained close above $1,752 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,740 on H1 chart will test further supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1752	S1	1740
R2	1758	S2	1736
R3	1764	S3	1730
R4	1770	S4	1724
BUY		SELL


Buy Above: 1750		Sell Below: 1742
– Take Profit: 1757		– Take Profit: 1736
– Stop Loss: 1745		– Stop Loss: 1749

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DAILY ANALYSIS REPORT AUGUST 23 2022

TP Global FX Research Team — Tue, 23 Aug 2022 06:00:51 +0000

Posted on

August 23, 2022

.

Time Frame

AUD / USD

Commentary: The Aussie trades marginally higher on Tuesday as Australia came up the flash PMI data as per expectations only. Today pair made intraday high at $0.6899 and low at $0.6872 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $0.6912 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6862 will check further supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.6912	S1	0.6862
R2	0.6930	S2	0.6840
R3	0.6954	S3	0.6812
R4	0.6976	S4	0.6782
BUY		SELL


Buy Above: 0.6915		Sell Below: 0.6860
– Take Profit: 0.6952		– Take Profit: 0.6830
– Stop Loss: 0.6881		– Stop Loss: 0.6899

EUR / USD

Commentary : The euro weakened sharply in previous session and currently starts a new day on a flat note at $0.9940 mark. Today the pair made intraday high at $0.9950 and low at $0.9930 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $0.9972 on H1 chart requires for the upside rally. Alternatively, a sustained close below $0.9927 on H1 chart will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.9972	S1	0.9927
R2	0.9999	S2	0.9898
R3	1.0022	S3	0.9865
R4	1.0052	S4	0.9842
BUY		SELL


Buy Above : 0.9960		Sell Below: 0.9921
– Take Profit : 0.9996		– Take Profit: 0.9889
– Stop Loss : 0.9930		– Stop Loss: 0.9952

GBP / USD

Commentary : The sterling moves in rigid boundaries ahead of U.K.’s Flash PMI data scheduled at 0830 GMT. Today pair made intraday high at $1.1785 and low at $1.1756 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1.1790 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1749 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.1790	S1	1.1749
R2	1.1826	S2	1.1721
R3	1.1854	S3	1.1702
R4	1.1878	S4	1.1681
BUY		SELL


Buy Above: 1.1790		Sell Below: 1.1752
– Take Profit: 1.1830		– Take Profit: 1.1712
– Stop Loss: 1.1760		– Stop Loss: 1.1782

USD / CAD

Commentary: The CAD recovers slightly from previous losses and stabilizes below 1.3050 mark. Today the pair made intraday high at 1.3057 and low at 1.3024 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.3050 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.3010 on H1 chart will check key supports too.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.3062	S1	1.3010
R2	1.3090	S2	1.2980
R3	1.3118	S3	1.2950
R4	1.3140	S4	1.2922
BUY		SELL


Buy Above: 1.3052		Sell Below: 1.3010
– Take Profit: 1.3090		– Take Profit: 1.2981
– Stop Loss: 1.3021		– Stop Loss: 1.3040

USD / JPY

Commentary: The Japanese yen remains almost unchanged as Japan released Flash PMI data with flat numbers. The pair made intraday high at 137.70 and low at 137.08 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 137.57 on H1 chart requires for the upside rally. Alternatively, a consistent close below 137.00 on H1 chart will check further key supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	137.72	S1	137.00
R2	137.98	S2	136.80
R3	138.22	S3	136.52
R4	138.50	S4	136.18
BUY		SELL


Buy Above: 137.52		Sell Below: 136.91
– Take Profit: 137.90		– Take Profit: 136.56
– Stop Loss: 137.21		– Stop Loss: 137.21

GOLD

Commentary : Gold trades in narrow range ahead of U.S. Flash PMI data and stabilizes below $1,740 mark. Today the pair made intraday high at $1,740 and low at $1,734 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,742 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,728 on H1 chart will test further supports. U.S. Flash PMI data and Richmond manufacturing Index data will remain in focus.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1742	S1	1728
R2	1749	S2	1721
R3	1754	S3	1716
R4	1760	S4	1711
BUY		SELL


Buy Above: 1742		Sell Below: 1732
– Take Profit: 1749		– Take Profit: 1725
– Stop Loss: 1736		– Stop Loss: 1738

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DAILY ANALYSIS REPORT AUGUST 22 2022

TP Global FX Research Team — Mon, 22 Aug 2022 05:06:18 +0000

Posted on

August 22, 2022

.

Time Frame

AUD / USD

Commentary: The Aussie recovers slightly in early Asia and hovers around $0.6900 mark ahead of Australia’s Flash PMI data due tomorrow. Today pair made intraday high at $0.6906 and low at $0.6867 mark. A day chart and H1 chart with triple EMA suggest a bearish trend for the time being. A sustained close above $0.6928 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6862 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	0.6928	S1	0.6862
R2	0.6950	S2	0.6840
R3	0.6976	S3	0.6812
R4	0.7002	S4	0.6782
BUY		SELL


Buy Above: 0.6922		Sell Below: 0.6872
– Take Profit: 0.6950		– Take Profit: 0.6837
– Stop Loss: 0.6898		– Stop Loss: 0.6899

EUR / USD

Commentary : The euro trades almost flat on Monday and stabilizes around $1.0041 mark. Today the pair made intraday high at $1.0046 and low at $1.0023 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.0067 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0021 on H1 chart will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.0067	S1	1.0021
R2	1.0090	S2	0.9998
R3	1.0122	S3	0.9962
R4	1.0150	S4	0.9940
BUY		SELL


Buy Above : 1.0067		Sell Below: 1.0021
– Take Profit : 1.0099		– Take Profit: 0.9990
– Stop Loss : 1.0040		– Stop Loss: 1.0050

GBP / USD

Commentary : The sterling took a halt around $1.1790 mark and currently stabilizes around $1.1830 mark. Today pair made intraday high at $1.1836 and low at $1.1805 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1.1850 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1802 will check further supports.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.1850	S1	1.1802
R2	1.1872	S2	1.1778
R3	1.1899	S3	1.1740
R4	1.1926	S4	1.1712
BUY		SELL


Buy Above: 1.1850		Sell Below: 1.1802
– Take Profit: 1.1882		– Take Profit: 1.1772
– Stop Loss: 1.1815		– Stop Loss: 1.1830

USD / CAD

Commentary: The CAD enjoys roller coaster movement ahead of New Housing Price Index data and currently hovers around 1.3000 mark. Today the pair made intraday high at 1.3005 and low at 1.2982 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.3005 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2975 on H1 chart will check key supports too.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1.3005	S1	1.2975
R2	1.3022	S2	1.2930
R3	1.3055	S3	1.2912
R4	1.3072	S4	1.2900
BUY		SELL


Buy Above: 1.3005		Sell Below: 1.2972
– Take Profit: 1.3031		– Take Profit: 1.2938
– Stop Loss: 1.2982		– Stop Loss: 1.3000

USD / JPY

Commentary: The Japanese yen starts a new week on a lower note and stabilizes back above 137.00 mark. The pair made intraday high at 137.43 and low at 136.82 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 137.40 on H1 chart requires for the upside rally. Alternatively, a consistent close below 136.80 on H1 chart will check further key supports.
Indicators		H1
Trends		Up Trend
Moving Average (Period=75)		Above MA
RSI (Period=26)		Above RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	137.55	S1	136.80
R2	137.87	S2	136.52
R3	138.12	S3	136.18
R4	138.38	S4	135.98
BUY		SELL


Buy Above: 137.40		Sell Below: 136.90
– Take Profit: 137.72		– Take Profit: 136.57
– Stop Loss: 137.05		– Stop Loss: 137.22

GOLD

Commentary : Gold trades slightly lower on Monday and remains well supported below $1,750 mark. Today the pair made intraday high at $1,749 and low at $1,744 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,752 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,742 on H1 chart will test further supports. U.S. Economic Calendar will remain empty for the day.
Indicators		H1
Trends		Down Trend
Moving Average (Period=75)		Below MA
RSI (Period=26)		Below RSI LEVEL 50
FIBO Levels	PIVOT		–
R1	1752	S1	1742
R2	1758	S2	1737
R3	1762	S3	1732
R4	1767	S4	1726
BUY		SELL


Buy Above: 1750		Sell Below: 1744
– Take Profit: 1756		– Take Profit: 1736
– Stop Loss: 1744		– Stop Loss: 1749

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