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28 December, 2020
Daily Analysis Report

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Asian Bulle n: U.S. dollar falls no ceably against major peers, Asian stock markets in green, gold touches $1,900 mark in early Asia
Asian Headlines:
• Japan prelim industrial produc on stands at 0.0 pct vs 4.0 pct previous release (expected 1.4).
• President Donald Trump signs a corona virus relief and government funding package into law.
• BOJ policymakers were divided on how far to go with its s mulus program.
• BOJ Governor Haruhiko Kuroda - the policy review will not lead to big changes to yield curve control (YCC) and instead focus on fine-tuning the framework to
make it more sustainable.
Economic Data Ahead:
• No key indicators scheduled for the day.
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 down 0.18% to 90.16 points.
USD/JPY: The Japanese yen remains slightly vola le a er BOJ’s summary of opinions. A sustained close above 103.50 will take the parity higher towards key resistance
around 104.22, 104.50, 104.70, 104.90, 105.22, 105.64, 105.92, 106.22 and 106.76 mark respec vely. On the other side, a consistent close below 103.06 will drag the
parity down towards 102.80, 102.45, 102.10 and 101.50 marks respec vely.
AUD/USD: The Aussie trades marginally higher and jumps back above $0.76 mark. The pair made intraday high at $0.7615 and low at $0.7583 marks. On the top side key
resistances are seen at $0.7628, $0.7654, $0.7676 and $0.77 mark respec vely. On the other hand, a consistent close below $0.7520 will take the parity down towards
key supports around $0.7450, $0.7398, $0.7350, $0.7297, $0.7270, $0.7220 and $0.7190 mark respec vely.
NZD/USD: The Kiwi appreciates slightly on Monday and trading around $0.7125 mark. The pair made intraday high at $0.7129 and low at $0.7098 mark. Key resistances
are seen at $0.7122, $0.7157, $0.7176 and $0.7190 mark respec vely. Alterna vely, a consistent close below $0.7040 will drag the parity down towards key supports
around $0.7002, $0.6960, $0.6922, $0.6850, $0.6783 and $0.6750 mark respec vely.
USD/INR: The Indian rupee rises sharply and stabilizes below 73.50 mark. The pair made intraday high at 73.55 and low at 73.45 marks. A sustained close below 73.42
marks will drag the parity down towards 73.20, 72.87, 72.65, 72.40 and 72.12 mark respec vely. On the top side key resistances are seen at 74.02, 74.40, 74.65, 75.02,
75.27, 75.39 and 75.62 marks respec vely.
EUR/USD: The euro strengthens and stabilizes back above $1.22 mark. The pair made intraday high at $1.2216 and low at $1.2179 mark. A sustained close above $1.2240
tests key resistances at $1.2272, $1.2304, $1.2332 and $2368 mark respec vely. On the other side, a sustained close below $1.2160 will target key supports around
$1.2122, $1.2090, $1.2050, $1.1970, $1.1900 and $1.1850 marks respec vely.
GBP/USD: The sterling rises slightly on Monday and stabilizes above $1.3550 mark. Today pair made intraday high at $1.3576 and low at $1.3530 mark. A sustained close
above $1.3581 will drag the parity up towards $1.3624, $1.3648, $1.3672, $1.3699 and $1.3722 mark respec vely. Key support levels are seen at $1.3483, $1.3450,
$1.3370, $1.3322, $1.3290, $1.3263, $1.3222 and $1.3170 marks respec vely.
Commodity Trend:
XAU/USD (GOLD): Gold starts a new week on posi ve note and touches $1,900 mark in Asian hours. Today pair made intraday high at $1,900 and low at $1,879 mark. A
sustained close above $1,902 requires for the upside rally. On the other side, consistent close below $1,860 will check key supports as well. Key support levels are seen
around $1,855, $1,847, $1,832, $1,827, $1,820, $1,812, $1,802 and $1,787 mark respec vely. Key resistances are seen at $1,902, $1,912, $1,924 and $1,937 marks
respec vely.
XAG/USD (Silver): Silver trades extremely higher on Monday and touches $26.77 mark in Asian hours. Today pair made intraday high at $26.77 and low at $25.81 mark. A
sustained close above $26.67 requires for upside rally. Key support levels are seen at $24.50, $23.82, $23.55, $23.35, $22.50 and $21.90 marks respec vely. Key
resistances are seen at $27.26, $27.44, $27.62, $27.74 and $27.98 marks respec vely.

AUD / USD
REPORTFROM:TPGLOBALFXDECEMBER,2020
Time Frame: H1
INDICATORS
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 0.76030 S1 0.75722
Buy Above 0.76257
0.76466
0.75771
0.75771
0.75572
0.76257
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 0.76126 S2 0.75626
R3 0.76280 S3 0.75472
R4 0.76530 S4 0.75222
Conclusion
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0.75876

EUR / USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 1.22066 S1 1.21772
Buy Above 1.22320
1.22497
1.21721
1.21721
1.21507
1.22320
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.22517 S2 1.21681
R3 1.22304 S3 1.21534
R4 1.22542 S4 1.21296
Conclusion
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1.21919
DECEMBER,2020

GBP / USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 1.36018 S1 1.35020
Buy Above 1.36179
1.36514
1.34786
1.34786
1.34357
1.36179
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.36326 S2 1.34712
R3 1.36825 S3 1.34213
R4 1.37632 S4 1.33406
Conclusion
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1.35519
DECEMBER,2020

USD /CAD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1.28747 S1 1.28241
Buy Above 1.28867
1.29067
1.28096
1.28096
1.27908
1.28867
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.28903 S2 1.28085
R3 1.29156 S3 1.27832
R4 1.29565 S4 1.27423
Conclusion
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1.28494
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
DECEMBER,2020

USD /JPY
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 103.715 S1 103.479
Buy Above 103.745
103.897
103.273
103.273
103.111
103.745
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 103.787 S2 103.407
R3 103.805 S3 103.289
R4 104.095 S4 103.099
Conclusion
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103.597
Trends Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
DECEMBER,2020

XAU / [GOLD]USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1882.73 S1 1872.05
Buy Above 1902.82
1906.41
1877.53
1877.53
1872.97
1902.82
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1886.02 S2 1868.76
R3 1891.36 S3 1863.42
R4 S4 1854.79
Conclusion
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1877.39
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
1899.99
DECEMBER,2020

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