DAILY ANALYSIS REPORT JANUARY 04 2022

+1 7754 366 970
analysis@tpglobalfx.com
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04 January 2022
Daily Analysis Report

+1 7754 366 970
Asian Bulle n: U.S. dollar strengthened sharply against major peers on upbeat market sen ments and U.S. treasury yields, Asian stock markets mixed, gold back above
$1,800 mark
Key Headlines:
• U.K. BRC shop price index stands at 0.8 pct vs 0.3 pct previous release.
• Japan Final Manufacturing PMI stands at 54.3 vs 54.2 previous release.
• U.S. stocks closed higher on Monday, with Apple Inc hi ng a $3 trillion market capitaliza on and Tesla Inc pos ng bumper delivery numbers, giving investors
cheer on the year's first trading day – Reuters.
• The dollar cked up against its major rivals as an upbeat market mood on Monday li ed European equi es and government bond yields for the first day of
trading of 2022 – Reuters.
• Apple Inc on Monday became the first company with a $3 trillion stock market value, li ed by investor confidence that the iPhone maker will keep launching
best-selling products – Reuters.
• The U.S. Congress is experiencing an unprecedented rise in COVID-19 cases, with the seven-day posi vity rate at a congressional test site surging to 13% from
just 1% in late November – Reuters.
• Spain's Health Ministry reported a new record in the na onal 14-day COVID-19 infec on rate on Monday – Reuters.
• A U.S. Centers for Disease Control and Preven on advisory panel is set to meet on Wednesday to discuss the use of a booster dose of Pfizer and BioNTech's
COVID-19 vaccine for children aged 12 to 15 years – Reuters.
• France on Monday reported 67,641 new confirmed coronavirus cases in a 24-hour period, a figure much lower than a couple of days ago, when daily
addi onal infec ons were over 200,000. – Reuters.
• Turkey recorded 44,869 new COVID-19 cases in the last 24 hours, the highest daily figure since late April – Reuters.
• England and Scotland reported 157,758 new cases of COVID-19 on Monday, according to government data – Reuters.
• The interval between receiving a second dose of Moderna's COVID-19 vaccine and a booster dose remains unchanged at six months, U.S. Food and Drug
Administra on Ac ng Commissioner Janet Woodcock said on Monday – Reuters.
• The German cabinet has approved the appointment of Joachim Nagel, a career central banker with es to the ruling Social Democrats, as the new president of
the Bundesbank – Reuters.
• U.S. central bank to raise interest rates in September – J P Morgan.
• J P Morgan bank expects gold prices to fall to pre-pandemic levels by the end of next year.
• Sudanese Prime Minister Abdalla Hamdok resigned six weeks a er taking his job back following a military coup that ousted him in October – Reuters.
• Australia is pushing ahead with plans to reopen the economy even as new COVID-19 infec ons hit a record and hospitaliza ons rise – Reuters.
• South Korean President Moon Jae-in said he would use his last months in office to press for a diploma c breakthrough with North Korea – Reuters.
Economic Data Ahead:
• (0700 GMT/1230 IST) German Retail Sales, previous -0.3, expected -0.5.
• (0730 GMT/1300 IST) Swiss CPI, previous 0.0, expected -0.1.
• (0745 GMT/1315 IST) France Prelim CPI, previous 0.4, expected 0.3.
• (0800 GMT/1330 IST) Spain Unemployment Change, previous -74.4K, expected -33.5K.
• (0855 GMT/1425 IST) German Unemployment Change, previous -34K, expected -15K.
• (0930 GMT/1500 IST) U.K. Final Manufacturing PMI, previous 57.6, expected 57.6.
• (1330 GMT/1900 IST) Canada IPPI, previous 1.3.
• (1430 GMT/2000 IST) Canada Manufacturing PMI, previous 57.2.
• (1500 GMT/2030 IST) U.S. ISM Manufacturing PMI, previous 61.1, expected 60.4.
• (1500 GMT/2030 IST) U.S. JOLTS Job openings, previous 11.03M.
Economic Events Ahead:
• All Day – OPEC- JMMC Mee ngs.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.02% to 96.19 points.

AUD / USD
BUY SELL
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JANUARY,
2022
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
0.7222
R2 S2
0.7240
R3 S3
0.7272
R4
Commentary
S4
0.7299
Buy Above 0.7221
0.7248
0.7190
– Take Profit
– Stop Loss
Trade Idea
Sell Below 0.7181
0.7155
0.7211
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
-
Time Frame: H1
AUD/USD: TheAussie spiked down sharply in late U.S. session and takes halt around $0.7184 mark.
Today pair made intraday high at $0.7207 and low at $0.7185 mark.Aday chart is up and H1 chart with
triple EMA suggests down trend for the time being. A sustained close above $0.7222 on H1 chart
requires for the upside rally. Alternatively, a consistent close below $0.7185 will check further
supports.
0.7180
0.7162
0.7130
0.7109

BUY SELL
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Technical Summary H 1
FIBO Levels PIVOT
R1 S1
1.1315
R2 S2
1.1340
R3 S3
1.1372
R4
Commentary
S4
1.1400
+1 7754 366 970
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Time Frame: H1
EUR/USD: The Euro depreciated extremely in previous session and touched $1.1279 mark. The pair
made intraday high at $1.1309 and low at $1.1292 mark. Today triple EMAon a day chart and H1 chart
suggest bearish trend for the time being. A consistent close above $1.1315 on H1 chart requires for
the upside rally. Alternatively, a sustained close below $1.1282 on H1 chart will check further
supports.
EUR / USD
1.1282
1.1260
1.1237
1.1210
Buy Above 1.1315
1.1340
1.1290
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.1289
1.1265
1.1310
– Take Profit
– Stop Loss
Trade Idea
Trends Down Trend
JANUARY,
2022

BUY SELL
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Technical Summary
H 1
FIBO Levels PIVOT
R1 S1
1.3490
R2 S2
1.3521
R3 S3
1.3540
R4
Commentary
S4
1.3570
Buy Above 1.3490
1.3521
1.3468
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.3450
1.3410
1.3475
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
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Time Frame: H1
GBP/USD: The sterling falls sharply against U.S. dollar and hovers around $1.3470 mark. Today pair
made intraday high at $1.3485 and low at $1.3463 mark. A day chart is up and H1 chart with triple
EMAsuggests down trend for the time being.Asustained close above $1.3490 on H1 chart will check
key resistances.Alternatively, a consistent close below $1.3447 will check further supports.
USD
1.3447
1.3421
1.3402
1.3381
GBP/
Trends Down Trend
JANUARY,
2022

BUY SELL
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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
1.2755
R2 S2
1.2772
R3 S3
1.2799
R4
Commentary
S4
1.2827
Buy Above 1.2760
1.2790
1.2738
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2730
1.2701
1.2755
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
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Time Frame: H1
USD/CAD: The CAD spiked down sharply and hovers around 1.2750 mark. The pair made intraday
high at 1.2755 and low at 1.2736 mark. Today a day chart and H1 chart with triple EMA suggest up
trend for the time being. A sustained close above 1.2755 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
1.2702
1.2680
1.2650
JANUARY,
2022

BUY SELL
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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
115.52
R2 S2
115.87
R3 S3
116.22
R4
Commentary
S4
116.48
Buy Above 115.52
115.80
115.28
– Take Profit
– Stop Loss
Trade Idea
Sell Below 115.24
115.01
115.47
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
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Time Frame: H1
USD/JPY: The Japanese yen falls sharply against U.S. dollar after Japan released Final
Manufacturing Data with ﬂat numbers. The pair made intraday high at 115.48 and low at 115.27 mark.
The triple EMAon a day chart and H1 chart suggest bullish trend for the time being.Asustained close
above 115.52 on H1 chart requires for the upside rally. Alternatively, a consistent close below 115.26
on H1 chart will check further key supports.
USD /JPY
115.26
115.02
114.72
114.50
JANUARY,
2022

BUY SELL
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Technical Summary
Trend Down Trend
H 1
FIBO Levels PIVOT
R1 S1
1809
R2 S2
1814
R3 S3
1820
R4
Commentary
S4
1826
Buy Above 1808
1814
1803
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1800
1794
1805
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
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Time Frame: H1
XAU/USD (GOLD): The gold spiked down sharply in previous session and touched $1,798 mark. Today pair made
intraday high at $1,807 and low at $1,801 mark. A triple EMA on a day chart is up and H1 chart with triple EMA suggests
down trend for the time being. A sustained close above $1,809 on H1 chart requires for the upside rally. Alternatively, a
consistent close below $1,798 will check further supports. Later today U.S. ISM Manufacturing PMI data will be in focus.
XAU [GOLD]
USD
/
1798
1791
1786
1780
JANUARY,
2022

Thank
you!
Info@tpglobalfx.com
www.tpglobalfx.com
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