Daily Technical Analysis Report

1. Economic Calendar
Time Currency News Impact Expectation
12:30 am USD Fed Bank Stress Test Results High -
03:01 am GBP Gfk Consumer
Confidence JUN
High -42
03:30 am JPY Inflation Rate YoY MAY High 2.3%
03:30 am JPY Core Inflation Rate YoY MAY High 2.1%
10:00 am GBP Retail Sales MoM MAY High -0.3%
03:30 pm AUD RBA Gov Lowe Speech High -
06:00 pm USD New Home Sales MAY High 0.585M
06:00 pm USD Michigan Consumer
Sentiment Final JUN
High 50.2

2. AUD/USD TREND: BEARISH
Technical Outlook:
On the daily chart, the AUD/USD trades near 0.6910 with modest gains. However, we expect a very
limited price action as no clear directional bias.
Indicators Daily chart Status
RSI 40 Bearish
STOCHASTIC 12.99 Bearish
MACD Below midline Bearish
200 EMA 0.7250 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 0.6910 0.6880 0.6850 0.6940

3. NZD/USD TREND: BEARISH
Technical Outlook:
On the daily chart, NZD/USD pair trades higher on the last trading week as it reclaims 0.6300 mark.
Some bounce back is expected in the spot.
Indicators Daily chart Status
RSI 41 Bearish
STOCHASTIC 31 Bearish
MACD Below midline Bearish
200 EMA 0.6700 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY 0.6305 0.6335 0.6365 0.6275

4. EUR/USD TREND: BEARISH
Technical Outlook:
EUR/USD trades near 1.0550 mark with modest gains. A daily close above-mentioned level will bring
more gains.
Indicators Daily chart Status
RSI 46 Bearish
STOCHASTIC 41 Bearish
MACD Below midline Bearish
200 EMA 1.1068 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 1.0550 1.0520 1.0490 1.0580
.

5. GBP/USD TREND: NEUTRAL
Technical Outlook:
The GBP/USD pair continues to trade in familiar range with upside capped near 1.2300 level. A sell
on rise opportunity to traders.
Indicators Daily chart Status
RSI 44 Bearish
STOCHASTIC 50 Bullish
MACD Below midline Bearish
200 EMA 1.3057 Bearish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 1.2280 1.2250 1.2220 1.2310

6. USD/JPY TREND: BULLISH
Technical Outlook:
On the daily Chart, USD/JPY find some vital support near 134.50 on the daily chart. A bounce back
could happen if the pair trades above 134.80 level.
Indicators Daily chart Status
RSI 59 Bullish
STOCHASTIC 61 Bullish
MACD Above midline Bullish
200 EMA 121.18 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY 134.80 135.10 135.40 134.50

7. USD/CAD TREND: BULLISH
Technical Outlook:
USD/CAD failed to capitalise on the previous session gains as it trades below 1.3000 level. However,
the downside risk is limited in the spot.
Indicators Daily chart Status
RSI 60 Bullish
STOCHASTIC 82 Bullish
MACD Above midline Bullish
200 EMA 1.2648 Bullish
Outlook BULLISH
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY 1.2980 1.3010 1.3040 1.2950

8. USD/CHF TREND: BEARISH
Technical Outlook:
USD/CHF on the daily chart takes support near 0.9600 for the past two-session. We expect a range
bound price action between 0.9600-0.9650 level.
Indicators Daily chart Status
RSI 41 Bearish
STOCHASTIC 9 Bearish
MACD Below midline Bearish
200 EMA 0.9426 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY 0.9610 0.9640 0.9670 0.9580

9. GOLD TREND: BEARISH
Technical Outlook:
On the daily chart, XAU/USD trades below the vital support of $1,830 with a negative bias. A selling
opportunity for traders in the precious metal below $1,820 level.
Indicators Daily chart Status
RSI 44 Bearish
STOCHASTIC 28 Bearish
MACD Below midline Bearish
200 EMA $1,853 Bearish
Outlook BEARISH
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL $1,825 $1,815 $1,805 $1,835