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DAILY ANALYSIS REPORT JULY 09 2021
DAILY ANALYSIS REPORT JULY 09 2021
DAILY ANALYSIS REPORT JULY 09 2021
DAILY ANALYSIS REPORT JULY 09 2021
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DAILY ANALYSIS REPORT JULY 09 2021
DAILY ANALYSIS REPORT JULY 09 2021
DAILY ANALYSIS REPORT JULY 09 2021
DAILY ANALYSIS REPORT JULY 09 2021
DAILY ANALYSIS REPORT JULY 09 2021
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DAILY ANALYSIS REPORT JULY 09 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 09 July 2021 Daily Analysis Report
  2. +1 7754 366 970 analysis@tpglobalfx.com Asian Bulle n: Aussie weakens sharply a er China’s economic results, most Asian stock markets in red, gold stabilizes above $1,800 mark Key Headlines: • U.S. Consumer credit stands at 35.3B vs 20.0B previous release. • China CPI stands at 1.1 pct vs 1.3 pct previous release. • China PPI stands at 8.8 pct vs 9.0 pct previous release. • Wall Street lost ground on Thursday, with the S&P 500 and the Nasdaq pulling back from record closing highs in a broad sell-off driven by uncertain es surrounding the pace of the U.S. economic recovery – Reuters. • Argen na on Thursday announced it will sign a COVID-19 vaccine supply agreement with Moderna – Reuters. • The United States has administered 332,345,797 doses of COVID-19 vaccines in the country as of Thursday morning and distributed 385,495,790 doses – Reuters. • Fully-vaccinated Britons returning from medium-risk amber list countries will no longer have to quaran ne when they arrive home from July 19 – Reuters. • Germany plans to declare all of Spain a coronavirus risk area – Reuters. Economic Data Ahead: • (0600 GMT/1130 IST) U.K. GDP, previous 2.3, expected 1.5. • (0800 GMT/1330 IST) Italy Industrial produc on, previous 1.8, expected 0.3. • (1230 GMT/1800 IST) Canada employment Change, previous -68.0K, expected 172.5K. • (1230 GMT/1800 IST) Canada unemployment rate, previous 8.2, expected 7.8. Economic Events Ahead: • (1000 GMT/1530 IST) ECB President Lagarde Speaks. • (1000 GMT/1530 IST) BOE Gov Bailey Speaks. • All day G20 Mee ngs. Major FX Pair Trend: USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.01% to 92.41 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 JULY, 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 0.7440 R2 S2 0.7470 R3 S3 0.7490 R4 Commentary S4 0.7510 Buy Above 0.7440 0.7464 0.7412 – Take Profit – Stop Loss Trade Idea Sell Below 0.7401 0.7373 0.7434 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 AUD/USD: The Aussie weakness sharply in early Asia and hits lowest level since Dec 2020. The pair made intraday high at $0.7439 and low at $0.7409 mark. A day chart as well as H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $0.7440 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7390 will check further supports. 0.7390 0.7372 0.7340 0.7315
  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 1.1858 R2 S2 1.1876 R3 S3 1.1890 R4 Commentary S4 1.1920 +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 EUR/USD: The euro enjoys roller coaster movement and stabilizes back above $1.1800 mark. Today pair made intraday high at $1.1850 and low at $1.1834. Today triple EMA on a day chart is bearish but H1 chart suggest up trend for the time being. A consistent close above $1.1858 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1785 on H1 chart will check further supports. EUR / USD 1.1785 1.1760 1.1740 1.1710 Buy Above 1.1850 1.1878 1.1826 – Take Profit – Stop Loss Trade Idea Sell Below 1.1821 1.1793 1.1840 – Take Profit – Stop Loss Trade Idea Trends Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 JULY, 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 1.3790 R2 S2 1.3810 R3 S3 13837 R4 Commentary S4 1.3855 Buy Above 1.3795 1.3821 1.3762 – Take Profit – Stop Loss Trade Idea Sell Below 1.3755 1.3722 1.3785 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 GBP/USD: The Sterling trades flat on Friday ahead of GDP and manufacturing production results. In addition, BOE Gov Bailey’s speech is in focus. The pair made intraday high at $1.3794 and low at $1.3766 mark. A day chart and H1 chart with triple EMA suggests down trend for the time being. A sustained close above $1.3790 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3760 will check further supports. USD 1.3752 1.3732 1.3705 1.3680 GBP/ Trends Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 JULY, 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 Up Trend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1.2565 R2 S2 1.2578 R3 S3 1.2597 R4 Commentary S4 1.2628 Buy Above 1.2556 1.2580 1.2525 – Take Profit – Stop Loss Trade Idea Sell Below 1.2509 1.2479 1.2541 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/CAD: The Canadian dollar starts a new day on a lower note and hovers around 1.2550 mark ahead of Canada’s Employment change data. Today pair made intraday high at 1.2556 and low at 1.2521 mark. Today a day chart and H1 chart with triple EMA suggests up trend for the time being. A sustained close above 1.2565 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2518 on H1 chart will check key supports too. USD /CAD 1.2510 1.2480 1.2455 1.2432 JULY, 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 Down Trend Moving Average (Period=75) Below MA H 1 RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT R1 S1 110.20 R2 S2 110.52 R3 S3 110.76 R4 Commentary S4 110.94 Buy Above 109.97 110.22 109.62 – Take Profit – Stop Loss Trade Idea Sell Below 109.51 109.21 109.81 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/JPY: The Japanese yen trades in narrow range on Friday and slips below 110.00 mark. The pair made intraday high at 109.92 and low at 109.65 mark. The triple EMA on a day chart is up while H1 chart suggests down trend for the time being. A sustained close above 110.20 on H1 chart requires for the upside rally. Alternatively, a consistent close below 109.57 on H1 will check further key supports. USD /JPY 109.52 109.18 109.00 108.78 JULY, 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 1809 R2 S2 1815 R3 S3 1821 R4 Commentary S4 1827 Buy Above 1809 1816 1801 – Take Profit – Stop Loss Trade Idea Sell Below 1796 1790 1807 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 XAU/USD (GOLD): Gold remains slightly positive on Friday and consolidates around $1,802 mark. Today pair made intraday high at $1,807 and low $1,799 mark. A day chart is bearish but H1 chart with triple EMA suggests bullish trend for the time being. A sustained close above $1,806 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,794 will check further supports. U.S. economic calendar is empty for the day. XAU [GOLD] USD / 1789 1784 1778 1772 JULY, 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 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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