1. +1 7754 366 970
analysis@tpglobalfx.com
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
09 June, 2021
Daily Analysis Report
2. +1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: Aussie remains vola le a er RBA Assistant Gov Kent’s comment on economy, most Asian stock markets in green, gold stabilizes below $1,900 mark
Key Headlines:
• New Zealand Manufacturing Sales stand at 2.1 pct vs -0.2 pct previous release.
• Japan M2 Money Stock stands at 7.9 pct vs 9.2 pct previous release.
• Australia Westpac consumer sen ment stands at -5.2 pct vs -4.8 pct previous relase.
• New Zealand prelim ANZ business confidence stands at -0.4 pct vs 1.8 pct previous release.
• China CPI stands at 1.3 pct vs 0.9 pct previous release.
• China PPI stands at 9.0 pct vs 6.8 pct previous release.
• South Korea GDP q/q stands at 1.7 pct vs 1.2 pct previous release.
• South Korea unemployment rate stands at 3.8 pct vs 3.7 pct previous release.
• Chile’s Central Bank held its benchmark interest rate at a record low at 0.5 pct as policy makers look past accelera ng infla on and focus on an uneven
economic recovery and a recent surge in coronavirus cases – BNN Bloomberg.
• RBA’s Kent - Surprised by strength of rebound in economy but wage growth s ll low.
• RBA’s Kent - A lack of migra on might lead to slightly higher wages at the margin.
Economic Data Ahead:
• (0600 GMT/1130 IST) German trade balance, previous 14.3B, expected 15.7B.
• (0600 GMT/1130 IST) Japan Prelim Machine tools orders, previous 120.8 pct.
• (1400 GMT/1930 IST) Canada BOC Interest Rate Decision, previous 0.25, expected 0.25.
• (1400 GMT/1930 IST) U.S. Final Wholesale inventories, previous 0.8, expected 0.8.
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 0.04% to 90.04 points.
3. AUD / USD
BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
JUNE,
2
021
Technical Summary
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
0.7750
R2 S2
0.7772
R3 S3
0.7799
R4
Commentary
S4
0.7827
Buy Above 0.7755
0.7782
0.7730
– Take Profit
– Stop Loss
Trade Idea
Sell Below 0.7720
0.7692
0.7748
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
AUD/USD: The Aussie remains volatile on Wednesday after Westpac Consumer Sentiment data
came up with the negative numbers and comments from RBA Assistant Gov Kent. The pair made
intraday high at $0.7744 and low at $0.7732 mark. A day chart and H1 chart with triple EMA
confirm bullish trend for the time being but likely to give crossover for the bearish trend. Have to
wait for few hours to see the trend of the parity. A sustained close above $0.7750 on H1 chart
requires for the upside rally. Alternatively, a consistent close below $0.7720 will check further
supports.
0.7720
0.7702
0.7680
0.7650
4. BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Technical Summary H 1
FIBO Levels PIVOT
R1 S1
1.2199
R2 S2
1.2222
R3 S3
1.2248
R4
Commentary
S4
1.2272
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
EUR/USD: The euro moves in rigid boundaries and consolidates around $1.2190 mark. Today
pair made intraday high at $1.2185 and low at $1.2171. Today triple EMA on a day chart and H1
chart suggest bullish trend for the time being. A consistent close above $1.2199 on H1 chart
requires for the upside rally. Alternatively, a sustained close below $1.2170 on H1 chart will check
further supports.
EUR / USD
1.2170
1.2150
1.2122
1.2080
Buy Above 1.2191
1.2218
1.2167
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2158
1.2137
1.2185
– Take Profit
– Stop Loss
Trade Idea
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
JUNE,
2
021
5. BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Technical Summary
H 1
FIBO Levels PIVOT
R1 S1
1.4173
R2 S2
1.4190
R3 S3
1.4224
R4
Commentary
S4
1.4248
Buy Above 1.4173
1.4198
1.4151
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.4127
1.4094
1.4165
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
GBP/USD: The Sterling exhibits range bound movement and consolidates around $1.4150 mark.
The pair made intraday high at $1.4168 and low at $1.4141 mark. A day chart and H1 chart with
triple EMA suggest up trend for the time being. A sustained close above $1.4173 on H1 chart will
check key resistances. Alternatively, a consistent close below $1.4138 will check further supports.
USD
1.4138
1.4110
1.4078
1.4040
GBP/
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
JUNE,
2
021
6. BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Technical Summary
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
1.2121
R2 S2
1.2148
R3 S3
1.2176
R4
Commentary
S4
1.2222
Buy Above 1.2118
1.2142
1.2101
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2090
1.2068
1.21111
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/CAD: The Canadian dollar trades marginally lower ahead of BOC’s Interest Rate Decision
and hovers around 1.21 mark. Today pair made intraday high at 1.2117 and low at 1.2071 mark.
Today a day chart is bearish while H1 chart with triple EMA suggests bullish trend for the time
being. A sustained close above 1.2121 on H1 chart requires for the upside rally. Alternatively, a
consistent close below 1.2090 on H1 chart will check key supports too.
USD /CAD
1.2090
1.2070
1.2038
1.2000
JUNE,
2
021
7. BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Technical Summary
Trend Down Trend
Moving Average (Period=75) Below MA
H 1
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
109.61
R2 S2
109.85
R3 S3
110.32
R4
Commentary
S4
110.78
Buy Above 109.52
109.76
109.28
– Take Profit
– Stop Loss
Trade Idea
Sell Below 109.18
108.95
109.48
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/JPY: The Japanese yen trades almost flat on Wednesday and stabilizes around 109.50
mark. The pair made intraday high at 109.51 and low at 109.40 mark. The triple EMA on a day
chart is up but H1 chart suggests bearish trend for the time being. A sustained close above 109.61
on H1 chart requires for the upside rally. Alternatively, a consistent close below 109.30 on H1 will
check further key supports.
USD /JPY
109.30
108.99
108.76
108.38
JUNE,
2
021
8. BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Technical Summary
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
1904
R2 S2
1909
R3 S3
1916
R4
Commentary
S4
1922
Buy Above 1897
1904
1890
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1890
1884
1896
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
XAU/USD (GOLD): Gold trades almost flat on Wednesday and stabilizes above $1,890 mark.
Today U.S. Calendar is empty too. The pair made intraday high at $1,896 and low $1,891 mark. A
day chart and H1 chart with triple EMA confirms bullish trend for the time being. A sustained close
above $1,897 on H1 chart requires for the upside rally. Alternatively, a consistent close below
$1,887 will check further supports.
XAU [GOLD]
USD
/
1887
1881
1874
1868
JUNE,
2
021
9. Thank
you!
Info@tpglobalfx.com
www.tpglobalfx.com
R
E
P
O
R
T
F
R
O
M
:
T
P
G
L
O
B
A
L
F
X
/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