English
Arabic
Chinese (Simplified)
Dutch
French
German
Italian
Portuguese
Russian
SpanishDAILY ANALYSIS REPORT APRIL 21 2022
AUD / USD
| Commentary : The Aussie trades slightly lower on Thursday and hovers around $0.7430 mark. Today pair made intraday high at $0.7454 and low at $0.7428 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $0.7455 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7415 will check further supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 0.7455 | S1 | 0.7415 |
| R2 | 0.7478 | S2 | 0.7391 |
| R3 | 0.7499 | S3 | 0.7365 |
| R4 | 0.7521 | S4 | 0.7337 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 0.7450 | Sell Below : 0.7405 | ||
| – Take Profit : 0.7481 | – Take Profit : 0.7378 | ||
| – Stop Loss : 0.7422 | – Stop Loss : 0.7432 | ||
EUR / USD
| Commentary : The trades marginally lower during Asian hours ahead of Euro Zone’s Consumer Confidence and ECB President Lagarde’s speech. The pair made intraday high at $1.0854 and low at $1.0823 mark. Today triple EMA on a day chart is down and H1 chart suggests up trend for the time being. A consistent close above $1.0852 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0815 on H1 chart will check further supports. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.0872 | S1 | 1.0815 |
| R2 | 1.0899 | S2 | 1.0791 |
| R3 | 1.0926 | S3 | 1.0755 |
| R4 | 1.0954 | S4 | 1.0730 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.0851 | Sell Below : 1.0815 | ||
| – Take Profit : 1.0876 | – Take Profit : 1.0791 | ||
| – Stop Loss : 1.0820 | – Stop Loss : 1.0840 | ||
GBP / USD
| Commentary : The Sterling depreciates on Thursday and stabilizes around $1.3050 mark. Today pair made intraday high at $1.3073 and low at $1.3042 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.3072 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3030 will check further supports. U.K. BOE Gov Bailey’s speech will remain in focus. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.3072 | S1 | 1.3030 |
| R2 | 1.3099 | S2 | 1.3001 |
| R3 | 1.3126 | S3 | 1.2981 |
| R4 | 1.3162 | S4 | 1.2962 |
| BUY | SELL | ||
 |  | ||
| Buy Above : 1.3072 | Sell Below : 1.303 | ||
| – Take Profit : 1.3099 | – Take Profit : 1.3005 | ||
| – Stop Loss : 1.3048 | – Stop Loss : 1.3051 | ||
USD / CAD
| Commentary : The CAD strengthened sharply in previous session after robust Canada’s CPI data. Today the pair made intraday high at 1.2501 and low at 1.2478 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above 1.2520 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2465 on H1 chart will check key supports too. | |||
| Indicators | H1 | ||
| Trends | Down Trend | ||
| Moving Average (Period=75) | Below MA | ||
| RSI (Period=26) | Below RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1.2520 | S1 | 1.2465 |
| R2 | 1.2550 | S2 | 1.2450 |
| R3 | 1.2576 | S3 | 1.2415 |
| R4 | 1.2591 | S4 | 1.2400 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1.2520 | Sell Below : 1.2472 | ||
| – Take Profit : 1.2550 | – Take Profit : 1.2440 | ||
| – Stop Loss : 1.2494 | – Stop Loss : 1.2499 | ||
USD / JPY
| Commentary : The Japanese yen enjoys roller coaster movement and hovers around 128.50 mark. The pair made intraday high at 128.63 and low at 127.79 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 128.72 on H1 chart requires for the upside rally. Alternatively, a consistent close below 128.00 on H1 chart will check further key supports. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 128.72 | S1 | 128.00 |
| R2 | 129.02 | S2 | 127.81 |
| R3 | 129.24 | S3 | 127.50 |
| R4 | 129.52 | S4 | 127.22 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 128.74 | Sell Below : 128.01 | ||
| – Take Profit : 129.27 | – Take Profit : 127.54 | ||
| – Stop Loss : 128.12 | – Stop Loss : 128.51 | ||
GOLD
| Commentary : Gold recovers slightly from previous losses and trying to stabilize around $1,950 mark. Today pair made intraday high at $1,957 and low at $1,950 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1,958 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,944 on H1 chart will test further supports. U.S. Philly Fed Manufacturing Index data will remain in focus. | |||
| Indicators | H1 | ||
| Trends | Up Trend | ||
| Moving Average (Period=75) | Above MA | ||
| RSI (Period=26) | Above RSI LEVEL 50 | ||
| FIBO Levels | PIVOT | – | |
| R1 | 1958 | S1 | 1944 |
| R2 | 1964 | S2 | 1938 |
| R3 | 1968 | S3 | 1932 |
| R4 | 1974 | S4 | 1926 |
| BUY | SELL | ||
 |  | ||
| Trade Idea | Trade Idea | ||
| Buy Above : 1958 | Sell Below : 1944 | ||
| – Take Profit : 1964 | – Take Profit : 1937 | ||
| – Stop Loss : 1951 | – Stop Loss : 1950 | ||
Download Report in PDF
We provide every solution to start your own
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
Disclamer:
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. 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.