DAILY ANALYSIS REPORT JUNE 30 2021

+1 7754 366 970
analysis@tpglobalfx.com
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30 June, 2021
Daily Analysis Report

+1 7754 366 970
Asian Bulle n: Japanese yen strengthens despite lower than expected Prelim Industrial produc on Results, Asian stock markets in green, gold hovers around $1,760 mark
Key Headlines:
• U.K. BRC shop price index stands at -0.7 pct vs -0.6 pct previous release.
• Japan prelim Industrial Produc on stands at -5.9 pct vs 2.9 pct previous release (expected -2.1).
• China manufacturing PMI stands at 50.9 vs 51.0 previous release.
• China Non - manufacturing PMI stands at 53.5 vs 55.2 previous release.
• New Zealand Final ANZ Business Confidence stands at -0.6 pct vs -0.4 pct previous release.
• Nasdaq closed at record high on Tuesday – Reuters.
• Cuba begins coronavirus vaccine trials on children – Reuters.
• U.S. dona ng 2 million COVID-19 vaccines to Peru - State Dept.
• France President Emmanuel Macron on Tuesday announced a 7 billion euros ($8.33 billion) public funding plan to invest in healthcare as France aims to
improve its health system a er the COVID-19 pandemic put hospitals under pressure – Reuters.
• ECB's President Lagarde - The pandemic could accelerate labor produc vity growth by around 1% a year by 2024 – more than double the rate achieved a er
the great financial crisis.
• ECB's President Lagarde - Compensa on of employees fell by 3.5% in 2020 compared with 2019, but household real disposable income only declined by 0.3%
– mainly because government transfers compensated for the loss of income.
• Fed's Kashkari - The U.S. economy remains in a "deep hole".
• Fed's Kashkari - I do not wish to prematurely cut off the recovery.
• Fed’s Christopher Waller - The U.S. central bank may need to start dialing down its massive asset purchase program as soon as this year to allow the op on of
raising interest rates by late next year.
• Sudan received approval from the IMF on Tuesday for relief on more than $56 billion in debt and new IMF funding of $2.5 billion over three years – Inves ng.
Economic Data Ahead:
• (0600 GMT/1130 IST) U.K. Current account, previous -26.3B, expected -13.9B.
• (0600 GMT/1130 IST) U.K. Final GDP, previous -1.5, expected -1.5.
• (0645 GMT/1215 IST) France Consumer Spending, previous -8.3, expected 7.4.
• (0645 GMT/1215 IST) France Prelim CPI, previous 0.3, expected 0.2.
• (0700 GMT/1230 IST) Swiss KOF Economic Barometer, previous 143.2, expected 144.9.
• (0755 GMT/1325 IST) German Employment Change, previous -15K, expected -20K.
• (0900 GMT/1430 IST) Euro CPI Flash es mates, previous 2.0, expected 1.9.
• (0900 GMT/1430 IST) Euro Core CPI Flash es mates, previous 1.0, expected 0.9.
• (1215 GMT/1745 IST) U.S. ADP Job results, previous 978K, expected 555K.
• (1230 GMT/1800 IST) Canada GDP, previous 1.1, expected -0.8.
• (1345 GMT/1915 IST) U.S. Chicago PMI, previous 75.2, expected 70.2.
• (1400 GMT/1930 IST) U.S. Pending Home Sales, Previous -4.4, expected -1.1.
Economic Events Ahead:
• (1200 GMT/1730 IST) U.S. FOMC member Bos c Speaks.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.02% to 92.07 points.

AUD / USD
BUY SELL
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JUNE,
2
021
Technical Summary
Trend Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
0.7540
R2 S2
0.7575
R3 S3
0.7600
R4
Commentary
S4
0.7622
Buy Above 0.7532
0.7555
0.7507
– Take Profit
– Stop Loss
Trade Idea
Sell Below 0.7502
0.7480
0.7527
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
-
Time Frame: H1
AUD/USD: The Aussie weakens gradually against U.S. dollar in the absence of any key economic
indicators. The pair made intraday high at $0.7570 and low at $0.7552 mark. A day chart and H1
chart with triple EMA suggests bearish trend for the time being. A sustained close above $0.7575
on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7540 will check
further supports.
0.7502
0.7472
0.7458
0.7427

BUY SELL
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Technical Summary H 1
FIBO Levels PIVOT
R1 S1
1.1922
R2 S2
1.1947
R3 S3
1.1970
R4
Commentary
S4
1.2005
+1 7754 366 970
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Time Frame: H1
EUR/USD: The euro slightly recovers from previous losses and remains well supported above
$1.1900 mark. Today pair made intraday high at $1.1907 and low at $1.1894. Today triple EMA on
a day chart and H1 chart is bearish for the time being. Today’s economic calendar is full of
indicators, which may provide further directions to the parity. A consistent close above $1.1922 on
H1 chart requires for the upside rally. Alternatively, a sustained close below $1.1882 on H1 chart
will check further supports.
EUR / USD
1.1880
1.1848
1.1822
1.1797
Buy Above 1.1921
1.1942
1.1893
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.1890
1.1874
1.1915
– Take Profit
– Stop Loss
Trade Idea
Trends Up Trend
JUNE,
2
021

BUY SELL
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Technical Summary
H 1
FIBO Levels PIVOT
R1 S1
1.3878
R2 S2
1.3902
R3 S3
1.3927
R4
Commentary
S4
1.3976
Buy Above 1.3865
1.3890
1.3836
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.3827
1.3801
1.3855
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
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Time Frame: H1
GBP/USD: The Sterling appreciates in early Asia ahead of Final GDP and Current Account data.
The pair made intraday high at $1.3860 and low at $1.3829 mark. A day chart and H1 chart with
triple EMA suggests bearish trend for the time being. A sustained close above $1.3878 on H1
chart will check key resistances. Alternatively, a consistent close below $1.3821 will check further
supports.
USD
1.3837
1.3821
1.3802
1.3781
GBP/
Trends Up Trend
JUNE,
2
021

BUY SELL
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Technical Summary
Trends Up Trend
H 1
FIBO Levels PIVOT
R1 S1
1.2417
R2 S2
1.2440
R3 S3
1.2472
R4
Commentary
S4
1.2497
Buy Above 1.2415
1.2437
1.2390
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2381
1.2360
1.2410
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
-
Time Frame: H1
USD/CAD: The Canadian dollar trades ﬂat on Wednesday ahead of Canada’s GDP results. Today
pair made intraday high at 1.2404 and low at 1.2390 mark. Today a day chart and H1 chart with
triple EMA suggests up trend for the time being. A sustained close above 1.2417 on H1 chart
requires for the upside rally. Alternatively, a consistent close below 1.2368 on H1 chart will check
key supports too.
USD /CAD
1.2368
1.2340
1.2320
1.2294
JUNE,
2
021

BUY SELL
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Technical Summary
Trend Down Trend
Moving Average (Period=75) Below MA
H 1
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
110.70
R2 S2
110.94
R3 S3
111.21
R4
Commentary
S4
111.64
Buy Above 110.65
110.90
110.42
– Take Profit
– Stop Loss
Trade Idea
Sell Below 110.37
110.15
110.61
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
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Time Frame: H1
USD/JPY: The Japanese yen trades marginally higher despite lower than expected Prelim
Industrial Production data and trading around 110.50 mark. The pair made intraday high at 110.59
and low at 110.44 mark. The triple EMA on a day chart is up but H1 chart suggests bearish trend
for the time being. A sustained close above 110.70 on H1 chart requires for the upside rally.
Alternatively, a consistent close below 110.28 on H1 will check further key supports.
USD /JPY
110.28
110.00
109.71
109.47
JUNE,
2
021

BUY SELL
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Technical Summary
Trends Up Trend
H 1
FIBO Levels PIVOT
R1 S1
1768
R2 S2
1772
R3 S3
1778
R4
Commentary
S4
1884
Buy Above 1768
1774
1761
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1756
1751
1761
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
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Time Frame: H1
XAU/USD (GOLD): Gold weakens sharply in previous session and touched $1,750 mark in early
Asia. Today pair made intraday high at $1,764 and low $1,759 mark. A day chart and H1 chart
with triple EMA suggests bearish trend for the time being. A sustained close above $1,768 on H1
chart requires for the upside rally. Alternatively, a consistent close below $1,754 will check further
supports.
XAU [GOLD]
USD
/
1747
1741
1737
1732
JUNE,
2
021

Thank
you!
Info@tpglobalfx.com
www.tpglobalfx.com
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DAILY ANALYSIS REPORT JUNE 30 2021

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DAILY ANALYSIS REPORT JUNE 30 2021