DAILY ANALYSIS REPORT JANUARY-25-2021

Posted on
.

Time Frame

H1

Commentary :  AUD/USD: The Aussie exhibits range bound movement against U.S. dollar and consolidates around $0.7750 mark. The daily trend of the parity likely to be upside as both RSI and EMA support it too. The pair faces key hurdle at $0.7799 mark. In the absence of key fundamental events from Australia, pair likely to move in stiff boundaries.
IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RSI (Period=26)Above RSI LEVEL 50
FIBO Levels                                 PIVOT                                    –
R10.7762S10.7701
R20.7799S20.7660
R30.7820S30.7590
R40.7854S40.7520
BUYSELL
Trade IdeaTrade Idea
Buy Above : 0.77458Sell Below : 0.77079
– Take Profit : 0.77721– Take Profit : 0.76859
– Stop Loss : 0.77163– Stop Loss : 0.77392

Commentary : EUR/USD: The euro starts a new week on slightly positive note. Today ECB President Lagarde is scheduled to speak, which will provide further direction to the parity. Here, the EMA and RSI signal the upside trend for the time being. A sustained break below $1.2074 only will take the parity down towards key supports. Alternatively, a successful close above key resistance at $1.2182 will test key resistances too.
IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RSI (Period=26)Above RSI LEVEL 50
FIBO Levels                               PIVOT                                    –
R11.2198S11.2151
R21.2232S21.2128
R31.2265S31.2074
R41.2309S41.2040
BUYSELL
Trade IdeaTrade Idea
Buy Above : 1.21913 Sell Below : 1.21534
– Take Profit : 1.22171  – Take Profit : 1.21262
– Stop Loss : 1.21600  – Stop Loss : 1.21887

Commentary :  GBP/USD: The pound trades marginally higher on Monday and hovers around $1.3700 mark. The pair made intraday high at $1.3708 and low at $1.3669 mark. A sustained close above $1.3730 requires for the upside rally. Alternatively, a consistent close below $1.3672 will drag the parity down.
IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RSI (Period=26)Above RSI LEVEL 50
FIBO Levels                                  PIVOT                                     –
R11.3745S11.3672
R21.3776S21.3635
R31.3802S31.3552
R41.3844S41.3490
BUYSELL
  
Buy Above : 1.37158Sell Below : 1.36704
– Take Profit : 1.37354  – Take Profit : 1.36458
– Stop Loss : 1.36901  – Stop Loss : 1.36980

Commentary : USD/CAD: The Canadian dollar enjoys roller-coaster movement against U.S. dollar and stabilizes around $1.2700 mark. Today pair made intraday high at 1.2734 and low at 1.2697 mark. The technical tool like EMA confirms the downside trend for the long run.
IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RSI (Period=26)Above RSI LEVEL 50
FIBO Levels                                 PIVOT                                    –
R11.2740S11.2672
R21.2783S21.2630
R31.2822S31.2570
R41.2848S41.2537
BUYSELL
Trade IdeaTrade Idea
Buy Above : 1.27346Sell Below : 1.26900
– Take Profit : 1.27644  – Take Profit : 1.26625
– Stop Loss : 1.27006  – Stop Loss : 1.27174

Commentary : USD/JPY: The Japanese yen rises on Monday and remains well supported below 104.00 mark. A sustained close above 104.22 requires for the upside rally. Technical tool like EMA indicates downside trend for the long run. Alternatively, a consistent close below 103.48 will test key supports too.
IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RSI (Period=26)Above RSI LEVEL 50
FIBO Levels                                 PIVOT                                     –
R1104.22S1103.28
R2104.90S2102.90
R3105.40S3102.45
R4105.94S4102.10
BUYSELL
Trade IdeaTrade Idea
Buy Above : 103.927Sell Below : 103.601
– Take Profit : 104.128  – Take Profit : 103.455
– Stop Loss : 103.741  – Stop Loss : 103.808

Commentary : XAU/USD (GOLD): Gold remains slightly volatile on Monday and stabilizes above $1,850 mark.Today pair made intraday high at $1,860 and low at 1,852 mark. A sustained close above $1,872 requires for the upside rally. Alternatively, current downside trend will check key supports too. The key ranges for the gold will be $1,862 – $1,852 mark. A sustained close of either side will give further direction to the parity.
IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RSI (Period=26)Above RSI LEVEL 50
FIBO Levels                                   PIVOT                                     –
R11862S11848
R21867S21840
R31872S31832
R41885S41820
BUYSELL
Trade IdeaTrade Idea
Buy Above : 1861.61Sell Below : 1847.24
– Take Profit : 1869.49  – Take Profit : 1839.00
– Stop Loss : 1853.88  – Stop Loss : 1856.56

Download Report in PDF

We provide every solution to start your own

Tags
Disclamer:
Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note that even knowledgeable and well-experienced investors can experience large potential losses as a result of trading in Forex and CFDs. Consequently, investors should be fully aware of all the risks involved when trading Forex and CFDs and accept all the negative consequences associated with such trading. Please always remember that trading in Forex and CFDs might not be suitable for all investors. It is desirable investors who would consider trading, to do so only with money that they can afford to lose. You are also recommended to seek independent financial advice if necessary. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. Apple, the Apple logo, iPod, iPad, iPod touch, and iTunes are trademarks of Apple Inc, registered in the US and other countries. IPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc. This site is run and operated by – TP Global Services Limited registered by FSA, St. Vincent and the Grenadines with Number 25274 BC 2019 TP Global Services Limited does not offer its services to residents of certain jurisdictions such as USA, and British Columbia.
Share on facebook
Share on linkedin
Share on twitter
Share on telegram
Share on whatsapp
Unleash Powerful Trading Conditions with TP Global.

Recent Posts

Categories

Offices

305 Griffith Corporate Park, Beachmont Kingston, Saint Vincent & the Grenadines

Mail us

Drop mail at:
support@tpglobalfx.com

Contact us

Call or Whatsapp
+1 7754366970

Risk Warning: Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note that even knowledgeable and well-experienced investors can experience large potential losses as a result of trading in Forex and CFDs. Consequently, investors should be fully aware of all the risks involved when trading Forex and CFDs and accept all the negative consequences associated with such trading. Please always remember that trading in Forex and CFDs might not be suitable for all investors. It is desirable investors who would consider trading, to do so only with money that they can afford to lose. You are also recommended to seek independent financial advice if necessary. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. Apple, the Apple logo, iPod, iPad, iPod touch, and iTunes are trademarks of Apple Inc, registered in the US and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc. This site is run and operated by - TP Global Services Limited registered by St. Vincent and the Grenadines with Number 25274 BC 2019. Registered office: Suite 305, Griffith Corporate Centre, Beachmont, P.O.Box 1510, Kingstown Saint Vincent and the Grenadines

TP Global Fx Africa Limited is incorporated in Federal Republic of Nigeria under the Companies and Allied matters Act 1990 with registration number RC 1674202. The objects of the company are all subject matters not forbidden by Companies and Allied Matters Act 1990. To provide Electronic Platform through which clients can choose currencies, commodities, indexes, CFDs and other leveraged financial instruments to trade.

TP Global Services Limited is registered with NFA (National Futures Association) USA with Registration Number 0533098.

mappin at-sign phone close