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DAILY ANALYSIS REPORT JANUARY 13 2022

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+1 7754 366 970
analysis@tpglobalfx.com
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13 January 2022
Daily Analysis Report
+1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: U.S. dollar weakens sharply against major peers despite robust U.S....
AUD / USD
BUY SELL
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JANUARY,
2022
Technical Summary
Trend Up Trend
Moving Average ...
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DAILY ANALYSIS REPORT JANUARY 13 2022

  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 13 January 2022 Daily Analysis Report
  2. 2. +1 7754 366 970 analysis@tpglobalfx.com Asian Bulle n: U.S. dollar weakens sharply against major peers despite robust U.S. Infla on Results, Asian stock markets mixed, gold stabilizes above $1,820 mark Key Headlines: • U.S. Federal Budget Balance stands at -21.3B vs -191.3B previous release. • New Zealand Building Consents stand at 0.6 pct vs -2.1 pct previous release. • Lael Brainard pledged in wri en remarks Wednesday to help the Federal Reserve fight a spike in infla on while s ll suppor ng the economic recovery — a tricky balancing act she would face if confirmed as the Fed’s No. 2 official – Sources. • Fed's Daly - Infla on is uncomfortably high. • Fed's Daly: Don't Want To Get Too Far Ahead On Calling Number Of Rate Increases. • Fed's Daly – I am really bullish about the economy. • Fed’s Daly - will take most of 2022 to get supply, demand back in balance. • Fed's Bullard - Four rate hikes in 2022 now appear to be on the table. • Fed's Bullard - In the face of high infla on, a rate hike in March is highly likely. • Fed's Bullard - The job market is as ght as anyone has ever seen it. • Fed's Bullard: This year, the unemployment rate is likely to fall below 3%. • The Central Bank of Iran (CBI) and the Ministry of Industries, Mining, and Trade have decided to allow businesses to make use of cryptocurrency to se le payments to foreign partners – Reuters. • Fed Chair Powell spoke about stablecoins, cryptocurrencies and the release of the central bank's report on CBDCs (central bank digital currencies) – Reuters. • Federal Chair Powell suggested that CBDCs and stablecoins could co-exist, without the former replacing the la er. He also assured that the Central bank’s long-awaited report on CBDCs was soon forthcoming – Reuters. • Fidelity Investments Canada has allocated a sec on of Bitcoin exposure to two of its All-in-One exchange-traded funds (ETFs): All-in-One Growth ETF and All- in-One Balanced ETF. These products would be available both as mutual funds and ETFs – Reuters. • Economists of the Interna onal Monetary Fund (IMF) have warned of ‘contagion’ risks in the increasingly linked crypto and stock markets – Reuters. • Argen na is facing a historic heat wave with temperatures soaring above 40 degrees Celsius, making the country for a while the ho est place on the planet, straining power grids and forcing residents to seeking sanctuary in the shade – Reuters. • China's central bank is set to unveil more easing steps to support slowing growth, though it will likely favor injec ng more cash into the economy than cu ng interest rates too aggressively, policy insiders and economists said – Reuters. Economic Data Ahead: • (0900 GMT/1430 IST) Italy Industrial Produc on, previous -0.6, expected 0.4. • (1330 GMT/1900 IST) U.S. PPI, previous 0.8, expected 0.4. • (1330 GMT/1900 IST) U.S. Core PPI, previous 0.7, expected 0.5. • (1330 GMT/1900 IST) U.S. Unemployment Claims Weekly, previous 207K, expected 199K. Economic Events Ahead: • (0900 GMT/1430 IST) Euro ECB Economic Bulle n. • (1500 GMT/2030 IST) U.S. FOMC Member Brainard Speaks. 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 95.00 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 JANUARY, 2022 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 0.7299 R2 S2 0.7315 R3 S3 0.7350 R4 Commentary S4 0.7376 Buy Above 0.7292 0.7315 0.7270 – Take Profit – Stop Loss Trade Idea Sell Below 0.7262 0.7230 0.7280 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 AUD/USD: The Aussie trades in narrow range and hovers around $0.7290 mark. Today pair made intraday high at $0.7287 and low at $0.7273 mark. A day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above $0.7292 on H1 chart requires for the upside rally.Alternatively, a consistent close below $0.7268 will check further supports. 0.7268 0.7250 0.7221 0.7202
  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 1.1456 R2 S2 1.1478 R3 S3 1.1510 R4 Commentary S4 1.1532 +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 EUR/USD: The Euro spiked up sharply in previous session after U.S. inflation results and hits highest level since Nov 15, 2021. The pair made intraday high at $1.1448 and low at $1.1435 mark. Today triple EMAon a day chart is down and H1 chart suggests up trend for the time being.Aconsistent close above $1.1450 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1420 on H1 chart will check further supports. EUR / USD 1.1420 1.1382 1.1365 1.1340 Buy Above 1.1454 1.1486 1.1430 – Take Profit – Stop Loss Trade Idea Sell Below 1.1425 1.1401 1.1447 – Take Profit – Stop Loss Trade Idea Trends Up Trend Moving Average (Period=75) Above MA RSI (Period=26) Above RSI LEVEL 50 JANUARY, 2022
  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 1.3722 R2 S2 1.3738 R3 S3 1.3765 R4 Commentary S4 1.3789 Buy Above 1.3722 1.3748 1.3695 – Take Profit – Stop Loss Trade Idea Sell Below 1.3688 1.3657 1.3715 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 GBP/USD: The sterling appreciated sharply in previous session and jumped back above $1.3700 mark. Today pair made intraday high at $1.3719 and low at $1.3696 mark. A day chart and H1 chart with triple EMAsuggest up trend for the time being.Asustained close above $1.3722 on H1 chart will check key resistances.Alternatively, a consistent close below $1.3680 will check further supports. USD 1.3680 1.3650 1.3621 1.3600 GBP/ Trends Up Trend Moving Average (Period=75) Above MA RSI (Period=26) Above RSI LEVEL 50 JANUARY, 2022
  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=75) Below MA H 1 RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1.2522 R2 S2 1.2547 R3 S3 1.2565 R4 Commentary S4 1.2590 Buy Above 1.2521 1.2540 1.2498 – Take Profit – Stop Loss Trade Idea Sell Below 1.2491 1.2456 1.2510 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/CAD: The CAD strengthened sharply and hits highest level since Nov 16, 2021. Pair made intraday high at 1.2510 and low at 1.2495 mark. Today a day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above 1.2522 on H1 chart requires for the upside rally.Alternatively, a consistent close below 1.2490 on H1 chart will check key supports too. USD /CAD 1.2490 1.2472 1.2455 1.2437 JANUARY, 2022
  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 Down Trend Moving Average (Period=75) Below MA H 1 RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT R1 S1 114.84 R2 S2 115.20 R3 S3 115.37 R4 Commentary S4 115.65 Buy Above 114.75 114.99 114.48 – Take Profit – Stop Loss Trade Idea Sell Below 114.37 114.00 114.58 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/JPY: The Japanese yen trades almost flat on Thursday and trading around 114.70 mark. The pair made intraday high at 114.70 and low at 114.59 mark. The triple EMAon a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above 114.84 on H1 chart requires for the upside rally. Alternatively, a consistent close below 114.38 on H1 chart will check further key supports. USD /JPY 114.38 114.15 113.82 113.62 JANUARY, 2022
  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 1832 R2 S2 1838 R3 S3 1844 R4 Commentary S4 1849 Buy Above 1828 1834 1824 – Take Profit – Stop Loss Trade Idea Sell Below 1822 1817 1827 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 XAU/USD (GOLD): The gold appreciated sharply in previous session despite higher than expected U.S. CPI data and touched $1,828 mark. Today pair made intraday high at $1,826 and low at $1,824 mark. A triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above $1,828 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,821 will check further supports. U.S. calendar is empty for the day. XAU [GOLD] USD / 1821 1816 1811 1804 JANUARY, 2022
  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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