DAILY ANALYSIS REPORT DECEMBER 14 2021
AUD / USD
Commentary : The Aussie weakens sharply in early Asian after NAB Business Confidence data and touches $0.7097 mark. Today pair made intraday high at $0.7134 and low at $0.7097 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $0.7130 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7086 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 | 0.7140 | S1 | 0.7086 |
R2 | 0.7178 | S2 | 0.7062 |
R3 | 0.7199 | S3 | 0.7040 |
R4 | 0.7222 | S4 | 0.7012 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 0.7140 | Sell Below : 0.7087 | ||
– Take Profit : 0.7171 | – Take Profit : 0.7062 | ||
– Stop Loss : 0.7114 | – Stop Loss : 0.7121 |
EUR / USD
Commentary : The Euro trades flat on Tuesday and hovers around $1.1270 mark. The pair made intraday high at $1.1285 and low at $1.1273 mark. Today triple EMA on a day and H1 chart suggest bearish trend for the time being. A consistent close above $1.1287 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1262 on H1 chart will check further supports. Euro’s Industrial Production data will be in focus. | |||
Indicators | H1 | ||
Trends | Up Trend | ||
Moving Average (Period=75) | Above MA | ||
RSI (Period=26) | Above RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 1.1287 | S1 | 1.1262 |
R2 | 1.1320 | S2 | 1.1238 |
R3 | 1.1350 | S3 | 1.1221 |
R4 | 1.1376 | S4 | 1.1197 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1.1290 | Sell Below : 1.1260 | ||
– Take Profit : 1.1315 | – Take Profit : 1.1238 | ||
– Stop Loss : 1.1271 | – Stop Loss : 1.1286 |
GBP / USD
Commentary : The sterling trades marginally lower ahead of U.K.’s Employment Change Data and slips back below $1.3200 mark. Today pair made intraday high at $1.3216 and low at $1.3195 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.3218 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3186 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 | 1.3218 | S1 | 1.3186 |
R2 | 1.3240 | S2 | 1.3165 |
R3 | 1.3278 | S3 | 1.3150 |
R4 | 1.3299 | S4 | 1.3126 |
BUY | SELL | ||
![]() | ![]() | ||
Buy Above : 1.3218 | Sell Below : 1.3185 | ||
– Take Profit : 1.3247 | – Take Profit : 1.3161 | ||
– Stop Loss : 1.3196 | – Stop Loss : 1.3209 |
USD / CAD
Commentary : The CAD spiked down sharply after BoC’s revised Monetary Policy Statement and currently trading above 1.2800 mark. The pair made intraday high at 1.2827 and low at 1.2799 mark. Today a day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above 1.2840 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2790 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 | 1.2840 | S1 | 1.2790 |
R2 | 1.2866 | S2 | 1.2772 |
R3 | 1.2888 | S3 | 1.2750 |
R4 | 1.2915 | S4 | 1.2732 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1.2840 | Sell Below : 1.2798 | ||
– Take Profit : 1.2872 | – Take Profit : 1.2762 | ||
– Stop Loss : 1.2815 | – Stop Loss : 1.2822 |
USD / JPY
Commentary : The Japanese yen moves in stiff boundaries and remains well supported above 113.50 mark. The pair made intraday high at 113.66 and low at 113.45 mark. The triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above 113.76 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 | Up Trend | ||
Moving Average (Period=75) | Above MA | ||
RSI (Period=26) | Above RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 113.76 | 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 : 113.72 | Sell Below : 113.30 | ||
– Take Profit : 113.99 | – Take Profit : 113.03 | ||
– Stop Loss : 113.42 | – Stop Loss : 113.51 |
GOLD
Commentary :The Gold remains choppy ahead of U.S. FOMC Interest Rate Decision due tomorrow and consolidates around $1,787 mark. Today pair made intraday high at $1,789 and low at $1,785 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1,791 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,778 will check further supports. U.S. will release PPI and Core PPI data at 1330 GMT. | |||
Indicators | H1 | ||
Trends | Down Trend | ||
Moving Average (Period=75) | Below MA | ||
RSI (Period=26) | Below RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 1794 | S1 | 1778 |
R2 | 1799 | S2 | 1772 |
R3 | 1804 | S3 | 1764 |
R4 | 1809 | S4 | 1758 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1791 | Sell Below : 1784 | ||
– Take Profit : 1797 | – Take Profit : 1778 | ||
– Stop Loss : 1786 | – Stop Loss : 1788 |

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.