Successfully reported this slideshow.
Your SlideShare is downloading. ×

Daily Analysis Report February 15, 2021

Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
+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
15 February, 2021
Daily Analysis Report
+1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: Aussie strengthens sharply ahead of RBA’s Monetary Policy Mee ng Mi...
AUD / USD
BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
FEBRUARY,
2
021
Technical Summary
Trends Up Trend
Moving Avera...
Advertisement
Loading in …3
×

Check these out next

1 of 9 Ad

More Related Content

Slideshows for you (20)

Advertisement

More from TPGlobalFX (20)

Recently uploaded (20)

Advertisement

Daily Analysis Report February 15, 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 15 February, 2021 Daily Analysis Report
  2. 2. +1 7754 366 970 analysis@tpglobalfx.com Asian Bulle n: Aussie strengthens sharply ahead of RBA’s Monetary Policy Mee ng Minutes due tomorrow, Asian stock markets in green, gold trades flat at $1,822 mark Key Headlines: • U.S., Hong Kong, Canada, Brazil and China Banks will be closed for the day. • Japan prelim GDP price index stands at 0.2 pct vs 1.2 pct previous release (expected 0.5). • Japan prelim GDP q/q stands at 3.0 pct vs 5.3 pct previous release (expected 2.4). • U.K. HPI stands at 0.5 pct vs -0.9 pct previous release. • South Korea trade balance stands at 3.76B vs 6.94B previous release. • Peru's foreign minister resigns over coronavirus vaccine scandal – Reuters. • Brazil has confirmed cases of the U.K. variant of the novel coronavirus in two states. • Japan’s Nikkei soars above the 30,000 level for the first me in more than 30 years on Monday. • U.S. President Joe Biden has scheduled his first event with other leaders from G7 due on Friday (Feb 19) to discuss the coronavirus pandemic, the world economy and dealing with China. • Oil prices climb on fears of Saudi - led coali on figh ng in Yemen, hits highest level more than a year. Economic Data Ahead: • (1000 GMT/1530 IST) Euro Industrial Produc on, previous 2.5, expected -0.4. • (1000 GMT/1530 IST) Euro Trade balance, previous 25.1B, expected 22.3B. • (1330 GMT/1900 IST) Canada manufacturing Sales, previous -0.6, expected 0.2. Economic Events Ahead: • All day – Eurogroup Mee ngs. Major FX Pair Trend: USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.17% to 90.33 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 FEBRUARY, 2 021 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 0.7799 R2 S2 0.7820 R3 S3 0.7878 R4 Commentary S4 0.7940 Buy Above 0.78023 0.78236 0.77858 – Take Profit – Stop Loss Trade Idea Sell Below 0.77556 0.77300 0.77834 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 AUD/USD: The Aussie strengthens noticeably against U.S. dollar and touches $0.7785 mark in Asian hours. The triple EMA and RSI confirm the upside trend in short as well as long run. On the top side, key resistance is seen at $0.7799 mark, a sustained close above will drag the parity towards key resistances. Alternatively, reversal from key resistance will result in to downside rally. RBA has scheduled to release Monetary Policy Meeting Minutes due tomorrow. It may provide further direction to the parity 0.7755 0.7690 0.7638 0.7590
  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 1.2143 R2 S2 1.2170 R3 S3 1.2224 R4 Commentary S4 1.2262 +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 EUR/USD: The euro continues to trade in stiff boundaries and stabilizes above $1.21 mark. The H1 chart confirms the bullish trend but on a Day Chart, the parity is still suggesting sideways movement for the time being. Key boundaries for the parity will be $1.2143 to $1.2100 mark. A consistent break of either side on H1 chart will provide further directions to the parity. EUR / USD 1.2100 1.2044 1.1961 1.1900 FEBRUARY, 2 021 Buy Above 1.21469 1.21715 1.21222 – Take Profit – Stop Loss Trade Idea Sell Below 1.21118 1.20842 1.21474 – Take Profit – Stop Loss Trade Idea Trends Up Trend Moving Average (Period=75) Above MA RSI (Period=26) Above RSI LEVEL 50
  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 Trends Up Trend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1.3944 R2 S2 1.3967 R3 S3 1.4001 R4 Commentary S4 1.4040 Buy Above 1.39452 1.39989 1.38945 – Take Profit – Stop Loss Trade Idea Sell Below 1.38471 1.38033 1.38990 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 GBP/USD: The pound soars and touches $1.3902 mark in early Asia, highest level since April 2018. Technical indicators like triple EMA and RSI confirm the bullish trend for the time being. The key range for the parity will be $1.3944 mark to $1.3845 mark. A successful close of either side on a H1 Chart will provide further direction to the parity. USD 1.3845 1.3767 1.3738 1.3640 FEBRUARY, 2 021 GBP/
  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 Down Trend Moving Average (Period=75A) Below MA H 1 RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1.2730 R2 S2 1.2751 R3 S3 1.2783 R4 Commentary S4 1.2856 Buy Above 1.27051 1.27300 1.26776 – Take Profit – Stop Loss Trade Idea Sell Below 1.26583 1.26328 1.26886 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/CAD: The Canadian dollar trades marginally higher on Monday and remains well supported below 1.27 mark. A day chart and H1 chart confirm the bearish trend in short run. A sustained close below 1.2629 requires for the downside rally. Alternatively, reversal from here will drag the parity back above 1.2750 mark. USD /CAD 1.2629 1.2600 1.2570 1.2526 FEBRUARY, 2 021
  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 Trends Up Trend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 105.22 R2 S2 105.68 R3 S3 106.02 R4 Commentary S4 106.50 Buy Above 105.280 105.502 105.044 – Take Profit – Stop Loss Trade Idea Sell Below 104.853 104.605 105.107 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/JPY: The Japanese yen starts a new week on a negative note and jumps back above 105.00 mark. The pair signals the bullish trend on a Day as well as H1 chart via triple EMA and RSI. On H1 chart, immediate resistance is seen at 105.22 mark; a consistent close above requires for the upside rally. On the bottom side, a sustained break below 104.70 will test further supports. USD /JPY 104.70 104.22 103.60 102.92 FEBRUARY, 2 021
  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 Trends Down Trend Moving Average (Period=75) Below MA H 1 RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1832 R2 S2 1840 R3 S3 1848 R4 Commentary S4 1854 Buy Above 1830.23 1836.55 1824.81 – Take Profit – Stop Loss Trade Idea Sell Below 1817.58 1809.29 1826.05 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 XAU/USD (GOLD): Gold trades marginally lower on Monday and hovers around $1,820 mark. The pair made intraday high at $1,827 and low at $1,820 mark. As U.S. is having bank holiday for the day, gold will be less volatile. The key boundaries for the parity will be $1,832 to $1,815 mark. A consistent close of either side on H1 chart will only provide further direction to the parity. The Day as well as H1 chart suggesting the bearish trend for the time being. XAU [GOLD] USD / 1815 1807 1798 1785 FEBRUARY, 2 021
  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

×