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Asian Bulle n: Japanese yen remains almost unchanged a er retail sales data; Asian stock markets in red; gold stabilizes above $1,770 mark
Asian Headlines:
• Japan retail sales y/y stands at -12.3 pct vs -13.9 pct previous released (expected -11.6).
• A sudden rise in corona virus cases by more than 45,000 in one day in United states.
Economic Data Ahead:
• (0300 ET/0700 GMT) Spain flash CPI, previous -0.9, expected -0.9 pct.
• (0430 ET/0830 GMT) U.K. mortgage approvals, previous 16K, expected 25K.
• (0830 ET/1230 GMT) Canada building permits, previous -17.1, expected 10.3.
Economic Events Ahead:
• (0530 ET/0930 GMT) BOE governor Bailey’s speech.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.10% to 97.34.
USD/JPY: The Japanese yen remains almost unchanged a er retail sales data. A sustained close above 107.33 will take the parity higher towards key
resistance around 107.87, 108, 22, 108.54, 109.20 and 109.72 mark respec vely. On the other side, a consistent close below 107.20 will drag the
parity down towards 106.51, 106.22, 105.98 and 104.20 marks respec vely.
AUD/USD: The Aussie moves in s ff boundaries against U.S. dollar and stabilizes below $0.6900 mark in early Asia. The pair made intraday high at
$0.6886 and low at $0.6844 marks. On the top side key resistances are seen at $0.6922, $0.6976, $0.7002, $0.7040 and $0.7066 mark respec vely. On
the other hand, a consistent close below $0.6833 will take the parity down towards key supports around $0.6799, $0.6760, $0.6722 and $0.6698 mark
respec vely.
NZD/USD: The kiwi trades flat against U.S. dollar and consolidates around $0.6400 mark. Pair made intraday high at $0.6436 and low at $0.6406 mark.
Key resistances are seen at $0.6478, $0.6528, $0.6597, $0.6620 and $0.6665 mark respec vely. Alterna vely, a consistent close below $0.6405 will
drag the parity down towards key supports around $0.6380, $0.6356, $0.6289, $0.6240 mark respec vely.
USD/INR: The Indian rupee trades marginally higher against U.S. dollar and stabilizes below 75.50 mark. The pair made intraday high at 75.39 and low
at 75.30. A sustained close below 75.25 marks will drag the parity down towards 75.12, 74.48, 74.12 and 73.99 mark. On the top side key resistances
are seen at 75.52, 75.65, 76.24, 76.48 and 76.88 marks respec vely.
EUR/USD: The euro strengthens against U.S. dollar and touches $1.1245 mark. Today pair made intraday high at $1.1246 and low at $1.1215 mark. A
sustained close above $1.1260 tests key resistances at $1.1322, $1.1372, $1.1422, $1.1448 and $1.1476 mark respec vely. On the other side, a
sustained close below $1.1217 will target key supports around $1.1190, $1.1157, $1.1134 and $1.1067 marks respec vely.
GBP/USD: The pound starts a new week on a slightly posi ve note. A sustained close above $1.2418 will drag the parity up towards $1.2477, $1.2567,
$1.2676, $1.2722, $1.2777, $1.2803 and $1.2849 mark respec vely. Key support levels are seen at $1.2310, $1.2282 and $1.2204 mark respec vely.
Commodity Trend:
XAU/USD (GOLD): Gold rises gradually on Monday. Pair made intraday high at $1,775 and low at $1,767 mark. A sustained close above $1,771 requires
for the upside rally. Alterna vely, reversal from key resistance will take the parity down towards key supports around $1,767, $1,754, $1,748, $1,740,
$1,732, $1,722, $1,718, $1,708, $1,702, $1,692 and $1,685 mark respec vely. Key resistances are seen at $1,779, $1,792, $1,796, $1,803 and $1,811
mark respec vely.
XAG/USD (Silver): Silver appreciates against U.S. dollar and hovers around $17.90 mark. A sustained close above $17.94 requires for upside rally. Key
support levels are seen at $17.80, $17.62, $17.49, $17.40, $17.22, $17.09 and $16.98 marks respec vely. Key resistances are seen at $17.94, $18.02,
$18.10, $18.16 and $18.38 marks respec vely.
3. AUD / USD
REPORTFROM:TPGLOBALFXJUNE,2020
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 0.68858 S1 0.68440
Buy Above 0.68900
0.69089
0.68576
0.68576
0.68465
0.68900
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 0.68988 S2 0.68310
R3 0.69197 S3 0.68101
R4 0.69536 S4 0.67762
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
0.68649
4. EUR / USD
REPORTFROM:TPGLOBALFXJUNE,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 1.12338 S1 1.12002
Buy Above 1.12606
1.12735
1.12166
1.12166
1.12007
1.12606
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.12443 S2 1.11897
R3 1.12611 S3 1.11729
R4 1.12884 S4 1.11456
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1.12170
5. GBP / USD
REPORTFROM:TPGLOBALFXJUNE,2020
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 1.24089 S1 1.23153
Buy Above 1.24112
1.24371
1.23269
1.23269
1.22879
1.24112
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.24377 S2 1.22865
R3 1.24845 S3 1.22397
R4 1.25601 S4 1.21641
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1.23621
6. USD /CAD
REPORTFROM:TPGLOBALFXJUNE,2020
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1.37105 S1 1.36437
Buy Above 1.37004
1.37268
1.36382
1.36382
1.36155
1.37004
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.37312 S2 1.36230
R3 1.37646 S3 1.35896
R4 1.38187 S4 1.35355
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1.36771
Trend Reversing Up Trend
Moving Average (Period=75 Above MA
RIS (Period=26 Above RIS LEVEL 50
7. USD /JPY
REPORTFROM:TPGLOBALFXJUNE,2020
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 107.335 S1 106.907
Buy Above 107.329
107.524
106.898
106.898
106.605
107.329
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 107.468 S2 106.774
R3 107.682 S3 106.560
R4 108.029 S4 106.213
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
107.121
Trends Reversing Up Trend
Moving Average (Period=75) Above MA
RIS (Period=26) Above RIS LEVEL 50
8. XAU / [GOLD]USD
REPORTFROM:TPGLOBALFXJUNE,2020
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1772.34 S1 1753.56
Buy Above 1777.77
1784.02
1762.83
1762.83
1757.74
1777.77
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1778.14 S2 1747.76
R3 1787.53 S3 1738.37
R4 S4 1723.18
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1762.95
Trends Up Trend
Moving Average (Period=75) Above MA
RIS (Period=26) Above RIS LEVEL 50
1802.50
9. Thank
you!
Info@tpglobalfx.com
www.tpglobalfx.com
REPORTFROM:TPGLOBALFX
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