1.
Daily Analysis Report
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17 June, 2020

2.
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Asian Bulle n: Japanese yen remains almost unchanged despite robust trade balance data, Asian stock markets in red, gold trades flat at $1,727 mark
Asian Headlines:
• New Zealand current account stands at 1.56B vs -2.77B previous released (expected 1.59B).
• Japan trade balance stands at -0.60T vs -1.04T previous released (-0.69T).
• Overnight, U.S. retails sales stands at 17.7 pct vs -14.7 previous released (expected 7.9%).
• Overnight, U.S. core retail sales stands at 12.4 pct vs -15.2 pct previous released (expected 5.5 pct).
• Singapore trade balance stands at 4.040B vs 2.630B previous released.
Economic Data Ahead:
• (0200 ET/0600 GMT) U.K. CPI y/y, previous 0.8, expected 0.5.
• (0200 ET/0600 GMT) U.K. core CPI y/y, previous 1.4, expected 1.3.
• (0500 ET/0900 GMT) Euro Zone final CPI, previous 0.1, expected 0.1.
• (0830 ET/1230 GMT) Canada CPI m/m, previous -0.7, expected 0.8.
• (0830 ET/1230 GMT) U.S. building permits, previous 1.07M, expected 1.23M.
Economic Events Ahead:
• (1200 ET/1600 GMT) Fed Chair Powell’s tes mony.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.01% to 96.97.
USD/JPY: The Japanese yen trades flat at 107.23 mark. A sustained close above 107.35 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 106.86 will drag the parity down towards
106.57, 105.98 and 104.20 marks respec vely.
AUD/USD: The Aussie trades marginally lower against U.S. dollar and stabilizes below $0.6900 mark in early Asia. The pair made intraday high at
$0.6897 and low at $0.6852 marks. On the top side key resistances are seen at $0.7002, $0.7040 and $0.7066 mark respec vely. On the other hand, a
consistent close below $0.6854 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 moves in s ff boundaries against U.S. dollar and consolidates around $0.6450 mark. Pair made intraday high at $0.6461 and low at
$0.6429 mark. Key resistances are seen at $0.6473, $0.6528, $0.6597, $0.6620 and $0.6665 mark respec vely. Alterna vely, a consistent close below
$0.6430 will drag the parity down towards key supports around $0.6356, $0.6289, $0.6240 mark respec vely.
USD/INR: The Indian rupee falls sharply against U.S. dollar and touched 76.20 marks in opening hours. The pair made intraday high at 76.20 and low at
75.95. A sustained close below 76.17 marks will drag the parity down towards 75.76, 75.47, 75.12, 74.48, 74.12 and 73.99 mark. On the top side key
resistances are seen at 76.24, 76.48 and 76.88 marks respec vely.
EUR/USD: The euro remains highly vola le in previous session but trading flat at $1.1272 mark against U.S. dollar. Today pair made intraday high at
$1.1273 and low at $1.1253 mark. A sustained close above $1.1254 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 $1.1254 will target key supports around $1.1210, $1.1167, $1.1134 and $1.1067 marks
respec vely.
GBP/USD: The pound remains almost unchanged against U.S. dollar ahead of U.K. CPI data. A sustained close above $1.2605 will drag the parity up
towards $1.2676, $1.2722, $1.2777, $1.2803 and $1.2849 mark respec vely. Key support levels are seen at $1.2586, $1.2535, $1.2478, $1.2420 marks
respec vely.
Commodity Trend:
XAU/USD (GOLD): Gold trades in rigid boundaries in Asian hours and trading around $1,727 mark. The main event for the day is Second day of Fed
Chair Powell’s Tes mony. Pair made intraday high at $1,729 and low at $1,722 mark. A sustained close above $1,732 requires for the upside rally.
Alterna vely, reversal from key resistance will take the parity down towards key supports around $1,722, $1,718, $1,708, $1,702, $1,692 and $1,685
mark respec vely. Key resistances are seen at $1,738, $1,742, $1,748 and $1,754 mark respec vely.
XAG/USD (Silver): Silver remains flat and con nues to trade slightly downside today. A sustained close above $17.49 requires for upside rally. Key
support levels are seen at $17.28, $17.22, $17.09 and $16.98 marks respec vely. Key resistances are seen at $17.55, $17.76, $17.92, $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 0.69538 S1 0.68444
Buy Above 0.69009
0.69311
0.68453
0.68453
0.68116
0.69009
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 0.69875 S2 0.68107
R3 0.70422 S3 0.67560
R4 0.71306 S4 0.66676
Conclusion
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0.68991

4.
EUR / 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 1.13289 S1 1.12331
Buy Above 1.13269
1.13598
1.12235
1.12235
1.11894
1.13269
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.13384 S2 1.12036
R3 1.14063 S3 1.11557
R4 1.14837 S4 1.10783
Conclusion
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1.12810

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 1.26549 S1 1.25519
Buy Above 1.26056
1.26512
1.25221
1.25221
1.24778
1.26056
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.26867 S2 1.25201
R3 1.27382 S3 1.24686
R4 1.28215 S4 1.23853
Conclusion
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1.26034

6.
USD /CAD
REPORTFROM:TPGLOBALFXJUNE,2020
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1.36009 S1 1.35105
Buy Above 1.35800
1.36153
1.35022
1.35022
1.34760
1.35800
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.36287 S2 1.34827
R3 1.36739 S3 1.34375
R4 1.37469 S4 1.33645
Conclusion
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1.35557
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 107.547 S1 107.221
Buy Above 107.387
107.547
107.082
107.082
106.947
107.387
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
Note :
R2 107.649 S2 107.119
R3 107.812 S3 106.956
R4 108.077 S4 106.691
Conclusion
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107.384
Trends Neutral to Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50

8.
XAU / [GOLD]USD
REPORTFROM:TPGLOBALFXJUNE,2020
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1731.54 S1 1719.22
Buy Above 1731.15
1737.25
1719.23
1719.23
1715.14
1731.15
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1735.35 S2 1715.41
R3 1741.51 S3 1709.25
R4 S4 1699.28
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1725.38
Trends Neutral to Down Trend
Moving Average (Period=75) Below MA
RIS (Period=26) Below RIS LEVEL 50
1751.48

9.
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you!
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