Register Register

Chinese (Simplified)

January 20, 2021

Aussie Strengthens Ahead of Australia’s Job Result, 25+ PIP Volatility Likely; Jan 20, 2021

Australia’s Job Data

Australia’s employment change data is due tomorrow at 0030 GMT/0600 IST. Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity. If the actual employment change comes higher than expected and actual unemployment rate comes lesser than forecasted, it will be beneficial to Australian dollar.

Let’s see how AUD has reacted during the previous data release:

Dec 17:

Nov 19:

Technical View:

AUD/USD: The Aussie rises gradually against U.S. dollar and remains well supported above $0.77 mark. The pair made intraday high at $0.7741 and low at $0.7689 mark. A sustained close above $0.7757 will check key resistances at $0.7797, $0.7820 and $0.7854 mark respectively. Alternatively, a sustained close below $0.7677 will test key supports at $0.7620, $0.7590 and $0.7540 mark respectively.

Take a look and do trade wisely!
Good Luck

TP Global FX Research Team

With a decade of Forex Market insight, TP Global FX Research Team delivers you the Market Insight that boosts your Trading Skills

Registered office:

Suite 305, Griffith Corporate Centre, Beachmont, P.O.Box 1510, Kingstown Saint Vincent and the Grenadines.
+2349127787207

Physical Offices

Nigeria office:
56 Opebi Road by Salvation bus stop (Suit 105, first floor), Ikeja, Lagos, Nigeria

Mail us

Drop mail at: support@tpglobalfx.com

Contact us

Call or Whatsapp +44 7441 416320

Sales Queries

Drop mail at: sales@tpglobalfx.com

Offices

Vanuatu office:
Law Partners House, Kumul Highway, PortVila, Vanuatu

Offices

Head office:
1810, 1811, Prime Tower,
Business Bay, Dubai, UAE

Instrument

Platforms & Tools

Partnership

Company

Others

© 2022 TPG Trader. All right reserved.

Privacy Policy | Terms & Conditions |Product Statement | Client Agreement | AML/KYC | Refund Policy

Risk Warning: Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note 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. This site is run and operated by – TP Global Services Limited registered by St. Vincent and the Grenadines with Number 25274 BC 2019. Registered office: Suite 305, Griffith Corporate Centre, Beachmont, P.O.Box 1510, Kingstown Saint Vincent and the Grenadines.

TP GLOBAL FX is monitored by VFSC Vanuatu with registration number 40409 and located at Law Partners House, Kumul Highway, PortVila, Vanuatu.

TP Global Fx Africa Limited is incorporated in Federal Republic of Nigeria under the Companies and Allied matters Act 1990 with registration number RC 1674202. The objects of the company are all subject matters not forbidden by Companies and Allied Matters Act 1990. To provide Electronic Platform through which clients can choose currencies, commodities, indexes, CFDs and other leveraged financial instruments to trade.