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
27 January 2022
Daily Analysis Report
2. +1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: U.S. dollar strengthens sharply against major peers a er hawkish U.S. FOMC Statement, Asian stock markets in red, gold stabilizes below $1,820 mark
Key Headlines:
• U.S. FOMC Funds Rate stays unchanged at 0.25 pct.
• New Zealand CPI q/q stands at 1.4 pct vs 2.2 pct previous release.
• Australia MI leading Index stands at 0.0 pct vs 0.2 pct previous release.
• Australia Import Prices q/q stands at 5.8 pct vs 5.4 pct previous release.
• The Federal Reserve on Wednesday signaled it is likely to raise U.S. interest rates in March and reaffirmed plans to end its bond purchases that month as well
before launching what was characterized as a significant reduc on in its asset holdings – Reuters.
• Top U.S. oil-producing states are trying to wrest oversight of carbon capture wells from federal regulators, hoping to speed the oil industry's preferred
approach to comba ng climate warming amid calls for limits on fossil fuel produc on – Reuters.
• Prominent U.S. business leaders expressed support for key parts of President Joe Biden's proposed $1.75 trillion spending bill on climate and social programs
even as it faces an uncertain future in Congress – Reuters.
• Cryptocurrency exchange FTX US said on Wednesday it was valued at $8 billion a er raising $400 million in its first funding round from investors including
Japan's So Bank Group Corp and Singapore's Temasek Holdings (TEM.UL) – Reuters.
• Brazil reported on Wednesday 224,567 new cases of coronavirus in the past 24 hours, breaking the country's previous record for daily infec ons, according to
data released by the health ministry – Reuters.
• The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has
yet to be cer fied by peer review – Reuters.
• Israel on Wednesday broadened eligibility for a fourth dose of COVID-19 vaccine to include adults under 60 with underlying medical condi ons, their
caretakers, and others over 18 at significant risk of exposure to the coronavirus – Reuters.
• Italy will ease COVID-19 restric ons for all visitors from European Union countries star ng from Feb.1, the health ministry said on Wednesday – Reuters.
• U.S. ci es and coun es have embraced a proposed se lement worth up to $26 billion resolving lawsuits alleging three large drug distributors and drugmaker
Johnson & Johnson fueled the U.S. opioid epidemic, a lead nego ator of the deal said on Wednesday, increasing the odds that it will move forward – Reuters.
• The BA.2 subvariant of the Omicron coronavirus variant, which is dominant in Denmark, appears more contagious than the more common BA.1 sub-lineage,
Danish Health Minister Magnus Heunicke said on Wednesday in a na onal address – Reuters.
Economic Data Ahead:
• (0700 GMT/1230 IST) Swiss Trade Balance, previous 6.16B, expected 5.23B.
• (0700 GMT/1230 IST) German GFK Consumer Climate, previous -6.8, expected -7.9.
• (0800 GMT/1330 IST) Spain Unemployment Rate, previous 14.6, expected 14.2.
• (1100 GMT/1630 IST) U.K. CBI Realized Sales, previous 8, expected 11.
• (1330 GMT/1900 IST) U.S. Advance GDP q/q, previous 2.3, expected 5.3.
• (1330 GMT/1900 IST) U.S. Durable Goods orders, previous 2.6, expected -0.6.
• (1330 GMT/1900 IST) U.S. Core Durable Goods orders, previous 0.9, expected 0.4.
• (1330 GMT/1900 IST) U.S. Unemployment Claims Weekly, previous 286K, expected 260K.
• (1500 GMT/2030 IST) U.S. pending Home Sales, previous -2.2, expected -0.9.
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 0.68% to 96.60 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 Down Trend
Moving Average (Period=75) Below MA
H 1
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
0.7121
R2 S2
0.7140
R3 S3
0.7172
R4
Commentary
S4
0.7199
Buy Above 0.7122
0.7150
0.7090
– Take Profit
– Stop Loss
Trade Idea
Sell Below 0.7070
0.7038
0.7102
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
AUD/USD: The Aussie weakens sharply and slips below $0.7100 mark. Today pair made intraday
high at $0.7121 and low at $0.7072 mark. A day chart and H1 chart with triple EMA suggest bearish
trend for the time being. A sustained close above $0.7121 on H1 chart requires for the upside rally.
Alternatively, a consistent close below $0.7070 will check further supports.
0.7070
0.7050
0.7020
0.7002
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
1.1255
R2 S2
1.1278
R3 S3
1.1299
R4
Commentary
S4
1.1326
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
EUR/USD: The Euro continues to trade lower and hits lowest level since Nov 26, 2021 mark. The pair
made intraday high at $1.1243 and low at $1.1221 mark. Today triple EMAon a day chart and H1 chart
suggest bearish trend for the time being. A consistent close above $1.1255 on H1 chart requires for
the upside rally. Alternatively, a sustained close below $1.1200 on H1 chart will check further
supports.
EUR / USD
1.1200
1.1176
1.1150
1.1115
Buy Above 1.1240
1.1265
1.1220
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.1209
1.1178
1.1232
– 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
1.3470
R2 S2
1.3499
R3 S3
1.3522
R4
Commentary
S4
1.3550
Buy Above 1.3455
1.3480
1.3430
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.3422
1.3395
1.3450
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
GBP/USD: The sterling falls gradually against U.S. dollar and trading around $1.3450 mark. Today
pair made intraday high at $1.3467 and low at $1.3432 mark.Aday chart is up and H1 chart with triple
EMAsuggests down trend for the time being.Asustained close above $1.3470 on H1 chart will check
key resistances.Alternatively, a consistent close below $1.3430 will check further supports.
USD
1.3430
1.3400
1.3382
1.3357
GBP/
Trends Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below 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 Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
1.2715
R2 S2
1.2740
R3 S3
1.2762
R4
Commentary
S4
1.2786
Buy Above 1.2715
1.2752
1.2680
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2678
1.2640
1.2702
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/CAD: The CAD reverses previous gain against U.S. dollar after BoC’s dovish Monetary Policy
and jumps back above 1.2700 mark. Pair made intraday high at 1.2710 and low at 1.2656 mark.Today
a day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained
close above 1.2715 on H1 chart requires for the upside rally. Alternatively, a consistent close below
1.2655 on H1 chart will check key supports too.
USD /CAD
1.2655
1.2630
1.2600
1.2580
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 Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
114.90
R2 S2
115.22
R3 S3
115.40
R4
Commentary
S4
115.78
Buy Above 114.80
115.05
114.55
– Take Profit
– Stop Loss
Trade Idea
Sell Below 114.38
114.10
114.70
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/JPY: The Japanese yen depreciates sharply and remains well supported above 114.50 mark.
The pair made intraday high at 114.78 and low at 114.47 mark. The triple EMA on a day chart and H1
chart suggest up trend for the time being.Asustained close above 114.72 on H1 chart requires for the
upside rally.Alternatively, a consistent close below 114.50 on H1 chart will check further key supports.
USD /JPY
114.30
114.02
113.80
113.65
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
1826
R2 S2
1832
R3 S3
1838
R4
Commentary
S4
1842
Buy Above 1818
1823
1814
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1812
1805
1818
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
XAU/USD (GOLD): The gold spikes down sharply after hawkish FOMC and touches $1,813 mark in
earlyAsian hours. Today pair made intraday high at $1,822 and low at $1,813 mark.Atriple EMAon a
day chart is up and H1 chart suggests down trend for the time being. A sustained close above $1,826
on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,812 will check
further supports.
XAU [GOLD]
USD
/
1811
1806
1801
1795
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