#tradingforex #forextrading #analysis #forexsignals #forexmarket #fx #forexanalysis #forexanalysis #trading #trading #traders #forex #forexeducation #forextrader #daytrading #forexprofit #currency #forexsignal

1. What Chart Says, Today?
June 22, 2020
Bharat Pandya – info@fxprofitguru.com

2. Eye On Fundamentals

3. Headlines
• PBoC loan prime rate remains unchanged at 3.85 pct.
• New Zealand credit card spending stands at -21.1 pct vs -49.1 pct.

4. Economic Data Ahead
• (0600 ET/1000 GMT) U.S. CBI industrial order expectaons, previous -62,
expected -50.
• (0900 ET/1300 GMT) China CB leading index, previous -1.0 pct.
• (1000 ET/1400 GMT) Euro Zone consumer confidence, previous -19,
expected -15.
• (1000 ET/1400 GMT) U.S. exisng home sales, previous 4.33M, expected
4.15M.

5. Economic Event Ahead
• (0600 ET/1000 GMT) German Buba monthly report.
• (1100 ET/1500 GMT) Bank of Canada governor Macklem’s speech.

6. TECHNICAL AALYSIS

7. What Chart Says, This Week?
• We are presenting an analysis for Major Currency Crosses, Gold &
Crude for June 22, 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) Below MA
RSI (Period=26) Below RIS LEVEL 50
FIBONACCI PIVOT 1736.28
R1 1745.36 S1 1727.20
R2 1750.90 S2 1721.58
R3 1760.06 S3 1712.50
CONCLUSION
Buy Above 1755.10 Take Profit 1757.92 Stop Loss 1736.41
Sell Below 1736.41 Take Profit 1729.74 Stop Loss 1755.10

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 0.68581
R1 0.68895 S1 0.68267
R2 0.69009 S2 0.68073
R3 0.69403 S3 0.67759
CONCLUSION
Buy Above 0.68900 Take Profit 0.69089 Stop Loss 0.68270
Sell Below 0.68270 Take Profit 0.68067 Stop Loss 0.68900

12. EURUSD (H1 Chart)

13. EURUSD Day Forecasting
INDICATOR H1 CHART
TREND Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RIS LEVEL 50
FIBONACCI PIVOT 1.11992
R1 1.12321 S1 1.11663
R2 1.12524 S2 1.11460
R3 1.12853 S3 1.11131
CONCLUSION
Buy Above 1.12211 Take Profit 1.12386 Stop Loss 1.11803
Sell Below 1.11803 Take Profit 1.11602 Stop Loss 1.12211

14. GBPUSD (H1 Chart)

15. GBPUSD Day Forecasting
INDICATOR H1 CHART
TREND Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RIS LEVEL 50
FIBONACCI PIVOT 1.23825
R1 1.24253 S1 1.23397
R2 1.24517 S2 1.23133
R3 1.24945 S3 1.22705
CONCLUSION
Buy Above 1.24500 Take Profit 1.24842 Stop Loss 1.23401
Sell Below 1.23401 Take Profit 1.23131 Stop Loss 1.24500

16. USDCAD (H1 Chart)

17. USDCAD Day Forecasting
INDICATOR H1 CHART
TREND Reversing Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RIS LEVEL 50
FIBONACCI PIVOT 1.35892
R1 1.36161 S1 1.35623
R2 1.36326 S2 1.35458
R3 1.36595 S3 1.35189
CONCLUSION
Buy Above 1.36319 Take Profit 1.36542 Stop Loss 1.35636
Sell Below 1.35636 Take Profit 1.35418 Stop Loss 1.36319

18. USDJPY (H1 Chart)

19. USDJPY Day Forecasting
INDICATOR H1 CHART
TREND Reversing Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RIS LEVEL 50
FIBONACCI PIVOT 106.893
R1 107.004 S1 106.782
R2 107.073 S2 106.713
R3 107.184 S3 106.602
CONCLUSION
Buy Above 107.003 Take Profit 107.190 Stop Loss 106.779
Sell Below 106.779 Take Profit 106.600 Stop Loss 107.003