DAILY ANALYSIS REPORT AUGUST 22 2022
AUD / USD
Commentary: The Aussie recovers slightly in early Asia and hovers around $0.6900 mark ahead of Australia’s Flash PMI data due tomorrow. Today pair made intraday high at $0.6906 and low at $0.6867 mark. A day chart and H1 chart with triple EMA suggest a bearish trend for the time being. A sustained close above $0.6928 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.6862 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 | 0.6928 | S1 | 0.6862 |
R2 | 0.6950 | S2 | 0.6840 |
R3 | 0.6976 | S3 | 0.6812 |
R4 | 0.7002 | S4 | 0.6782 |
BUY | SELL | ||
![]() | ![]() | ||
Buy Above: 0.6922 | Sell Below: 0.6872 | ||
– Take Profit: 0.6950 | – Take Profit: 0.6837 | ||
– Stop Loss: 0.6898 | – Stop Loss: 0.6899 |
EUR / USD

Commentary : The euro trades almost flat on Monday and stabilizes around $1.0041 mark. Today the pair made intraday high at $1.0046 and low at $1.0023 mark. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.0067 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0021 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 | 1.0067 | S1 | 1.0021 |
R2 | 1.0090 | S2 | 0.9998 |
R3 | 1.0122 | S3 | 0.9962 |
R4 | 1.0150 | S4 | 0.9940 |
BUY | SELL | ||
![]() |
![]() |
||
Buy Above : 1.0067 | Sell Below: 1.0021 | ||
– Take Profit : 1.0099 | – Take Profit: 0.9990 | ||
– Stop Loss : 1.0040 | – Stop Loss: 1.0050 |
GBP / USD
Commentary : The sterling took a halt around $1.1790 mark and currently stabilizes around $1.1830 mark. Today pair made intraday high at $1.1836 and low at $1.1805 mark. A day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1.1850 on H1 chart will check key resistances. Alternatively, a consistent close below $1.1802 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 | 1.1850 | S1 | 1.1802 |
R2 | 1.1872 | S2 | 1.1778 |
R3 | 1.1899 | S3 | 1.1740 |
R4 | 1.1926 | S4 | 1.1712 |
BUY | SELL | ||
![]() | ![]() | ||
Buy Above: 1.1850 | Sell Below: 1.1802 | ||
– Take Profit: 1.1882 | – Take Profit: 1.1772 | ||
– Stop Loss: 1.1815 | – Stop Loss: 1.1830 |
USD / CAD
Commentary: The CAD enjoys roller coaster movement ahead of New Housing Price Index data and currently hovers around 1.3000 mark. Today the pair made intraday high at 1.3005 and low at 1.2982 mark. Today a day chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above 1.3005 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2975 on H1 chart will check key supports too. | |||
Indicators | H1 | ||
Trends | Up Trend | ||
Moving Average (Period=75) | Above MA | ||
RSI (Period=26) | Above RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 1.3005 | S1 | 1.2975 |
R2 | 1.3022 | S2 | 1.2930 |
R3 | 1.3055 | S3 | 1.2912 |
R4 | 1.3072 | S4 | 1.2900 |
BUY | SELL | ||
![]() | ![]() | ||
Buy Above: 1.3005 | Sell Below: 1.2972 | ||
– Take Profit: 1.3031 | – Take Profit: 1.2938 | ||
– Stop Loss: 1.2982 | – Stop Loss: 1.3000 |
USD / JPY
Commentary: The Japanese yen starts a new week on a lower note and stabilizes back above 137.00 mark. The pair made intraday high at 137.43 and low at 136.82 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 137.40 on H1 chart requires for the upside rally. Alternatively, a consistent close below 136.80 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 | 137.55 | S1 | 136.80 |
R2 | 137.87 | S2 | 136.52 |
R3 | 138.12 | S3 | 136.18 |
R4 | 138.38 | S4 | 135.98 |
BUY | SELL | ||
![]() | ![]() | ||
Buy Above: 137.40 | Sell Below: 136.90 | ||
– Take Profit: 137.72 | – Take Profit: 136.57 | ||
– Stop Loss: 137.05 | – Stop Loss: 137.22 |
GOLD
Commentary : Gold trades slightly lower on Monday and remains well supported below $1,750 mark. Today the pair made intraday high at $1,749 and low at $1,744 mark. Today a day chart and H1 chart with triple EMA suggest bearish trend for the time being. A sustained close above $1,752 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,742 on H1 chart will test further supports. U.S. Economic Calendar will remain empty for the day. | |||
Indicators | H1 | ||
Trends | Down Trend | ||
Moving Average (Period=75) | Below MA | ||
RSI (Period=26) | Below RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 1752 | S1 | 1742 |
R2 | 1758 | S2 | 1737 |
R3 | 1762 | S3 | 1732 |
R4 | 1767 | S4 | 1726 |
BUY | SELL | ||
![]() | ![]() | ||
Buy Above: 1750 | Sell Below: 1744 | ||
– Take Profit: 1756 | – Take Profit: 1736 | ||
– Stop Loss: 1744 | – Stop Loss: 1749 |

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.