Daily Analysis Report - June 24, 2020

1. What Chart Says, Today?
June 24, 2020
Bharat Pandya – info@fxprofitguru.com

2. Eye On Fundamentals

3. Headlines
• Kiwi keeps official interest rate unchanged at 0.25 pct.
• Japan SPPI y/y remains unchanged at 0.8 pct.

4. Economic Data Ahead
• (0400 ET/0800 GMT) Swiss Credit Suisse economic expectaons.
• (0400 ET/0800 GMT) German IFO business climate.

5. Economic Event Ahead
• (0900 ET/1300 GMT) SNB quarterly bullen.

6. TECHNICAL AALYSIS

7. What Chart Says, This Week?
• We are presenting an analysis for Major Currency Crosses, Gold &
Crude for June 24, 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) Below MA
RSI (Period=26) Below RIS LEVEL 50
FIBONACCI PIVOT 1761.76
R1 1770.82 S1 1752.70
R2 1776.43 S2 1747.09
R3 1785.49 S3 1738.03
CONCLUSION
Buy Above 1773.82 Take Profit 1779.39 Stop Loss 1755.13
Sell Below 1755.13 Take Profit 1749.03 Stop Loss 1773.82

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 0.69202
R1 0.69648 S1 0.68756
R2 0.69923 S2 0.68481
R3 0.70369 S3 0.68035
CONCLUSION
Buy Above 0.69748 Take Profit 0.69922 Stop Loss 0.69077
Sell Below 0.69077 Take Profit 0.68800 Stop Loss 0.69748

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 1.12936
R1 1.13289 S1 1.12583
R2 1.13508 S2 1.12364
R3 1.13861 S3 1.12011
CONCLUSION
Buy Above 1.13338 Take Profit 1.13497 Stop Loss 1.12704
Sell Below 1.12704 Take Profit 1.12509 Stop Loss 1.13338

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 1.24939
R1 1.25320 S1 1.24558
R2 1.25555 S2 1.24323
R3 1.25936 S3 1.23942
CONCLUSION
Buy Above 1.25540 Take Profit 1.25808 Stop Loss 1.24624
Sell Below 1.24624 Take Profit 1.24409 Stop Loss 1.25540

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 1.35349
R1 1.35675 S1 1.35023
R2 1.35876 S2 1.34822
R3 1.36202 S3 1.34496
CONCLUSION
Buy Above 1.3578 Take Profit 1.36151 Stop Loss 1.34889
Sell Below 1.34889 Take Profit 1.34549 Stop Loss 1.35781

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 106.598
R1 107.037 S1 106.159
R2 107.307 S2 105.889
R3 107.746 S3 105.450
CONCLUSION
Buy Above 106.912 Take Profit 107.037 Stop Loss 106.350
Sell Below 106.350 Take Profit 106.232 Stop Loss 106.912