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DAILY ANALYSIS REPORT DECEMBER 14 2021

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+1 7754 366 970
analysis@tpglobalfx.com
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14 December 2021
Daily Analysis Report
+1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: Aussie falls sharply a er NAB Business Confidence Results, Asian Sto...
AUD / USD
BUY SELL
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DECEMBER,
2021
Technical Summary
Trend Down Trend
Moving Avera...
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DAILY ANALYSIS REPORT DECEMBER 14 2021

  1. 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 14 December 2021 Daily Analysis Report
  2. 2. +1 7754 366 970 analysis@tpglobalfx.com Asian Bulle n: Aussie falls sharply a er NAB Business Confidence Results, Asian Stock Markets in Red, gold remains well supported below $1,790 mark Key Headlines: • New Zealand FPI stands at -0.6 pct vs -0.9 pct previous release. • Australia NAB Business Confidence stands at 12 vs 20 previous release. • Wall Street ended lower on Monday, with shares of Carnival Corp and several airlines tumbling as investors worried about the Omicron coronavirus variant ahead of a Federal Reserve mee ng later this week – Reuters. • Global stock markets fell and the dollar gained ground on Monday as investors weighed new concerns over the Omicron variant and waited for news from a host of central bank mee ngs this week – Reuters. • Wall Street fell from record highs on Monday, with shares of Carnival Corp and several airlines tumbling as investors worried about the Omicron coronavirus variant ahead of a Federal Reserve mee ng later this week – Reuters. • The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be cer fied by peer review – Reuters. • COVID-19 cases in Canada may rapidly rise in the coming days due to community spread of the Omicron variant, Canada's top health official said on Monday – Reuters. • Lebanon’s na onal currency further collapsed Monday, trading on the black market at nearly 20 mes its value two years ago, worsening infla on and people’s despair – apnews. • Bank of Canada (BoC) - Bank of Canada renews 2% infla on target, 1% - 3% control band. • BoC - Bank will use a broad set of monetary policy tools to deal with the likelihood that the bank's policy rate will be at its lowest possible rate more o en than not, given the circumstances at the me. • BoC - Because neutral interest rates are likely to be lower than in the past, Central Banks will have less room to lower policy rates in the event of a shock. • BoC - The Bank of Canada is to use control band for maximum employment if warranted. • The Finance Ministers of the Group of Seven major economies pledged greater coopera on to fix global supply chain issues that have caused shortages and led to a surge in infla on – BNN Bloomberg. Economic Data Ahead: • (0700 GMT/1230 IST) U.K. Claimant Count Change, previous -14.9K, expected -31.5K. • (0700 GMT/1230 IST) U.K. Unemployment Rate, previous 4.3, expected 4.2. • (0730 GMT/1300 IST) Swiss PPI, previous 0.6, expected 0.5. • (1000 GMT/1530 IST) Euro Industrial Produc on, previous -0.2, expected 1.2. • (1330 GMT/1900 IST) U.S. PPI, previous 0.6, expected 0.5. • (1330 GMT/1900 IST) U.S. Core PPI, Previous 0.4, expected 0.4. Economic Events Ahead: • No key events scheduled for the day. Major FX Pair Trend: USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.09% to 96.41 points.
  3. 3. AUD / USD BUY SELL R E P O R T F R O M : T P G LO B A L F X DECEMBER, 2021 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 0.7140 R2 S2 0.7178 R3 S3 0.7199 R4 Commentary S4 0.7222 Buy Above 0.7140 0.7171 0.7114 – Take Profit – Stop Loss Trade Idea Sell Below 0.7087 0.7062 0.7121 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 AUD/USD: 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. 0.7086 0.7062 0.7040 0.7012
  4. 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 1.1287 R2 S2 1.1320 R3 S3 1.1350 R4 Commentary S4 1.1376 +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 EUR/USD: 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.Aconsistent 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. EUR / USD 1.1262 1.1238 1.1221 1.1197 Buy Above 1.1290 1.1315 1.1271 – Take Profit – Stop Loss Trade Idea Sell Below 1.1260 1.1238 1.1286 – Take Profit – Stop Loss Trade Idea Trends Up Trend Moving Average (Period=75) Above MA RSI (Period=26) Above RSI LEVEL 50 DECEMBER, 2021
  5. 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 1.3218 R2 S2 1.3240 R3 S3 1.3278 R4 Commentary S4 1.3299 Buy Above 1.3218 1.3247 1.3196 – Take Profit – Stop Loss Trade Idea Sell Below 1.3185 1.3161 1.3209 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 GBP/USD: 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.Aday 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. USD 1.3186 1.3165 1.3150 1.3126 GBP/ Trends Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 DECEMBER, 2021
  6. 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 UpTrend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1.2840 R2 S2 1.2866 R3 S3 1.2888 R4 Commentary S4 1.2915 Buy Above 1.2840 1.2872 1.2815 – Take Profit – Stop Loss Trade Idea Sell Below 1.2798 1.2762 1.2822 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/CAD: 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 EMAsuggest up trend for the time being.Asustained 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. USD /CAD 1.2790 1.2772 1.2750 1.2732 DECEMBER, 2021
  7. 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 113.76 R2 S2 113.91 R3 S3 114.26 R4 Commentary S4 114.58 Buy Above 113.72 113.99 113.42 – Take Profit – Stop Loss Trade Idea Sell Below 113.30 113.03 113.51 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/JPY: 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.Asustained 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. USD /JPY 113.30 112.90 112.62 112.37 DECEMBER, 2021
  8. 8. BUY SELL R E P O R T F R O M : T P G LO B A L F X 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 1794 R2 S2 1799 R3 S3 1804 R4 Commentary S4 1809 Buy Above 1791 1797 1786 – Take Profit – Stop Loss Trade Idea Sell Below 1784 1778 1788 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 XAU/USD (GOLD): 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.Aday chart is down and H1 chart with triple EMAsuggests 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. XAU [GOLD] USD / 1778 1772 1764 1758 DECEMBER, 2021
  9. 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 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. 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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