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06 June 2022
Daily Analysis Report
2. +1 7754 366 970
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Asian Bulle n: U.S. dollar starts a new week on a flat note amid economic light FX calendar, Asian stock markets mixed, gold stabilizes above $1,850 mark
Key Headlines:
• Australia, Swiss, France and German banks will remain closed for the day.
• Australia MI Infla on Gauge stands at 1.1 pct vs -0.1 pct previous release.
• Australia ANZ Job Adver sement stands at 0.4 pct vs -2.0 pct previous release.
• China Caixin Services PMI stands at 41.4 vs 36.2 previous release.
• President Vladimir Pu n on Sunday warned that Russia will strike targets, which he did not specify, if the West supplies Ukraine with longer-range missiles –Sources.
• Russia struck Ukraine's capital Kyiv with missiles early on Sunday for the first me in more than a month, while Ukrainian officials said a counter-a ack on the main ba lefield in the
east had retaken half of the city of Sievierodonetsk – Reuters.
• Beijing will further relax COVID-19 curbs by allowing indoor dining, as China's capital steadily returns to normal with inflec ons falling, state media said on Sunday – Reuters.
• North Korea reported some 73,780 more people with fever symptoms amid its first-ever coronavirus outbreak, North Korean state media KCNA said on Sunday – Reuters.
• India has approved Hyderabad-based drugmaker Biological E's COVID-19 vaccine as the first mix-and-match booster dose in the country, the company said on Saturday – Reuters.
• South Korean President Yoon Suk-yeol said on Monday North Korea's missile and nuclear weapons programmes have reached a level where they pose a threat to regional and world
peace – Reuters.
• The U.S. and South Korean militaries have conducted a live-fire exercise, with one U.S. missile and seven South Korean missiles launched into the Sea of Japan, the U.S. military said
in a statement on Sunday – Reuters.
• Britain will supply Ukraine with mul ple-launch rocket systems that can strike targets up to 80 km (50 miles) away, it said on Monday, in a move that was coordinated with the
United States in response to Russia's invasion – Reuters.
• Finland and Sweden joining NATO would put Russia in a difficult military posi on in the Bal c Sea, top U.S. General Mark Milley said on Saturday during a visit to Stockholm ahead of
a military exercise – Reuters.
• Austrian Chancellor Karl Nehammer called on Sunday for an intermediate stage between coopera on and full membership of the European Union for countries like Ukraine and
Moldova – Reuters.
Key Economic Indicators Ahead:
• No Key Indicators scheduled for the day.
Economic Events Ahead:
• No Key Events scheduled for the day.
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 102.12 points.
3. AUD / USD
BUY SELL
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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
0.7222
R2 S2
0.7250
R3 S3
0.7272
R4
Commentary
S4
0.7299
Buy Above 0.7222
0.7252
0.7189
– Take Profit
– Stop Loss
Trade Idea
Sell Below 0.7189
0.7155
0.7212
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
AUD/USD: The Aussie depreciates on Monday and hovers around $0.7200 mark. Economic
Calendar will remain empty for the day. Today pair made intraday high at $0.7216 and low at $0.7187
mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained
close above $0.7222 on H1 chart requires for the upside rally. Alternatively, a consistent close below
$0.7189 will check further supports.
0.7189
0.7172
0.7150
0.7120
JUNE,
2022
4. BUY SELL
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Technical Summary H 1
FIBO Levels PIVOT
R1 S1
1.0755
R2 S2
1.0782
R3 S3
1.0815
R4
Commentary
S4
1.0840
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-
Time Frame: H1
EUR/USD: The euro trades flat on Monday as most of the parts of EuroArea will remain closed for the
day. The pair made intraday high at $1.0731 and low at $1.0710 mark. Today triple EMAon a day chart
is up and H1 chart suggests down trend for the time being. A consistent close above $1.0730 on H1
chart requires for the upside rally. Alternatively, a sustained close below $1.0700 on H1 chart will
check further supports.
EUR / USD
1.0700
1.0682
1.0655
1.0630
Buy Above 1.0731
1.0760
1.0710
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.0700
1.0672
1.0720
– Take Profit
– Stop Loss
Trade Idea
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
JUNE,
2022
5. BUY SELL
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Technical Summary
H 1
FIBO Levels PIVOT
R1 S1
1.2502
R2 S2
1.2530
R3 S3
1.2555
R4
Commentary
S4
1.2578
Buy Above 1.2502
1.2530
1.2480
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2470
1.2438
1.2499
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
GBP/USD: The sterling moves in narrow range on Monday and stabilizes below $1.2500 mark.
Today pair made intraday high at $1.2502 and low at $1.2476 mark. A day chart and H1 chart with
triple EMA suggest down trend for the time being. A sustained close above $1.2502 on H1 chart will
check key resistances.Alternatively, a consistent close below $1.2470 will check further supports.
USD
1.2470
1.2450
1.2421
1.2400
GBP/
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
JUNE,
2022
6. BUY SELL
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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
1.2602
R2 S2
1.2626
R3 S3
1.2652
R4
Commentary
S4
1.2680
Buy Above 1.2599
1.2631
1.2570
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2571
1.2540
1.2599
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/CAD: The CAD exhibits range bound movement on Monday and Consolidates around 1.2580
mark. Today the pair made intraday high at 1.2601 and low at 1.2578 mark. Today a day chart and H1
chart with triple EMA suggest down trend for the time being. A sustained close above 1.2599 on H1
chart requires for the upside rally.Alternatively, a consistent close below 1.2570 on H1 chart will check
key supports too.
USD /CAD
1.2570
1.2550
1.2521
1.2501
JUNE,
2022
7. BUY SELL
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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
130.99
R2 S2
131.26
R3 S3
131.54
R4
Commentary
S4
131.72
Buy Above 130.99
131.36
130.55
– Take Profit
– Stop Loss
Trade Idea
Sell Below 130.40
130.02
130.80
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/JPY: The Japanese yen slightly higher on Monday and touches 130.99 mark in opening hours.
The pair made intraday high at 130.99 and low at 130.52 mark. The triple EMA on a day chart and H1
chart suggest bullish trend for the time being.Asustained close above 130.99 on H1 chart requires for
the upside rally. Alternatively, a consistent close below 130.50 on H1 chart will check further key
supports.
USD /JPY
130.40
130.18
129.95
129.67
JUNE,
2022
8. BUY SELL
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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
1858
R2 S2
1862
R3 S3
1867
R4
Commentary
S4
1872
Buy Above 1860
1865
1856
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1852
1847
1856
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
XAU/USD (GOLD): Gold trades slightly higher on Monday and remains well supported above $1,850
mark. The pair made intraday high at $1,856 and low at $1,850 mark. A day chart and H1 chart with
triple EMA suggest down trend for the time being. A sustained close above $1,858 on H1 chart
requires for the upside rally.Alternatively, a consistent close below $1,848 on H1 chart will test further
supports. U.S. economic Calendar will remain empty for the day.
XAU [GOLD]
USD
/
1848
1842
1837
1832
JUNE,
2022
9. Thank
you!
Info@tpglobalfx.com
www.tpglobalfx.com
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