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1. Daily Analysis Report
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REPORTFROM:TPGLOBALFX
03 June, 2020

2. +1 7754 366 970
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ASIAN SUMMARY: Aussie strengthens remarkably on the back of higher than expected GDP data; Asian stock markets extremely up; gold touches
$1,720 mark in early Asia
Asian Headlines:
• Aussie AIG construc on index stands at 24.9 vs 21.6 previous released.
• Aussie GDP q/q stands at -0.3 pct vs 0.5 pct previous released (expected -0.4).
• Aussie services PMI stands at 26.9 vs 19.5 previous released (expected 25.5).
• U.K. BRC shop price index stands at -2.4 pct vs -1.7 pct previous released.
• China Caixin services PMI stands at 55.0 vs 44.4 previous released (expected 47.4).
• South Korea’s Fx reserves stands at 407.31B vs 403.98B previous released.
• Japan services PMI stands at 26.5 vs 21.5 previous released (expected 25.3).
• Oil hits fresh 3 – month high on specula on for produc on cuts.
• India Nikkei services PMI stands at 12.6 vs 5.4 previous released (expected 23.0).
Economic Data Ahead:
• (0145 ET/0545 GMT) Swiss GDP q/q, previous 0.3, expected -2.0.
• (0200 ET/0600 GMT) Russia markit services PMI, previous 12.2.
• (0315 ET/0715 GMT) Spain services PMI, previous 7.1, expected 25.0.
• (0315 ET/0715 GMT) South Africa standard bank PMI, previous 35.1.
• (0345 ET/0745 GMT) Italy composite PMI, services PMI.
• (0350 ET/0750 GMT) France composite PMI, services PMI.
• (0355 ET/0755 GMT) Germany composite PMI, services PMI, unemployment change data.
• (0400 ET/0800 GM)T) Italy monthly unemployment rate, previous 8.4 pct, expected 9.5 pct.
• (0400 ET/0800 GMT) Euro zone markit composite PMI, previous 13.6, expected 30.5.
• (0400 ET/0800 GMT) Euro zone markit services PMI, previous 12.0, expected 28.7.
• (0430 ET/0830 GMT) U.K. composite PMI, previous 13.8, expected 28.9.
• (0430 ET/0830 GMT) U.K. services PMI, previous 13.4, expected 28.0.
• (0500 ET/0900 GMT) Euro zone PPI m/m, previous -1.5 pct, expected -1.8 pct.
• (0500 ET/0900 GMT) Euro zone unemployment rate m/m, previous 7.4 pct, expected 8.2 pct.
Key Events Ahead:
• (0815 ET/1215 GMT) U.S. ADP job data.
• (1000 ET/1400 GMT) BOC interest rate decision.
• G7 Mee ngs.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.27% to 97.41.
USD/JPY: The Japanese Yen depreciates dras cally against U.S. dollar hits fresh 2 – month low at 108.84 mark. A sustained close above 108.66 will take
the parity higher towards key resistance around 109.06, 109.52 and 110.20 mark respec vely. On the other side, a consistent close below 108.66 will
drag the parity down towards 107.90, 107.51, 106.60 and 105.98 marks respec vely.
AUD/USD: The Aussie rises sharply a er GDP data and hits highest level since Jan 03, 2020. The pair made intraday high at $0.6982 and low at $0.6886
marks. On the top side key resistances are seen at $0.7031, $0.7082, $0.7122 and $0.7160 mark respec vely. On the other hand, a consistent close
below $0.6896 will take the parity down towards key supports around $0.6822, $0.6760, $0.6692, $0.6619 and $0.6490 mark respec vely.
NZD/USD: The kiwi trades no ceably up against U.S. dollar and touches $0.6430 mark in early Asia. Pair made intraday high at $0.6430 and low at
$0.6356 mark. Key resistances are seen at $0.6455, $0.6467, $0.6504 and $0.6552 mark respec vely. Alterna vely, a consistent close below $0.6369
will drag the parity down towards key supports around $0.6289, $0.6185, $0.6080 and $0.6032 mark respec vely.
USD/INR: The Indian rupee appreciates against U.S. dollar and slips below 75.00 mark. The pair made intraday high at 74.81 and low at 74.65. A
sustained close below 74.75 marks will drag the parity down towards 74.48, 74.12 and 73.99 mark. On the top side key resistances are seen at 75.47,
75.76, 76.04 marks respec vely.
EUR/USD: The euro rises against U.S. dollar and remains well supported above $1.12 mark. The pair made intraday high at $1.1210 and low at $1.1166
mark. A sustained close above $1.1169 will Key resistances are seen at $1.1154, $1.1190, $1.1236 and $1.1290 mark respec vely. On the other side, a
sustained close below $1.1169 will target $1.1134, $1.1067, $1.1002 and $1.0920 mark respec vely.
GBP/USD: The pair hits fresh 2 – month high at $1.2611 mark in Asian hours. A sustained close above $1.2550 will drag the parity up towards $1.2628,
$1.2647 and $1.2688 mark respec vely. Key support levels are seen at $1.2530, $1.2478, $1.2422 and $1.2373 marks respec vely.
Commodity Trend:
XAU/USD (GOLD): Gold erases previous gain against U.S. dollar and trades slightly down around $1,725 mark. A sustained close above $1,748 requires
for the upside rally. Alterna vely, reversal from key resistance will take the parity down towards key supports around $1,721, $1,716, $1,707, $1702,
and $1,692 mark respec vely. Key resistances are seen at $1,748, $1,754, $1,765 and $1,772 mark respec vely.
XAG/USD (Silver): Silver starts a new trading day on nega ve note and stabilizes below $18.00 mark. Pair fails to break key resistance at $18.38 mark.
Key resistances are seen at $18.38, $18.46, $18.63 and $18.85 mark respec vely. Key support levels are seen at $17.75, $17.64, $17.57 and $17.42

3. AUD / 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 0.68971 S1 0.68051
Buy Above 0.69690
0.69987
0.68514
0.68514
0.68086
0.69690
– Take Profit
– Stop Loss
Buy Above
– Take Profit
– Stop Loss
R2 0.69254 S2 0.67768
R3 0.69714 S3 0.67308
R4 0.70457 S4 0.66565
Conclusion
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0.68511

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 1.11904 S1 1.11288
Buy Above 1.12282
1.12608
1.11476
1.11476
1.11193
1.12282
– Take Profit
– Stop Loss
Buy Above
– Take Profit
– Stop Loss
R2 1.12093 S2 1.11099
R3 1.12401 S3 1.10791
R4 1.12898 S4 1.10294
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1.11596

5. GBP / 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 1.25682 S1 1.24938
Buy Above 1.26185
1.26807
1.24927
1.24927
1.24348
1.26185
– Take Profit
– Stop Loss
Buy Above
– Take Profit
– Stop Loss
R2 1.25912 S2 1.24708
R3 1.26284 S3 1.24550
R4 1.26886 S4 1.23734
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1.25310

6. USD /CAD
REPORTFROM:TPGLOBALFXJUNE,2020
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1.35667 S1 1.34893
Buy Above 1.35657
1.36432
1.34649
1.34649
1.33991
1.35657
– Take Profit
– Stop Loss
Buy Above
– Take Profit
– Stop Loss
R2 1.35906 S2 1.34654
R3 1.36293 S3 1.34267
R4 1.36919 S4 1.33641
Conclusion
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1.35280
Trends Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50

7. USD /JPY
REPORTFROM:TPGLOBALFXJUNE,2020
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 108.793 S1 107.833
Buy Above 108.930
109.337
108.314
108.314
107.959
108.930
– Take Profit
– Stop Loss
Buy Above
– Take Profit
– Stop Loss
R2 109.090 S2 107.536
R3 109.570 S3 107.056
R4 110.347 S4 106.279
Conclusion
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108.313
Trends 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 1740.07 S1 1721.99
Buy Above 1733.75
1736.69
1719.69
1719.69
1711.53
1733.75
– Take Profit
– Stop Loss
Buy Above
– Take Profit
– Stop Loss
R2 1745.65 S2 1716.41
R3 1754.69 S3 1707.37
R4 S4 1692.75
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1731.03
Trends Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50
1769.31

9. Thank
you!
Info@tpglobalfx.com
www.tpglobalfx.com
REPORTFROM:TPGLOBALFX
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