DAILY ANALYSIS REPORT DECEMBER 16 2021
AUD / USD
Commentary : The Aussie starts a new day on a lower note despite robust Employment Change data and trading around $0.7150 mark. Today pair made intraday high at $0.7181 and low at $0.7145 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7178 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 | 0.7178 | S1 | 0.7130 |
R2 | 0.7199 | S2 | 0.7102 |
R3 | 0.7215 | S3 | 0.7080 |
R4 | 0.7240 | S4 | 0.7050 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 0.7181 | Sell Below : 0.7130 | ||
– Take Profit : 0.7210 | – Take Profit : 0.7104 | ||
– Stop Loss : 0.7157 | – Stop Loss : 0.7155 |
EUR / USD
Commentary : The Euro remains almost unchanged on Thursday ahead of ECB’s Interest Rate Decision and hovers around $1.1300 mark. The pair made intraday high at $1.1298 and low at $1.1281 mark. Today triple EMA on a day is down and H1 chart suggests up trend for the time being. A consistent close above $1.1312 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1267 on H1 chart will check further supports. European Calendar will be hectic as ECB Interest Rate Decision, Press Conference along with Flash PMI data are scheduled. | |||
Indicators | H1 | ||
Trends | Down Trend | ||
Moving Average (Period=75) | Below MA | ||
RSI (Period=26) | Below RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 1.1312 | S1 | 1.1290 |
R2 | 1.1338 | S2 | 1.1267 |
R3 | 1.1365 | S3 | 1.1240 |
R4 | 1.1380 | S4 | 1.1221 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1.1299 | Sell Below : 1.1277 | ||
– Take Profit : 1.1321 | – Take Profit : 1.1256 | ||
– Stop Loss : 1.1282 | – Stop Loss : 1.1294 |
GBP / USD
Commentary : The sterling trades in rigid boundaries ahead of U.K.’s Interest Rate Decision and stabilizes around $1.3250 mark. Today pair made intraday high at $1.3268 and low at $1.3247 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1.3276 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3232 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 | 1.3276 | S1 | 1.3232 |
R2 | 1.3299 | S2 | 1.3210 |
R3 | 1.3315 | S3 | 1.3186 |
R4 | 1.3338 | S4 | 1.3165 |
BUY | SELL | ||
![]() | ![]() | ||
Buy Above : 1.3274 | Sell Below : 1.3232 | ||
– Take Profit : 1.3302 | – Take Profit : 1.3202 | ||
– Stop Loss : 1.3250 | – Stop Loss : 1.3255 |
USD / CAD
Commentary : The CAD trades marginally lower on Thursday and trading around 1.2850 mark. The pair made intraday high at 1.2857 and low at 1.2830 mark. Today a day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above 1.2870 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2832 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 | 1.2870 | S1 | 1.2832 |
R2 | 1.2890 | S2 | 1.2815 |
R3 | 1.2915 | S3 | 1.2790 |
R4 | 1.2940 | S4 | 1.2765 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1.2864 | Sell Below : 1.2825 | ||
– Take Profit : 1.2897 | – Take Profit : 1.2798 | ||
– Stop Loss : 1.2832 | – Stop Loss : 1.2854 |
USD / JPY
Commentary : The Japanese yen falls noticeably against U.S. dollar and jumps back above 114.00 mark. The pair made intraday high at 114.24 and low at 113.96 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 114.26 on H1 chart requires for the upside rally. Alternatively, a consistent close below 113.89 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 | 114.26 | S1 | 113.89 |
R2 | 114.58 | S2 | 113.65 |
R3 | 114.76 | S3 | 113.50 |
R4 | 114.99 | S4 | 113.12 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 114.26 | Sell Below : 113.87 | ||
– Take Profit : 114.52 | – Take Profit : 113.63 | ||
– Stop Loss : 113.96 | – Stop Loss : 114.13 |
GOLD
Commentary : The Gold remained highly volatile in previous session and gave around $30+ volatility. Today pair made intraday high at $1,784 and low at $1,775 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $1,784 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,772 will check further supports. U.S. Calendar is busy for the day too. | |||
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 | 1767 |
R3 | 1794 | S3 | 1762 |
R4 | 1799 | S4 | 1757 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1784 | Sell Below : 1778 | ||
– Take Profit : 1789 | – Take Profit : 1772 | ||
– Stop Loss : 1779 | – Stop Loss : 1783 |

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.