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DAILY ANALYSIS REPORT JUNE 17 2021

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17 June, 2021
Daily Analysis Report
+1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: U.S. dollar strengthens extremely against major peers on hint by th...
AUD / USD
BUY SELL
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JUNE,
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Technical Summary
Trend Down Trend
Moving Average ...
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DAILY ANALYSIS REPORT JUNE 17 2021

  1. 1. +1 7754 366 970 analysis@tpglobalfx.com R E P O R T F R O M : T P G LO B A L F X 17 June, 2021 Daily Analysis Report
  2. 2. +1 7754 366 970 analysis@tpglobalfx.com Asian Bulle n: U.S. dollar strengthens extremely against major peers on hint by the Fed Officials regarding the Interest Rate hike in 2023; most Asian stock markets in red; gold hovers around $1,820 mark Key Headlines: • Fed kept key interest rate unchanged at 0.25 pct. • Fed Officials - Could begin rising interest rates in 2023, a year earlier than expected. • Fed Statement - Indicators of economic ac vity and employment have strengthened. • Fed Statement - The Commi ee seeks to achieve maximum employment and infla on at the rate of 2 percent over the longer run. • Fed Statement - The Commi ee decided to keep the target range for the federal funds rate at 0 to 1/4 percent. • Fed Statement - The Federal Reserve will con nue to increase its holdings of Treasury securi es by at least $80 billion per month and of agency mortgage - backed securi es by at least $40 billion per month. • New Zealand GDP q/q stands at 1.6 pct vs -1.0 pct previous release. Economic Data Ahead: • (0600 GMT/1130 IST) Swiss Trade Balance, previous 3.84B, expected 4.23B. • (0730 GMT/1300 IST) Swiss Interest Rate Decision, previous 0.75, expected 0.75. • (0800 GMT/1330 IST) Italy Trade Balance, previous 5.19B, expected 6.23B. • (0900 GMT/1430 IST) Euro Final CPI, previous 2.0, expected 2.0. • (0900 GMT/1430 IST) Euro Final Core CPI, previous 0.9, expected 0.9. • (1230 GMT/1800 IST) Canada ADP non – farm employment change, previous 351.3K. • (1230 GMT/1800 IST) U.S. Philly Fed manufacturing Index, precious 31.5, expected 30.3. • (1230 GMT/1800 IST) U.S. unemployment claims weekly, previous 376K, expected 360K. Economic Events Ahead: • (0800 GMT/1330 IST) Swiss Press Conference. • All day – Eurogroup Mee ngs. Major FX Pair Trend: USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.26% to 91.37 points.
  3. 3. AUD / USD BUY SELL R E P O R T F R O M : T P G LO B A L F X JUNE, 2 021 Technical Summary Trend Down Trend Moving Average (Period=75) Below MA H 1 RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT R1 S1 0.7650 R2 S2 0.7676 R3 S3 0.7702 R4 Commentary S4 0.7720 Buy Above 0.7650 0.7672 0.7618 – Take Profit – Stop Loss Trade Idea Sell Below 0.7590 0.7568 0.7626 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 AUD/USD: The Aussie strengthens immediately after higher than expected employment change data. The pair made intraday high at $0.7645 and low at $0.7597 mark. A day chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $0.7650 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7590 will check further supports. 0.7590 0.7570 0.7538 0.7510
  4. 4. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary H 1 FIBO Levels PIVOT R1 S1 1.2037 R2 S2 1.2062 R3 S3 1.2097 R4 Commentary S4 1.2122 +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 EUR/USD: The euro spiked down overnight after hawkish FOMC Meeting and slips below $1.2000 mark. Today pair made intraday high at $1.2004 and low at $1.1984. Today triple EMA on a day chart is up but H1 chart suggests bearish trend for the time being. A consistent close above $1.2037 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1988 on H1 chart will check further supports. EUR / USD 1.1982 1.1958 1.1921 1.1900 Buy Above 1.2020 1.2047 1.1985 – Take Profit – Stop Loss Trade Idea Sell Below 1.1980 1.1956 1.2015 – Take Profit – Stop Loss Trade Idea Trends Down Trend Moving Average (Period=75) Below MA RSI (Period=26) Below RSI LEVEL 50 JUNE, 2 021
  5. 5. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary H 1 FIBO Levels PIVOT R1 S1 1.4012 R2 S2 1.4040 R3 S3 1.4065 R4 Commentary S4 1.4096 Buy Above 1.4012 1.4037 1.3971 – Take Profit – Stop Loss Trade Idea Sell Below 1.3964 1.3936 1.3995 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 GBP/USD: The Sterling dropped noticeably in previous session and currently stabilizes below $1.40 mark. The pair made intraday high at $1.3999 and low at $1.3970 mark. A day chart suggests bullish trend but H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above $1.4012 on H1 chart will check key resistances. Alternatively, a consistent close below $1.3975 will check further supports. USD 1.3970 1.3948 1.3915 1.3892 GBP/ Trends Up Trend Moving Average (Period=75) Above MA RSI (Period=26) Above RSI LEVEL 50 JUNE, 2 021
  6. 6. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary Trends Up Trend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1.2288 R2 S2 1.2315 R3 S3 1.2343 R4 Commentary S4 1.2376 Buy Above 1.2291 1.2320 1.2255 – Take Profit – Stop Loss Trade Idea Sell Below 1.2250 1.2218 1.2286 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/CAD: The Canadian dollar weakens ahead of Canada’s Non –farm employment change data due later today and touches 1.2291 mark in Asian hours. Today pair made intraday high at 1.2291 and low at 1.2261 mark. Today a day chart is bearish but H1 chart with triple EMA suggests bullish trend for the time being. A sustained close above 1.2288 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2250 on H1 chart will check key supports too. USD /CAD 1.2250 1.2212 1.2187 1.2155 JUNE, 2 021
  7. 7. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary Trend Up Trend Moving Average (Period=75) Above MA H 1 RSI (Period=26) Above RSI LEVEL 50 FIBO Levels PIVOT R1 S1 110.82 R2 S2 111.22 R3 S3 111.54 R4 Commentary S4 111.78 Buy Above 110.90 111.20 110.57 – Take Profit – Stop Loss Trade Idea Sell Below 110.40 110.10 110.76 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 USD/JPY: The Japanese yen depreciated sharply and touches 110.82 mark in early Asia. The pair made intraday high at 110.82 and low at 110.58 mark. The triple EMA on a day and H1 chart suggests up trend for the time being. A sustained close above 110.90 on H1 chart requires for the upside rally. Alternatively, a consistent close below 110.40 on H1 will check further key supports. USD /JPY 110.40 110.10 109.85 109.54 JUNE, 2 021
  8. 8. BUY SELL R E P O R T F R O M : T P G LO B A L F X Technical Summary Trends Down Trend Moving Average (Period=75) Below MA H 1 RSI (Period=26) Below RSI LEVEL 50 FIBO Levels PIVOT R1 S1 1828 R2 S2 1832 R3 S3 1838 R4 Commentary S4 1844 Buy Above 1828 1834 1821 – Take Profit – Stop Loss Trade Idea Sell Below 1812 1806 1820 – Take Profit – Stop Loss Trade Idea +1 7754 366 970 analysis@tpglobalfx.com - Time Frame: H1 XAU/USD (GOLD): Gold fell immediately after FOMC Meeting and touched $1,803 mark overnight. Today the pair recovers slightly, made intraday high at $1,825 and low $1,809 mark. A day chart is up but H1 chart with triple EMA confirms bearish trend for the time being. A sustained close above $1,832 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,812 will check further supports. XAU [GOLD] USD / 1802 1795 1787 1781 JUNE, 2 021
  9. 9. Thank you! Info@tpglobalfx.com www.tpglobalfx.com R E P O R T F R O M : T P G L O B A L F X /tpglobalfx /tpglobalfx /tpglobalfx /tpglobalfx that even knowledgeable and well-experienced investors can experience large potential losses as a result of trading in Forex and CFDs. Consequently, investors should be fully aware of all the risks involved when trading Forex and CFDs and accept all the negative consequences associated with such trading. Please always remember that trading in Forex and CFDs might not be suitable for all investors. It is desirable investors who would consider trading, to do so only with money that they can afford to lose. You are also recommended to seek independent financial advice if necessary. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. Apple, the Apple logo, iPod, iPad, iPod touch, and iTunes are trademarks of Apple Inc, registered in the US and other countries. IPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc. This site is run and operated by – TP Global Services Limited registered by FSA, St. Vincent and the Grenadines with Number 25274 BC 2019 TP Global Services Limited does not offer its services to residents of certain jurisdictions such as USA, and British Columbia. Disclamer: Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note

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