DAILY ANALYSIS REPORT JANUARY 20 2022
AUD / USD
Commentary : The Aussie strengthens on Thursday on higher than expected Employment Change results and touches $0.7256 mark in early Asia. Today pair made intraday high at $0.7256 and low at $0.7206 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7240 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7202 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 | 0.7276 | S1 | 0.7202 |
R2 | 0.7299 | S2 | 0.7172 |
R3 | 0.7318 | S3 | 0.7155 |
R4 | 0.7350 | S4 | 0.7130 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 0.7250 | Sell Below : 0.7220 | ||
– Take Profit : 0.7280 | – Take Profit : 0.7189 | ||
– Stop Loss : 0.7222 | – Stop Loss : 0.7242 |
EUR / USD
Commentary : The Euro recovers from previous losses and remains well supported around $1.1350 mark ahead of ECB’s Monetary Policy Meeting Accounts. The pair made intraday high at $1.1365 and low at $1.1340 mark. Today triple EMA on a day chart and H1 chart suggests down trend for the time being. A consistent close above $1.1360 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1330 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 | 1.1378 | S1 | 1.1330 |
R2 | 1.1405 | S2 | 1.1312 |
R3 | 1.1426 | S3 | 1.1276 |
R4 | 1.1454 | S4 | 1.1255 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1.1365 | Sell Below : 1.1340 | ||
– Take Profit : 1.1388 | – Take Profit : 1.1318 | ||
– Stop Loss : 1.1342 | – Stop Loss : 1.1360 |
GBP / USD
Commentary : The sterling starts a new day on appositive note and jumps back above $1.3600 mark. Today pair made intraday high at $1.3635 and low at $1.3601 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1.3643 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3600 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 | 1.3650 | S1 | 1.3600 |
R2 | 1.3672 | S2 | 1.3577 |
R3 | 1.3699 | S3 | 1.3550 |
R4 | 1.3724 | S4 | 1.3518 |
BUY | SELL | ||
![]() | ![]() | ||
Buy Above : 1.3640 | Sell Below : 1.3602 | ||
– Take Profit : 1.3662 | – Take Profit : 1.3577 | ||
– Stop Loss : 1.3611 | – Stop Loss : 1.3630 |
USD / CAD
Commentary : The CAD exhibits range bound movement and consolidates around 1.2500 mark. Pair made intraday high at 1.2516 and low at 1.2492 mark. Today a day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above 1.2530 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2460 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 | 1.2530 | S1 | 1.2472 |
R2 | 1.2565 | S2 | 1.2455 |
R3 | 1.2590 | S3 | 1.2425 |
R4 | 1.2626 | S4 | 1.2397 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1.2530 | Sell Below : 1.2483 | ||
– Take Profit : 1.2555 | – Take Profit : 1.2450 | ||
– Stop Loss : 1.2502 | – Stop Loss : 1.2515 |
USD / JPY
Commentary : The Japanese yen rises in early Asian hours after robust trade balance data and hovers around 114.30 mark. The pair made intraday high at 114.41 and low at 114.02 mark. The triple EMA on a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above 114.50 on H1 chart requires for the upside rally. Alternatively, a consistent close below 114.12 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 | 114.50 | S1 | 114.12 |
R2 | 114.74 | S2 | 113.91 |
R3 | 115.00 | S3 | 113.70 |
R4 | 115.38 | S4 | 113.37 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 114.50 | Sell Below : 114.10 | ||
– Take Profit : 114.76 | – Take Profit : 113.78 | ||
– Stop Loss : 114.21 | – Stop Loss : 114.37 |
GOLD
Commentary : The gold spiked up drastically in previous session after Biden’s comment for tightening Monetary Policy and touches $1,844 mark. Today pair made intraday high at $1,844 and low at $1,838 mark. A triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above $1,842 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,832 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 | 1849 | S1 | 1837 |
R2 | 1854 | S2 | 1832 |
R3 | 1860 | S3 | 1827 |
R4 | 1864 | S4 | 1821 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1846 | Sell Below : 1834 | ||
– Take Profit : 1852 | – Take Profit : 1827 | ||
– Stop Loss : 1841 | – Stop Loss : 1839 |

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.