- The document provides analysis of major currency pairs, gold, and crude oil based on technical indicators for June 11, 2020. - It identifies trends, support and resistance levels, and provides buy and sell signals with price targets and stop losses for each currency pair on the hourly chart. - The analysis is intended to help traders capitalize on short-term price movements, but advises monitoring fundamentals and managing risk through stop losses and target profits.

1. What Chart Says, Today?
June 11, 2020)
Bharat Pandya – info@fxprofitguru.com

2. Eye On Fundamentals

3. Headlines
• Overnight, U.S. CPI stands at -0.1 pct vs -0.8 pct previous released (expected 0.0 pct)
• Overnight, U.S. core CPI stands at -0.1 pct vs -0.4 pct previous released (expected 0.0 pct).
• Overnight, U.S. keeps interest rate unchanged at <0.25 pct.
• U.K RICS home price balance stands at -32 vs -22 previous released.
• Japan BSI manufacturing index stands at -52.3 vs -17.2 previous released (expected -20.5).
• Australia MI inflation expectations stands at 3.3 pct vs 3.4 pct previous released.
• China – Australia on going diplomatic trade tension will remain in focus.
• China has in recent weeks banned Australian beef imports and imposed tariffs on Australian barley.
• Australia called for an international inquiry into the source and spread of the corona virus.
• Singapore’s GDP forecast for the current year is to contract between 7% - 4%; facing most severe
recession ever.

4. Economic Data Ahead
• (0400 ET/0800 GMT) Italy industrial production, previous -28.4 pct,
expected -24.0 pct.
• (0530 ET/0930 GMT) South Africa business confidence, previous 77.8.
• (0700 ET/1100 GMT) South Africa manufacturing production,
previous -2.3 pct.
Economic Events Ahead:
• Eurogroup meetings.

5. TECHNICAL AALYSIS

6. What Chart Says, This Week?
• We are presenting an analysis for Major Currency Crosses, Gold &
Crude for June 11, 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….

7. What DID Chart Say, Yesterday?
This is what our daily calls can do?
• Input Limit Orders (All Currency & All Trades)
• Edit the order and add SL & TP
• Exit if Day Balance Sheet is in Profit

8. XAUUSD (H1 Chart)

9. XAUUSD Day Forecasting
INDICATOR H1 CHART
TREND UP TREND
Moving Average (Period=75) ABOVE MA
RSI (Period=26) ABOVE RSI LEVEL 50
FIBONACCI PIVOT 1728.58
R1 7040.51 S1 1716.65
R2 1747.88 S2 1709.28
R3 1759.81 S3 1697.35
CONCLUSION
Buy Above 1735.71 Take Profit 1740.26 Stop Loss 1726.09
Sell Below 1726.06 Take Profit 1719.17 Stop Loss 1735.71

10. AUDUSD (H1 Chart)

11. AUDUSD Day Forecasting
INDICATOR H1 CHART
TREND DOWNTREND
Moving Average (Period=75) BELOW MA
RSI (Period=26) BELOW RSI LEVEL 50
FIBONACCI PIVOT 0.69976
R1 0.70479 S1 0.69473
R2 0.70789 S2 0.69163
R3 0.71292 S3 0.68660
CONCLUSION
Buy Above 0.69949 Take Profit 0.70205 Stop Loss 0.69096
Sell Below 0.69096 Take Profit 0.68670 Stop Loss 0.69949

12. EURUSD (H1 Chart)

13. EURUSD Day Forecasting
INDICATOR H1 CHART
TREND REVERSING UP TREND
Moving Average (Period=75) BELOW MA
RSI (Period=26) BELOW RSI LEVEL 50
FIBONACCI PIVOT 1.13724
R1 1.14104 S1 1.13344
R2 1.14339 S2 1.13109
R3 1.14719 S3 1.12729
CONCLUSION
Buy Above 1.13961 Take Profit 1.14239 Stop Loss 1.13212
Sell Below 1.13212 Take Profit 1.12848 Stop Loss 1.13961

14. GBPUSD (H1 Chart)

15. GBPUSD Day Forecasting
INDICATOR H1 CHART
TREND DOWNTREND
Moving Average (Period=75) BELOW MA
RSI (Period=26) BELOW RSI LEVEL 50
FIBONACCI PIVOT 1.27549
R1 1.27957 S1 1.27141
R2 1.28208 S2 1.26890
R3 1.28616 S3 1.26482
CONCLUSION
Buy Above 1.27680 Take Profit 1.28012 Stop Loss 1.26503
Sell Below 1.26503 Take Profit 1.25850 Stop Loss 1.27680

16. USDCAD (H1 Chart)

17. USDCAD Day Forecasting
INDICATOR H1 CHART
TREND UPTREND
Moving Average (Period=75) ABOVE MA
RSI (Period=26) ABOVE RSI LEVEL 50
FIBONACCI PIVOT 1.33879
R1 1.34346 S1 1.33412
R2 1.34634 S2 1.33124
R3 1.35101 S3 1.32657
CONCLUSION
Buy Above 1.34982 Take Profit 1.35486 Stop Loss 1.33867
Sell Below 1.33867 Take Profit 1.33220 Stop Loss 1.34982

18. USDJPY (H1 Chart)

19. USDJPY Day Forecasting
INDICATOR H1 CHART
TREND DOWN TREND
Moving Average (Period=75) BELOW MA
RSI (Period=26) BELOW RSI LEVEL 50
FIBONACCI PIVOT 107.321
R1 107.659 S1 106.983
R2 107.868 S2 106.774
R3 108.206 S3 106.436
CONCLUSION
Buy Above 107.520 Take Profit 107.802 Stop Loss 106.787
Sell Below 106.787 Take Profit 106.483 Stop Loss 107.520