Daily Analysis Report February 12, 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
12 February, 2021
Daily Analysis Report

2. +1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: Sterling trades marginally lower ahead of U.K.’s Prelim GDP data, Most Asian stock markets in green, gold hovers around $1,820 mark
Key Headlines:
• Singapore, China, South Korea and Hong Kong Banks will be closed today.
• New Zealand business manufacturing index stands at 57.5 vs 48.3 previous release.
• New Zealand FPI stands at 1.3 pct vs 0.1 pct previous release.
• Oil erases previous gain as OPEC+ cut its demand forecast; the Interna onal Energy Agency (IEA) said the market was s ll over-supplied.
• Bitcoin touches historical high at $49,000 in Asian hours.
• A U.S. House commi ee on Thursday approved a proposal to give airlines another $14 billion in payroll assistance as part of a broader COVID-19 relief package
– Reuters.
• EU shows readiness to solve the trade dispute with U.S.; ready to work with Biden too.
• Market sen ment turns posi ve a er a phone call conversa on between the world’s two biggest economies U.S. and China.
• U.S. and China plan to build future bilateral rela ons in short term and shows that the two sides are willing to push bilateral es forward in a more posi ve
direc on that can manage es through construc ve dialogue and coopera on.
Economic Data Ahead:
• (0700 GMT/1230 IST) U.K. Prelim GDP, previous 16.0, expected 0.5.
• (0700 GMT/1230 IST) U.K. manufacturing produc on, previous 0.7, expected 0.7.
• (0700 GMT/1230 IST) U.K. industrial produc on, previous -0.1, expected 0.5.
• (0730 GMT/1300 IST) Swiss CPI, previous -0.1, expected 0.0.
• (1330 GMT/1900 IST) Canada wholesale sales, previous 0.7, expected -1.6.
• (1500 GMT/2030 IST) U.S. prelim UoM consumer sen ment, previous 79.0, expected 80.8.
Economic Events Ahead:
• Tenta ve – Fed Monetary Policy Report.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.09% to 90.50 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
FEBRUARY,
2
021
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
0.7772
R2 S2
0.7799
R3 S3
0.7820
R4
Commentary
S4
0.7878
Buy Above 0.77706
0.77973
0.77404
– Take Profit
– Stop Loss
Trade Idea
Sell Below 0.77223
0.76836
0.77587
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
AUD/USD: The Aussie remains slightly volatile in early Asian hours and currently hovers around
$0.7740 mark. A Day Chart and H1 chart confirm the trend reversal and suggest the bullish trend
for the time being. On the top side, key resistance is seen at $0.7799 mark, a sustained close
above will drag the parity towards key resistances. Alternatively, reversal from key resistance will
result in to downside rally.
0.7690
0.7638
0.7590
0.7522

4. 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
1.3820
R2 S2
1.3876
R3 S3
1.3932
R4
Commentary
S4
1.3967
Buy Above 1.38264
1.38636
1.37891
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.37602
1.37164
1.38121
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
GBP/USD: The pound erases previous gain against U.S. dollar and slips back below $1.38 mark.
On a Day Chart, shooting start pattern has observed and thus suggesting short term trend
reversal. The pair made intraday high at $1.3817 mark and low at $1.3786 mark. On H1 chart,
pair has already confirmed bearish trend. The key boundaries for the parity will be $1.3767 to
$1.3820 mark. A successful close of either side on a H1 Chart will provide further direction to the
parity.
USD
1.3767
1.3738
1.3684
1.3637
FEBRUARY,
2
021
GBP/

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
1.2170
R2 S2
1.2224
R3 S3
1.2262
R4
Commentary
S4
1.2323
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
EUR/USD: The euro exhibits range bound movement and consolidates around $1.2120 mark. On
H1 chart, pair supports the bullish trend but still a successful crossover of triple EMA above Day
close is pending for the final confirmation of upside rally. Key boundaries for the parity will be
$1.2134 to $1.2100 mark. A consistent break of either side on H1 chart will provide further
directions to the parity.
EUR / USD
1.2100
1.2044
1.1961
1.1900
FEBRUARY,
2
021
Buy Above 1.21449
1.21727
1.21105
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.20991
1.20715
1.21347
– Take Profit
– Stop Loss
Trade Idea
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50

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=75A) Below MA
H 1
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
1.2730
R2 S2
1.2751
R3 S3
1.2783
R4
Commentary
S4
1.2856
Buy Above 1.27449
1.27698
1.27175
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.26945
1.26707
1.27246
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/CAD: The Canadian dollar depreciates slightly on Friday and jumps back above 1.2711
mark. A Day Chart still suggests bearish trend while on H1 chart, a successful cross over took
place and confirms bullish trend in short run. A sustained close above 1.2730 on H1 chart is must
for the upside rally. If fails to break key hurdle will drag the parity back below 1.2700 mark.
USD /CAD
1.2690
1.2630
1.2600
1.2570
FEBRUARY,
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
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
104.77
R2 S2
105.20
R3 S3
105.68
R4
Commentary
S4
106.50
Buy Above 104.959
105.181
104.723
– Take Profit
– Stop Loss
Trade Idea
Sell Below 104.603
104.351
104.849
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/JPY: The Japanese yen trades marginally lower on Friday and stabilizes well above 104.50
mark. The pair made intraday high at 104.84 and low at 104.68 mark. On H1 chart and Day chart,
both RSI and triple EMA suggest upside trend for the time being. Key boundaries for the parity will
be 104.92 to 104.50 mark. A sustained close above either side on a Day chart will provide further
direction to the parity
USD /JPY
104.50
104.22
103.60
102.92
FEBRUARY,
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 Down Trend
Moving Average (Period=75) Below MA
H 1
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
1832
R2 S2
1840
R3 S3
1848
R4
Commentary
S4
1854
Buy Above 1827.54
1835.56
1817.90
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1817.90
1809.29
1826.05
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
XAU/USD (GOLD): Gold broke key support at 1,827 mark in previous session and today touches
$1,819 mark in Asian hours. On a Day Chart and H1 chart, triple EMA and RSI confirm the
bearish trend for the time being. The key boundaries for the parity will be $1,832 to $1,818 mark.
A consistent close of either side on H1 chart will only provide further direction to the parity.
XAU [GOLD]
USD
/
1818
1807
1798
1785
FEBRUARY,
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