Daily Analysis Report - June 29, 2020

1. What Chart Says, Today?
June 29, 2020
Bharat Pandya – info@fxprofitmanager.com

2. Eye On Fundamentals

3. Headlines
• Japan retail sales y/y stands at -12.3 pct vs -13.9 pct previous released
(expected -11.6).
• A sudden rise in corona virus cases by more than 45,000 in one day in
United states

4. Economic Data Ahead
• (0300 ET/0700 GMT) Spain flash CPI, previous -0.9, expected -0.9 pct.
• (0430 ET/0830 GMT) U.K. mortgage approvals, previous 16K, expected
25K.
• (0830 ET/1230 GMT) Canada building permits, previous -17.1, expected
10.3

5. Economic Event Ahead
• (0530 ET/0930 GMT) BOE governor Bailey’s speech.

6. TECHNICAL AALYSIS

7. What Chart Says, This Week?
• We are presenting an analysis for Major Currency Crosses, Gold &
Crude for June 29, 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 1762.95
R1 1772.34 S1 1753.56
R2 1778.14 S2 1747.76
R3 1787.53 S3 1738.37
CONCLUSION
Buy Above 1777.77 Take Profit 1784.02 Stop Loss 1762.83
Sell Below 1762.83 Take Profit 1757.74 Stop Loss 1777.77

10. AUDUSD (H1 Chart)

11. AUDUSD Day Forecasting
INDICATOR H1 CHART
TREND Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RIS LEVEL 50
FIBONACCI PIVOT 0.68749
R1 0.68858 S1 0.68440
R2 0.68988 S2 0.68310
R3 0.69197 S3 0.68101
CONCLUSION
Buy Above 0.68900 Take Profit 0.69089 Stop Loss 0.68576
Sell Below 0.68576 Take Profit 0.68465 Stop Loss 0.68900

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 1.12170
R1 1.12338 S1 1.12002
R2 1.12443 S2 1.11897
R3 1.12611 S3 1.11729
CONCLUSION
Buy Above 1.12606 Take Profit 1.12735 Stop Loss 1.12166
Sell Below 1.12166 Take Profit 1.12007 Stop Loss 1.12606

14. GBPUSD (H1 Chart)

15. GBPUSD Day Forecasting
INDICATOR H1 CHART
TREND Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RIS LEVEL 50
FIBONACCI PIVOT 1.23621
R1 1.24089 S1 1.23153
R2 1.24377 S2 1.22865
R3 1.24845 S3 1.22397
CONCLUSION
Buy Above 1.24112 Take Profit 1.24371 Stop Loss 1.23269
Sell Below 1.23269 Take Profit 1.22879 Stop Loss 1.24112

16. USDCAD (H1 Chart)

17. USDCAD Day Forecasting
INDICATOR H1 CHART
TREND Reversing Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RIS LEVEL 50
FIBONACCI PIVOT 1.36771
R1 1.37105 S1 1.36437
R2 1.37312 S2 1.36230
R3 1.37646 S3 1.35896
CONCLUSION
Buy Above 1.37004 Take Profit 1.37268 Stop Loss 1.36382
Sell Below 1.36382 Take Profit 1.36155 Stop Loss 1.37004

18. USDJPY (H1 Chart)

19. USDJPY Day Forecasting
INDICATOR H1 CHART
TREND Reversing Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RIS LEVEL 50
FIBONACCI PIVOT 107.121
R1 107.335 S1 106.907
R2 107.468 S2 106.774
R3 107.682 S3 106.560
CONCLUSION
Buy Above 107.329 Take Profit 107.524 Stop Loss 106.898
Sell Below 106.898 Take Profit 106.605 Stop Loss 107.329

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