Let's review all the major instrument analysis including: #AUDUSD, #EURUSD, #GBPUSD, #USDCAD, #USDJPY and #GOLD.

1. WHAT CHART SAYS,THIS
WEEK?
(06 JULY – 10 JULY , 2020)

2. EYE ON FUNDAMENTALS (LAST WEEK)

3. ECONOMY-GLOBAL
 Charting the Global Economy: Job
Worries and Cash Hoarding
Source:Bloomberg

4. ECONOMY-GLOBAL
 Spending Habits
 “precautionary holdings of cash have risen
in some economies.”
Source:Bloomberg

5. ECONOMY-GLOBAL
 JOB MARKET
 The job market made greater progress
than expected last month digging out of a
deep hole with a record 4.8 million jobs
added. Yet optimism over the rebound
was tempered by stubbornly high layoffs
and a resurgent coronavirus outbreak
across parts of the U.S.
Source:Bloomberg

6. ECONOMY-GLOBAL
 A closely watched measure
of manufacturing jumped in June to the
highest in more than a year, signaling the
resumption of growth as pandemic-
related lockdowns ended.
Source:Bloomberg

7. ECONOMY-ITALY
 Domestic Investors Wanted – ITALY
 Italian retail investors own only 3.1% of
their country’s government bonds
Source:Bloomberg

8. ECONOMY-UK
 Reopening U.K. Hospitality
 Around 42% of respondents are already open or
will open around July 4
Source:Bloomberg

9. ECONOMY-USA
 Trump Says Jobs Report Shows the U.S.
Economy Is ‘Roaring Back’
 What’s on the Table for the Next Round of
U.S. Virus Relief
Source:Bloomberg
Unemployment Benefit
The most difficult talks will be over whether to extend a $600-
per-week boost to unemployment benefits approved by
Congress in March that expires July 31. Democrats have sought
to extend it into next year with possible phase-outs linked to
improving state economic numbers.
Direct Payments
Republicans are showing openness to another round of direct
payments to individuals. House Democrats in their May bill
proposed repeating the $1,200 payments to individuals making
less than $75,000 per year, with as much as $6,000 per family.

10. ECONOMY-EURO
 ECB’s Lagarde Expects Disinflation as Crisis
Transforms Economy
Source:Bloomberg

11. ECONOMY-EURO
 Euro Area’s Path to Growth Haunted by Post-
Pandemic Uncertainty
 The quarterly pace of economic contraction slowed
to a mere 0.2% in June, with a gauge measuring
private-sector activity rising to a four-month high.
Source:Bloomberg

12. ECONOMY-GOLD
 Gold Futures Fall From Eight-Year High on
Factory Data, Vaccine
 An early trial of an experimental vaccine from
Pfizer Inc. and BioNtech SE showed it’s safe and
prompted patients to produce antibodies
against the new virus.
 Meanwhile, a measure of U.S. manufacturing
jumped in June to the highest in more than a
year, signaling the resumption of growth as
pandemic-related lockdowns ended.
 Bullion posted its first loss in four sessions and
its biggest in almost a month, while U.S. equities
advanced.
Source:Bloomberg

13. COVID 19
 U.S. Cases Climb 1.7%; Trump Again Blames Testing: Virus Update
 Key Developments:
 Global Tracker: Cases top 11.1 million; Deaths over 527,000
 Americans aren’t much interested in going out and spending
 A thousand pork workers tested positive at JBS plant in Brazil
 Japan insists this time is different even as cases surge
 Low-income U.S. households suffer inflation shock from virus
Source:Bloomberg

14. COVID 19 UPDATE
 Highest Cases Reported in USA
Source:Bloomberg

15. NEWS – NEXT WEEK
 Fundamental News for the July 06 – July 10
 The next week will put high emphasis for the Australia and Canada only. Rest all the other currencies will give
medium to low impact.
 July 06 – US ISM non – manufacturing PMI data
 July 07 – Australia Interest rate decision
 July 08 – Euro Economic Forecasts
 July 09 – US Unemployment Claims
 July 10 – Canada Employment change and Unemployment Rate
USD PPI and core PPI data

16. TECHNICAL AALYSIS

17. WHAT CHART SAYS,THIS WEEK?
 We are presenting an analysis for Major Currency Crosses, Gold & Crude for the next coming week starting on
July 06, 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 week.
 Due to High volatility, keep your SL &TP to manage RISK:REWARD Ratio
 Trade Less…Trade On Perfect Levels….

18. WHAT DID CHART SAY, LAST WEEK?
CURRENCY TRADE ENTRY PRICE HIGH/LOW CLOSE MAX. PROFIT
GOLD
AUDUSD
Triggered But Didn’t Move!!!EURUSD
GBPUSD
USDCAD
USDJPY
TOTAL PROFIT IN PIPs

19. XAUUSD (H4 CHART)

20. XAUUSD WEEK FORECASTING
* Since Higher Time Frames are analysed,Trigger Prices are for PositionalTrades Only!
INDICATOR H4 CHART
TREND UPTREND
Moving Average (Period=75) ABOVE MA
RSI (Period=26) ABOVE RSI LEVEL 50
FIBONACCI PIVOT 1763.96
R1 1777.85 S1 1750.07
R2 1786.44 S2 1741.48
R3 1800.33 S3 1727.59
CONCLUSION
Buy Above 1784.09
Sell Below 1755.72

21. AUDUSD (H4 CHART)

22. AUDUSD WEEK FORECASTING
* Since Higher Time Frames are analysed,Trigger Prices are for PositionalTrades Only!
INDICATOR H4 CHART
TREND UPTREND
Moving Average (Period=75) ABOVE MA
RSI (Period=26) ABOVE RSI LEVEL 50
FIBONACCI PIVOT 0.68814
R1 0.69440 S1 0.68188
R2 0.69828 S2 0.67800
R3 0.70454 S3 0.67174
CONCLUSION
Buy Above 0.69871
Sell Below 0.68181

23. EURUSD (H4 CHART)

24. EURUSD WEEK FORECASTING
* Since Higher Time Frames are analysed,Trigger Prices are for PositionalTrades Only!
INDICATOR H4 CHART
TREND DOWNTREND
Moving Average (Period=75) BELOW MA
RSI (Period=26) BELOW RSI LEVEL 50
FIBONACCI PIVOT 1.12444
R1 1.13132 S1 1.11756
R2 1.13556 S2 1.11332
R3 1.14244 S3 1.10644
CONCLUSION
Buy Above 1.13610
Sell Below 1.11607

25. GBPUSD (H4 CHART)

26. GBPUSD WEEK FORECASTING
* Since Higher Time Frames are analysed,Trigger Prices are for PositionalTrades Only!
INDICATOR H4 CHART
TREND UPTREND
Moving Average (Period=75) ABOVE MA
RSI (Period=26) ABOVE RSI LEVEL 50
FIBONACCI PIVOT 1.23974
R1 1.24846 S1 1.23102
R2 1.25386 S2 1.22562
R3 1.26258 S3 1.21690
CONCLUSION
Buy Above 1.25544
Sell Below 1.22424

27. USDCAD (H4 CHART)

28. USDCAD WEEK FORECASTING
* Since Higher Time Frames are analysed,Trigger Prices are for PositionalTrades Only!
INDICATOR H4 CHART
TREND DOWNTREND
Moving Average (Period=75) BELOW MA
RSI (Period=26) BELOW RSI LEVEL 50
FIBONACCI PIVOT 1.36297
R1 1.37175 S1 1.35419
R2 1.37717 S2 1.34877
R3 1.38595 S3 1.33999
CONCLUSION
Buy Above 1.36918
Sell Below 1.34803

29. USDJPY (H4 CHART)

30. USDJPY WEEK FORECASTING
* Since Higher Time Frames are analysed,Trigger Prices are for PositionalTrades Only!
INDICATOR H4 CHART
TREND REVERSING UP TREND
Moving Average (Period=75) ABOVE MA
RSI (Period=26) ABOVE RSI LEVEL 50
FIBONACCI PIVOT 106.910
R1 107.437 S1 106.383
R2 107.763 S2 106.057
R3 108.29 S3 105.530
CONCLUSION
Buy Above 108.271
Sell Below 106.383

32. THANKS FORYOUR TIME!!