DAILY ANALYSIS REPORT APRIL 14 2021

Daily Analysis Report
+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
14 April, 2021

+1 7754 366 970
Asian Bulle n: Kiwi rises sharply against major peers a er RBNZ’s Hawkish Policy Stance, Asian stock markets in green, gold stabilizes above $1,740
mark
Key Headlines:
• RBNZ keeps oﬃcial cash rate unchanged at 0.25 pct.
• New Zealand’s visitors arrivals stand at -2.8 pct vs -7.7 pct previous release.
• Japan Core machinery orders stands at -8.5 pct vs -4.5 pct previous release (expected 2.4).
• Australia Westpac consumer sen ment stands at 6.2 pct vs 2.6 pct previous release.
• South Korea export price index stands at 5.6 pct vs 0.6 pct previous release.
• South Korea import price index stands at 9.0 pct vs -0.3 pct previous release.
• South Korea unemployment rate stands at 3.9 pct vs 4.0 pct previous release.
• Singapore GDP q/q stands at 2.0 pct vs 15.9 pct previous release.
Economic Data Ahead:
• (0900 GMT/1430 IST) Euro industrial produc on, previous 0.8, expected -1.2.
Economic Events Ahead:
• (1400 GMT/1930 IST) ECB President Lagarde Speaks.
• (1600 GMT/2130 IST) U.S. Fed Chair Powell Speaks.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.12% to 91.74 points.

AUD /USD
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
2
0
21
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 0.7672 S1 0.7640
Buy Above 0.7672
0.7702
0.7650
0.7638
0.7610
0.7670
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 0.7690 S2 0.7590
R3 0.7722 S3 0.7540
R4 0.7740 S4 0.7522
Conclusion
+1 7754 366 970
Trends Up Trend
Moving Average (Period=75) Above MA
RIS (Period=26) Above RIS LEVEL 50
APRIL,
Commentary
AUD/USD: The Aussie recovers sharply from previous losses against U.S. dollar on
robust Westpac Consumer Sentiment Results and remains well supported above
$0.7650 mark. The pair made intraday high at $0.7668 and low at $0.7634 mark. Today
triple EMA with a day chart suggests bearish trend but H1 chart conﬁrms bullish trend for
the time being. A sustained close above $0.7672 on H1 chart requires for the upside
rally. Alternatively, a consistent close below $0.7640 will check further supports.

EUR / USD
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
+1 7754 366 970
Trends Up Trend
R1 1.1989 S1 1.1942
Buy Above 1.1990
1.2022
1.1950
1.1940
1.1910
1.1980
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.2050 S2 1.1890
R3 1.2090 S3 1.1872
R4 1.2128 S4 1.1840
Conclusion
Commentary
EUR/USD: The euro rises gradually against U.S. dollar and hits fresh 4 – week high at
$1.1964 mark. The pair made intraday high at $1.1964 and low at $1.1942. Today triple
EMA on a day chart suggest bearish trend while H1 chart signals up trend for the time
being. A consistent close above $1.1962 on H1 chart requires for the upside rally.
Alternatively, a sustained close below $1.1947 on H1 will check further supports.
2
0
21
APRIL,

GBP /USD
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
+1 7754 366 970
Trends Up Trend
R1 1.3789 S1 1.3722
Buy Above 1.3782
1.3820
1.3750
1.3740
1.3712
1.3770
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.3840 S2 1.3701
R3 1.3862 S3 1.3665
R4 1.3900 S4 1.3622
Conclusion
Commentary
GBP/USD: The pound appreciates on Wednesday and hovers around $1.3770 mark.
The pair made intraday high at $1.3781 and low at $1.3746 mark. A day chart with triple
EMA conﬁrms slightly bearish trend while H1 chart suggests slightly bullish trend in short
run. A sustained close above $1.3770 on H1 chart requires for the upside rally.
Alternatively, a sustained close below $1.3722 will check further supports.
2
0
21
APRIL,

USD /CAD
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
+1 7754 366 970
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50
R1 1.2560 S1 1.2518
Buy Above 1.2550
1.2590
1.2525
1.2518
1.2490
1.2545
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.2592 S2 1.2500
R3 1.2610 S3 1.2468
R4 1.2640 S4 1.2450
Conclusion
Commentary
USD/CAD: The Canadian dollar remained highly volatile in previous session and
currently stabilizes below 1.2550 mark. The pair made intraday high at 1.2547 and low
at 1.2528 mark. A day chart and H1 Chart with triple EMA conﬁrm bearish trend for the
time being. A sustained close above 1.2560 on H1 chart requires for the upside rally.
Alternatively, a consistent close below 1.2518 will check key supports too.
Trends Down Trend
2
0
21
APRIL,

USD /JPY
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
+1 7754 366 970
Trends Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50
R1 109.20 S1 108.62
Buy Above 109.20
109.42
108.80
108.70
108.38
109.20
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 109.42 S2 108.38
R3 109.87 S3 108.12
R4 110.22 S4 107.85
Conclusion
Commentary
USD/JPY: The Japanese yen strengthens sharply against U.S. dollar and touches
108.75 mark in Asian hours. The pair made intraday high at 109.07 and low at 108.75
mark. The triple EMA on a day chart is bullish while H1 chart conﬁrms bearish trend for
the time being. A sustained close above 109.20 on H1 chart requires for the upside rally.
Alternatively, a consistent close below 108.80 on H1 will check key supports.
2
0
21
APRIL,

XAU /USD
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
+1 7754 366 970
Trends Up Trend
R1 1748 S1 1738
Buy Above 1750
1755
1740
1738
1732
1745
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1754 S2 1732
R3 1762 S3 1727
R4 1767 S4 1721
Conclusion
Commentary
XAU/USD (GOLD): The gold strengthens sharply in previous session despite higher
than expected U.S. CPI, Core CPI results. Today pair made intraday high at $1,749 and
low $1,740 mark. A day chart suggests slightly bearish trend while H1 chart with triple
EMA conﬁrms bullish trend for the time being. A sustained close above $1,748 on H1
chart requires for the upside rally. Alternatively, a consistent close below $1,738 will
check further supports. Later today U.S. Fed Chair Powell is scheduled to speak at the
Economic Club of Washington, via satellite. It will provide further directions to the parity.
2
0
21
APRIL,

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

DAILY ANALYSIS REPORT APRIL 14 2021

Recommandé

Recommandé

Contenu connexe

Tendances

Tendances (20)

Similaire à DAILY ANALYSIS REPORT APRIL 14 2021

Similaire à DAILY ANALYSIS REPORT APRIL 14 2021 (18)

Plus de TPGlobalFX

Plus de TPGlobalFX (20)

Dernier

Dernier (20)

DAILY ANALYSIS REPORT APRIL 14 2021