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21 September, 2020
Daily Analysis Report

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Asian Bulle n: Japanese yen starts a new week on posi ve note, hits fresh 2 – month high at 104.26 mark; Most Asian stock markets in red; gold hovers around $1,950
mark
Asian Headlines:
• U.K. HPI m/m stands at 0.2 pct vs -0.2 pct previous release.
• PBoC loan prime rate remains unchanged at 3.85 pct.
• New Zealand credit card spending y/y stands at -11.9 pct vs -5.0 pct previous release.
Economic Data Ahead:
• (0400 ET/0800 GMT) Spain trade balance, previous 1.48B.
• (0500 ET/0900 GMT) Hong Kong CPI, previous -2.3.
• (0830 ET/1230 GMT) Canada NHPI m/m, previous 0.4, expected 0.2.
Economic Events Ahead:
• ECB President Lagarde’s speech (0845 ET/1245 GMT).
• Fed Chair Powell’s speech (1400 GMT/1930 IST).
• U.S. – FOMC member Brainard’s speech (1600 GMT/2130 IST).
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.16% to 92.70.
USD/JPY: The Japanese yen strengthens extremely on Monday and hits fresh 2 – month high at 104.26 mark. A sustained close above 104.55 will take the parity higher
towards key resistance around 104.90, 105.40, 105.90, 106.22, 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 104.55 will drag the parity down towards 104.20, 103.50 and 102.98 marks respec vely.
AUD/USD: The Aussie trades marginally higher on Monday. The pair made intraday high at $0.7322 and low at $0.7282 marks. On the top side key resistances are seen at
$0.7340, $0.7370, $0.7422, $0.7462 and $0.7502 mark respec vely. On the other hand, a consistent close below $0.7289 will take the parity down towards key supports
around $0.7212, $0.7190, $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 rises gradually against U.S. dollar and remains well supported above $0.6750 mark. Pair made intraday high at $0.6778 and low at $0.6752 mark. Key
resistances are seen at $0.6789, $0.6824, $0.6867 and $0.6910 mark respec vely. Alterna vely, a consistent close below $0.6755 will drag the parity down towards key
supports around $0.6702, $0.6650, $0.6618, $0.6547, $0.6499, $0.6476, $0.6420, $0.6380, $0.6356, $0.6289, $0.6240 mark respec vely.
USD/INR: The Indian rupee rises on Monday and touches 73.30 mark in opening hours. The pair made intraday high at 73.56 and low at 73.31 mark. A sustained close
below 73.30 marks will drag the parity down towards 73.02, 72.88, 72.65, 72.40 and 72.12 mark respec vely. On the top side key resistances are seen at 73.57, 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 posi ve note. The pair made intraday high at $1.1871 and low at $1.1839 mark. A sustained close above $1.1863 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 $1.1815 will target key supports
around $1.1802, $1.1774, $1.1737, $1.1695, $1.1654, $1.1590, $1.1540 and $1.1526 marks respec vely.
GBP/USD: The pound trades flat on Monday. A sustained close above $1.2973 will drag the parity up towards $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 $1.2912, $1.2888, $1.2820, $1.2762, $1.2740, $1.2695, $1.2662 and
$1.2620 mark respec vely.
Commodity Trend:
XAU/USD (GOLD): Gold con nues to trade direc onless on Monday. Today pair made intraday high at $1,955 and low at $1,946 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 $1,940, $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 $1,972, $1,982, $1,994, $2,008, 2,020, 2,038 and $2,063 marks
respec vely.
XAG/USD (Silver): Silver trades in s ff boundaries. A sustained close above $29.13 requires for upside rally. Key support levels are seen at $26.73, $26.52, $26.12, $25.53,
$25.02, $24.70, $23.41, $23.24 and $23.02 marks respec vely. Key resistances are seen at $27.04, $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 0.73200 S1 0.72816
Buy Above 0.73345
0.73488
0.72748
0.72748
0.72522
0.73345
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 0.73330 S2 0.72694
R3 0.73526 S3 0.72498
R4 0.73844 S4 0.72180
Conclusion
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0.73012

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 1.18623 S1 1.18287
Buy Above 1.18782
1.18976
1.18001
1.18001
1.17793
1.18782
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.18728 S2 1.18182
R3 1.18896 S3 1.18014
R4 1.19169 S4 1.17741
Conclusion
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1.18455
SEPTEMBER,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 1.29777 S1 1.29127
Buy Above 1.30089
1.30519
1.28810
1.28810
1.28466
1.30089
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.29978 S2 1.28926
R3 1.30303 S3 1.28601
R4 1.30829 S4 1.28075
Conclusion
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1.29452
SEPTEMBER,2020

USD /CAD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1.32099 S1 1.31551
Buy Above 1.31954
1.32168
1.31471
1.31471
1.31272
1.31954
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.32267 S2 1.31383
R3 1.32541 S3 1.31109
R4 1.32983 S4 1.30667
Conclusion
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1.31551
Trend Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50
SEPTEMBER,2020

USD /JPY
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 104.791 S1 104.335
Buy Above 104.859
105.122
104.134
104.134
103.899
104.859
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 104.993 S2 104.193
R3 105.161 S3 103.965
R4 105.531 S4 103.595
Conclusion
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104.563
Trends Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50
SEPTEMBER,2020

XAU / [GOLD]USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1957.50 S1 1945.26
Buy Above 1960.47
1966.14
1940.06
1940.06
1934.01
1960.47
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1961.29 S2 1941.47
R3 1967.41 S3 1935.35
R4 S4 1925.44
Conclusion
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1951.38
Trends Up Trend
Moving Average (Period=75) Above MA
RIS (Period=26) Above RIS LEVEL 50
1977.32
SEPTEMBER,2020

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