DAILY ANALYSIS REPORT JANUARY 11 2022

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
11 January 2022
Daily Analysis Report

2. +1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: Aussie rises on robust Retail Sales Data, Asian stock markets mixed, gold stabilizes above $1,800 mark ahead of U.S. Fed Chair Powell’s Tes mony
Key Headlines:
• U.K. Retail Sales Monitor stands at 0.6 pct vs 1.8 pct previous release.
• Australia Retail Sales stands at 7.3 pct vs 4.9 pct previous release.
• Australia Trade Balance stands at 9.42B vs 10.78B previous release.
• Some of Wall Street's biggest banks now expect four U.S. interest increases this year star ng in March, a more aggressive call than a week ago even as the
situa on remains fluid given the possibility that the supply shock to the economy could ease and consumer prices could stabilize – Reuters.
• India has agreed to allow imports of U.S. pork and pork products into India, removing a longstanding barrier to U.S. agricultural trade, U.S. Trade
Representa ve Katherine Tai and Agriculture Secretary Tom Vilsack said – Reuters.
• Federal Reserve Chair Jerome Powell pledged "to prevent higher infla on from becoming entrenched" in comments prepared for delivery at a congressional
hearing on Tuesday where the high pace of price increases is likely to be a central topic – Reuters.
• U.S. stocks ended down but well off their lows of the day, with the Nasdaq staging a furious comeback late in the session as some investors appeared to be
hun ng for bargains even as they worried about rising interest rates – Reuters.
• Tesla Inc on Monday said it has signed its first U.S. supply deal for nickel, choosing Talon Metals Corp's Tamarack mine project in Minnesota because of plans
to make the electric vehicle ba ery metal using a process it considers more environmentally friendly – Reuters.
• The Interna onal Monetary Fund said on Monday it has appointed French-born University of California-Berkeley economist Pierre-Olivier Gourinchas as the
Fund's next chief economist, replacing Gita Gopinath, who is joining the IMF management team this month – Reuters.
• From delayed ambulances to police shortages, Canadian public agencies hit hard by COVID-19 worker absences have cut back on service, rearranged staff or
warned the public that emergency responses may be disrupted – Reuters.
• Pfizer Inc Chief Execu ve Albert Bourla said on Monday that moving toward a redesigned COVID-19 vaccine that is specifically targeted to combat the Omicron
variant of the coronavirus is the "most likely scenario." – Reuters.
• White House spokesperson Jen Psaki said Americans should be able to order free, rapid COVID tests through a federal web site later this month – Reuters.
• The small number of Italians who refuse to be vaccinated against COVID-19 are largely responsible for the con nued health crisis, Prime Minister Mario Draghi
said on Monday – Reuters.
• The number of people in hospital with COVID-19 in France rose by 767 to 22,749 on Monday, the biggest increase since April 2021 as a runaway Omicron
infec on rate boosted hospitaliza ons – Reuters.
• Chile, one of the world's fastest movers on COVID-19 vaccines, started its campaign to give fourth doses on Monday to immunocompromised people, a
regional first, as infec ons rise driven by the fast spread of the Omicron variant – Reuters.
Economic Data Ahead:
• (0900 GMT/1430 IST) Italy Retail Sales, previous 0.1, expected 0.3.
• (1100 GMT/1630 IST) U.S. NFIB Small business Index, previous 98.4, expected 98.6.
Economic Events Ahead:
• (1500 GMT/2030 IST) U.S. Fed Chair Powell’s Tes mony.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.14% to 95.86 points.

3. AUD / USD
BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
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 0.7202
0.7228
0.7180
– Take Profit
– Stop Loss
Trade Idea
Sell Below 0.7170
0.7140
0.7191
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
AUD/USD: The Aussie appreciates on Tuesday after robust Retail Sales data and hovers around
$0.7190 mark. Today pair made intraday high at $0.7190 and low at $0.7167 mark. A day 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 $0.7157 will
check further supports.
0.7157
0.7126
0.7097
0.7070

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
1.1350
R2 S2
1.1384
R3 S3
1.1410
R4
Commentary
S4
1.1438
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
EUR/USD: The Euro exhibits range bound movement and consolidates around $1.1315 mark. The
pair made intraday high at $1.1343 and low at $1.1320 mark. Today triple EMAon a day chart is down
and H1 chart suggests up trend for the time being. A consistent close above $1.1350 on H1 chart
requires for the upside rally. Alternatively, a sustained close below $1.1320 on H1 chart will check
further supports.
EUR / USD
1.1315
1.1280
1.1254
1.1227
Buy Above 1.1350
1.1376
1.1333
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.1327
1.1302
1.1347
– 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
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
1.3610
R2 S2
1.3637
R3 S3
1.3662
R4
Commentary
S4
1.3684
Buy Above 1.3602
1.3627
1.3580
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.3572
1.3538
1.3596
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
GBP/USD:The sterling strengthens sharply after robust BRC Retail sales Monitor results and hovers
around $1.3600 mark. Today pair made intraday high at $1.3597 and low at $1.3565 mark. A day
chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above
$1.3610 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3570 will
check further supports.
USD
1.3570
1.3554
1.3522
1.3500
GBP/
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
JANUARY,
2022

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
1.2675
R2 S2
1.2700
R3 S3
1.2723
R4
Commentary
S4
1.2754
Buy Above 1.2670
1.2694
1.2651
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2637
1.2611
1.2662
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/CAD: The CAD trades marginally higher on Tuesday and hovers around 1.2650 mark. Pair
made intraday high at 1.2676 to 1.2644 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 1.2640 on H1 chart will check key supports too.
USD /CAD
1.2640
1.2610
1.2582
1.2565
JANUARY,
2022

7. BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Technical Summary
Trend Down Trend
Moving Average (Period=75) Below MA
H 1
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
115.47
R2 S2
115.75
R3 S3
116.00
R4
Commentary
S4
116.30
Buy Above 115.47
115.70
115.22
– Take Profit
– Stop Loss
Trade Idea
Sell Below 115.12
114.89
115.30
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/JPY: The Japanese yen falls gradually against U.S. dollar and stabilizes above 115.00 mark.
The pair made intraday high at 115.38 and low at 115.15 mark. The triple EMAon a day chart is up and
H1 chart suggests bearish trend for the time being. A sustained close above 115.47 on H1 chart
requires for the upside rally. Alternatively, a consistent close below 115.09 on H1 chart will check
further key supports.
USD /JPY
115.09
114.90
114.62
114.30
JANUARY,
2022

8. BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Technical Summary
Trend Down Trend
Moving Average (Period=75) Below MA
H 1
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
1808
R2 S2
1814
R3 S3
1820
R4
Commentary
S4
1824
Buy Above 1808
1814
1804
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1800
1795
1804
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
XAU/USD (GOLD): The gold starts a new day on a positive note ahead of Fed Chair Powell’s
Testimony and remains well supported above $1,800 mark. Today pair made intraday high at $1,807
and low at $1,800 mark.Atriple EMAon a day chart and H1 chart suggest up trend for the time being.A
sustained close above $1,808 on H1 chart requires for the upside rally. Alternatively, a consistent
close below $1,798 will check further supports. U.S. calendar is empty for the day.
XAU [GOLD]
USD
/
1798
1792
1786
1781
JANUARY,
2022

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