Daily Analysis Report
+1 7754 366 970
analysis@tpglobalfx.com
REPORTFROM:TPGLOBALFX
24 June, 2020
+1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: Kiwi falls no ceably against major peers a er interest rate decision, most Asian markets in green, gold hits highest level since October
2012
Asian Headlines:
• Kiwi keeps official interest rate unchanged at 0.25 pct.
• Japan SPPI y/y remains unchanged at 0.8 pct.
Economic Data Ahead:
• (0400 ET/0800 GMT) Swiss Credit Suisse economic expecta ons.
• (0400 ET/0800 GMT) German IFO business climate.
Economic Events Ahead:
• (0900 ET/1300 GMT) SNB quarterly bulle n.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.02% to 96.63.
USD/JPY: The Japanese yen remains vola le on midnight and touched 106.07 marks. Today pair remains moreover flat at 106.55 mark. A sustained
close above 107.33 will take the parity higher towards key resistance around 107.87, 108, 22, 108.54, 109.20 and 109.72 mark respec vely. On the
other side, a consistent close below 106.51 will drag the parity down towards 106.22, 105.98 and 104.20 marks respec vely.
AUD/USD: The Aussie remains marginally higher against U.S. dollar and hovers around $0.6950 mark in early Asia. The pair made intraday high at
$0.6961 and low at $0.6924 marks. On the top side key resistances are seen at $0.6976, $0.7002, $0.7040 and $0.7066 mark respec vely. On the other
hand, a consistent close below $0.6929 will take the parity down towards key supports around $0.6858, $0.6799, $0.6760, $0.6722 and $0.6698 mark
respec vely.
NZD/USD: The kiwi falls remarkably against U.S. dollar a er as RBNZ keeps interest rate unchanged at 0.25 pct. Pair made intraday high at $0.6514 and
low at $0.6449 mark. Key resistances are seen at $0.6528, $0.6597, $0.6620 and $0.6665 mark respec vely. Alterna vely, a consistent close below
$0.6405 will drag the parity down towards key supports around $0.6380, $0.6356, $0.6289, $0.6240 mark respec vely.
USD/INR: The Indian rupee rises gradually against U.S. dollar and stabilizes below75.50 mark. The pair made intraday high at 75.43 and low at 75.25. A
sustained close below 75.43 marks will drag the parity down towards 75.12, 74.48, 74.12 and 73.99 mark. On the top side key resistances are seen at
75.65, 76.24, 76.48 and 76.88 marks respec vely.
EUR/USD: The euro rises no ceably against U.S. dollar and jumps back above $1.1300 mark. Today pair made intraday high at $1.1325 and low at
$1.1306 mark. A sustained close above $1.1307 tests key resistances at $1.1322, $1.1372, $1.1422, $1.1448 and $1.1476 mark respec vely. On the
other side, a sustained close below $1.1307 will target key supports around $1.1262, $1.1157, $1.1134 and $1.1067 marks respec vely.
GBP/USD: The pound trades flat against U.S. dollar and stabilizes above $1.25 mark. A sustained close above $1.2519 will drag the parity up towards
$1.2567, $1.2676, $1.2722, $1.2777, $1.2803 and $1.2849 mark respec vely. Key support levels are seen at $1.2507, $1.423, $1.2335, $1.2310,
$1.2282 and $1.2204 mark respec vely.
Commodity Trend:
XAU/USD (GOLD): Gold rises in Asian hours and touches $1,773 mark. Pair made intraday high at $1,773 and low at $1,766 mark. A sustained close
above $1,767 requires for the upside rally. Alterna vely, reversal from key resistance will take the parity down towards key supports around $1,748,
$1,740, $1,732, $1,722, $1,718, $1,708, $1,702, $1,692 and $1,685 mark respec vely. Key resistances are seen at $1,774, $1,792, $1,796, $1,803 and
$1,811 mark respec vely.
XAG/USD (Silver): Silver strengthens against U.S. dollar. A sustained close above $17.94 requires for upside rally. Key support levels are seen at $17.80,
$17.62, $17.40, $17.22, $17.09 and $16.98 marks respec vely. Key resistances are seen at $18.02, $18.10, $18.16 and $18.38 marks respec vely.
AUD / USD
REPORTFROM:TPGLOBALFXJUNE,2020
Time Frame: H1
INDICATORS
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RIS (Period=26) Above RIS LEVEL 50
FIBO Levels PIVOT
R1 0.69648 S1 0.68756
Buy Above 0.69748
0.69922
0.69077
0.69077
0.68800
0.69748
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 0.69923 S2 0.68481
R3 0.70369 S3 0.68035
R4 0.71090 S4 0.67314
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
0.69202
EUR / USD
REPORTFROM:TPGLOBALFXJUNE,2020
Time Frame: H1
INDICATORS
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RIS (Period=26) Above RIS LEVEL 50
FIBO Levels PIVOT
R1 1.13289 S1 1.12583
Buy Above 1.13338
1.13497
1.12704
1.12704
1.12509
1.13338
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.13508 S2 1.12364
R3 1.13861 S3 1.12011
R4 1.14433 S4 1.11439
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1.12936
GBP / USD
REPORTFROM:TPGLOBALFXJUNE,2020
Time Frame: H1
INDICATORS
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RIS (Period=26) Above RIS LEVEL 50
FIBO Levels PIVOT
R1 1.25320 S1 1.24558
Buy Above 1.25540
1.25808
1.24624
1.24624
1.24409
1.25540
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.25555 S2 1.24323
R3 1.25936 S3 1.23942
R4 1.26552 S4 1.23326
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1.24939
USD /CAD
REPORTFROM:TPGLOBALFXJUNE,2020
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1.35675 S1 1.35023
Buy Above 1.35781
1.36151
1.34889
1.34889
1.34549
1.35781
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.35876 S2 1.34822
R3 1.36202 S3 1.34496
R4 1.36729 S4 1.33969
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1.35349
Trend Up Trend
Moving Average (Period=75 Above MA
RIS (Period=26 Above RIS LEVEL 50
USD /JPY
REPORTFROM:TPGLOBALFXJUNE,2020
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 107.037 S1 106.159
Buy Above 106.912
107.037
106.350
106.350
106.232
106.912
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 107.307 S2 105.889
R3 107.746 S3 105.450
R4 108.455 S4 104.741
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
106.598
Trends Up Trend
Moving Average (Period=75) Above MA
RIS (Period=26) Above RIS LEVEL 50
XAU / [GOLD]USD
REPORTFROM:TPGLOBALFXJUNE,2020
Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1770.82 S1 1752.70
Buy Above 1773.82
1779.39
1755.13
1755.13
1749.03
1773.82
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1776.43 S2 1747.09
R3 1785.49 S3 1738.03
R4 S4 1723.36
Conclusion
+1 7754 366 970
analysis@tpglobalfx.com
1761.76
Trends Up Trend
Moving Average (Period=75) Above MA
RIS (Period=26) Above RIS LEVEL 50
1800.16
Thank
you!
Info@tpglobalfx.com
www.tpglobalfx.com
REPORTFROM:TPGLOBALFX
/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

Daily Forex Technical Analysis Report - June 24, 2020

  • 1.
    Daily Analysis Report +17754 366 970 analysis@tpglobalfx.com REPORTFROM:TPGLOBALFX 24 June, 2020
  • 2.
    +1 7754 366970 analysis@tpglobalfx.com Asian Bulle n: Kiwi falls no ceably against major peers a er interest rate decision, most Asian markets in green, gold hits highest level since October 2012 Asian Headlines: • Kiwi keeps official interest rate unchanged at 0.25 pct. • Japan SPPI y/y remains unchanged at 0.8 pct. Economic Data Ahead: • (0400 ET/0800 GMT) Swiss Credit Suisse economic expecta ons. • (0400 ET/0800 GMT) German IFO business climate. Economic Events Ahead: • (0900 ET/1300 GMT) SNB quarterly bulle n. Major FX Pair Trend: USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched down 0.02% to 96.63. USD/JPY: The Japanese yen remains vola le on midnight and touched 106.07 marks. Today pair remains moreover flat at 106.55 mark. A sustained close above 107.33 will take the parity higher towards key resistance around 107.87, 108, 22, 108.54, 109.20 and 109.72 mark respec vely. On the other side, a consistent close below 106.51 will drag the parity down towards 106.22, 105.98 and 104.20 marks respec vely. AUD/USD: The Aussie remains marginally higher against U.S. dollar and hovers around $0.6950 mark in early Asia. The pair made intraday high at $0.6961 and low at $0.6924 marks. On the top side key resistances are seen at $0.6976, $0.7002, $0.7040 and $0.7066 mark respec vely. On the other hand, a consistent close below $0.6929 will take the parity down towards key supports around $0.6858, $0.6799, $0.6760, $0.6722 and $0.6698 mark respec vely. NZD/USD: The kiwi falls remarkably against U.S. dollar a er as RBNZ keeps interest rate unchanged at 0.25 pct. Pair made intraday high at $0.6514 and low at $0.6449 mark. Key resistances are seen at $0.6528, $0.6597, $0.6620 and $0.6665 mark respec vely. Alterna vely, a consistent close below $0.6405 will drag the parity down towards key supports around $0.6380, $0.6356, $0.6289, $0.6240 mark respec vely. USD/INR: The Indian rupee rises gradually against U.S. dollar and stabilizes below75.50 mark. The pair made intraday high at 75.43 and low at 75.25. A sustained close below 75.43 marks will drag the parity down towards 75.12, 74.48, 74.12 and 73.99 mark. On the top side key resistances are seen at 75.65, 76.24, 76.48 and 76.88 marks respec vely. EUR/USD: The euro rises no ceably against U.S. dollar and jumps back above $1.1300 mark. Today pair made intraday high at $1.1325 and low at $1.1306 mark. A sustained close above $1.1307 tests key resistances at $1.1322, $1.1372, $1.1422, $1.1448 and $1.1476 mark respec vely. On the other side, a sustained close below $1.1307 will target key supports around $1.1262, $1.1157, $1.1134 and $1.1067 marks respec vely. GBP/USD: The pound trades flat against U.S. dollar and stabilizes above $1.25 mark. A sustained close above $1.2519 will drag the parity up towards $1.2567, $1.2676, $1.2722, $1.2777, $1.2803 and $1.2849 mark respec vely. Key support levels are seen at $1.2507, $1.423, $1.2335, $1.2310, $1.2282 and $1.2204 mark respec vely. Commodity Trend: XAU/USD (GOLD): Gold rises in Asian hours and touches $1,773 mark. Pair made intraday high at $1,773 and low at $1,766 mark. A sustained close above $1,767 requires for the upside rally. Alterna vely, reversal from key resistance will take the parity down towards key supports around $1,748, $1,740, $1,732, $1,722, $1,718, $1,708, $1,702, $1,692 and $1,685 mark respec vely. Key resistances are seen at $1,774, $1,792, $1,796, $1,803 and $1,811 mark respec vely. XAG/USD (Silver): Silver strengthens against U.S. dollar. A sustained close above $17.94 requires for upside rally. Key support levels are seen at $17.80, $17.62, $17.40, $17.22, $17.09 and $16.98 marks respec vely. Key resistances are seen at $18.02, $18.10, $18.16 and $18.38 marks respec vely.
  • 3.
    AUD / USD REPORTFROM:TPGLOBALFXJUNE,2020 TimeFrame: H1 INDICATORS Trends Up Trend Moving Average (Period=75) Above MA H 1 RIS (Period=26) Above RIS LEVEL 50 FIBO Levels PIVOT R1 0.69648 S1 0.68756 Buy Above 0.69748 0.69922 0.69077 0.69077 0.68800 0.69748 – Take Profit – Stop Loss Sell Below – Take Profit – Stop Loss R2 0.69923 S2 0.68481 R3 0.70369 S3 0.68035 R4 0.71090 S4 0.67314 Conclusion +1 7754 366 970 analysis@tpglobalfx.com 0.69202
  • 4.
    EUR / USD REPORTFROM:TPGLOBALFXJUNE,2020 TimeFrame: H1 INDICATORS Trends Up Trend Moving Average (Period=75) Above MA H 1 RIS (Period=26) Above RIS LEVEL 50 FIBO Levels PIVOT R1 1.13289 S1 1.12583 Buy Above 1.13338 1.13497 1.12704 1.12704 1.12509 1.13338 – Take Profit – Stop Loss Sell Below – Take Profit – Stop Loss R2 1.13508 S2 1.12364 R3 1.13861 S3 1.12011 R4 1.14433 S4 1.11439 Conclusion +1 7754 366 970 analysis@tpglobalfx.com 1.12936
  • 5.
    GBP / USD REPORTFROM:TPGLOBALFXJUNE,2020 TimeFrame: H1 INDICATORS Trends Up Trend Moving Average (Period=75) Above MA H 1 RIS (Period=26) Above RIS LEVEL 50 FIBO Levels PIVOT R1 1.25320 S1 1.24558 Buy Above 1.25540 1.25808 1.24624 1.24624 1.24409 1.25540 – Take Profit – Stop Loss Sell Below – Take Profit – Stop Loss R2 1.25555 S2 1.24323 R3 1.25936 S3 1.23942 R4 1.26552 S4 1.23326 Conclusion +1 7754 366 970 analysis@tpglobalfx.com 1.24939
  • 6.
    USD /CAD REPORTFROM:TPGLOBALFXJUNE,2020 Time Frame:H1 INDICATORS H 1 FIBO Levels PIVOT R1 1.35675 S1 1.35023 Buy Above 1.35781 1.36151 1.34889 1.34889 1.34549 1.35781 – Take Profit – Stop Loss Sell Below – Take Profit – Stop Loss R2 1.35876 S2 1.34822 R3 1.36202 S3 1.34496 R4 1.36729 S4 1.33969 Conclusion +1 7754 366 970 analysis@tpglobalfx.com 1.35349 Trend Up Trend Moving Average (Period=75 Above MA RIS (Period=26 Above RIS LEVEL 50
  • 7.
    USD /JPY REPORTFROM:TPGLOBALFXJUNE,2020 Time Frame:H1 INDICATORS H 1 FIBO Levels PIVOT R1 107.037 S1 106.159 Buy Above 106.912 107.037 106.350 106.350 106.232 106.912 – Take Profit – Stop Loss Sell Below – Take Profit – Stop Loss R2 107.307 S2 105.889 R3 107.746 S3 105.450 R4 108.455 S4 104.741 Conclusion +1 7754 366 970 analysis@tpglobalfx.com 106.598 Trends Up Trend Moving Average (Period=75) Above MA RIS (Period=26) Above RIS LEVEL 50
  • 8.
    XAU / [GOLD]USD REPORTFROM:TPGLOBALFXJUNE,2020 TimeFrame: H1 INDICATORS H 1 FIBO Levels PIVOT R1 1770.82 S1 1752.70 Buy Above 1773.82 1779.39 1755.13 1755.13 1749.03 1773.82 – Take Profit – Stop Loss Sell Below – Take Profit – Stop Loss R2 1776.43 S2 1747.09 R3 1785.49 S3 1738.03 R4 S4 1723.36 Conclusion +1 7754 366 970 analysis@tpglobalfx.com 1761.76 Trends Up Trend Moving Average (Period=75) Above MA RIS (Period=26) Above RIS LEVEL 50 1800.16
  • 9.
    Thank you! Info@tpglobalfx.com www.tpglobalfx.com REPORTFROM:TPGLOBALFX /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