The document provides a daily analysis report from TP Global FX. It includes key headlines from Asia and economic data from various countries. Technical analysis is given for various currency pairs like AUD/USD, EUR/USD, GBP/USD, USD/CAD, USD/JPY, and XAU/USD. The technical analysis provides the trend, moving averages, RSI levels and pivot points. Buy and sell trade ideas are given based on levels to enter and exit trades. Economic events and data releases for the day are also listed.

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
08 June, 2021
Daily Analysis Report

2. +1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: Japanese yen falls sharply a er mixed economic indicators, most Asian stock markets in red, gold hovers around $1,900 mark
Key Headlines:
• U.S. Consumer Credit remains unchanged at 18.6B vs 19.5B expected.
• U.K. BRC Retail Sales monitor stands at 18.5 pct vs 39.6 pct previous release.
• Japan average cash earning stands at 1.6 pct vs 0.6 pct previous release.
• Japan bank lending stands at 2.9 pct vs 4.8 pct previous release.
• Japan Current account stands at 1.55T vs 1.70T previous release.
• Japan Final GDP q/q stands at -1.0 pct vs -1.3 pct previous release.
• Australia NAB Business confidence stands at 20 vs 23 previous release.
• The European Parliament on 20 May adopted a resolu on sta ng that the ra fica on process of the EU - China Comprehensive Agreement on Investment
(CAI), agreed in principle in December 2020, would be "frozen" by the Parliament while Chinese sanc ons remain in place.
• Federal Reserve to release 2021 bank stress test results June 24 – Reuters.
• U.S. tech giants likely to benefit from the agreement of the G7 countries’ to create a global minimum 15% corporate tax rate – Reuters.
Economic Data Ahead:
• (0645 GMT/1215 IST) France Trade Balance, previous -6.1B, expected -5.3B.
• (0800 GMT/1330 IST) Italy Retail Sales, previous -0.1, expected 0.2.
• (0900 GMT/1430 IST) Euro ZEW Economic Sen ment, previous 84.0, expected 85.5.
• (0900 GMT/1430 IST) German ZEW Economic Sen ment, previous 84.4, expected 86.0.
• (0900 GMT/1430 IST) Euro Final Employment Change, previous -0.3, expected -0.3.
• (0900 GMT/1430 IST) Euro Revised GDP, previous -0.6, expected -0.6.
• (1230 GMT/1800 IST) U.S. Trade Balance, previous -74.4B, expected -68.5B.
• (1230 GMT/1800 IST) Canada Trade Balance, Previous -1.1B, expected -0.9B.
• (1400 GMT/1930 IST) U.S. JOLTS Job openings, previous 8.12M, expected 8.18M.
Economic Events Ahead:
• (1300 GMT/1830 IST) U.K. MPC member Haldane speaks.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.09% to 90.03 points.

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
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
0.7764
R2 S2
0.7790
R3 S3
0.7826
R4
Commentary
S4
0.7854
Buy Above 0.7765
0.7787
0.7738
– Take Profit
– Stop Loss
Trade Idea
Sell Below 0.7728
0.7705
0.7750
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
AUD/USD: The Aussie trades marginally lower as NAB business confidence data misses
expectations and currently hovers around $0.7750 mark. The pair made intraday high at $0.7763
and low at $0.7744 mark. A day chart and H1 chart with triple EMA confirm bullish trend for the
time being. A sustained close above $0.7764 on H1 chart requires for the upside rally.
Alternatively, a consistent close below $0.7730 will check further supports.
0.7730
0.7702
0.7680
0.7650

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
1.2199
R2 S2
1.2222
R3 S3
1.2248
R4
Commentary
S4
1.2272
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
EUR/USD: The euro trades marginally lower on Tuesday ahead of German ZEW Economic
Sentiment data. Today pair made intraday high at $1.2194 and low at $1.2177. Today triple EMA
on a day chart and H1 chart suggest up trend for the time being. A consistent close above
$1.2199 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2150
on H1 chart will check further supports.
EUR / USD
1.2150
1.2122
1.2080
1.2062
Buy Above 1.2195
1.2222
1.2172
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2158
1.2131
1.2189
– Take Profit
– Stop Loss
Trade Idea
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
JUNE,
2
021

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
1.4190
R2 S2
1.4224
R3 S3
1.4248
R4
Commentary
S4
1.4287
Buy Above 1.4190
1.4225
1.4150
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.4135
1.4110
1.4163
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
GBP/USD: The Sterling remained highly volatile since yesterday and stabilizes around $1.4150
mark. The pair made intraday high at $1.4184 and low at $1.4156 mark. A day chart and H1 chart
with triple EMA suggest up trend for the time being. A sustained close above $1.4190 on H1 chart
will check key resistances. Alternatively, a consistent close below $1.4110 will check further
supports.
USD
1.4110
1.4078
1.4040
1.4010
GBP/
Trends Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
JUNE,
2
021

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 Down Trend
Moving Average (Period=75) Below MA
H 1
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
1.2095
R2 S2
1.2132
R3 S3
1.2148
R4
Commentary
S4
1.2176
Buy Above 1.2095
1.2121
1.2065
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2060
1.2034
1.2090
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/CAD: The Canadian dollar trades almost flat on Tuesday ahead of Trade balance data.
Today pair made intraday high at 1.2090 and low at 1.2077 mark. Today a day chart and H1 chart
with triple EMA suggest bearish trend for the time being. A sustained close above 1.2095 on H1
chart requires for the upside rally. Alternatively, a consistent close below 1.2070 on H1 chart will
check key supports too.
USD /CAD
1.2070
1.2040
1.2015
1.2000
JUNE,
2
021

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
109.64
R2 S2
109.85
R3 S3
110.32
R4
Commentary
S4
110.78
Buy Above 109.50
109.76
109.18
– Take Profit
– Stop Loss
Trade Idea
Sell Below 109.11
108.76
109.55
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/JPY: The Japanese yen falls sharply in early Asian as Japan released key indicators with the
mixed numbers. The pair made intraday high at 109.44 and low at 109.19 mark. The triple EMA
on a day chart is up but H1 chart suggests down trend for the time being. A sustained close above
109.64 on H1 chart requires for the upside rally. Alternatively, a consistent close below 109.20 on
H1 will check further key supports.
USD /JPY
109.15
108.76
108.32
107.98
JUNE,
2
021

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 Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
1904
R2 S2
1909
R3 S3
1916
R4
Commentary
S4
1922
Buy Above 1903
1909
1894
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1891
1885
1899
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
XAU/USD (GOLD): Gold starts a new day on a positive note and touches $1,903 mark in Asian
hours. Today pair made intraday high at $1,903 and low $1,895 mark. A day chart and H1 chart
with triple EMA confirms bullish trend for the time being. A sustained close above $1,902 on H1
chart requires for the upside rally. Alternatively, a consistent close below $1,892 will check further
supports. Traders eye U.S. trade balance data for the further direction of the gold.
XAU [GOLD]
USD
/
1892
1887
1881
1874
JUNE,
2
021

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