DAILY ANALYSIS REPORT JANUARY 24 2022
AUD / USD
Commentary : The Aussie remains almost unchanged after Flash PMI results and hovers around $0.7170 mark. Today pair made intraday high at $0.7187 and low at $0.7171 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $0.7190 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7172 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 | 0.7190 | S1 | 0.7172 |
R2 | 0.7221 | S2 | 0.7155 |
R3 | 0.7240 | S3 | 0.7140 |
R4 | 0.7265 | S4 | 0.7115 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 0.7190 | Sell Below : 0.7165 | ||
– Take Profit : 0.7220 | – Take Profit : 0.7138 | ||
– Stop Loss : 0.7168 | – Stop Loss : 0.7185 |
EUR / USD
Commentary : The Euro trades marginally lower ahead of Eurozone’s Flash PMI results and stabilizes below $1.1350 mark. The pair made intraday high at $1.1345 and low at $1.1327 mark. Today triple EMA on a day chart and H1 chart suggest down trend for the time being. A consistent close above $1.1350 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1300 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 | 1.1350 | S1 | 1.1300 |
R2 | 1.1378 | S2 | 1.1276 |
R3 | 1.1405 | S3 | 1.1255 |
R4 | 1.1426 | S4 | 1.1218 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1.1350 | Sell Below : 1.1318 | ||
– Take Profit : 1.1376 | – Take Profit : 1.1290 | ||
– Stop Loss : 1.1322 | – Stop Loss : 1.1342 |
GBP / USD
Commentary : The sterling starts a new day on a higher note and hovers around $1.3550 mark. Today pair made intraday high at $1.3565 and low at $1.3542 mark. A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1.3572 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3538 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 | 1.3572 | S1 | 1.3538 |
R2 | 1.3599 | S2 | 1.3512 |
R3 | 1.3618 | S3 | 1.3490 |
R4 | 1.3640 | S4 | 1.3465 |
BUY | SELL | ||
![]() | ![]() | ||
Buy Above : 1.3570 | Sell Below : 1.3538 | ||
– Take Profit : 1.3599 | – Take Profit : 1.3510 | ||
– Stop Loss : 1.3541 | – Stop Loss : 1.3565 |
USD / CAD
USD / JPY
Commentary : The Japanese yen trades marginally lower as Japan’s Flash Manufacturing PMI data misses expectations. The pair made intraday high at 113.94 and low at 113.61 mark. The triple EMA on a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above 114.00 on H1 chart requires for the upside rally. Alternatively, a consistent close below 113.57 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 | 114.00 | S1 | 113.57 |
R2 | 114.30 | S2 | 113.38 |
R3 | 114.50 | S3 | 113.12 |
R4 | 114.77 | S4 | 112.90 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 114.00 | Sell Below : 113.70 | ||
– Take Profit : 114.30 | – Take Profit : 113.40 | ||
– Stop Loss : 113.72 | – Stop Loss : 113.94 |
GOLD
Commentary : The gold starts a new week on a positive note and remains well supported above $1,830 mark. Today pair made intraday high at $1,837 and low at $1,832 mark. A triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above $1,841 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,830 will check further supports. U.S. Flash PMI data will remain in focus. | |||
Indicators | H1 | ||
Trends | Up Trend | ||
Moving Average (Period=75) | Above MA | ||
RSI (Period=26) | Above RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 1841 | S1 | 1832 |
R2 | 1847 | S2 | 1827 |
R3 | 1854 | S3 | 1821 |
R4 | 1860 | S4 | 1815 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1840 | Sell Below : 1832 | ||
– Take Profit : 1846 | – Take Profit : 1825 | ||
– Stop Loss : 1835 | – Stop Loss : 1837 |

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.