DAILY ANALYSIS REPORT OCTOBER 22 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
22 October 2021
Daily Analysis Report

2. +1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: Japanese yen con nues to trade lower a er Na onal CPI, Core CPI results; Asian stock markets in green, gold stabilizes above $1,780 mark
Key Headlines:
• Australia Flash Manufacturing PMI stands at 57.3 vs 56.8 previous release.
• Australia Flash Services PMI stands at 52.0 vs 45.5 previous release.
• U.K. GFK Consumer Confidence stands at -17 vs -13 previous release.
• Japan Na onal Core CPI stands at 0.1 pct vs 0.0 pct previous release.
• Japan Flash Manufacturing PMI stands at 53.0 vs 51.5 previous release.
• The dollar gained on Thursday against a basket of currencies, erasing earlier losses, boosted by be er jobs and housing data, and as U.S. Treasury yields rose –
Reuters.
• The U.S. Federal Reserve on Thursday banned individual stock purchases by top officials at the central bank and unveiled a broad set of other restric ons on
their inves ng ac vi es roughly six weeks a er reports of ac ve trading by some senior policymakers triggered an ethics uproar – Reuters.
• Bavarian premier Markus Soeder said on Thursday Germany should not let its COVID-related state of emergency expire as cases rose again – Reuters.
• Members of Toronto's police, the largest municipal force in Canada, will be placed on unpaid leave if they do not provide proof of complete inocula on
against COVID-19 by Nov. 30, officials said on Thursday – Reuters.
• A systema c disinforma on campaign in Russian media to foster doubts and misgivings about COVID-19 vaccines in the West has backfired as the death toll in
Russia rises to record daily tolls – Reuters.
• As Latvia goes into lockdown and hospitals in Bulgaria and Romania buckle under a COVID-19 surge while Poland sells surplus vaccine doses, many central and
eastern Europeans are torn between defiance and regret over not ge ng inoculated – Reuters.
Economic Data Ahead:
• (0600 GMT/1130 IST) U.K. Retail Sales, previous -0.9, expected 0.6.
• (0715 GMT/1245 IST) France Manufacturing PMI, previous 55.0, expected 53.9.
• (0715 GMT/1245 IST) France Services PMI, previous 56.2, expected 55.6.
• (0730 GMT/1300 IST) German Flash manufacturing PMI, previous 58.4, expected 56.5.
• (0730 GMT/1300 IST) German Flash Services PMI, previous 56.2, expected 55.2.
• (0800 GMT/1330 IST) Euro Flash Manufacturing PMI, previous 58.6, expected 57.0.
• (0800 GMT/1330 IST) Euro Flash Services PMI, previous 56.4, expected 55.4.
• (0830 GMT/1400 IST) U.K. Flash Manufacturing PMI, previous 57.1, expected 56.1.
• (0830 GMT/1400 IST) U.K. Flash Services PMI, previous 55.4, expected 54.5.
• (1230 GMT/1800 IST) Canada Retail Sales, previous -0.6, expected 2.0.
• (1230 GMT/1800 IST) Canada Core Retail Sales, previous -1.0, expected 2.6.
• (1345 GMT/1915 IST) U.S. Flash Manufacturing PMI, previous 60.7, expected 60.5.
• (1345 GMT/1915 IST) U.S. Flash Services PMI, previous 54.9, expected 55.3.
Economic Events Ahead:
• (1500 GMT/2030 IST) U.S. Fed Chair Powell Speaks.
(Due to par cipate in a virtual panel discussion tled "Monetary and financial stability challenges to Central Banks in the wake of COVID-19" at an online conference
hosted by the South African Reserve Bank)
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 93.74 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
OCTOBER,
2021
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
0.7490
R2 S2
0.7522
R3 S3
0.7550
R4
Commentary
S4
0.7590
Buy Above 0.7490
0.7515
0.7460
– Take Profit
– Stop Loss
Trade Idea
Sell Below 0.7452
0.7421
0.7477
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
AUD/USD:TheAussie trades marginally higher after Flash PMI results and stabilizes around $0.7470
mark. It made intraday high at $0.7489 and low at $0.7453 mark. A day chart is up and H1 chart with
triple EMA suggests down trend for the time being. A sustained close above $0.7490 on H1 chart
requires for the upside rally. Alternatively, a consistent close below $0.7460 will check further
supports.
0.7450
0.7415
0.7380
0.7372

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
1.1638
R2 S2
1.1667
R3 S3
1.1690
R4
Commentary
S4
1.1718
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
EUR/USD: The Euro trades flat on Friday ahead of Euro Zone’s Flash PMI results and trading around
$1.1620 mark. Today pair made intraday high at $1.1631 and low at $1.1620. Today triple EMA on a
day chart and H1 chart suggest bearish trend for the time being.Aconsistent close above $1.1638 on
H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1622 on H1 chart will
check further supports.
EUR / USD
1.1617
1.1590
1.1572
1.1540
Buy Above 1.1638
1.1662
1.1617
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.1612
1.1582
1.1636
– Take Profit
– Stop Loss
Trade Idea
Trends Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
OCTOBER,
2021

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
1.3808
R2 S2
1.3840
R3 S3
1.3872
R4
Commentary
S4
1.3899
Buy Above 1.3812
1.3840
1.3782
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.3772
1.3742
1.3805
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
GBP/USD: The sterling remains almost unchanged ahead of U.K.’s retail sales and Flash PMI results
and hovers around $1.3800 mark.Today pair made intraday high at $1.3809 and low at $1.3782 mark.
A day chart is up and H1 chart with triple EMA suggests down trend for the time being. A sustained
close above $1.3820 on H1 chart will check key resistances. Alternatively, a consistent close below
$1.3780 will check further supports.
USD
1.3780
1.3757
1.3732
1.3708
GBP/
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
OCTOBER,
2021

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
1.2383
R2 S2
1.2422
R3 S3
1.2456
R4
Commentary
S4
1.2478
Buy Above 1.2361
1.2380
1.2340
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2337
1.2305
1.2370
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/CAD: The CAD enjoys roller coaster movement ahead of Canada’s Retail Sales results and
hovers around 1.2350 mark. The pair made intraday high at 1.2375 and low at 1.2342 mark. Today a
day chart is down and H1 chart with triple EMAsuggests up trend for the time being.Asustained close
above 1.2365 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2340
on H1 chart will check key supports too.
USD /CAD
1.2340
1.2302
1.2272
1.2238
OCTOBER,
2021

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
114.20
R2 S2
114.38
R3 S3
114.62
R4
Commentary
S4
115.10
Buy Above 114.21
114.50
113.84
– Take Profit
– Stop Loss
Trade Idea
Sell Below 113.78
113.52
114.04
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/JPY: The Japanese yen remains slightly volatile after National CPI, Core CPI data and hovers
around 114.00 mark. The pair made intraday high at 114.20 and low at 113.81 mark. The triple EMAon
a day chart is up and H1 chart suggests bearish trend for the time being. A sustained close above
114.15 on H1 chart requires for the upside rally. Alternatively, a consistent close below 113.67 on H1
chart will check further key supports.
USD /JPY
113.67
113.40
113.21
112.89
OCTOBER,
2021

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 Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
1794
R2 S2
1799
R3 S3
1804
R4
Commentary
S4
1809
Buy Above 1789
1794
1783
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1781
1775
1787
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
XAU/USD (GOLD): Gold moves in stiff boundaries and remains well supported below $1,790 mark.
Today pair made intraday high at $1,788 and low at $1,782 mark. A day chart is down and H1 chart
with triple EMA suggests up trend for the time being. A sustained close above $1,787 on H1 chart
requires for the upside rally.Alternatively, a consistent close below $1,778 will check further supports.
Later today U.S. Flash PMI results and Fed Chair Powell’s Speech will be in focus.
XAU [GOLD]
USD
/
1778
1772
1767
1761
OCTOBER,
2021

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