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1. WHAT CHART SAYS,THIS
WEEK?
(22 JUNE – 26 JUNE, 2020)

2. EYE ON FUNDAMENTALS (LAST WEEK)

3. ECONOMY-GLOBAL
 Wreckage of Global Economy Now
Looks Even Worse to IMF: Eco Week
 “Great Lockdown” caused by the
coronavirus would force a global
contraction of 3% this year.
Source:Bloomberg

4. ECONOMY-USA
 In the U.S., investors will be watching several
reports, including May new-home sales,
durable goods orders and personal
spending, to help them fine-tune their
second-quarter GDP estimates.
Source:Bloomberg

5. ECONOMY-USA
 JOBLESS CLAIM – Now New Normal
Source:Bloomberg

6. ECONOMY-USA
 Unemployment is still a point of worry….
Source:Bloomberg

7. ECONOMY-USA
 Retail Sales – UP…
 The 17.7% advance from the prior month,
to $485 billion in receipts, was the biggest gain
in data going back to 1992, following
unprecedented declines in the prior two months.
Source:Bloomberg

8. ECONOMY-EURO
 Banks Snap Up $1.5Trillion of ECB’s Cheap Loans
 An offer for its ultra-cheap, three-year loans was taken up by 742 banks for a total of 1.31 trillion euros
($1.5 trillion) onThursday.That’s in line with predictions of 1.2 trillion to 1.5 trillion euros.
 Demand Supply Matches….
Source:Bloomberg

9. ECONOMY-UK
 Bank of England Prepares Its Next Act in Saving of U.K. Economy
Source:Bloomberg

10. ECONOMY-GOLD
 Gold FuturesTrend ….BeWatchful for 2
Factors
 US Dollar
 For one, the US dollar could take a big hit as the
government continues to add to an unprecedented
budget deficit, the Fed piles on more trillions to its
balance sheet, and the U.S. relationship with
China turns increasingly adversarial.
 Second Wave of Covid 19
Source:Bloomberg

11. NEWS – NEXT WEEK
 June 22 – June 26
 Upcoming week will be less informative from the fundamental point of views.
 June 22 – Bank of Canada Governor Macklem’s speech
 June 23 – Euro Zone - Germany Manufacturing PMI and Services PMI
U.S. – Manufacturing PMI
 June 24 - New Zealand Interest Rate Decision
 June 25 – U.S. Durable Goods, Core Durable Goods and Final GDP, Unemployment Claims Weekly, bank stress test
results
 June 26 – U.S. Personal Income, Personal Spending, Revised UoM Consumer Sentiments

12. COVID 19 UPDATE
 Highest Cases Reported in Brazil
Source:Bloomberg

13. TECHNICAL AALYSIS

14. WHAT CHART SAYS,THIS WEEK?
 We are presenting an analysis for Major Currency Crosses, Gold & Crude for the next coming week starting on
June 22, 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….

15. WHAT DID CHART SAY, LAST WEEK?
CURRENCY TRADE ENTRY PRICE HIGH/LOW CLOSE MAX. PROFIT
GOLD
AUDUSD
EURUSD
GBPUSD Sell 1.24186 1.23434 1.23487 75.2
USDCAD
USDJPY
TOTAL PROFIT IN PIPs 75.2

16. XAUUSD (H4 CHART)

17. 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 1717.50
R1 1743.12 S1 1691.88
R2 1758.94 S2 1676.06
R3 1784.56 S3 1650.44
CONCLUSION
Buy Above 1756.87
Sell Below 1706.20

18. AUDUSD (H4 CHART)

19. AUDUSD 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 0.69107
R1 0.70117 S1 0.68097
R2 0.70742 S2 0.67472
R3 0.71752 S3 0.66462
CONCLUSION
Buy Above 0.70116
Sell Below 0.67719

20. EURUSD (H4 CHART)

21. 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 1.12980
R1 1.13782 S1 1.12178
R2 1.14277 S2 1.11683
R3 1.15079 S3 1.10881
CONCLUSION
Buy Above 1.13846
Sell Below 1.11456

22. GBPUSD (H4 CHART)

23. GBPUSD 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 1.26114
R1 1.27410 S1 1.24818
R2 1.28211 S2 1.24017
R3 1.29507 S3 1.22721
CONCLUSION
Buy Above 1.25544
Sell Below 1.22727

24. USDCAD (H4 CHART)

25. USDCAD 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 1.35214
R1 1.36554 S1 1.33874
R2 1.37383 S2 1.33045
R3 1.38723 S3 1.31705
CONCLUSION
Buy Above 1.36918
Sell Below 1.34531

26. USDJPY (H4 CHART)

27. USDJPY 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 107.866
R1 109.058 S1 106.674
R2 109.794 S2 105.938
R3 110.986 S3 104.746
CONCLUSION
Buy Above 107.947
Sell Below 106.427

28. SPECIALLY SCREENED FOR

29. THANKS FORYOUR TIME!!