DAILY ANALYSIS REPORT DECEMBER 10 2021
AUD / USD
Commentary : The Aussie trades slightly higher on Friday and trading around $0.7150 mark. Today pair made intraday high at $0.7155 and low at $0.7132 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7161 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7130 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 | 0.7172 | S1 | 0.7130 |
R2 | 0.7199 | S2 | 0.7115 |
R3 | 0.7222 | S3 | 0.7090 |
R4 | 0.7240 | S4 | 0.7070 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 0.7162 | Sell Below : 0.7130 | ||
– Take Profit : 0.7185 | – Take Profit : 0.7104 | ||
– Stop Loss : 0.7138 | – Stop Loss : 0.7152 |
EUR / USD
Commentary : The Euro trades flat on Friday during Asian hours ahead of ECB President Lagarde’s speech and hovers around $1.1300 mark. The pair made intraday high at $1.1301 and low at $1.1287 mark. Today triple EMA on a day chart and H1 chart suggest down trend for the time being. A consistent close above $1.1320 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1280 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 | 1.1320 | S1 | 1.1272 |
R2 | 1.1350 | S2 | 1.1248 |
R3 | 1.1376 | S3 | 1.1221 |
R4 | 1.1399 | S4 | 1.1197 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1.1310 | Sell Below : 1.1277 | ||
– Take Profit : 1.1337 | – Take Profit : 1.1251 | ||
– Stop Loss : 1.1286 | – Stop Loss : 1.1302 |
GBP / USD
Commentary : The sterling trades marginally higher ahead of U.K.’s GDP data and trading around $1.3230 mark. Today pair made intraday high at $1.3233 and low at $1.3212 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.3237 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3210 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 | 1.3237 | S1 | 1.3210 |
R2 | 1.3262 | S2 | 1.3190 |
R3 | 1.3278 | S3 | 1.3168 |
R4 | 1.3299 | S4 | 1.3140 |
BUY | SELL | ||
![]() | ![]() | ||
Buy Above : 1.3240 | Sell Below : 1.3210 | ||
– Take Profit : 1.3260 | – Take Profit : 1.3178 | ||
– Stop Loss : 1.3212 | – Stop Loss : 1.323 |
USD / CAD
Commentary : The CAD rises in early Asian hours and stabilizes around 1.2700 mark. The pair made intraday high at 1.2718 and low at 1.2692 mark. Today a day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above 1.2721 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2676 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 | 1.2721 | S1 | 1.2676 |
R2 | 1.2740 | S2 | 1.2632 |
R3 | 1.2765 | S3 | 1.2612 |
R4 | 1.2778 | S4 | 1.2600 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1.2721 | Sell Below : 1.2681 | ||
– Take Profit : 1.2740 | – Take Profit : 1.2650 | ||
– Stop Loss : 1.2696 | – Stop Loss : 1.2704 |
USD / JPY
Commentary : The Japanese yen remains almost unchanged despite robust PPI data and hovers around 113.50 mark. The pair made intraday high at 113.51 and low at 113.33 mark. The triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A sustained close above 113.60 on H1 chart requires for the upside rally. Alternatively, a consistent close below 113.30 on H1 chart will check further key supports. | |||
Indicators | H1 | ||
Trends | Down Trend | ||
Moving Average (Period=75) | Below MA | ||
RSI (Period=26) | Below RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 113.60 | S1 | 113.30 |
R2 | 113.91 | S2 | 112.90 |
R3 | 114.26 | S3 | 112.62 |
R4 | 114.58 | S4 | 112.37 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 113.60 | Sell Below : 113.26 | ||
– Take Profit : 113.88 | – Take Profit : 112.99 | ||
– Stop Loss : 113.31 | – Stop Loss : 113.54 |
GOLD
Commentary : The Gold starts a new day on a positive note ahead of U.S. inflation results and remains well supported above $1,770 mark. Today pair made intraday high at $1,779 and low at $1,775 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1,780 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,774 will check further supports. U.S. Calendar will be hectic as CPI, Core CPI and Prelim UoM Consumer Sentiment data provide further directions to the parity. | |||
Indicators | H1 | ||
Trends | Up Trend | ||
Moving Average (Period=75) | Above MA | ||
RSI (Period=26) | Above RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 1784 | S1 | 1772 |
R2 | 1789 | S2 | 1764 |
R3 | 1794 | S3 | 1758 |
R4 | 1799 | S4 | 1752 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1781 | Sell Below : 1774 | ||
– Take Profit : 1787 | – Take Profit : 1767 | ||
– Stop Loss : 1776 | – Stop Loss : 1778 |

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.