Daily Analysis Report

1. Economic Calendar
Time Currency News Impact Expectation
03:01 am GBP RICS House Price
Balance MAY
Medium 81.2%
03:45 am EUR ECB Interest Rate Decision High 0%
03:45 am EUR Deposit Facility Rate Medium -0.5%
04:30 pm USD Initial Jobless Claims 04/JUN High 205K
07:00 pm CAD BoC Gov Macklem Speech High -
07:00 pm CAD BoC Gov Rogers Speech High -

2. AUD/USD TREND: NEUTRAL
Technical Outlook:
On the daily chart AUD/USD remains pressured below the 200-day EMA near 0.7200 with no clear
directional bias.
Indicators Daily chart Status
RSI 52 Bullish
STOCHASTIC 58 Bullish
MACD Above midline Bullish
200 EMA 0.7263 Bearish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 0.7180 0.7150 0.7120 0.7210

3. NZD/USD TREND: BEARISH
Technical Outlook:
The NZD/USD continuous to fall for the fourth straight session on Thurday. The spot faces upside
resistance near 0.6500.
Indicators Daily chart Status
RSI 46 Bearish
STOCHASTIC 34 Bearish
MACD Below midline Bearish
200 EMA 0.6754 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 0.6450 0.6420 0.6390 0.6480

4. EUR/USD TREND: NEUTRAL
Technical Outlook:
On the daily chart, EUR/USD manages to break away 1.0700 phycological level with strong buying
momentum.
Indicators Daily chart Status
RSI 54 Bullish
STOCHASTIC 75 Bullish
MACD Above midline Bullish
200 EMA 1.1135 Bearish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY 1.0730 1.0760 1.0790 1.0700
.

5. GBP/USD TREND: BEARISH
Technical Outlook:
GBP/USD trades lower with negative bias. The price consolidates near 1.2530. A sell on rise
opportunity for traders with strict stop loss.
Indicators Daily chart Status
RSI 48 Bearish
STOCHASTIC 45 Bearish
MACD Below midline Bearish
200 EMA 1.3154 Bearish
Outlook BEARISH
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 1.2530 1.2500 1.2470 1.2560

6. USD/JPY TREND: BULLISH
Technical Outlook:
On the daily Chart USD/JPY took a breather near the 20 years high of 134.50. Some profit booking
could be expected in the spot.
Indicators Daily chart Status
RSI 74 Bullish
STOCHASTIC 93 Bullish
MACD Above midline Bullish
200 EMA 119.59 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 134.10 133.80 133.50 134.40

7. USD/CAD TREND: BEARISH
Technical Outlook:
USD/CAD defends Tuesday’s low of 1.2522 and manages gains near 1.2560. However, the pressure
remains intact around 1.2600.
Indicators Daily chart Status
RSI 37 Bearish
STOCHASTIC 11 Bearish
MACD Below midline Bearish
200 EMA 1.2673 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY 1.2665 1.2635 1.2605 1.2695

8. USD/CHF TREND: NEUTRAL
Technical Outlook:
USD/CHF retreats from the high of 0.9190 with a neutral bias. The spot could not move beyond
0.9800, with signifies resistance at the mentioned level.
Indicators Daily chart Status
RSI 54 Bullish
STOCHASTIC 77 Bullish
MACD Below midline Bearish
200 EMA 0.9382 Bullish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 0.9780 0.9750 0.9730 0.9810

9. GOLD TREND: NEUTRAL
Technical Outlook:
On the daily chart, XAU/USD continuous to exhibit the familiar trading range. It hovers near the
support level with neutral bias.
Indicators Daily chart Status
RSI 48 Bearish
STOCHASTIC 57 Bullish
MACD Below midline Bearish
200 EMA $1,856 Bearish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY $1,850 $1,860 $1,870 $1,840