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10 January 2022
Daily Analysis Report
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Asian Bulle n: U.S. dollar starts a new week on a posi ve note; U.S. Calendar will remain almost empty for the day, Asian stock markets in green, gold hovers around
$1,790 mark
Key Headlines:
• Australia MI infla on gauge stands at 0.2 pct vs 0.3 pct previous release.
• Australia Building approvals stand at 3.6 pct vs -13.6 pct previous release.
• The United States has administered over 519.3 million doses of COVID-19 vaccines in the country as of Sunday morning, according to the U.S. Centers for
Disease Control and Preven on (CDC) – Reuters.
• Germany will study how reliable rapid an gen tests are in detec ng the fast-spreading Omicron variant of COVID-19, Health Minister Karl Lauterbach said on
Sunday – Reuters.
• Italy will receive around 40,000 doses of Merck & Co's COVID-19 an viral drug next week, which will add to nearly 12,000 already distributed to hospitals, the
special COVID-19 commissioner said on Sunday – Reuters.
• Reducing the self-isola on period for people who test posi ve for COVID-19 from seven days to five would help Bri sh employers that have been hard hit by
absences, educa on minister Nadhim Zahawi said on Sunday – Reuters.
• Israel sought on Sunday to ease access to home COVID-19 tests a er a decision to allow most vaccinated people to use the kits to decide whether or not to
quaran ne led to shortages in shops and complaints about high prices – Reuters.
• India reported 159,632 new COVID-19 cases on Sunday, as the Omicron variant of the coronavirus con nues to spread rapidly in the country, nudging several
state governments to impose fresh restric ons – Reuters.
• Australia’s reliance on China will be tested in the next six months – AU News Sources.
• Sunak’s tax hikes and soaring infla on to deliver £1,660 pay cut for UK workers – U.K. News Sources.
• The United States and its allies are discussing possible trade restric ons against Russia - Source familiar with situa on.
• The United States is considering limi ng the transfer of technology to Russia - Source familiar with situa on.
Economic Data Ahead:
• (0900 GMT/1430 IST) Italy Unemployment Rate, previous 9.4, expected 9.3.
• (0930 GMT/1500 IST) Euro Sen x’s Investor Confidence, previous 13.5, expected 12.6.
• (1000 GMT/1530 IST) Euro Unemployment Rate, Previous 7.3, expected 7.2.
• (1500 GMT/2030 IST) U.S. Final Wholesale Inventories, previous 1.2, expected 1.2.
Economic Events Ahead:
• No key events scheduled for the day.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.08% to 95.79 points.
3. AUD / USD
BUY SELL
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JANUARY,
2022
Technical Summary
Trend Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
0.7199
R2 S2
0.7226
R3 S3
0.7250
R4
Commentary
S4
0.7272
Buy Above 0.7199
0.7226
0.7171
– Take Profit
– Stop Loss
Trade Idea
Sell Below 0.7168
0.7140
0.7190
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
AUD/USD: TheAussie rises on Monday after robust BuildingApproval results and hovers around key
resistance at $0.7190 mark. Today pair made intraday high at $0.7197 and low at $0.7168 mark.Aday
chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close
above $0.7199 on H1 chart requires for the upside rally. Alternatively, a consistent close below
$0.7170 will check further supports.
0.7170
0.7150
0.7127
0.7097
4. BUY SELL
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Technical Summary H 1
FIBO Levels PIVOT
R1 S1
1.1362
R2 S2
1.1384
R3 S3
1.1410
R4
Commentary
S4
1.1438
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-
Time Frame: H1
EUR/USD: The Euro trades marginally lower in early Asia and stabilizes below $1.1360 mark ahead
of Euro’s Unemployment rate data. The pair made intraday high at $1.1360 and low at $1.1338 mark.
Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A
consistent close above $1.1362 on H1 chart requires for the upside rally. Alternatively, a sustained
close below $1.1330 on H1 chart will check further supports.
EUR / USD
1.1330
1.1312
1.1280
1.1254
Buy Above 1.1354
1.1376
1.1332
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.1327
1.1302
1.1348
– Take Profit
– Stop Loss
Trade Idea
Trends Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
JANUARY,
2022
5. BUY SELL
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Technical Summary
H 1
FIBO Levels PIVOT
R1 S1
1.3595
R2 S2
1.3618
R3 S3
1.3637
R4
Commentary
S4
1.3650
Buy Above 1.3598
1.3630
1.3570
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.3562
1.3530
1.3590
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
GBP/USD: The sterling trades flat on Monday and hovers around $1.3590 mark. Today pair made
intraday high at $1.3597 and low at $1.3571 mark. A day chart and H1 chart with triple EMA suggest
up trend for the time being. A sustained close above $1.3595 on H1 chart will check key resistances.
Alternatively, a consistent close below $1.3572 will check further supports.
USD
1.3554
1.3522
1.3500
1.3480
GBP/
Trends Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
JANUARY,
2022
6. BUY SELL
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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
1.2658
R2 S2
1.2675
R3 S3
1.2700
R4
Commentary
S4
1.2723
Buy Above 1.2660
1.2687
1.2632
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2630
1.2602
1.2655
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/CAD: The CAD exhibits range bound movement as Economic Calendar is empty for the Canada
today. Pair made intraday high at 1.2656 to 1.2634 mark. Today a day chart is up and H1 chart with
triple EMA suggests down trend for the time being. A sustained close above 1.2675 on H1 chart
requires for the upside rally. Alternatively, a consistent close below 1.2630 on H1 chart will check key
supports too.
USD /CAD
1.2630
1.2605
1.2582
1.2565
JANUARY,
2022
7. BUY SELL
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Technical Summary
Trend Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
115.75
R2 S2
116.00
R3 S3
116.30
R4
Commentary
S4
116.67
Buy Above 115.80
116.10
115.58
– Take Profit
– Stop Loss
Trade Idea
Sell Below 115.47
115.12
115.70
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/JPY: The Japanese yen trades marginally lower on Monday and remains well supported above
115.50 mark. The pair made intraday high at 115.69 and low at 115.47 mark. The triple EMA on a day
chart is up and H1 chart suggests bearish trend for the time being.Asustained close above 115.75 on
H1 chart requires for the upside rally. Alternatively, a consistent close below 115.47 on H1 chart will
check further key supports.
USD /JPY
115.47
115.26
115.00
114.76
JANUARY,
2022
8. BUY SELL
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Technical Summary
Trend Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
1796
R2 S2
1802
R3 S3
1808
R4
Commentary
S4
1814
Buy Above 1796
1804
1791
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1785
1780
1789
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
XAU/USD (GOLD): The gold depreciates in earlyAsian hours and hovers around $1,790 mark. Today
pair made intraday high at $1,796 and low at $1,790 mark. A triple EMA on a day chart is up and H1
chart suggests down trend for the time being.Asustained close above $1,796 on H1 chart requires for
the upside rally. Alternatively, a consistent close below $1,786 will check further supports. U.S.
calendar is empty for the day.
XAU [GOLD]
USD
/
1784
1778
1772
1767
JANUARY,
2022
9. Thank
you!
Info@tpglobalfx.com
www.tpglobalfx.com
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