DAILY ANALYSIS REPORT OCTOBER 26 2021

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analysis@tpglobalfx.com
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26 October 2021
Daily Analysis Report

+1 7754 366 970
Asian Bulle n: Japanese yen con nues to trade lower against U.S. dollar, Asian stock markets mixed, gold hovers around $1,800 mark
Key Headlines:
• Japan SPPI stands at 0.9 pct vs 1.0 pct previous release.
• The surge in Tesla Inc's stock market value beyond $1 trillion on Monday is a double bonanza for Chief Execu ve Elon Musk, the electric car maker's largest
shareholder – Reuters.
• The Federal Reserve will host a series of diversity and inclusion conferences in November focusing on underrepresented groups and their experiences in the
economics profession, central banking, ﬁnance and the economy overall, the U.S. central bank announced on Monday – Reuters.
• The Dow Industrials and S&P 500 closed at record highs on Monday, as earnings season kicked in to high gear in one of the heaviest repor ng weeks of the
quarter with bellwethers in mul ple sectors poised to announce results – Reuters.
• Spain on Monday reached the grim milestone of 5 million COVID-19 cases during the pandemic, as it reported 4,485 new infec ons and 54 deaths since Friday
– Reuters.
• U.S. climate envoy John Kerry said on Monday the private sector has to step in to help governments achieve emission targets, adding carbon emissions are not
about poli cs or ideologies, but "about science – Reuters.
• Moderna Inc said on Monday its COVID-19 vaccine generated a strong immune response in children aged six to 11 years and that it plans to submit the data to
global regulators soon – Reuters.
• The European Union's drug regulator on Monday said it has concluded in its review that Moderna's COVID-19 booster vaccine may be given to people aged 18
years and above, at least six months a er the second dose – Reuters.
• The Dutch government may impose new coronavirus restric ons to reduce pressure on hospitals struggling to deal with a swelling number of COVID-19
pa ents, Health Minister Hugo de Jonge said on Monday – Reuters.
Economic Data Ahead:
• (1000 GMT/1530 IST) U.K. CBI realized sales, previous 11, expected 14.
• (1300 GMT/1830 IST) U.S. HPI, previous 1.4, expected 1.5.
• (1400 GMT/1930 IST) U.S. CB Consumer Conﬁdence, previous 109.3, expected 108.4.
• (1400 GMT/1930 IST) U.S. Richmond manufacturing Index, previous -3, expected 4.
• (1400 GMT/1930 IST) U.S. New Home Sales, previous 740K, expected 760K.
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 0.05% to 93.86 points.

AUD / USD
BUY SELL
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OCTOBER,
2021
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
0.7515
R2 S2
0.7540
R3 S3
0.7572
R4
Commentary
S4
0.7599
Buy Above 0.7515
0.7540
0.7482
– Take Profit
– Stop Loss
Trade Idea
Sell Below 0.7476
0.7453
0.7501
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
-
Time Frame: H1
AUD/USD: The Aussie strengthens noticeably on Tuesday and hovers around $0.75 mark. It made
intraday high at $0.7505 and low at $0.7496 mark. A day chart and H1 chart with triple EMA suggests
up trend for the time being.Asustained close above $0.7515 on H1 chart requires for the upside rally.
Alternatively, a consistent close below $0.7470 will check further supports.
0.7470
0.7440
0.7410
0.7380

BUY SELL
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Technical Summary H 1
FIBO Levels PIVOT
R1 S1
1.1618
R2 S2
1.1667
R3 S3
1.1690
R4
Commentary
S4
1.1718
+1 7754 366 970
-
Time Frame: H1
EUR/USD: The Euro trades slightly lower on Tuesday and stabilizes around $1.1600 mark. Today pair
made intraday high at $1.1612 and low at $1.1598. Today triple EMA on a day chart and H1 chart
suggests down trend for the time being.Aconsistent close above $1.1612 on H1 chart requires for the
upside rally.Alternatively, a sustained close below $1.1590 on H1 chart will check further supports.
EUR / USD
1.1572
1.1540
1.1510
1.1480
Buy Above 1.1612
1.1638
1.1595
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.1590
1.1572
1.1611
– Take Profit
– Stop Loss
Trade Idea
Trends Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
OCTOBER,
2021

BUY SELL
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Technical Summary
H 1
FIBO Levels PIVOT
R1 S1
1.3790
R2 S2
1.3822
R3 S3
1.3840
R4
Commentary
S4
1.3872
Buy Above 1.3772
1.3798
1.3750
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.3750
1.3717
1.3781
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
-
Time Frame: H1
GBP/USD: The sterling remains almost unchanged on Tuesday and hovers around $1.3760 mark.
Today pair made intraday high at $1.3771 and low at $1.3756 mark.Aday chart is up and H1 chart with
triple EMA suggests down trend for the time being. A sustained close above $1.3790 on H1 chart will
check key resistances.Alternatively, a consistent close below $1.3740 will check further supports.
USD
1.3740
1.3708
1.3682
1.3648
GBP/
Trends Down Trend
OCTOBER,
2021

BUY SELL
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Technical Summary
Trends Down Trend
H 1
FIBO Levels PIVOT
R1 S1
1.2395
R2 S2
1.2422
R3 S3
1.2456
R4
Commentary
S4
1.2478
Buy Above 1.2390
1.2422
1.2365
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2361
1.2337
1.2395
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
-
Time Frame: H1
USD/CAD: The CAD moves in rigid boundaries and remains well supported above 1.2350 mark. The
pair made intraday high at 1.2385 and low at 1.2367 mark. Today a day chart is down and H1 chart
with triple EMA suggests up trend for the time being. A sustained close above 1.2395 on H1 chart
requires for the upside rally. Alternatively, a consistent close below 1.2365 on H1 chart will check key
supports too.
USD /CAD
1.2365
1.2327
1.2302
1.2272
OCTOBER,
2021

BUY SELL
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Technical Summary
Trend Up Trend
H 1
FIBO Levels PIVOT
R1 S1
113.90
R2 S2
114.20
R3 S3
114.37
R4
Commentary
S4
114.62
Buy Above 113.96
114.22
113.67
– Take Profit
– Stop Loss
Trade Idea
Sell Below 113.62
113.41
113.86
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
-
Time Frame: H1
USD/JPY: The Japanese yen trades marginally lower on Tuesday and touches 113.90 mark in Asian
hours. The pair made intraday high at 113.90 and low at 113.68 mark. The triple EMA on a day chart
and H1 chart suggest up trend for the time being.Asustained close above 113.90 on H1 chart requires
for the upside rally. Alternatively, a consistent close below 113.70 on H1 chart will check further key
supports.
USD /JPY
113.70
113.42
113.21
112.89
OCTOBER,
2021

BUY SELL
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Technical Summary
Trend Up Trend
H 1
FIBO Levels PIVOT
R1 S1
1808
R2 S2
1814
R3 S3
1820
R4
Commentary
S4
1826
Buy Above 1808
1814
1802
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1797
1791
1804
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
-
Time Frame: H1
XAU/USD (GOLD): Gold starts a new day on a lower note and hovers around $1,800 mark ahead of
U.S. Richmond Manufacturing Index results. Today pair made intraday high at $1,808 and low at
$1,802 mark. A day chart and H1 chart with triple EMA suggests 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 $1,799 will check further supports.
XAU [GOLD]
USD
/
1799
1792
1786
1781
OCTOBER,
2021

Thank
you!
Info@tpglobalfx.com
www.tpglobalfx.com
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DAILY ANALYSIS REPORT OCTOBER 26 2021

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