Daily Technical Analysis Report

1. DAILY REPORT
Economic Calendar
Time Currency News Impact Expectati
on
12:30 AM USD API Crude Oil Stock
Change 20/MAY
High -
03:45 AM AUD RBA Ellis Speech High -
05:30 AM AUD Construction Work Done QoQ Q1 High -1%
12:00 PM EUR ECB President Lagarde Speech High -
03:05 PM JPY BoJ Gov Kuroda Speech High -
04:30 PM USD Durable Goods Orders MoM APR High -
08:15 PM USD Fed Brainard Speech High -
10:00 PM USD FOMC Minutes High -

2. DAILY REPORT
AUD/USD TREND: NEUTRAL
Technical Outlook:
On the daily chart AUD/USD works bullish as it trades above 0.7110. We expect more upside in coming
few session.
Indicators Daily chart Status
RSI 50 Bullish
STOCHASTIC 93 Bullish
MACD Below midline Bearish
200 EMA 0.7272 Bearish
Outlook NEUTRAL
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 0.7110 0.7140 0.7170 0.7080

3. DAILY REPORT
NZD/USD TREND: NEUTRAL
Technical Outlook:
The pair forms strong bullish candlestick on the daily chart. An acceptance above 0.6520 will open gates
for more gains.
Indicators Daily chart Status
RSI 52 Bullish
STOCHASTIC 98 Bullish
MACD Below midline Bearish
200 EMA 0.6413 Bullish
Outlook NEUTRAL
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 0.6500 0.6530 0.6560 0.6470

4. DAILY REPORT
EUR/USD TREND: NEUTRAL
Technical Outlook:
On the daily chart EUR/USD faces some pressure near 1.0740. However the bias remains strong.
Indicators Daily chart Status
RSI 55 Bullish
STOCHASTIC 91 Bullish
MACD Below midline Bearish
200 EMA 1.0609 Bullish
Outlook NEUTRAL
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 1.0720 1.0750 1.0780 1.0690
.

5. DAILY REPORT
GBP/USD TREND: NEUTRAL
Technical Outlook:
The spot remains pressured below 1.2600. The momentum oscillator suggest the upside could continue
in the pair
Indicators Daily chart Status
RSI 48 Bearish
STOCHASTIC 85 Bullish
MACD Below midline Bearish
200 EMA 1.2471 Bullish
Outlook NEUTRAL
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 1.2470 1.2500 1.2530 1.2440

6. DAILY REPORT
USD/JPY TREND: NEUTRAL
Technical Outlook:
On the daily chart, the JPY manages to print gain against USD. A daily close below 127.0 will bring more
down side to the pair.
Indicators Daily chart Status
RSI 45 Bearish
STOCHASTIC 14 Bearish
MACD Above midline Bullish
200 EMA 128.04 Bearish
Outlook NEUTRAL
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 127.10 126.80 126.50 127.40

7. DAILY REPORT
USD/CAD TREND: NEUTRAL
Technical Outlook:
The pair retraced from the sessions high. Still, it hovers near 1.2800 with a negative bias
Indicators Daily chart Status
RSI 50 Bullish
STOCHASTIC 15 Bearish
MACD Above midline Bullish
200 EMA 1.2838 Bullish
Outlook NEUTRAL
Strategy
Action Entry Target 1 Target 2 Stop Loss
sell 1.2820 1.2790 1.2760 1.2850

8. DAILY REPORT
USD/CHF TREND:NEUTRAL
Technical Outlook:
On the daily chart, USD/CHF takes crucial support near 0.9600. It is a long term support, expect a bounce
back.
Indicators Daily chart Status
RSI 42 Bearish
STOCHASTIC 9 Bearish
MACD Above midline Bullish
200 EMA 0.9752 Bearish
Outlook NEUTRAL
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 0.9620 0.9650 0.9680 0.9590

9. DAILY REPORT
GOLD TREND: NEUTRAL
Technical Outlook:
XAU/USD retreats from the previous session high. The precious metal manages to stay above $1,860 with
a neutral bias.
Indicators Daily chart Status
RSI 48 Bearish
STOCHASTIC 71 Bullish
MACD Below midline Bearish
200 EMA $1,849 Bullish
Outlook NEUTRAL
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy $1,860 $1,870 $1,880 $1,850