Diese Präsentation wurde erfolgreich gemeldet.
Wir verwenden Ihre LinkedIn Profilangaben und Informationen zu Ihren Aktivitäten, um Anzeigen zu personalisieren und Ihnen relevantere Inhalte anzuzeigen. Sie können Ihre Anzeigeneinstellungen jederzeit ändern.

Daily Analysis Report February 24, 2021

Daily Analysis Report February 24, 2021

  • Als Erste(r) kommentieren

  • Gehören Sie zu den Ersten, denen das gefällt!

Daily Analysis Report February 24, 2021

  1. 1. +1 7754 366 970 analysis@tpglobalfx.com R E P O R T F R O M : T P G LO B A L F X 24 February, 2021 Daily Analysis Report
  2. 2. +1 7754 366 970 analysis@tpglobalfx.com Asian Bulle n: Kiwi spikes up sharply as RBNZ stands pat, keeps interest rate unchanged; most Asian stock markets in red; gold slightly up Key Headlines: • RBNZ keeps interest rate unchanged at 0.25 pct. • RBNZ Governor Adrian Orr - Infla on and employment will remain below its targets in the medium term. • RBNZ Governor Adrian Orr - Want to retain all s mulus op ons, 'aware' of rise in global bond yields. • RBNZ Governor Adrian Orr - If monetary condi ons ghten too much we can alter se ngs, the OCR can go lower. • U.S. Fed Reserve Chair Jerome Powell - Interest rates will remain low and the Fed will keep buying bonds to support the U.S. economy. • U.S. Fed Reserve Chair Jerome Powell - S ll a long way to go to full recovery. • U.S. Fed Reserve Chair Jerome Powell - Most important for economy now is vaccina ng. • U.S. Fed Reserve Chair Jerome Powell - Will not commit to any fed decision on bank dividend restric ons. • U.S. Fed Reserve Chair Jerome Powell – Likely to keep Monetary Policy accommoda ve. • U.S. and Canada President showed readiness to work together to counteract Chinese influence and address climate change. • U.S. President Joe Biden and Iraqi Prime Minister Mustafa Al-Kadhimi discussed recent rocket a acks on Iraq; agreed those responsible “must be held fully to account – White House. • Japan PM Taro Aso - The country will likely be forced to keep issuing deficit-covering bonds at least un l 2025. • Bitcoin erased previous gain from historical high of $58,354 to $44,845. • Australia construc on work done stands at -0.9 pct vs -1.8 pct previous release (expected). • Australia wage price index stands at 0.6 pct vs 0.1 pct previous release (expected 0.3). • South Korea manufacturing BSI index stands at 83 vs 84 previous release. Economic Data Ahead: • (0700 GMT/1230 IST) German final GDP, previous 0.1, expected 0.1. • (1330 GMT/1900 IST) Canada corporate profit, previous 44.9. • (1500 GMT/2030 IST) U.S. New home sales, previous 842K, expected 853K. Economic Events Ahead: • (1200 GMT/1730 IST) U.K. MPC member Haldane speaks. • (1430 GMT/2000 IST) U.K. Monetary Policy Report Hearings. • (1500 GMT/2030 IST) Fed Chair Powell’s Tes mony. • (1530 GMT/2100 IST) U.S. FOMC member Brainard speaks. • (1800 GMT/2330 IST) U.S. FOMC member Clarida speaks. Major FX Pair Trend: USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.07% to 90.11 points.
  3. 3. AUD / USD BUY SELL R E P O R T F R O M : T P G LO B A L F X FEBRUARY, 2 021 Technical Summary Trends Up Trend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 0.7940 R2 S2 0.7988 R3 S3 0.8038 R4 Commentary S4 0.8056 Buy Above 0.79420 0.79702 0.79192 – Take Profit – Stop Loss Trade Idea Sell Below 0.78834 0.78294 0.79373 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 AUD/USD: The Aussie remains slightly volatile after mixed economic data released in early Asian hours. The pair made intraday high at $0.7945 mark, and low at $0.7902 mark. It is the highest level since Feb 2018. On a day chart, triple EMA signals bullish trend while on H1 chart despite uptrend, some lower side correction has been observed. The expected range for the parity will be $0.7889 to $0.7940 mark. A sustained close of either side on H1 chart will provide further direction to the parity. 0.7889 0.7842 0.7799 0.7740
  4. 4. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary H 1 FIBO Levels PIVOT R1 S1 1.2205 R2 S2 1.2264 R3 S3 1.2323 R4 Commentary S4 1.2352 +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 EUR/USD: The euro moves in stiff boundaries on Wednesday and stabilizes around $1.2150 mark. The triple EMA on H1 and a Day chart confirm the bullish trend only. Current downside movement is short term trend correction only. The likely range for the parity will be $1.2175 to $1.2136 mark. A sustained close of either side on H1 chart will provide further direction to the parity. EUR / USD 1.2136 1.2090 1.2020 1.1961 FEBRUARY, 2 021 Buy Above 1.21670 1.21918 1.21432 – Take Profit – Stop Loss Trade Idea Sell Below 1.21347 1.21083 1.21634 – Take Profit – Stop Loss Trade Idea Trends Up Trend Moving Average (Period=75) Above MA RSI (Period=26) Above RSI LEVEL 50
  5. 5. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary Trends Up Trend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1.4248 R2 S2 1.4286 R3 S3 1.4345 R4 Commentary S4 1.4371 Buy Above 1.41853 1.42336 1.41417 – Take Profit – Stop Loss Trade Idea Sell Below 1.41198 1.40741 1.41643 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 GBP/USD: The sterling soars and touches $1.4241 mark in Asian hours. It is the highest level since April 2018. Today U.K.’s Monetary Policy Report Hearing is due to release at 1430 GMT, which will provide further path of the parity. The expected range for the parity will be $1.4278 to $1.4064 mark. A consistent close of either side will give future directions to the parity. Here the triple EMA and RSI give bullish trend confirmation for the time being. USD 1.4064 1.4030 1.3989 1.3951 FEBRUARY, 2 021 GBP/
  6. 6. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary Trends Down Trend Moving Average (Period=75) Below MA H 1 RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1.2610 R2 S2 1.2642 R3 S3 1.2674 R4 Commentary S4 1.2730 Buy Above 1.26009 1.26348 1.25677 – Take Profit – Stop Loss Trade Idea Sell Below 1.25509 1.25146 1.25930 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/CAD: The Canadian dollar remains slightly volatile on Wednesday and stabilizes below 1.26 mark. The long and short run technical tools still suggest downside pressure only. A sustained close above 1.2610 on H1 will drag the parity up towards further resistances. Alternatively, a consistent close below 1.2580 on a day chart requires for the downside rally. USD /CAD 1.2544 1.2527 1.2495 1.2411 FEBRUARY, 2 021
  7. 7. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary Trends Up Trend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 105.55 R2 S2 105.92 R3 S3 106.38 R4 Commentary S4 106.78 Buy Above 105.626 105.822 105.419 – Take Profit – Stop Loss Trade Idea Sell Below 105.227 104.996 105.481 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/JPY: The Japanese yen depreciates on Wednesday and hovers around 105.50 mark. The pair rejects key support at 104.92 mark and took reversal from there. The triple EMA on a day and H1 chart confirm the bullish trend for the time being. A sustained close above 105.55 on H1 chart requires for the upside rally. Alternatively, reversal from key resistance will drag the parity down below 105.00 mark. USD /JPY 104.92 104.55 104.20 103.76 FEBRUARY, 2 021
  8. 8. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary Trends Up Trend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1822 R2 S2 1827 R3 S3 1832 R4 Commentary S4 1840 Buy Above 1815.07 1824.02 1805.75 – Take Profit – Stop Loss Trade Idea Sell Below 1804.02 1797.43 1811.71 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 XAU/USD (GOLD): Gold moves in stiff boundaries and remains well supported above $1,800 mark. The Fed Chair Powell’s testimony failed to bring extreme volatility in the gold. Today will be the 2nd day of the testimony. On H1 chart, parity confirms the bullish trend while on a day chart still downside pressure is likely. The pair made intraday high at $1,813 and low at $1,804 mark. A sustained close above $1,815 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,798 will check further supports. XAU [GOLD] USD / 1802 1794 1787 1778 FEBRUARY, 2 021
  9. 9. Thank you! Info@tpglobalfx.com www.tpglobalfx.com R E P O R T F R O M : T P G L O B A L F X /tpglobalfx /tpglobalfx /tpglobalfx /tpglobalfx that even knowledgeable and well-experienced investors can experience large potential losses as a result of trading in Forex and CFDs. Consequently, investors should be fully aware of all the risks involved when trading Forex and CFDs and accept all the negative consequences associated with such trading. Please always remember that trading in Forex and CFDs might not be suitable for all investors. It is desirable investors who would consider trading, to do so only with money that they can afford to lose. You are also recommended to seek independent financial advice if necessary. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. Apple, the Apple logo, iPod, iPad, iPod touch, and iTunes are trademarks of Apple Inc, registered in the US and other countries. IPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc. This site is run and operated by – TP Global Services Limited registered by FSA, St. Vincent and the Grenadines with Number 25274 BC 2019 TP Global Services Limited does not offer its services to residents of certain jurisdictions such as USA, and British Columbia. Disclamer: Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note

×