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DAILY ANALYSIS REPORT JANUARY 26 2022

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+1 7754 366 970
analysis@tpglobalfx.com
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26 January 2022
Daily Analysis Report
+1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: U.S. dollar trades almost flat against major peers ahead of U.S. FOM...
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 26 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 26 January 2022 Daily Analysis Report
  2. 2. +1 7754 366 970 analysis@tpglobalfx.com Asian Bulle n: U.S. dollar trades almost flat against major peers ahead of U.S. FOMC Interest Rate Decision, most Asian stock markets in green, gold hovers around $1,848 mark Key Headlines: • Australian and Indian banks will be closed in observance of Australia Day and Republic Day respec vely. • Japan SPPI (Services Producer Price Index) remains unchanged at 1.1 pct. • U.S. stocks gyrated in a ernoon trading to close lower with interest rate sensi ve tech stocks weighing most heavily as uncertain es surrounding an increasingly hawkish Federal Reserve and rising geopoli cal tensions contributed to the market's churn – Reuters. • The 190-country lending agency IMF now forecasts the global economy will expand 4.4% in 2022. That’s down from an es mated 5.9% last year and from the 4.9% the IMF was forecas ng for 2022 back in October. • American compe veness is at stake as Congress considers whether to support a global tax accord that imposes minimum levies and stricter regula ons on corpora ons, according to a top U.S. Treasury official – BNN Bloomberg. • IMF Chief Economist Gopinath - Federal Reserve must remain data-driven. • IMF Chief Economist Gopinath – Euro zone infla on will likely rise for mul ple quarters before easing toward ECB's target by year-end. • IMF Chief Economist Gopinath - Escala on In Russia - Ukraine Conflict Could Lead To 'Bigger, Broad-Based Increase In Commodity Prices'. • U.S. House of Representa ves leaders are set to unveil as soon as later on Tuesday a bill to increase U.S. compe veness with China and boost federal spending on semiconductors, aides told Reuters – Reuters. • Signaling U.S. President Joe Biden's picks for the Federal Reserve may face a tough confirma on process in the closely divided Senate, Republican Senator Pat Toomey told the president he doesn't think his choices fairly represent the na on for which they will help set monetary policy. – Reuters. • Bank of America Corp is bringing employees back to offices in parts of the United States where new COVID-19 cases have started to decline, a person familiar with the ma er told Reuters on Tuesday – Reuters. • German lawmakers are due to debate introducing a bill making vaccina on against COVID-19 mandatory. The idea is facing resistance from poli cians as well as ordinary Germans – Reuters. • U.S. financial contribu ons to the World Health Organiza on (WHO) have fallen by 25% during the coronavirus pandemic, provisional data show, with Washington's future support to the United Na ons agency under review – Reuters. • The Omicron variant appears to result in less severe COVID-19 than seen during previous periods of high coronavirus transmission including the Delta wave, with shorter hospital stays, less need for intensive care and fewer deaths, according to a new U.S. study – Reuters. • The Dutch government will further ease COVID-19 restric ons despite record numbers of coronavirus infec ons, with restaurants, bars and theatres allowed to re-open star ng Wednesday, Prime Minister Mark Ru e said on Tuesday – Reuters. • Johnson & Johnson on Tuesday forecast as much as $3.5 billion in sales of its COVID-19 vaccine in 2022, a 46% jump for the shot that has fared poorly compared to rivals, and said it would take a more aggressive stance on deals for its medical device unit – Reuters. • The U.S. Federal Reserve could resort to outright asset sales to reduce its balance sheet as part of plans to fight unabated infla on, a Credit Suisse analyst said in a report – Reuters. • Worries over a more hawkish Federal Reserve are roiling asset markets around the globe, and this week's monetary policy mee ng may offer insight into how aggressive the central bank intends to be – Reuters. Economic Data Ahead: • (0900 GMT/1430 IST) Swiss Credit Suisse Economic Expecta ons, previous 0.0. • (1330 GMT/1900 IST) U.S. Goods Trade Balance, previous -98.0B, expected -96.1B. • (1500 GMT/2030 IST) Canada BoC Interest Rate Decision, previous 0.25, expected 0.25. • (1500 GMT/2030 IST) U.S. New Home Sales, previous 744K, expected 759K. • (1900 GMT/0030 IST) U.S. FOMC Interest Rate decision, previous 0.25, expected 0.25. Economic Events Ahead: • (1600 GMT/2130 IST) Canada BoC Press Conference. • (1930 GMT/0100 IST) U.S. FOMC Press Conference. Major FX Pair Trend: USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.03% to 95.92 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 0.7170 R2 S2 0.7190 R3 S3 0.7221 R4 Commentary S4 0.7240 Buy Above 0.7170 0.7200 0.7147 – Take Profit – Stop Loss Trade Idea Sell Below 0.7140 0.7109 0.7165 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 AUD/USD: The Aussie moves in stiff boundaries as Australian banks will be closed in observance of Australia Day. Today pair made intraday high at $0.7165 and low at $0.7144 mark.Aday chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $0.7170 on H1 chart requires for the upside rally.Alternatively, a consistent close below $0.7130 will check further supports. 0.7140 0.7122 0.7102 0.7080
  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 1.1330 R2 S2 1.1350 R3 S3 1.1378 R4 Commentary S4 1.1401 +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 EUR/USD: The Euro rises slightly during Asian hours and jumps back above $1.1300 mark. The pair made intraday high at $1.1310 and low at $1.1293 mark. Today triple EMAon a day chart and H1 chart suggest bearish trend for the time being. A consistent close above $1.1330 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1290 on H1 chart will check further supports. EUR / USD 1.1290 1.1262 1.1255 1.1218 Buy Above 1.1318 1.1350 1.1292 – Take Profit – Stop Loss Trade Idea Sell Below 1.1289 1.1262 1.1310 – 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 1.3525 R2 S2 1.3540 R3 S3 1.3572 R4 Commentary S4 1.3599 Buy Above 1.3525 1.3556 1.3499 – Take Profit – Stop Loss Trade Idea Sell Below 1.3484 1.3452 1.3518 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 GBP/USD: The sterling remains volatile duringAsian hours and hovers around $1.3500 mark. Today pair made intraday high at $1.3520 and low at $1.3484 mark.Aday chart and H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above $1.3525 on H1 chart will check key resistances.Alternatively, a consistent close below $1.3482 will check further supports. USD 1.3482 1.3450 1.3412 1.3400 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 Up Trend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1.2626 R2 S2 1.2660 R3 S3 1.2686 R4 Commentary S4 1.2702 Buy Above 1.2630 1.2672 1.2602 – Take Profit – Stop Loss Trade Idea Sell Below 1.2596 1.2560 1.2621 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/CAD: The CAD starts a new day on a positive note ahead of Bank of Canada’s Interest Rate Decision and hovers around 1.2600 mark. Pair made intraday high at 1.2630 and low at 1.2599 mark. Today a day chart is down and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2626 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2599 on H1 chart will check key supports too. USD /CAD 1.2599 1.2570 1.2550 1.2510 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 114.01 R2 S2 114.30 R3 S3 114.50 R4 Commentary S4 114.77 Buy Above 114.01 114.30 113.78 – Take Profit – Stop Loss Trade Idea Sell Below 113.70 113.50 113.95 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/JPY: The Japanese yen remains almost unchanged despite robust SPPI results and stabilizes below 114.00 mark. The pair made intraday high at 113.92 and low at 113.77 mark. The triple EMAon a day chart and H1 chart suggests bearish trend for the time being.Asustained close above 114.01 on H1 chart requires for the upside rally. Alternatively, a consistent close below 113.72 on H1 chart will check further key supports. USD /JPY 113.72 113.57 113.38 113.12 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 1854 R2 S2 1860 R3 S3 1864 R4 Commentary S4 1871 Buy Above 1855 1867 1847 – Take Profit – Stop Loss Trade Idea Sell Below 1842 1827 1848 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 XAU/USD (GOLD): The gold trades flat ahead of U.S. FOMC Interest rate decision and remains well supported above $1,840 mark. Today pair made intraday high at $1,850 and low at $1,846 mark. A triple EMA on a day chart and H1 chart suggest up trend for the time being. A sustained close above $1,852 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,831 will check further supports. XAU [GOLD] USD / 1842 1837 1831 1826 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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