Daily Analysis Report - July 13, 2020

1. What Chart Says, Today?
July 13, 2020
Bharat Pandya – info@fxprofitmanager.com

2. Eye On Fundamentals

3. Headlines
• New Zealand FPI m/m stands at 0.5 pct vs -0.8 pct previous release.

4. Economic Data Ahead
• (0200 ET/0600 GMT) German WPI m/m, previous -0.6 pct.
• (0800 ET/1200 GMT) India CPI y/y, previous 5.84 pct, expected 5.30 pct.
• (1400 ET/1800 GMT) U.S. federal budget balance, previous -398.8B, expected -
350.0B.

5. Economic Event Ahead
• (1130 ET/1530 GMT) U.K. BOE Governor Bailey’s speech.

6. TECHNICAL AALYSIS

7. What Chart Says, This Week?
• We are presenting an analysis for Major Currency Crosses, Gold &
Crude for July 13, 2020
• This is a broader picture how things may move as per Charts.
• Traders are advised to have a close look on fundamental events
during the day.
• Due to High volatility, keep your SL & TP to manage RISK:REWARD
Ratio
• Trade Less…Trade On Perfect Levels….

8. XAUUSD (H1 Chart)

9. XAUUSD Day Forecasting
INDICATOR H1 CHART
TREND Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RIS LEVEL 50
FIBONACCI PIVOT 1801.06
R1 1807.38 S1 1794.74
R2 1811.28 S2 1790.84
R3 1817.60 S3 1784.52
CONCLUSION
Buy Above 1810.70 Take Profit 1816.69 Stop Loss 1792.33
Sell Below 1792.33 Take Profit 1785.51 Stop Loss 1810.70

10. AUDUSD (H1 Chart)

11. AUDUSD Day Forecasting
INDICATOR H1 CHART
TREND Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RIS LEVEL 50
FIBONACCI PIVOT 0.69425
R1 0.69585 S1 0.69265
R2 0.69684 S2 0.69166
R3 0.69844 S3 0.69006
CONCLUSION
Buy Above 0.69896 Take Profit 0.70141 Stop Loss 0.69206
Sell Below 0.69206 Take Profit 0.68972 Stop Loss 0.69896

12. EURUSD (H1 Chart)

13. EURUSD Day Forecasting
INDICATOR H1 CHART
TREND Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RIS LEVEL 50
FIBONACCI PIVOT 1.12765
R1 1.12940 S1 1.12590
R2 1.13047 S2 1.12483
R3 1.13222 S3 1.12308
CONCLUSION
Buy Above 1.13331 Take Profit 1.13483 Stop Loss 1.12872
Sell Below 1.12872 Take Profit 1.12687 Stop Loss 1.13331

14. GBPUSD (H1 Chart)

15. GBPUSD Day Forecasting
INDICATOR H1 CHART
TREND Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RIS LEVEL 50
FIBONACCI PIVOT 1.25933
R1 1.26157 S1 1.25709
R2 1.26295 S2 1.25571
R3 1.26519 S3 1.25347
CONCLUSION
Buy Above 1.26797 Take Profit 1.27136 Stop Loss 1.25610
Sell Below 1.25610 Take Profit 1.25303 Stop Loss 1.26797

16. USDCAD (H1 Chart)

17. USDCAD Day Forecasting
INDICATOR H1 CHART
TREND Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RIS LEVEL 50
FIBONACCI PIVOT 1.36021
R1 1.36233 S1 1.35809
R2 1.36365 S2 1.35677
R3 1.36577 S3 1.35465
CONCLUSION
Buy Above 1.36127 Take Profit 1.36335 Stop Loss 1.35434
Sell Below 1.35434 Take Profit 1.35239 Stop Loss 1.36127

18. USDJPY (H1 Chart)

19. USDJPY Day Forecasting
INDICATOR H1 CHART
TREND Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RIS LEVEL 50
FIBONACCI PIVOT 106.936
R1 107.148 S1 106.724
R2 107.278 S2 106.594
R3 107.490 S3 106.382
CONCLUSION
Buy Above 107.188 Take Profit 107.342 Stop Loss 106.724
Sell Below 106.724 Take Profit 106.561 Stop Loss 107.188

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