Daily Analysis Report

R E P O R T F R O M : T P G LO B A L F X
25 June, 2020

+1 7754 366 970

analysis@tpglobalfx.com
Asian Bulle n: Japanese yen trades marginally lower against U.S. dollar and stabilizes above 107.00 mark; Asian markets extremely down; gold hovers
around $1,760 mark
Asian Headlines:
• New Zealand trade balance stands at 1253M vs 1339M previous released (expected 1279M).
• Japan all industry ac vity m/m stands at -6.4 pct vs -3.4 pct previous released (expected -6.5).
Economic Data Ahead:

• (0200 ET/0600 GMT) German GFK consumer climate, previous -18.9, expected -11.7.
• (0600 ET/1000 GMT) U.K CBI realized sales, previous -50, expected -37.
• (0830 ET/1230 GMT) U.S. durable goods, previous -17.7, expected 10.3.
• (0830 ET/1230 GMT) U.S. core durable goods, previous -7.7, expected 2.1.
• (0830 ET/1230 GMT) U.S. final GDP, previous -5.0, expected -5.0.
Economic Events Ahead:
• No key events scheduled for the day.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.17% to 97.32.
USD/JPY: The Japanese yen trades marginally lower in early Asia and stabilizes above 107.20 mark. A sustained close above 107.33 will take the parity
higher towards key resistance around 107.87, 108, 22, 108.54, 109.20 and 109.72 mark respec vely. On the other side, a consistent close below
107.04 will drag the parity down towards 106.51, 106.22, 105.98 and 104.20 marks respec vely.

AUD/USD: The Aussie trades flat against U.S. dollar and slips back below $0.6900 mark in early Asia. The pair made intraday high at $0.6874 and low at
$0.6850 marks. On the top side key resistances are seen at $0.6976, $0.7002, $0.7040 and $0.7066 mark respec vely. On the other hand, a consistent
close below $0.6867 will take the parity down towards key supports around $0.6833, $0.6799, $0.6760, $0.6722 and $0.6698 mark respec vely.

NZD/USD: The kiwi trade moreover flat against U.S. dollar and remains well supported above $0.6400 mark. Pair made intraday high at $0.6424 and
low at $0.6399 mark. Key resistances are seen at $0.6478, $0.6528, $0.6597, $0.6620 and $0.6665 mark respec vely. Alterna vely, a consistent close
below $0.6405 will drag the parity down towards key supports around $0.6380, $0.6356, $0.6289, $0.6240 mark respec vely.

USD/INR: The Indian rupee rises gradually against U.S. dollar and hovers around 75.50 mark. The pair made intraday high at 75.53 and low at 75.41. A
sustained close below 75.43 marks will drag the parity down towards 75.12, 74.48, 74.12 and 73.99 mark. On the top side key resistances are seen at
75.52, 75.65, 76.24, 76.48 and 76.88 marks respec vely.

EUR/USD: The euro falls no ceably against U.S. dollar and slips back below $1.1250 mark. Today pair made intraday high at $1.1259 and low at
$1.1240 mark. A sustained close above $1.1250 tests key resistances at $1.1322, $1.1372, $1.1422, $1.1448 and $1.1476 mark respec vely. On the
other side, a sustained close below $1.1250 will target key supports around $1.1220, $1.1157, $1.1134 and $1.1067 marks respec vely.

GBP/USD: The pound trades flat against U.S. dollar and consolidates around $1.2423 mark. A sustained close above $1.2417 will drag the parity up
towards $1.2477, $1.2567, $1.2676, $1.2722, $1.2777, $1.2803 and $1.2849 mark respec vely. Key support levels are seen at $1.2423, $1.2370,
$1.2335, $1.2310, $1.2282 and $1.2204 mark respec vely.

Commodity Trend:

XAU/USD (GOLD): Gold remains highly vola le on yesterday’s trading session and touched high of $1,779 mark and closed the day around $1,761
mark. Today in early Asia, gold is trading in s ff boundaries and hovers around $1,760 mark. Pair made intraday high at $1,766 and low at $1,754
mark. A sustained close above $1,767 requires for the upside rally. Alterna vely, reversal from key resistance will take the parity down towards key
supports around $1,748, $1,740, $1,732, $1,722, $1,718, $1,708, $1,702, $1,692 and $1,685 mark respec vely. Key resistances are seen at $1,779,
$1,792, $1,796, $1,803 and $1,811 mark respec vely.

XAG/USD (Silver): Just like gold, silver too remained extremely vola le yesterday. Today Silver trades marginally higher against U.S. dollar. A sustained
close above $17.49 requires for upside rally. Key support levels are seen at $17.40, $17.22, $17.09 and $16.98 marks respec vely. Key resistances are
seen at $17.70, $17.94, $18.02, $18.10, $18.16 and $18.38 marks respec vely.

+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

AUD / USD Time Frame: H1

I N D I C ATO R S H1

Trends Down Trend

Moving Average (Period=75) Below MA

RIS (Period=26) Below RIS LEVEL 50

FIBO Levels PIVOT 0.68972

R1 0.69351 S1 0.68593

R2 0.69585 S2 0.68359

R3 0.69964 S3 0.67980

R4 0.70577 S4 0.67367

Conclusion

Buy Above 0.69158

JUNE, 2020

– Take Profit 0.69320

– Stop Loss 0.68472

Sell Below 0.68472

– Take Profit 0.68277

– Stop Loss 0.69158

+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

EUR / USD Time Frame: H1

I N D I C ATO R S H1

Trends Down Trend

Moving Average (Period=75) Below MA

RIS (Period=26) Below RIS LEVEL 50

FIBO Levels PIVOT 1.12869

R1 1.13100 S1 1.12638

R2 1.13243 S2 1.12495

R3 1.13474 S3 1.12264

R4 1.13848 S4 1.11890

Conclusion

Buy Above 1.12869

JUNE, 2020

– Take Profit 1.13078

– Stop Loss 1.12322

Sell Below 1.12322

– Take Profit 1.12078

– Stop Loss 1.12869

+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

GBP / USD Time Frame: H1

I N D I C ATO R S H1

Trends Down Trend

Moving Average (Period=75) Below MA

RIS (Period=26) Below RIS LEVEL 50

FIBO Levels PIVOT 1.24577

R1 1.25068 S1 1.24086

R2 1.25371 S2 1.23783

R3 1.25862 S3 1.23292

R4 1.26656 S4 1.22498

Conclusion

Buy Above 1.24677

JUNE, 2020

– Take Profit 1.24933

– Stop Loss 1.23907

Sell Below 1.23907

– Take Profit 1.23721

– Stop Loss 1.24677

+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

USD / CAD Time Frame: H1

I N D I C ATO R S H1

Trend Up Trend

Moving Average (Period=75 Above MA

RIS (Period=26 Above RIS LEVEL 50

FIBO Levels PIVOT 1.35631

R1 1.35894 S1 1.35368

R2 1.36056 S2 1.35206

R3 1.36319 S3 1.34943

R4 1.36744 S4 1.34518

Conclusion

Buy Above 1.36582

JUNE, 2020

– Take Profit 1.36725

– Stop Loss 1.35679

Sell Below 1.35679

– Take Profit 1.35376

– Stop Loss 1.36582

+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

USD / JPY Time Frame: H1

I N D I C ATO R S H1

Trends Up Trend

Moving Average (Period=75) Above MA

RIS (Period=26) Above RIS LEVEL 50

FIBO Levels PIVOT 106.827

R1 107.089 S1 106.565

R2 107.251 S2 106.403

R3 107.513 S3 106.141

R4 107.937 S4 105.717

Conclusion

Buy Above 107.309

JUNE, 2020

– Take Profit 107.495

– Stop Loss 106.744

Sell Below 106.744

– Take Profit 106.561

– Stop Loss 107.309

+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

XAU / USD [GOLD] Time Frame: H1

I N D I C ATO R S H1

Trends Up Trend

Moving Average (Period=75) Above MA

RIS (Period=26) Above RIS LEVEL 50

FIBO Levels PIVOT 1765.86

R1 1773.65 S1 1758.07

R2 1778.46 S2 1733.20

R3 1786.15 S3 1745.47

R4 1798.85 S4 1732.87

Conclusion

Buy Above 1770.60

JUNE, 2020

– Take Profit 1774.49

– Stop Loss 1753.39

Sell Below 1753.39

– Take Profit 1748.90

– Stop Loss 1770.60

+1 7754 366 970

analysis@tpglobalfx.com
REPORT FROM: TP GLOBAL FX

Thank
you!
Info@tpglobalfx.com
www.tpglobalfx.com

/tpglobalfx /tpglobalfx /tpglobalfx /tpglobalfx

Disclamer:
Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note
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.