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20 November, 2020
Daily Analysis Report

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Asian Bulle n: Japanese yen falls in Asian hours as Manufacturing PMI data misses expecta ons, Asian stock markets mixed, gold hovers around $1,870 mark
Asian Headlines:
• Japan na onal Core CPI stands at -0.7 vs -0.3 pct previous release (expected -0.7).
• U.K. GFK consumer confidence stands at -33 vs -31 previous release.
• Australia retail sales stand at 1.6 pct vs -1.1 pct previous release.
• Japan flash manufacturing PMI stands at 48.3 vs 48.7 previous release.
Economic Data Ahead:
• (0200 ET/0700 GMT) U.K. Retail Sales, previous 1.5, expected -0.3.
• (0830 ET/1330 GMT) Canada Retail Sales, previous 0.4, expected 0.2.
• (0830 ET/1330 GMT) Canada Core Retail Sales, previous 0.5, expected 0.0.
Economic Events Ahead:
• (0315 ET/0815 GMT) ECB President Lagarde speech.
• (0830 ET/1330 GMT) U.S. FOMC member Kaplan’s speech.
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 92.28 points.
USD/JPY: The Japanese yen falls in early Asia on the back of lower than expected manufacturing PMI data. A sustained close above 103.73 will take the parity higher
towards key resistance around 104.20, 104.60, 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 depreciates slightly despite robust retail sales data. The pair made intraday high at $0.7291 and low at $0.7266 marks. On the top side key
resistances are seen at $0.7347, $0.7376, $0.74 and $0.7426 mark respec vely. On the other hand, a consistent close below $0.7298 will take the parity down towards
key supports around $0.7270, $0.7220, $0.7190, $0.7170, $0.7122, $0.7090 and $0.7052 mark respec vely.
NZD/USD: The Kiwi trades marginally higher on Friday and jumps back above $0.6900 mark. Pair made intraday high at $0.6924 and low at $0.6904 mark. Key resistances
are seen at $0.6938, $0.6962 and $0.6988 mark respec vely. Alterna vely, a consistent close below $0.6890 will drag the parity down towards key supports around
$0.6850, $0.6783, $0.6750, $0.6690, $0.6610, $0.6578, $0.6527 and $0.6499 mark respec vely.
USD/INR: The Indian rupee trades in narrow range and faces strong support at 74.02. The pair made intraday high at 74.15 and low at 74.05 marks. A sustained close
below 74.22 marks will drag the parity down towards 73.90, 73.57, 73.20, 72.87, 72.65, 72.40 and 72.12 mark respec vely. On the top side key resistances are seen at
74.40, 74.65, 75.02, 75.27, 75.39 and 75.62 marks respec vely.
EUR/USD: The euro rises gradually and hovers around immediate resistance around $1.1890 mark. The pair made intraday high at $1.1886 and low at $1.1865 mark. A
sustained close above $1.1873 tests key resistances at $1.1890, $1.1936, $1.1975, $1.2022, $1.2047, $1.2082 and $1.2120 mark respec vely. On the other side, a
sustained close below $1.1852 will target key supports around $1.1802, $1.1770, $1.1740, $1.1672, $1.1640, $1.1590, $1.1540 and $1.1526 marks respec vely.
GBP/USD: The pound rises on Friday and trading around $1.3270 mark. Today pair made intraday high at $1.3274 and low at $1.3238 mark. A sustained close above
$1.3270 will drag the parity up towards $1.3322, $1.3354 and $1.3382 mark respec vely. Key support levels are seen at $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 on Friday and stabilizes around $1,867 mark. Today pair made intraday high at $1,867 and low at $1,860 mark. A sustained close above
$1,902 requires for the upside rally. On the other side, consistent close below $1,861 will check key supports as well. Key support levels are seen around $1,860, $1,852,
$1,848, $1,840, $1,822, $1,809 and $1,787 mark respec vely. Key resistances are seen at $1,876, $1,882, $1,887, $1,892, $1,902, $1,917, $1,922, $1,940, $1,947, $1,967,
$1,974, $1,982, $1,991, $1,999 and $2,000 marks respec vely.
XAG/USD (Silver): Silver trades flat at $24.20 mark. Today pair made intraday high at $24.18 and low at $23.90 mark. A sustained close above $24.78 requires for upside
rally. Key support levels are seen at $24.15, $23.90, $23.65, $23.22, $22.90, $22.77 and $22.40 marks respec vely. Key resistances are seen at $24.78, $25.02, $25.22,
$25.47, $25.90 and $26.08 marks respec vely.

AUD / USD
REPORTFROM:TPGLOBALFXNOVEMBER,2020
Time Frame: H1
INDICATORS
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RIS (Period=26) Above RIS LEVEL 50
FIBO Levels PIVOT
R1 0.73003 S1 0.72613
Buy Above 0.73151
0.73348
0.72728
0.72728
0.72539
0.73151
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 0.73124 S2 0.72492
R3 0.73319 S3 0.72297
R4 0.73635 S4 0.71981
Conclusion
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0.72808

EUR / USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS
Trends Up Trend
Moving Average (Period=75 Above MA
H 1
RIS (Period=26) Above RIS LEVEL 50
FIBO Levels PIVOT
R1 1.18819 S1 1.18315
Buy Above 1.18992
1.19146
1.18422
1.18422
1.18239
1.18992
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.18975 S2 1.18159
R3 1.19227 S3 1.17907
R4 1.19635 S4 1.17499
Conclusion
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1.18567
NOVEMBER,2020

GBP / USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RIS (Period=26) Above RIS LEVEL 50
FIBO Levels PIVOT
R1 1.32771 S1 1.32133
Buy Above 1.33270
1.33460
1.32225
1.32225
1.31971
1.33270
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.32967 S2 1.31937
R3 1.33286 S3 1.31618
R4 1.33801 S4 1.31103
Conclusion
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1.32452
NOVEMBER,2020

USD /CAD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1.31092 S1 1.30552
Buy Above 1.31221
1.31438
1.30450
1.30450
1.30284
1.31221
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.31259 S2 1.30385
R3 1.31529 S3 1.30115
R4 1.31966 S4 1.29678
Conclusion
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1.30822
Trend Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50
NOVEMBER,2020

USD /JPY
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 104.077 S1 103.697
Buy Above 104.203
104.351
103.621
103.621
103.444
104.203
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 104.195 S2 103.579
R3 104.385 S3 103.389
R4 104.693 S4 103.081
Conclusion
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103.887
Trends Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50
NOVEMBER,2020

XAU / [GOLD]USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1872.36 S1 1856.02
Buy Above 1873.65
1880.21
1855.65
1855.65
1850.17
1873.65
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1877.40 S2 1850.98
R3 1885.57 S3 1842.81
R4 S4 1829.60
Conclusion
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1864.19
Trends Up Trend
Moving Average (Period=75) Above MA
RIS (Period=26) Above RIS LEVEL 50
1898.78
NOVEMBER,2020

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