Let's review all the major instrument analysis including: #AUDUSD, #EURUSD, #GBPUSD, #USDCAD, #USDJPY and #GOLD.

1. Daily Analysis Report
+1 7754 366 970
analysis@tpglobalfx.com
REPORTFROM:TPGLOBALFX
11 August, 2020

2. +1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: Japanese yen trades marginally lower despite robust current account data, Asian stock markets no ceably up; gold hovers around $2,020 mark
Asian Headlines:
• U.K. BRC retail sales monitor y/y stands at 4.3 pct vs 10.9 pct previous release (expected 2.5).
• Japan bank lending stands at 6.3 pct vs 6.2 pct previous release (expected 6.2).
• Japan Current account stands at 1.05T vs 0.82T previous release (expected 1.00T).
• Australia NAB business confidence stands at -14 vs 1 previous release.
• Australia NAB business survey stands at 0 vs -7 previous release.
• Singapore GDP q/q stands at -42.9 pct vs -3.1 pct previous release (expected -42.9).
Economic Data Ahead:
• (0200 ET/0600 GMT) U.K. claimant count change, previous -28.1K.
• (0200 ET/0600 GMT) U.K. average earning index, previous -0.3K, expected -1.2K.
• (0200 ET/0600 GMT) U.K. unemployment rate, previous 3.9, expected 4.2.
• (0500 ET/0900 GMT) Euro ZEW Economic sen ment, previous 59.6, expected 55.3.
• (0500 ET/0900 GMT) German ZEW Economic sen ment, previous 59.3, expected 55.0.
• (0600 ET/1000 GMT) U.S. NFIB small business index, previous 100.6, expected 101.7.
• (0830 ET/1230 GMT) U.S. core PPI, previous -0.3, expected 0.1.
• (0830 ET/1230 GMT) U.S. PPI, previous -0.2, expected 0.3.
• (0930 ET/1330 GMT) U.K. CB leading index, previous -1.4.
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 0.06% to 93.53.
USD/JPY: The Japanese yen trades marginally lower despite robust current account, bank lending data. A sustained close above 105.95 will take the parity higher towards
key resistance around 106.22, 106.90, 107.92, 108.22, 108.54, 109.20 and 109.72 mark respec vely. On the other side, a consistent close below 105.70 will drag the
parity down towards 105.10, 104.72, 104.20, 103.50 and 102.98 marks respec vely.
AUD/USD: The Aussie trades slightly up against U.S. dollar a er mixed economic data. The pair made intraday high at $0.7185 and low at $0.7144 marks. On the top side
key resistances are seen at $0.7190, $0.7247, $0.7286 and $0.7344 mark respec vely. On the other hand, a consistent close below $0.7148 will take the parity down
towards key supports around $0.7123, $0.7082, $0.7040, $0.6969, $0.6922, $0.6861, $0.6833 and $0.6799 mark respec vely.
NZD/USD: The kiwi fails to find support below $0.6576 mark and jumps back above $0.66 mark. Pair made intraday high at $0.6626 and low at $0.6582 mark. Key
resistances are seen at $0.6649, $0.6715, $0.6766, $0.6782 and $0.6824 mark respec vely. Alterna vely, a consistent close below $0.6590 will drag the parity down
towards key supports around $0.6576, $0.6530, $0.6499, $0.6476, $0.6420, $0.6380, $0.6356, $0.6289, $0.6240 mark respec vely.
USD/INR: The Indian rupee exhibits range bound movement against U.S. dollar and slips back below 75.00 mark. The pair made intraday high at 74.76 and low at 74.60. A
sustained close below 74.58 marks will drag the parity down towards 74.37, 74.00, 73.76, 73.50, 73.42 and 73.26 mark respec vely. On the top side key resistances are
seen at 75.20, 75.39, 75.52, 75.65, 76.24, 76.48 and 76.88 marks respec vely.
EUR/USD: The euro touches $1.1722 mark against U.S. dollar in early Asia. The pair made intraday high at $1.1754 and low at $1.1722 mark. A sustained close above
$1.1737 tests key resistances at $1.1802, $1.1876, $1.1917, $1.1948, $1.1976 and $1.1999 mark respec vely. On the other side, a sustained close below $1.1737 will
target key supports around $1.1695, $1.1654, $1.1590, $1.1540 and $1.1526 marks respec vely.
GBP/USD: The pound trades almost flat ahead of U.K.’s job data. A sustained close above $1.3071 will drag the parity up towards $1.3102, $1.3141, $1.3185, $1.3212,
$1.3257 and $1.3289 mark respec vely. Key support levels are seen at $1.3048, $1.3009, $1.2950, $1.2838 and $1.2775 mark respec vely.
Commodity Trend:
XAU/USD (GOLD): Gold depreciates in early Asia. Today pair made intraday high at $2,030 and low at $2,014 mark. A sustained close above $2,063 requires for the upside
rally. Alterna vely, reversal from key resistance will take the parity down towards key supports around $2,009, $1,999, $1,987, $1,956, $1,947, $1,942, $1,931, $1,912,
$1,907, $1,881 and $1,862 mark respec vely. Key resistances are seen at $2,030, $2,049, $2,076, $2,082, $2,088, $2,094 and $2,111 mark respec vely.
XAG/USD (Silver): Silver falls in opening hours but remains well supported above $28.00 mark. A sustained close above $29.13 requires for upside rally. Key support levels
are seen at $28.30, $27.88, $26.94, $26.00, $25.28, $24.41, $23.48 and $23.24 marks respec vely. Key resistances are seen at $29.24, $29.85, $30.12, $30.52, $30.76 and
$31.11 marks respec vely.

3. AUD / USD
REPORTFROM:TPGLOBALFXAUGUST,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 0.71740 S1 0.71404
Buy Above 0.71947
0.72164
0.71280
0.71280
0.71093
0.71947
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 0.71844 S2 0.71300
R3 0.72012 S3 0.71132
R4 0.72284 S4 0.70860
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
0.71572

4. EUR / USD
REPORTFROM:TPGLOBALFX
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 1.17968 S1 1.17508
Buy Above 1.18315
1.18736
1.17088
1.17088
1.16715
1.18315
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.18110 S2 1.17366
R3 1.18340 S3 1.17136
R4 1.18712 S4 1.16764
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1.17738
AUGUST,2020

5. 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 1.31016 S1 1.30400
Buy Above 1.31141
1.31517
1.30044
1.30044
1.29557
1.31141
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.31207 S2 1.30209
R3 1.31515 S3 1.29901
R4 1.32014 S4 1.29402
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1.30708
AUGUST,2020

6. USD /CAD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1.33799 S1 1.33333
Buy Above 1.33726
1.33980
1.33117
1.33117
1.32888
1.33726
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.33942 S2 1.33190
R3 1.34175 S3 1.32957
R4 1.34551 S4 1.32581
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1.33566
Trend Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50
AUGUST,2020

7. USD /JPY
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 106.087 S1 105.721
Buy Above 105.946
106.140
105.504
105.504
105.277
105.946
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 106.200 S2 105.608
R3 106.383 S3 105.425
R4 106.679 S4 105.129
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
105.904
Trends Up Trend
Moving Average (Period=75) Above MA
RIS (Period=26) Above RIS LEVEL 50
AUGUST,2020

8. XAU / [GOLD]USD
REPORTFROM:TPGLOBALFX
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 2043.60 S1 2020.22
Buy Above 2042.85
2053.01
2010.51
2010.51
1999.05
2042.85
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 2050.81 S2 2013.01
R3 2062.50 S3 2001.32
R4 S4 1982.42
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
2031.91
Trends Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50
2081.40
AUGUST,2020

9. Thank
you!
Info@tpglobalfx.com
www.tpglobalfx.com
REPORTFROM:TPGLOBALFX
/tpglobalfx /tpglobalfx /tpglobalfx /tpglobalfx
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.
Disclamer:
Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note