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DAILY ANALYSIS REPORT JUNE 09 2021

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Time Frame

H1

Commentary : The Aussie remains volatile on Wednesday after Westpac Consumer Sentiment data came up with the negative numbers and comments from RBA Assistant Gov Kent. The pair made intraday high at $0.7744 and low at $0.7732 mark. A day chart and H1 chart with triple EMA confirm bullish trend for the time being but likely to give crossover for the bearish trend. Have to wait for few hours to see the trend of the parity. A sustained close above $0.7750 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7720 will check further supports.
IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RSI (Period=26)Above RSI LEVEL 50
FIBO Levels                                 PIVOT                                    –
R10.7750S10.7720
R20.7772S20.7702
R30.7799S30.7680
R40.7827S40.7650
BUYSELL
Trade IdeaTrade Idea
Buy Above : 0.7755Sell Below : 0.7720
– Take Profit : 0.7782– Take Profit : 0.7692
– Stop Loss : 0.7730– Stop Loss : 0.7748

Commentary : The euro moves in rigid boundaries and consolidates around $1.2190 mark. Today pair made intraday high at $1.2185 and low at $1.2171. Today triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A consistent close above $1.2199 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.2170 on H1 chart will check further supports. 
IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RSI (Period=26)Above RSI LEVEL 50
FIBO Levels                               PIVOT                                    –
R11.2199S11.2170
R21.2222S21.2150
R31.2248S31.2122
R41.2272S41.2080
BUYSELL
Trade IdeaTrade Idea
Buy Above : 1.2191 Sell Below : 1.2158
– Take Profit : 1.2218  – Take Profit : 1.2137
– Stop Loss : 1.2167  – Stop Loss : 1.2185

Commentary : The Sterling exhibits range bound movement and consolidates around $1.4150 mark. The pair made intraday high at $1.4168 and low at $1.4141 mark. A day chart and H1 chart with triple EMA suggest up trend for the time being. A sustained close above $1.4173 on H1 chart will check key resistances. Alternatively, a consistent close below $1.4138 will check further supports.
IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RSI (Period=26)Above RSI LEVEL 50
FIBO Levels                                  PIVOT                                     –
R11.4173S11.4138
R21.4190S21.4110
R31.4224S31.4078
R41.4248S41.4040
BUYSELL
  
Buy Above : 1.4173Sell Below : 1.4127
– Take Profit : 1.4198  – Take Profit : 1.4094
– Stop Loss : 1.4151  – Stop Loss : 1.4165

Commentary :
IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RSI (Period=26)Above RSI LEVEL 50
FIBO Levels                                 PIVOT                                    –
R11.2121S11.2090
R21.2148S21.2070
R31.2176S31.2038
R41.2222S41.2000
BUYSELL
Trade IdeaTrade Idea
Buy Above : 1.2118Sell Below : 1.2090
– Take Profit : 1.2142  – Take Profit : 1.2068
– Stop Loss : 1.2101  – Stop Loss : 1.21111

Commentary : The Japanese yen trades almost flat on Wednesday and stabilizes around 109.50 mark. The pair made intraday high at 109.51 and low at 109.40 mark. The triple EMA on a day chart is up but H1 chart suggests bearish trend for the time being. A sustained close above 109.61 on H1 chart requires for the upside rally. Alternatively, a consistent close below 109.30 on H1 will check further key supports.
IndicatorsH1
TrendsDown Trend
Moving Average (Period=75)Below MA
RSI (Period=26)Below RSI LEVEL 50
FIBO Levels                                 PIVOT                                     –
R1109.61S1109.30
R2109.85S2108.99
R3110.32S3108.76
R4110.78S4108.38
BUYSELL
Trade IdeaTrade Idea
Buy Above : 109.52Sell Below : 109.18
– Take Profit : 109.76  – Take Profit : 108.95
– Stop Loss : 109.28  – Stop Loss : 109.48

Commentary : Gold trades almost flat on Wednesday and stabilizes above $1,890 mark. Today U.S. Calendar is empty too. The pair made intraday high at $1,896 and low $1,891 mark. A day chart and H1 chart with triple EMA confirms bullish trend for the time being. A sustained close above $1,897 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,887 will check further supports. 
IndicatorsH1
TrendsUp Trend
Moving Average (Period=75)Above MA
RSI (Period=26)Above RSI LEVEL 50
FIBO Levels                                   PIVOT                                     –
R11904S11887
R21909S21881
R31916S31874
R41922S41868
BUYSELL
Trade IdeaTrade Idea
Buy Above : 1897Sell Below : 1890
– Take Profit : 1904  – Take Profit : 1884
– Stop Loss : 1890  – Stop Loss : 1896

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Risk Warning: 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 St. Vincent and the Grenadines with Number 25274 BC 2019. Registered office: Suite 305, Griffith Corporate Centre, Beachmont, P.O.Box 1510, Kingstown Saint Vincent and the Grenadines

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