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15 December, 2020
Daily Analysis Report

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Asian Bulle n: Aussie trades marginally lower a er RBA’s Monetary Policy Mee ng Minutes, Asian stock markets extremely down, gold back above $1,830 mark
Asian Headlines:
• Westpac consumer sen ment stands at 106.0 vs 95.1 previous release.
• China fixed asset investment stands at 2.6 pct vs 1.8 pct previous release.
• China industrial produc on stands at 7.0 pct vs 6.9 pct previous release.
• China retail sales stand at 5.0 pct vs 4.3 pct previous release.
• China unemployment rate stands at 5.2 pct vs 5.3 pct previous release.
Economic Data Ahead:
• (0700 GMT/1230 IST) U.K. Claimant count change, previous -29.8K, expected 10.5K.
• (0700 GMT/1230 IST) U.K. unemployment rate, previous 4.8, expected 5.1.
• (0730 GMT/1300 IST) Swiss PPI, previous 0.0, expected 0.1.
• (0745 GMT/1315 IST) France final CPI, previous 0.2, expected 0.2.
• (1330 GMT/1900 IST) Canada manufacturing sales, previous 1.5, expected 0.5.
• (1330 GMT/1900 IST) U.S. Empire State Manufacturing Index, previous 6.3, expected 6.3.
• (1415 GMT/1945 IST) U.S. Capacity u liza on rate, previous 72.8, expected 73.1.
• (1415 GMT/1945 IST) U.S. industrial produc on, previous 1.1, expected 0.3.
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 90.70 points.
USD/JPY: The Japanese yen exhibits range bound movement and hovers around 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 reverses previous gain against U.S. dollar and touches $0.7509 mark in early. The pair made intraday high at $0.7546 and low at $0.7509 marks. On
the top side key resistances are seen at $0.7571, $0.7590, $0.7622 and $0.7650 mark respec vely. On the other hand, a consistent close below $0.7530 will take the
parity down towards key supports around $0.7450, $0.7398, $0.7350, $0.7297, $0.7270, $0.7220 and $0.7190 mark respec vely.
NZD/USD: The Kiwi moves in s ff boundaries and stabilizes around $0.7070 mark. Pair made intraday high at $0.7092 and low at $0.7070 mark. Key resistances are seen
at $0.7132, $0.7157 and $0.7190 mark respec vely. Alterna vely, a consistent close below $0.7040 will drag the parity down towards key supports around $0.7002,
$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 hovers around 73.50 mark. The pair made intraday high at 73.65 and low at 73.57 marks. A sustained
close below 73.57 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 marginally higher and trading around $1.2150 mark. The pair made intraday high at $1.2163 and low at $1.2140 mark. A sustained close above
$1.2143 tests key resistances at $1.2176, $1.2240 and $1.2285 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 sterling remains highly vola le now days as Brexit topic is the very crucial and its deadline is coming near too. Today pair made intraday high at $1.3347
and low at $1.3308 mark. A sustained close above $1.34 will drag the parity up towards $1.3428, $1.3478, $1.3498 and $1.3525 mark respec vely. Key support levels are
seen at $1.3290, $1.3263, $1.3222 and $1.3170 marks respec vely.
Commodity Trend:
XAU/USD (GOLD): Gold touched $1,819 mark in previous session but recovers quickly. Today pair made intraday high at $1,835 and low at $1,825 mark. A sustained close
above $1,840 requires for the upside rally. On the other side, consistent close below $1,827 will check key supports as well. Key support levels are seen around $1,810,
$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 $1,840, $1,847, $1,862, $1,876, $1,882, $1,888, $1,894
and $1,902 marks respec vely.
XAG/USD (Silver): Silver rises slightly on Tuesday and hovers around $24.00 mark. Today pair made intraday high at $24.05 and low at $23.82 mark. A sustained close
above $24.55 requires for upside rally. Key support levels are seen at $23.82, $23.55, $23.35, $22.50 and $21.90 marks respec vely. Key resistances are seen at $24.78,
$25.02, $25.37, $25.50 and $25.62 marks respec vely.

AUD / USD
REPORTFROM:TPGLOBALFXDECEMBER,2020
Time Frame: H1
INDICATORS
Trends Down Trend
Moving Average (Period=75) Below MA
H 1
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT
R1 0.75649 S1 0.75241
Buy Above 0.75638
0.75892
0.74896
0.74896
0.74656
0.75638
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 0.75775 S2 0.75115
R3 0.75979 S3 0.74911
R4 0.76309 S4 0.74581
Conclusion
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0.75445

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 1.21679 S1 1.21213
Buy Above 1.21711
1.21912
1.21162
1.21162
1.20989
1.21711
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.21823 S2 1.21069
R3 1.22056 S3 1.20836
R4 1.22433 S4 1.20459
Conclusion
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1.21446
DECEMBER,2020

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 1.34141 S1 1.32953
Buy Above 1.34196
1.34622
1.32825
1.32825
1.32357
1.34196
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.34507 S2 1.32587
R3 1.35101 S3 1.31993
R4 1.36061 S4 1.31033
Conclusion
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1.33547
DECEMBER,2020

USD /CAD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1.27845 S1 1.27313
Buy Above 1.27905
1.28130
1.27303
1.27303
1.27078
1.27905
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.28010 S2 1.27148
R3 1.28276 S3 1.26882
R4 1.28707 S4 1.26451
Conclusion
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1.27579
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
DECEMBER,2020

USD /JPY
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 104.102 S1 103.652
Buy Above 104.345
104.541
103.800
103.800
103.582
104.345
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 104.241 S2 103.513
R3 104.466 S3 103.288
R4 104.830 S4 102.924
Conclusion
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103.877
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
DECEMBER,2020

XAU / [GOLD]USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1836.00 S1 1820.48
Buy Above 1845.19
1850.72
1827.99
1827.99
1823.10
1845.19
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1840.80 S2 1815.68
R3 1848.56 S3 1807.92
R4 S4 1795.36
Conclusion
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1828.24
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
1861.12
DECEMBER,2020

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