Daily Analysis Report
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14 September, 2020

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Asian Bulle n: U.S. dollar trades flat against major peers ahead of FOMC interest rate decision; Asian stock markets in green; gold hovers around $1,951 mark
Asian Headlines:
• Japan Reuters Tankan Index stands at -29 vs -33 previous release.
• China house price remains unchanged at 4.8 pct.
• Japan Ter ary industry ac vity stands at -0.5 vs 9.0 previous release (expected 0.6).
• Japan revised industrial produc on stands at 8.7 vs 8.0 previous release (expected 8.0).
Economic Data Ahead:
• (0230 ET/0630 GMT) India WPI manufacturing infla on, previous 0.51 pct.
• (0300 ET/0700 GMT) Singapore unemployment rate, previous 2.9, expected 2.9.
• (0500 ET/0900 GMT) Euro industrial produc on, previous 9.1, expected 4.0.
• (0530 ET/0930 GMT) South Africa business confidence, previous 82.8.
• (0800 ET/1200 GMT) India CPI y/y, previous 6.93, expected 6.85 pct.
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 0.13% to 93.21.
USD/JPY: The Japanese yen remains almost unchanged a er mixed economic data. A sustained close above 106.56 will take the parity higher towards key resistance
around 106.92, 107.48, 107.92, 108.22, 108.54, 109.20 and 109.72 mark respec vely. On the other side, a consistent close below 105.90 will drag the parity down
towards 105.40, 105.10, 104.72, 104.20, 103.50 and 102.98 marks respec vely.
AUD/USD: The Aussie trades marginally higher ahead of RBA’s monetary policy mee ng minutes due tomorrow. The pair made intraday high at $0.7289 and low at
$0.7268 marks. On the top side key resistances are seen at $0.7298, $0.7340, $0.7370, $0.7422, $0.7462 and $0.7502 mark respec vely. On the other hand, a consistent
close below $0.7190 will take the parity down towards key supports around $0.7158, $0.7123, $0.7082, $0.7040, $0.6969, $0.6922, $0.6861, $0.6833 and $0.6799 mark
respec vely.
NZD/USD: The kiwi moves in rigid boundaries but remains well supported below $0.67 mark. Pair made intraday high at $0.6695 and low at $0.6656 mark. Key
resistances are seen at $0.6690, $0.6740, $0.6770, $0.6824, $0.6867 and $0.6910 mark respec vely. Alterna vely, a consistent close below $0.6601 will drag the parity
down towards key supports around $0.6547, $0.6499, $0.6476, $0.6420, $0.6380, $0.6356, $0.6289, $0.6240 mark respec vely.
USD/INR: The Indian rupee trades flat ahead of WPI infla on and CPI data. The pair made intraday high at 73.41 and low at 73.33 mark. A sustained close below 73.02
marks will drag the parity down towards 72.88, 72.65, 72.40 and 72.12 mark respec vely. On the top side key resistances are seen at 73.77, 74.10, 74.37, 74.70, 75.02,
75.20 and 75.39 marks respec vely.
EUR/USD: The euro starts a new week on slightly posi ve note. The pair made intraday high at $1.1851 and low at $1.1831 mark. A sustained close above $1.1851 tests
key resistances at $1.1936, $1.1975, $1.2022, $1.2047, $1.2082 and $1.2120 mark respec vely. On the other side, a sustained close below $1.1774 will target key
supports around $1.1737, $1.1695, $1.1654, $1.1590, $1.1540 and $1.1526 marks respec vely.
GBP/USD: The pair takes halt around $1.2762 mark and currently stabilizes above $1.28 mark. A sustained close above $1.2804 will drag the parity up towards $1.2880,
$1.2930, $1.3002, $1.3070, $1.3102, $1.3148, $1.3210, $1.3276, $1.3350, $1.3382, $1.3422, $1.3442 and $1.3515 mark respec vely. Key support levels are seen at
$1.2762, $1.2740, $1.2695, $1.2662 and $1.2620 mark respec vely.
Commodity Trend:
XAU/USD (GOLD): Gold trades flat at $1,948 mark ahead of FOMC interest rate decision due on Wednesday. Today pair made intraday high at $1,951 and low at $1,937
mark. A sustained close above $2,001 requires for the upside rally. Alterna vely, reversal from key resistance will take the parity down towards key supports around
$1,932, $1,922, $1,910, $1,902, $1,890, $1,862, $1,840, $1,822, $1,809 and $1,787 mark respec vely. Key resistances are seen at $1,958, $1,970, $1,982, $1,994, $2,008,
2,020, 2,038 and $2,063 marks respec vely.
XAG/USD (Silver): Silver consolidates around $26.90 mark. A sustained close above $29.13 requires for upside rally. Key support levels are seen at $26.53, $26.12, $25.53,
$25.02, $24.70, $23.41, $23.24 and $23.02 marks respec vely. Key resistances are seen at $26.90, $27.02, $27.17, $27.22, $27.70, $28.12, $28.84, $28.97, $29.13 and
$29.55 marks respec vely.

AUD / USD
REPORTFROM:TPGLOBALFXSEPTEMBER,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 0.73000 S1 0.72588
Buy Above 0.72952
0.73187
0.72378
0.72378
0.72159
0.72952
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 0.73126 S2 0.72462
R3 0.73332 S3 0.72256
R4 0.73664 S4 0.71924
Conclusion
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0.72794

EUR / USD
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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 1.18674 S1 1.18186
Buy Above 1.18630
1.18946
1.17971
1.17971
1.17743
1.18630
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.18824 S2 1.18036
R3 1.19068 S3 1.17792
R4 1.19462 S4 1.17398
Conclusion
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1.18430
SEPTEMBER,2020

GBP / USD
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Time Frame: H1
INDICATORS
Trends Down Trend
Moving Average (Period=75) Below MA
H 1
RIS (Period=26) Below RIS LEVEL 50
FIBO Levels PIVOT
R1 1.28475 S1 1.27683
Buy Above 1.28997
1.29600
1.27506
1.27506
1.26814
1.28997
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.28720 S2 1.27438
R3 1.29116 S3 1.27042
R4 1.29757 S4 1.26401
Conclusion
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1.28079
SEPTEMBER,2020

USD /CAD
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Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1.32017 S1 1.31583
Buy Above 1.32083
1.32330
1.31401
1.31401
1.31119
1.32083
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.32150 S2 1.31450
R3 1.32367 S3 1.31233
R4 1.32717 S4 1.30883
Conclusion
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1.31800
Trend Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50
SEPTEMBER,2020

USD /JPY
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Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 106.228 S1 106.070
Buy Above 106.275
106.375
105.963
105.963
105.840
106.275
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 106.276 S2 106.022
R3 106.355 S3 105.943
R4 106.482 S4 105.816
Conclusion
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106.149
Trends Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50
SEPTEMBER,2020

XAU / [GOLD]USD
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Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1950.70 S1 1937.26
Buy Above 1955.81
1960.03
1936.94
1936.94
1926.58
1955.81
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1954.86 S2 1933.10
R3 1961.58 S3 1926.38
R4 S4 1915.50
Conclusion
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1943.98
Trends Up Trend
Moving Average (Period=75) Above MA
RIS (Period=26) Above RIS LEVEL 50
1972.46
SEPTEMBER,2020

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