1. Daily Analysis Report
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09 September, 2020

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Asian Bulle n: Sterling falls dras cally against U.S. dollar on the back of Brexit deal updates, hits fresh 6 – week low at $1.2950 mark; Asian stock markets in red; gold flat
at $1,930 mark
Asian Headlines:
• U.S. consumer credit stands at 12.2B vs 11.4B previous release.
• New Zealand manufacturing sales q/q stands at -11.9 vs 0.0 pct previous release.
• Australia Westpac consumer sen ment stands at 18.0 vs -9.5 previous release.
• New Zealand business confidence stands at -26 vs -41.8 previous release.
• China CPI y/y stands at 2.4 vs 2.7 previous release (expected 2.4).
• China PPI y/y stands at -2.0 vs -2.4 previous release (expected -1.9).
• South Korea unemployment rate stands at 3.2 pct vs 4.2 previous release.
Economic Data Ahead:
• (0200 ET/0600 GMT) Japan prelim machine tools order, previous -32.1.
• (0815 ET/1215 GMT) Canada housing starts, previous 246K, expected 222K.
• (1000 ET/1400 GMT) Canada interest rate decision, previous 0.25, expected 0.25.
• (1000 ET/1400 GMT) U.S. JOLTS job openings, previous 5.89M, expected 6.05M.
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 93.49.
USD/JPY: The Japanese yen consolidates around 105.90 against U.S. dollar on Wednesday. A sustained close above 106.56 will take the parity higher towards key
resistance around 106.92, 107.48, 107.92, 108.22, 108.54, 109.20 and 109.72 mark respec vely. On the other side, a consistent close below 105.90 will drag the parity
down towards 105.40, 105.10, 104.72, 104.20, 103.50 and 102.98 marks respec vely.
AUD/USD: The Aussie slips below $0.72 mark and hits fresh 2 – week low at $0.7190 mark in opening hours. The pair made intraday high at $0.7225 and low at $0.7191
marks. On the top side key resistances are seen at $0.7298, $0.7340, $0.7370, $0.7422, $0.7462 and $0.7502 mark respec vely. On the other hand, a consistent close
below $0.7190 will take the parity down towards key supports around $0.7158, $0.7123, $0.7082, $0.7040, $0.6969, $0.6922, $0.6861, $0.6833 and $0.6799 mark
respec vely.
NZD/USD: The kiwi falls gradually against U.S. dollar and touches $0.6601 mark in early Asia. Pair made intraday high at $0.6625 and low at $0.6601 mark. Key resistances
are seen at $0.6690, $0.6740, $0.6770, $0.6824, $0.6867 and $0.6910 mark respec vely. Alterna vely, a consistent close below $0.6618 will drag the parity down
towards key supports around $0.6601, $0.6547, $0.6499, $0.6476, $0.6420, $0.6380, $0.6356, $0.6289, $0.6240 mark respec vely.
USD/INR: The Indian rupee fails to find support above 74.00 mark and trading slightly higher on Wednesday. The pair made intraday high at 73.81 and low at 73.58 mark.
A sustained close below 73.77 marks will drag the parity down towards 73.40, 73.02, 72.88, 72.65, 72.40 and 72.12 mark respec vely. On the top side key resistances are
seen at 73.77, 74.10, 74.37, 74.70, 75.02, 75.20 and 75.39 marks respec vely.
EUR/USD: The euro falls no ceably ahead of ECB interest rate decision due tomorrow. The pair made intraday high at $1.1782 and low at $1.1756 mark. A sustained close
above $1.1774 tests key resistances at $1.1851, $1.1936, $1.1975, $1.2022, $1.2047, $1.2082 and $1.2120 mark respec vely. On the other side, a sustained close below
$1.1774 will target key supports around $1.1737, $1.1695, $1.1654, $1.1590, $1.1540 and $1.1526 marks respec vely.
GBP/USD: The sterling falls dras cally as Brexit deal deadline is coming near. A sustained close above $1.2980 will drag the parity up towards $1.3070, $1.3102, $1.3148,
$1.3210, $1.3276, $1.3350, $1.3382, $1.3422, $1.3442 and $1.3515 mark respec vely. Key support levels are seen at $1.2950, $1.2902, $1.2838 and $1.2775 mark
respec vely.
Commodity Trend:
XAU/USD (GOLD): Gold moves in rigid boundaries in the absence of U.S. fundamental data. Today pair made intraday high at $1,932 and low at $1,923 mark. A sustained
close above $2,001 requires for the upside rally. Alterna vely, reversal from key resistance will take the parity down towards key supports around $1,922, $1,910, $1,902,
$1,890, $1,862, $1,840, $1,822, $1,809 and $1,787 mark respec vely. Key resistances are seen at $1,932, $1,940, $1,947, $1,958, $1,970, $1,982, $1,994, $2,008, 2,020,
2,038 and $2,063 marks respec vely.
XAG/USD (Silver): Silver trades flat at $26.62 mark. A sustained close above $29.13 requires for upside rally. Key support levels are seen at $26.53, $26.12, $25.53,
$25.02, $24.70, $23.41, $23.24 and $23.02 marks respec vely. Key resistances are seen at $27.02, $27.17, $27.22, $27.70, $28.12, $28.84, $28.97, $29.13 and $29.55
marks respec vely.

3. AUD / USD
REPORTFROM:TPGLOBALFXSEPTEMBER,2020
Time Frame: H1
INDICATORS
Trends Down Trend
Moving Average (Period=75) Below MA
H 1
RIS (Period=26) Below RIS LEVEL 50
FIBO Levels PIVOT
R1 0.72814 S1 0.72062
Buy Above 0.72698
0.72951
0.71926
0.71926
0.71584
0.72698
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 0.73046 S2 0.71830
R3 0.73422 S3 0.71454
R4 0.74030 S4 0.70846
Conclusion
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0.72438

4. EUR / USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS
Trends Down Trend
Moving Average (Period=75) Below MA
H 1
RIS (Period=26) Below RIS LEVEL 50
FIBO Levels PIVOT
R1 1.18120 S1 1.17648
Buy Above 1.18247
1.18442
1.17509
1.17509
1.17267
1.18247
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.18267 S2 1.17501
R3 1.18503 S3 1.17265
R4 1.18886 S4 1.16882
Conclusion
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1.17884
SEPTEMBER,2020

5. GBP / USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS
Trends Down Trend
Moving Average (Period=75) Below MA
H 1
RIS (Period=26) Below RIS LEVEL 50
FIBO Levels PIVOT
R1 1.31155 S1 1.29707
Buy Above 1.31396
1.31877
1.29163
1.29163
1.28638
1.31396
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.31603 S2 1.29259
R3 1.32327 S3 1.28535
R4 1.33499 S4 1.27363
Conclusion
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1.30431
SEPTEMBER,2020

6. USD /CAD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1.32451 S1 1.31291
Buy Above 1.32716
1.33130
1.31164
1.31164
1.30791
1.32716
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.32810 S2 1.30932
R3 1.33390 S3 1.30352
R4 1.34329 S4 1.29413
Conclusion
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1.31871
Trend Up Trend
Moving Average (Period=75) Above Above MA
RIS (Period=26) Above RIS LEVEL 50
SEPTEMBER,2020

7. USD /JPY
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 106.282 S1 105.886
Buy Above 106.257
106.356
105.806
105.806
105.682
106.257
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 106.405 S2 105.763
R3 106.603 S3 105.565
R4 106.924 S4 105.244
Conclusion
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106.084
Trends Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50
SEPTEMBER,2020

8. XAU / [GOLD]USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1939.29 S1 1913.17
Buy Above 1935.88
1940.57
1919.37
1919.37
1912.43
1935.88
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1947.36 S2 1905.10
R3 1960.42 S3 1892.04
R4 S4 1870.91
Conclusion
+1 7754 366 970
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1926.23
Trends Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50
1981.55
SEPTEMBER,2020

9. Thank
you!
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