Daily Analysis Report
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03 August, 2020

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Asian Bulle n: Japanese yen falls in early Asia a er prelim GDP, final manufacturing PMI data; Asian stock markets mixed; gold creates new record high at $1,986 mark in
opening hours
Asian Headlines:
• Australia AIG manufacturing Index stands at 53.5 vs 51.5 previous release.
• Japan prelim GDP stands at -0.6 vs -0.6 pct previous release (expected -0.7).
• Japan final manufacturing PMI stands at 45.2 vs 42.6 previous release (expected 42.6).
• Australia MI infla on gauge stands at 0.9 pct vs 0.6 pct previous release.
• China Caixin manufacturing PMI stands at 52.8 vs 51.2 previous release (expected 51.1).
Economic Data Ahead:
• (0230 ET/0630 GMT) Swiss CPI m/m, previous 0.0 pct, expected -0.4 pct.
• (0315 ET/0715 GMT) Spain manufacturing PMI, previous 49.0, expected 52.6.
• (0330 ET/0730 GMT) Swiss manufacturing PMI, previous 41.9, expected 50.0.
• (0345 ET/0745 GMT) Italy manufacturing PMI, previous 47.5, expected 51.3.
• (0350 ET/0750 GMT) France final manufacturing PMI, previous 52.0, expected 52.0.
• (0355 ET/0755 GMT) German final manufacturing PMI, previous 50.0, expected 50.0.
• (0400 ET/0800 GMT) Euro final manufacturing PMI, previous 51.1, expected 51.1.
• (0430 ET/0830 GMT) U.K. final manufacturing PMI, previous 53.6, expected 53.6.
• (0945 ET/1345 GMT) U.S. final manufacturing PMI, previous 51.3, expected 51.3.
• (1000 ET/1400 GMT) U.S. ISM manufacturing PMI, previous 52.6, expected 53.6.
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 0.09% to 93.44.
USD/JPY: The Japanese yen trades marginally lower despite robust manufacturing PMI data and stabilizes above 105.50 mark. A sustained close above 105.85 will take
the parity higher towards key resistance around 106.10, 106.90, 107.92, 108.22, 108.54, 109.20 and 109.72 mark respec vely. On the other side, a consistent close below
104.72 will drag the parity down towards 104.20, 103.50 and 102.98 marks respec vely.
AUD/USD: The Aussie remains almost unchanged a er AIG manufacturing PMI data. The pair made intraday high at $0.7149 and low at $0.7118 marks. On the top side
key resistances are seen at $0.7193, $0.7247, $0.7286 and $0.7344 mark respec vely. On the other hand, a consistent close below $0.7139 will take the parity down
towards key supports around $0.7082, $0.7040, $0.6969, $0.6922, $0.6861, $0.6833 and $0.6799 mark respec vely.
NZD/USD: The kiwi fails to find support above $0.6700 mark against U.S. dollar. Pair made intraday high at $0.6639 and low at $0.6613 mark. Key resistances are seen at
$0.6715, $0.6766, $0.6782 and $0.6824 mark respec vely. Alterna vely, a consistent close below $0.6625 will drag the parity down towards key supports around
$0.6576, $0.6530, $0.6499, $0.6476, $0.6420, $0.6380, $0.6356, $0.6289, $0.6240 mark respec vely.
USD/INR: The Indian rupee moves in rigid boundaries against U.S. dollar and hovers around 74.75 mark. The pair made intraday high at 74.82 and low at 74.72. A
sustained close below 74.37 marks will drag the parity down towards 74.00, 73.76, 73.50, 73.42 and 73.26 mark respec vely. On the top side key resistances are seen at
74.84, 75.12, 75.39, 75.52, 75.65, 76.24, 76.48 and 76.88 marks respec vely.
EUR/USD: The euro erases previous gain against U.S. dollar and slips back below $1.18 mark. The pair made intraday high at $1.1796 and low at $1.1740 mark. A
sustained close above $1.1846 tests key resistances at $1.1909, $1.1948, $1.1976 and $1.1999 mark respec vely. On the other side, a sustained close below $1.1775 will
target key supports around $1.1715, $1.1654, $1.1590, $1.1540 and $1.1526 marks respec vely.
GBP/USD: The pound trades marginally higher against U.S. dollar and hovers around $1.31 mark. A sustained close above $1.3094 will drag the parity up towards
$1.3155, $1.3176 and $1.3212 mark respec vely. Key support levels are seen at $1.3022, $1.2950, $1.2838, $1.2775, $1.2717, $1.2661, $1.2510, $1.2457 and $1.2422
mark respec vely.
Commodity Trend:
XAU/USD (GOLD): Gold touches $1,986 mark in opening hours. Today pair made intraday high at $1,986 and low at $1,960 mark. A sustained close above $1,975 requires
for the upside rally. Alterna vely, reversal from key resistance will take the parity down towards key supports around $1,956, $1,947, $1,942, $1,931, $1,912, $1,907,
$1,881 and $1,862 mark respec vely. Key resistances are seen at $1,994, $1,999, $2,005, $2,013 and $2,027 mark respec vely.
XAG/USD (Silver): Silver trades flat at $24.40 mark but remains slightly vola le in opening hours. A sustained close above $24.60 requires for upside rally. Key support
levels are seen at $23.48, $23.24, $22.72, $22.38, $21.90, $21.50, $21.30 and $20.50 marks respec vely. Key resistances are seen at $25.11, $25.44, $25.62, $26.20,
$26.48 and $26.72 marks respec vely.

AUD / USD
REPORTFROM:TPGLOBALFXAUGUST,2020
Time Frame: H1
INDICATORS
Trends Down Trend
Moving Average (Period=75) Below MA
H 1
RIS (Period=26) Below RIS LEVEL 50
FIBO Levels PIVOT
R1 0.72028 S1 0.71312
Buy Above 0.71726
0.71900
0.71161
0.71161
0.70953
0.71726
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 0.72250 S2 0.71090
R3 0.72608 S3 0.70732
R4 0.73188 S4 0.70152
Conclusion
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0.71670

EUR / USD
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Time Frame: H1
INDICATORS
Trends Down Trend
Moving Average (Period=75) Below MA
H 1
RIS (Period=26) Below RIS LEVEL 50
FIBO Levels PIVOT
R1 1.18698 S1 1.17572
Buy Above 1.18273
1.18613
1.17326
1.17326
1.16902
1.18273
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.19046 S2 1.17224
R3 1.19609 S3 1.16661
R4 1.20520 S4 1.15750
Conclusion
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1.18135
AUGUST,2020

GBP / USD
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Time Frame: H1
INDICATORS
Trends Reversing Up Trend
Moving Average (Period=75) Above MA
H 1
RIS (Period=26) Above RIS LEVEL 50
FIBO Levels PIVOT
R1 1.31454 S1 1.30692
Buy Above 1.31423
1.31764
1.30368
1.30368
1.29887
1.31423
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.31690 S2 1.30456
R3 1.32071 S3 1.30075
R4 1.32688 S4 1.29458
Conclusion
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1.31073
AUGUST,2020

USD /CAD
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Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1.34338 S1 1.33832
Buy Above 1.34381
1.34559
1.33707
1.33707
1.33458
1.34381
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1.34493 S2 1.33677
R3 1.34746 S3 1.33424
R4 1.35154 S4 1.33016
Conclusion
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1.34085
Trend Neutral Down Trend
Moving Average (Period=75) Above MA
RIS (Period=26) Above RIS LEVEL 50
AUGUST,2020

USD /JPY
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Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 106.099 S1 104.673
Buy Above 106.252
106.584
104.918
104.918
104.527
106.252
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 106.540 S2 104.232
R3 107.253 S3 103.519
R4 108.407 S4 102.365
Conclusion
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105.386
Trends Up Trend
Moving Average (Period=75) Above MA
RIS (Period=26) Above RIS LEVEL 50
AUGUST,2020

XAU / [GOLD]USD
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Time Frame: H1
INDICATORS H 1
FIBO Levels PIVOT
R1 1981.61 S1 1960.29
Buy Above 1981.06
1993.30
1955.74
1955.74
1945.61
1981.06
– Take Profit
– Stop Loss
Sell Below
– Take Profit
– Stop Loss
R2 1988.20 S2 1953.70
R3 1998.86 S3 1943.04
R4 S4 1925.79
Conclusion
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1970.95
Trends Up Trend
Moving Average (Period=75) Above MA
RIS (Period=26) Above RIS LEVEL 50
2016.11
AUGUST,2020

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