The document provides a daily technical analysis and forecast for major currency crosses, gold, and crude oil on July 22, 2020. It includes: - Economic data released from Australia, Japan, and Canada showing mixed results. - Upcoming key economic data and events from the US and Canada on consumer prices and home prices. - Technical analysis charts for XAUUSD, AUDUSD, EURUSD, GBPUSD, USDCAD, and USDJPY showing overall upward trends against moving averages and levels for potential buy and sell opportunities. - Recommendations to watch fundamental events, manage risk with tight stop losses, and only trade at optimal levels due to high volatility.

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

2. Eye On Fundamentals

3. Headlines
• Australia MI leading index m/m stands at 0.4 pct vs 0.2 pct previous release.
• Japan flash manufacturing PMI stands at 42.6 vs 40.1 previous release.
• Australia retail sales m/m stands at 2.4 pct vs 16.9 pct previous release.

4. Economic Data Ahead
• (0830 ET/1230 GMT) Canada CPI m/m, previous 0.3, expected 0.4.
• (0830 ET/1230 GMT) Canada core CPI m/m, previous -0.1.
• (0900 ET/1300 GMT) U.S. HPI m/m, previous 0.2, expected 0.3 pct.
• (1000 ET/1400 GMT) U.S. exisng home sales, previous 3.91M, expected 4.77M.

5. Economic Event Ahead
• No key events scheduled for the day

6. TECHNICAL AALYSIS

7. What Chart Says, This Week?
• We are presenting an analysis for Major Currency Crosses, Gold &
Crude for July 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) Above MA
RSI (Period=26) Above RIS LEVEL 50
FIBONACCI PIVOT 1833.60
R1 1844.08 S1 1823.12
R2 1850.55 S2 1816.65
R3 1861.03 S3 1806.17
CONCLUSION
Buy Above 1862.08 Take Profit 1866.55 Stop Loss 1830.17
Sell Below 1830.17 Take Profit 1824.97 Stop Loss 1862.08

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 0.70948
R1 0.71464 S1 0.70432
R2 0.71783 S2 0.70113
R3 0.72299 S3 0.69597
CONCLUSION
Buy Above 0.71726 Take Profit 0.72153 Stop Loss 0.70281
Sell Below 0.70281 Take Profit 0.69719 Stop Loss 0.71726

12. EURUSD (H1 Chart)

13. EURUSD Day Forecasting
INDICATOR H1 CHART
TREND Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RIS LEVEL 50
FIBONACCI PIVOT 1.14959
R1 1.15405 S1 1.14513
R2 1.15681 S2 1.14237
R3 1.16127 S3 1.13791
CONCLUSION
Buy Above 1.15614 Take Profit 1.15884 Stop Loss 1.14623
Sell Below 1.14623 Take Profit 1.14276 Stop Loss 1.15614

14. GBPUSD (H1 Chart)

15. GBPUSD Day Forecasting
INDICATOR H1 CHART
TREND Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RIS LEVEL 50
FIBONACCI PIVOT 1.27157
R1 1.27607 S1 1.26707
R2 1.27885 S2 1.26429
R3 1.28335 S3 1.25979
CONCLUSION
Buy Above 1.27732 Take Profit 1.28188 Stop Loss 1.26668
Sell Below 1.26668 Take Profit 1.26321 Stop Loss 1.27732

16. USDCAD (H1 Chart)

17. USDCAD Day Forecasting
INDICATOR H1 CHART
TREND Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RIS LEVEL 50
FIBONACCI PIVOT 1.34730
R1 1.35159 S1 1.34301
R2 1.35424 S2 1.34036
R3 1.35853 S3 1.33607
CONCLUSION
Buy Above 1.35098 Take Profit 1.35359 Stop Loss 1.34170
Sell Below 1.34170 Take Profit 1.33947 Stop Loss 1.35098

18. USDJPY (H1 Chart)

19. USDJPY Day Forecasting
INDICATOR H1 CHART
TREND Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RIS LEVEL 50
FIBONACCI PIVOT 106.945
R1 107.206 S1 106.684
R2 107.367 S2 106.523
R3 107.628 S3 106.262
CONCLUSION
Buy Above 107.152 Take Profit 107.381 Stop Loss 106.684
Sell Below 106.684 Take Profit 106.490 Stop Loss 107.152

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