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DAILY ANALYSIS REPORT AUGUST 11 2021
DAILY ANALYSIS REPORT AUGUST 11 2021
DAILY ANALYSIS REPORT AUGUST 11 2021
DAILY ANALYSIS REPORT AUGUST 11 2021
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DAILY ANALYSIS REPORT AUGUST 11 2021
DAILY ANALYSIS REPORT AUGUST 11 2021
DAILY ANALYSIS REPORT AUGUST 11 2021
DAILY ANALYSIS REPORT AUGUST 11 2021
DAILY ANALYSIS REPORT AUGUST 11 2021
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DAILY ANALYSIS REPORT AUGUST 11 2021

  1. +1 7754 366 970 analysis@tpglobalfx.com R E P O R T F R O M : T P G LO B A L F X 11 August 2021 Daily Analysis Report
  2. +1 7754 366 970 analysis@tpglobalfx.com Asian Bulle n: U.S. dollar strengthens sharply against major peers, Asian stock markets mixed, gold remains well supported above $1,730 mark ahead of U.S. In๏ฌ‚a on Results Key Headlines: โ€ข Japan M2 money stock stands at 5.2 pct vs 5.8 pct previous release. โ€ข Australia Westpac Consumer Sen ment stands at -4.4 pct vs 1.5 pct previous release. โ€ข Wall Street rose on Tuesday, with both the blue-chip Dow and benchmark S&P 500 closing at record highs, as economically sensi ve value stocks gained with the U.S. Senate's passage of a $1 trillion bipar san infrastructure package โ€“ Reuters. โ€ข Global payments giant JPMorgan Chase & Co (JPM.N) has launched a real- me payments op on that it hopes will increase its edge in the ๏ฌnancial industry's ba le to handle more of the surging volumes of global digital payments โ€“ Reuters. โ€ข Shares of P๏ฌzer Inc hit a record high on Tuesday for the ๏ฌrst me in more than 20 years as shares of COVID-19 vaccine makers have surged amid rising coronavirus cases in the United States โ€“ Reuters. โ€ข The U.S. dollar edged up on Tuesday, touching a more than four-month high against the euro, as investors speculated further over whether recent strong jobs data could push the Federal Reserve to soon start tapering its bond-buying program โ€“ Reuters. Economic Data Ahead: โ€ข (0600 GMT/1130 IST) German Final CPI, previous 0.9, expected 0.9. โ€ข (0600 GMT/1130 IST) Japan Prelim Machine Tool Order, previous 96.6. โ€ข (1230 GMT/1800 IST) U.S. CPI, previous 0.9, expected 0.5. โ€ข (1230 GMT/1800 IST) U.S. Core CPI, previous 0.9, expected 0.4. Economic Events Ahead: โ€ข (1430 GMT/2000 IST) U.S. FOMC Member Bos c Speaks. Major FX Pair Trend: USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.01% to 93.05 points.
  3. AUD / USD BUY SELL R E P O R T F R O M : T P G LO B A L F X AUGUST, 2 021 Technical Summary Trend Down Trend Moving Average (Period=75) Below MA H 1 RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT R1 S1 0.7350 R2 S2 0.7370 R3 S3 0.7405 R4 Commentary S4 0.7422 Buy Above 0.7350 0.7374 0.7328 โ€“ Take Profit โ€“ Stop Loss Trade Idea Sell Below 0.7322 0.7301 0.7347 โ€“ Take Profit โ€“ Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 AUD/USD: The Aussie trades almost ๏ฌ‚at and consolidates around $0.7340 mark. It made intraday high at $0.7349 and low at $0.7334 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $0.7350 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7322 will check further supports. 0.7322 0.7302 0.7280 0.7258
  4. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary H 1 FIBO Levels PIVOT R1 S1 1.1740 R2 S2 1.7772 R3 S3 1.1798 R4 Commentary S4 1.1832 +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 EUR/USD: The Euro weakens drastically in previous session and currently trading around $1.1720 mark. Today pair made intraday high at $1.1725 and low at $1.1711. Today triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1738 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1710 on H1 chart will check further supports. EUR / USD 1.1706 1.1682 1.1657 1.1632 Buy Above 1.1742 1.1767 1.1712 โ€“ Take Profit โ€“ Stop Loss Trade Idea Sell Below 1.1705 1.1676 1.1729 โ€“ Take Profit โ€“ Stop Loss Trade Idea Trends Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 AUGUST, 2 021
  5. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary H 1 FIBO Levels PIVOT R1 S1 1.3857 R2 S2 1.3890 R3 S3 1.3925 R4 Commentary S4 1.3962 Buy Above 1.3850 1.3874 1.3823 โ€“ Take Profit โ€“ Stop Loss Trade Idea Sell Below 1.3817 1.3791 1.3841 โ€“ Take Profit โ€“ Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 GBP/USD: The sterling depreciates gradually against U.S. dollar and hovers around $1.3830 mark. Today pair made intraday high at $1.3840 and low at $1.3819 mark. A day chart and H1 chart with triple EMAsuggests bearish trend for the time being.Asustained close above $1.3840 on H1 chart will check key resistances.Alternatively, a consistent close below $1.3820 will check further supports. USD 1.3820 1.3801 1.3776 1.3747 GBP/ Trends Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 AUGUST, 2 021
  6. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary Trends Down Trend Moving Average (Period=75) Below MA H 1 RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1.2550 R2 S2 1.2590 R3 S3 1.2626 R4 Commentary S4 1.2648 Buy Above 1.2540 1.2567 1.2516 โ€“ Take Profit โ€“ Stop Loss Trade Idea Sell Below 1.2513 1.2489 1.2533 โ€“ Take Profit โ€“ Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/CAD: The Canadian dollar remains almost unchanged on Wednesday and trading around 1.2530 mark. Today pair made intraday high at 1.2531 and low at 1.2516 mark. Today a day chart is up but H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above 1.2550 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2517 on H1 chart will check key supports too. USD /CAD 1.2510 1.2490 1.2471 1.2438 AUGUST, 2 021
  7. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary Trend Up Trend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 110.76 R2 S2 111.06 R3 S3 111.37 R4 Commentary S4 111.62 Buy Above 110.72 110.94 110.46 โ€“ Take Profit โ€“ Stop Loss Trade Idea Sell Below 110.34 110.10 110.68 โ€“ Take Profit โ€“ Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/JPY: The Japanese yen depreciates on Wednesday and touches 110.68 mark in Asian hours. The pair made intraday high at 110.68 and low at 110.45 mark. The triple EMA on a day chart and H1 chart suggests up trend for the time being. A sustained close above 110.76 on H1 chart requires for the upside rally.Alternatively, a consistent close below 110.32 on H1 will check further key supports USD /JPY 110.32 110.10 109.72 109.40 AUGUST, 2 021
  8. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary Trends Up Trend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1738 R2 S2 1742 R3 S3 1748 R4 Commentary S4 1754 Buy Above 1741 1747 1734 โ€“ Take Profit โ€“ Stop Loss Trade Idea Sell Below 1722 1716 1728 โ€“ Take Profit โ€“ Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 XAU/USD (GOLD): Gold moves in sti๏ฌ€ boundaries ahead of U.S. in๏ฌ‚ation results and hovers around $1,730 mark. Today pair made intraday high at $1,735 and low $1,724 mark.Aday chart and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1,740 on H1 chart requires for the upside rally.Alternatively, a consistent close below $1,721 will check further supports. XAU [GOLD] USD / 1721 1715 1711 1704 AUGUST, 2 021
  9. Thank you! Info@tpglobalfx.com www.tpglobalfx.com R E P O R T F R O M : T P G L O B A L F X /tpglobalfx /tpglobalfx /tpglobalfx /tpglobalfx 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 ๏ฌnancial advice if necessary. The content on this website does not constitute ๏ฌnancial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current ๏ฌnancial 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 โ€“ 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. Disclamer: Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note
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