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04 December, 2020
Daily Analysis Report

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Asian Bulle n: U.S. dollar trades flat ahead of U.S. NFP job data, Asian stock markets mixed, gold flat at $1,840 mark
Asian Headlines:
• Australia Retail sales stand at 1.4 pct vs 1.6 pct previous release.
Economic Data Ahead:
• (0700 GMT/1230 IST) German factory orders, previous 0.5, expected 1.4.
• (0745 GMT/1315 IST) France budget balance, previous -161.6B.
• (0900 GMT/1430 IST) Italy retail sales, previous -0.8, expected 0.2.
• (0930 GMT/1500 IST) U.K. construc on PMI, previous 53.1, expected 52.3.
• (1330 GMT/1900 IST) Canada Job data, previous 83.6K, expected 22.0K.
• (1330 GMT/1900 IST) U.S. NFP job data, previous 638K, expected 500K.
• (1330 GMT/1900 IST) U.S. unemployment rate, previous 6.9, expected 6.8.
Economic Events Ahead:
• No key events scheduled for the day.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.01% to 90.72 points.
USD/JPY: The Japanese yen trades marginally lower and stabilizes below 104.00 mark. A sustained close above 104.50 will take the parity higher towards key resistance
around 104.70, 104.90, 105.22, 105.64, 105.92, 106.22 and 106.76 mark respec vely. On the other side, a consistent close below 103.73 will drag the parity down
towards 103.65, 103.50, 103.17 and 102.80 marks respec vely.
AUD/USD: The Aussie takes halt around $0.7449 mark. The pair made intraday high at $0.7443 and low at $0.7422 marks. On the top side key resistances are seen at
$0.7456, $0.7476 and $0.7520 mark respec vely. On the other hand, a consistent close below $0.7415 will take the parity down towards key supports around $0.7398,
$0.7350, $0.7297, $0.7270, $0.7220, $0.7190, $0.7170, $0.7122, $0.7090 and $0.7052 mark respec vely.
NZD/USD: The Kiwi exhibits range bound movement and consolidates around $0.7060 mark. Pair made intraday high at $0.7079 and low at $0.7054 mark. Key
resistances are seen at $0.7084, $0.7132 and $0.7157 mark respec vely. Alterna vely, a consistent close below $0.7018 will drag the parity down towards key supports
around $0.6960, $0.6922, $0.6850, $0.6783 and $0.6750 mark respec vely.
USD/INR: The Indian rupee rises gradually against U.S. dollar and touches 73.62 mark in opening hours. The pair made intraday high at 73.83 and low at 73.62 marks. A
sustained close below 73.43 marks will drag the parity down towards 73.20, 72.87, 72.65, 72.40 and 72.12 mark respec vely. On the top side key resistances are seen at
74.02, 74.40, 74.65, 75.02, 75.27, 75.39 and 75.62 marks respec vely.
EUR/USD: The euro trades flat and remains well supported above $1.21 mark. The pair made intraday high at $1.2153 and low at $1.2137 mark. A sustained close above
$1.2140 tests key resistances at $1.2176, $1.22 and $1.2240 mark respec vely. On the other side, a sustained close below $1.21 will target key supports around $1.2050,
$1.1970, $1.1900, $1.1850, $1.1802, $1.1770, $1.1740, $1.1672, $1.1640, $1.1590, $1.1540 and $1.1526 marks respec vely.
GBP/USD: The pound moves in s ff boundaries and stabilizes above $1.34 mark. Today pair made intraday high at $1.3467 and low at $1.3436 mark. A sustained close
above $1.3440 will drag the parity up towards $1.3478, $1.3498 and $1.3525 mark respec vely. Key support levels are seen at $1.3315, $1.3290, $1.3263, $1.3222,
$1.3170, $1.3122, $1.3090, $1.3054, $1.3002 and $1.2950 mark respec vely.
Commodity Trend:
XAU/USD (GOLD): Gold trades flat at $1,840 mark. Today pair made intraday high at $1,844 and low at $1,838 mark. A sustained close above $1,840 requires for the
upside rally. On the other side, consistent close below $1,815 will check key supports as well. Key support levels are seen around $1,802, $1,787, $1,776, $1,764, $1,758,
$1,747, $1,740 and $1,720 mark respec vely. Key resistances are seen at $1,842, $1,848, $1,857, $1,876 and $1,882 marks respec vely.
XAG/USD (Silver): Silver trades flat and hovers around $24.00 mark. Today pair made intraday high at $24.11 and low at $23.94 mark. A sustained close above $24.10
requires for upside rally. Key support levels are seen at $23.35, $22.50, $21.90, $21.76, $21.72, $21.60 and $21.49 marks respec vely. Key resistances are seen at $24.10,
$24.22, $24.78 and $25.02 marks respec vely.

3.
AUD / USD
REPORTFROM:TPGLOBALFXDECEMBER,2020
Time Frame: H1
INDICATORS
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 0.74488 S1 0.74094
Buy Above 0.74515
0.74634
0.74059
0.74059
0.73949
0.74515
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 0.74609 S2 0.73973
R3 0.74806 S3 0.73776
R4 0.75124 S4 0.73458
Conclusion
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0.74291

4.
EUR / USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 1.21685 S1 1.21123
Buy Above 1.21635
1.21881
1.21223
1.21223
1.20990
1.21635
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.21858 S2 1.20950
R3 1.22139 S3 1.20669
R4 1.22593 S4 1.20215
Conclusion
+1 7754 366 970
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1.21404
DECEMBER,2020

5.
GBP / USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 1.34916 S1 1.33666
Buy Above 1.34792
1.35096
1.33918
1.33918
1.33538
1.34792
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.35301 S2 1.33281
R3 1.35926 S3 1.32656
R4 1.36936 S4 1.31646
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1.34291
DECEMBER,2020

6.
USD /CAD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1.29186 S1 1.28506
Buy Above 1.29104
1.29336
1.28329
1.28329
1.28082
1.29104
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.29396 S2 1.28296
R3 1.29736 S3 1.27956
R4 1.30286 S4 1.27406
Conclusion
+1 7754 366 970
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1.28846
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
DECEMBER,2020

7.
USD /JPY
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 104.340 S1 103.680
Buy Above 104.452
104.678
103.620
103.620
103.433
104.452
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 104.544 S2 103.476
R3 104.874 S3 103.146
R4 105.408 S4 102.612
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
104.010
Trends Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
DECEMBER,2020

8.
XAU / [GOLD]USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1843.80 S1 1828.34
Buy Above 1847.63
1853.07
1835.85
1835.85
1831.43
1847.63
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1848.58 S2 1823.56
R3 1856.31 S3 1815.83
R4 S4 1803.32
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1836.07
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
1868.82
DECEMBER,2020

9.
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