+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
23 February 2022
Daily Analysis Report
+1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: Kiwi spikes up sharply a er RBNZ’s Interest Rate hike decision, Asian stock markets in green, gold hovers around $1,900 mark
Key Headlines:
• RBNZ raises Official Cash Rate to 1.0 pct vs 0.76 pct previous release.
• Australia Wage price index stands at 0.7 pct vs 0.6 pct previous release.
• Australia Construc on work done stands at -0.4 pct vs -1.2 pct previous release.
• Ukraine-Russia crisis kept investors on edge a er Russian President Vladimir Pu n recognized two breakaway regions in the country and ordered troops to the area – Reuters.
• U.S. stocks ended lower on Tuesday as investors were on edge over developments in the Ukraine-Russia crisis, paring some losses a er U.S. President Joe Biden announced the first
wave of sanc ons against Russia – Reuters.
• Crude oil futures on Tuesday reached their highest levels since 2014 on supply concerns and stocks sold off in a vola le session as investors eyed interna onal responses a er Russia
sent troops into parts of Ukraine – Reuters.
• Brazil's central bank chief Roberto Campos Neto said on Tuesday that higher interest rates to combat double-digit infla on are suppor ng financial inflows, strengthening the
Brazilian currency – Reuters.
• The European Central Bank may need to end its bond buys sooner than earlier thought given moun ng infla on risks, ECB policymaker Gaston Reinesch said, joining a growing
number of rates-se ers now openly discussing a curb in s mulus – Reuters.
• A large study into rare blood clots linked with AstraZeneca's COVID-19 vaccine found between just one and three cases per million, and only a er the first dose, shedding fresh light
on the side-effects from the shot – Reuters.
• reland on Tuesday said it will drop most of its remaining pandemic-linked restric ons from Feb. 28 as an Omicron-fuelled wave of infec ons ebbs – Reuters.
• People infected with the Omicron coronavirus variant are nearly 75% less likely to develop serious illness or die than those who contract the Delta variant, real world data released
on Monday by South Korea's health authori es showed – Reuters.
• Britain reported 41,130 new COVID-19 cases on Tuesday and 205 more deaths within 28 days of a posi ve test, official data showed – Reuters.
• Italy reported 60,029 COVID-19 related cases on Tuesday, against 24,408 the day before, the health ministry said, while the number of deaths rose to 322 from 201 – Reuters.
Economic Data Ahead:
• (0700 GMT/1230 IST) German GFK Consumer Climate, previous -6.7, expected -6.2.
• (1000 GMT/1530 IST) Euro Final CPI, previous 5.1, expected 5.1.
• (1000 GMT/1530 IST) Euro Final Core CPI, previous 2.3, expected 2.3.
Economic Events Ahead:
• (0930 GMT/1500 IST) U.K. Monetary Policy Report Hearings.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.06% to 96.08 points.
AUD / USD
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
0.7240
R2 S2
0.7262
R3 S3
0.7278
R4
Commentary
S4
0.7299
Buy Above 0.7240
0.7265
0.7220
– Take Profit
– Stop Loss
Trade Idea
Sell Below 0.7210
0.7180
0.7230
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
AUD/USD: TheAussie rises gradually against U.S. dollar and remains well supported above $0.7200
mark. Today pair made intraday high at $0.7240 and low at $0.7215 mark. A day chart and H1 chart
with triple EMA suggest up trend for the time being. A sustained close above $0.7240 on H1 chart
requires for the upside rally. Alternatively, a consistent close below $0.7202 will check further
supports.
0.7202
0.7180
0.7155
0.7112
FEBRUARY,
2022
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
1.1340
R2 S2
1.1354
R3 S3
1.1376
R4
Commentary
S4
1.1399
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
EUR/USD:The Euro exhibits range bound movement ahead of German GFK Consumer Climate data
and Euro Zone’s CPI data. The pair made intraday high at $1.1338 and low at $1.1319 mark. Today
triple EMA on a day chart and H1 chart suggest bearish trend for the time being. A consistent close
above $1.1340 on H1 chart requires for the upside rally. Alternatively, a sustained close below
$1.1290 on H1 chart will check further supports.
EUR / USD
1.1290
1.1265
1.1250
1.1215
Buy Above 1.1340
1.1368
1.1312
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.1305
1.1280
1.1328
– Take Profit
– Stop Loss
Trade Idea
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FEBRUARY,
2022
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
1.3622
R2 S2
1.3650
R3 S3
1.3672
R4
Commentary
S4
1.3699
Buy Above 1.3605
1.3630
1.3585
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.3580
1.3555
1.3600
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
GBP/USD: The sterling starts a new day on a positive note ahead of BOE’s Monetary Policy Report
Hearings. Today pair made intraday high at $1.3604 and low at $1.3588 mark. A day chart is up and
H1 chart with triple EMAsuggests down trend for the time being.Asustained close above $1.3600 on
H1 chart will check key resistances.Alternatively, a consistent close below $1.3578 will check further
supports.
USD
1.3580
1.3562
1.3550
1.3521
GBP/
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FEBRUARY,
2022
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
1.2760
R2 S2
1.277
1.2774
R3 S3
1.2799
R4
Commentary
S4
1.2826
Buy Above 1.2760
1.2780
1.2742
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2730
1.2705
1.2752
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/CAD: The CAD starts a new day on a positive note and hovers around 1.2750 mark. Pair made
intraday high at 1.2769 and low at 1.2743 mark. Today a day chart and H1 chart with triple EMA
suggest bullish trend for the time being. A sustained close above 1.2760 on H1 chart requires for the
upside rally.Alternatively, a consistent close below 1.2730 on H1 chart will check key supports too.
USD /CAD
1.2730
1.2715
1.2700
1.2680
FEBRUARY,
2022
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
115.12
R2 S2
115.30
R3 S3
115.55
R4
Commentary
S4
115.78
Buy Above 115.15
115.50
114.92
– Take Profit
– Stop Loss
Trade Idea
Sell Below 114.86
114.62
115.05
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/JPY: The Japanese yen depreciated sharply in previous session and currently trading around
115.00 mark. The pair made intraday high at 115.12 and low at 114.98 mark. The triple EMA on a day
chart and H1 chart suggest up trend for the time being. A sustained close above 115.12 on H1 chart
requires for the upside rally. Alternatively, a consistent close below 114.90 on H1 chart will check
further key supports.
USD /JPY
114.90
114.65
114.50
114.30
FEBRUARY,
2022
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
1901
R2 S2
1907
R3 S3
1914
R4
Commentary
S4
1920
Buy Above 1902
1909
1896
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1894
1886
1900
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
XAU/USD (GOLD): Gold moves in rigid boundaries on Wednesday and consolidates around $1,900
mark. U.S. Calendar will remain empty for the day but high volatility is likely on any further updates on
Russia – Ukraine talk. Today pair made intraday high at $1,901 and low at $1,897 mark. A triple EMA
on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above $1,901
on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,891 will check
further supports.
XAU [GOLD]
USD
/
1896
1891
1886
1878
FEBRUARY,
2022
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