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DAILY ANALYSIS REPORT MAY 28 2021

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28 May, 2021
Daily Analysis Report
+1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: Japanese yen falls sharply as economic indicators miss expecta ons,...
AUD / USD
BUY SELL
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Technical Summary
Trends Down Trend
Moving Average ...
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DAILY ANALYSIS REPORT MAY 28 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 28 May, 2021 Daily Analysis Report
  2. 2. +1 7754 366 970 analysis@tpglobalfx.com Asian Bulle n: Japanese yen falls sharply as economic indicators miss expecta ons, Asian stock markets extremely up, gold hovers around $1,890 mark Key Headlines: • Japan Tokyo Core CPI remains unchanged at -0.2 pct. • Japan unemployment rate stands at 2.8 pct vs 2.6 pct previous release. • PBOC sets yuan Mid-Point At 6.3858 / U.S. dollar vs last close 6.3840. • PBOC - First fixing below 6.4000 since June 2018. • Japan Govt seeks to extend the virus emergency in Tokyo and other areas. Economic Data Ahead: • (0645 GMT/1215 IST) France Consumer Spending, Previous -1.1, expected -4.1. • (0645 GMT/1215 IST) France Prelim CPI, previous 0.1, expected 0.3. • (0645 GMT/1215 IST) France Prelim GDP q/q, previous 0.4, expected 0.4. • (0700 GMT/1230 IST) Swiss KOF Economic barometer, previous 134.0, expected 132.2. • (1230 GMT/1800 IST) U.S. Personal Income, previous 21.1, expected -14.2. • (1230 GMT/1800 IST) U.S. Personal spending, previous 4.2, expected 0.5. • (1345 GMT/1915 IST) U.S. Chicago PMI, previous 72.1, expected 67.9. • (1400 GMT/1930 IST) U.S. Revised UoM Consumer Sen ment, previous 82.8, expected 83.1. Economic Events Ahead: • All Day – G7 Mee ng. Major FX Pair Trend: USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.13% to 90.09 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 MAY, 2 021 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 0.7755 R2 S2 0.7772 R3 S3 0.7790 R4 Commentary S4 0.7837 Buy Above 0.7755 0.7776 0.7732 – Take Profit – Stop Loss Trade Idea Sell Below 0.7721 0.7698 0.7746 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 AUD/USD: The Aussie trades almost flat during Friday Asian hours and stabilizes around $0.7750 mark. The pair made intraday high at $0.7747 and low at $0.7736 mark. A day chart is bullish while H1 chart with triple EMA confirms bearish trend for the time being. A sustained close above $0.7755 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7720 will check further supports. 0.7720 0.7690 0.7662 0.7637
  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 1.2205 R2 S2 1.2228 R3 S3 1.2262 R4 Commentary S4 1.2290 +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 EUR/USD: The euro trades marginally lower on Friday and remains well supported below $1.22 mark. Today pair made intraday high at $1.2195 and low at $1.2181. Today triple EMA on a day chart is up but H1 chart suggests bearish trend for the time being. A consistent close above $1.2205 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2180 on H1 chart will check further supports. EUR / USD 1.2180 1.2164 1.2132 1.2100 Buy Above 1.2215 1.2240 1.2180 – Take Profit – Stop Loss Trade Idea Sell Below 1.2172 1.2140 1.2205 – Take Profit – Stop Loss Trade Idea Trends Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 MAY, 2 021
  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 1.4211 R2 S2 1.4230 R3 S3 1.4267 R4 Commentary S4 1.4296 Buy Above 1.4205 1.4230 1.4180 – Take Profit – Stop Loss Trade Idea Sell Below 1.4172 1.4147 1.4201 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 GBP/USD: The Sterling appreciates sharply against U.S. dollar and hovers around $1.42 mark. The pair made intraday high at $1.4208 and low at $1.4182 mark. A day chart as well as H1 chart with triple EMA suggest bullish trend for the time being. A sustained close above $1.4211 on H1 chart will check key resistances. Alternatively, a consistent close below $1.4150 will check further supports. USD 1.4150 1.4115 1.4090 1.4070 GBP/ Trends Up Trend Moving Average (Period=75) Above MA RSI (Period=26) Above RSI LEVEL 50 MAY, 2 021
  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 1.2090 R2 S2 1.2140 R3 S3 1.2172 R4 Commentary S4 1..2204 Buy Above 1.2090 1.2112 1.2071 – Take Profit – Stop Loss Trade Idea Sell Below 1.2060 1.2036 1.2087 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/CAD: The Canadian dollar exhibits range bound movement and stabilizes below 1.21 mark. Today pair made intraday high at 1.2088 and low at 1.2060 mark. Today a day and H1 chart with Triple EMA confirms down trend for the time being. A sustained close above 1.2090 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2064 on H1 chart will check key supports too. USD /CAD 1.2064 1.2042 1.2015 1.2000 MAY, 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 Trend Up Trend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 110.02 R2 S2 110.24 R3 S3 110.55 R4 Commentary S4 110.78 Buy Above 109.98 110.22 109.71 – Take Profit – Stop Loss Trade Idea Sell Below 109.65 109.38 109.95 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/JPY: The Japanese yen falls sharply against U.S. dollar and hovers around 110.00 mark. The pair made intraday high at 109.95 and low at 109.73 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 109.92 on H1 chart requires for the upside rally. Alternatively, a consistent close below 109.70 on H1 will check further key supports. USD /JPY 109.70 109.47 109.15 108.82 MAY, 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 Up Trend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1902 R2 S2 1909 R3 S3 1916 R4 Commentary S4 1922 Buy Above 1898 1905 1890 – Take Profit – Stop Loss Trade Idea Sell Below 1886 1881 1894 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 XAU/USD (GOLD): Gold reverses previous gain and remains well supported below $1,900 mark. Today pair made intraday high at $1,898 and low $1,892 mark. A day chart is up while H1 chart with triple EMA confirms slightly bearish trend for the time being. A sustained close above $1,902 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,887 will check further supports. XAU [GOLD] USD / 1887 1881 1876 1870 MAY, 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

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