1. Economic Calendar
Time Currency News Impact Expectation
12:00 pm EUR ECB President Lagarde
Speech
Medium -
02:00 pm GBP BoE Cunliffe Speech Medium -
04:30 pm USD Wholesale Inventories
MoM Adv MAY
Medium 1.9%
04:30 pm USD Goods Trade Balance
Adv MAY
Medium $-122B
04:30 pm USD Retail Inventories Ex Autos
MoM Adv MAY
Medium 1.4%
05:00 pm USD S&P/Case-Shiller Home
Price YoY APR
Medium 21%

2. AUD/USD TREND: BEARISH
Technical Outlook:
On the daily chart, the AUD/USD pairs trades in a tight range of a 0.6910-0.6950 level. The formation
of a “Doji” candlestick indicates indecision among traders.
Indicators Daily chart Status
RSI 42 Bearish
STOCHASTIC 28 Bearish
MACD Below midline Bearish
200 EMA 0.7220 Bearish
Outlook BEARISH
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 0.6935 0.6905 0.6875 0.6965

3. NZD/USD TREND: BEARISH
Technical Outlook:
NZD/USD started the session on a higher note but failed to sustain the gain. It breaks below the
psychological 0.6300 level.
Indicators Daily chart Status
RSI 43 Bearish
STOCHASTIC 45 Bearish
MACD Below midline Bearish
200 EMA 0.6695 Bearish
Outlook BEARISH
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 0.6295 0.6265 0.6235 0.6325

4. EUR/USD TREND: NEUTRAL
Technical Outlook:
On the daily chart, the EUR/USD tested 1.0610 level in the previous session. However, it retreats
from the higher levels with a knack of bearish bias. A break below 1.0570 will bring more losses.
Indicators Daily chart Status
RSI 55 Bullish
STOCHASTIC 78 Bullish
MACD Below midline Bearish
200 EMA 1.0566 Bearish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 1.0570 1.0540 1.0510 1.0600
.

5. GBP/USD TREND: NEUTRAL
Technical Outlook:
GBP/USD remains stuck in a very narrow range with a mild bearish outlook for the day. The 1.2300 is
a critical hurdle for the spot.
Indicators Daily chart Status
RSI 45 Bearish
STOCHASTIC 58 Bullish
MACD Below midline Bearish
200 EMA 1.3034 Bearish
Outlook NEUTRAL
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL 1.2275 1.2245 1.2215 1.2305

6. USD/JPY TREND: BULLISH
Technical Outlook:
On the daily chart, the USD/JPY trades with modest losses. The pair plays near the 135.10-135.30
support level. A buying opportunity near mentioned zone.
Indicators Daily chart Status
RSI 61 Bullish
STOCHASTIC 73 Bullish
MACD Above midline Bullish
200 EMA 121.60 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY 135.25 135.55 135.85 134.95

7. USD/CAD TREND: NEUTRAL
Technical Outlook:
On the daily chart, the USD/CAD hovers near reliable support level of 1.2850. The pair retraced from
the 1.2910 level in the previous trading session.
Indicators Daily chart Status
RSI 51 Bullish
STOCHASTIC 45 Bearish
MACD Above midline Bullish
200 EMA 1.2706 Bullish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY 1.2950 1.2980 1.3010 1.2920

8. USD/CHF TREND: NEUTRAL
Technical Outlook:
USD/CHF establish familiar trading range with multiple “Doji” candlestick formation. We suggest
trades to apply strict stop loss while opening new position.
Indicators Daily chart Status
RSI 38 Bearish
STOCHASTIC 6 Bearish
MACD Below midline Bearish
200 EMA 0.9429 Bullish
Outlook NEUTRAL
Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY 0.9550 0.9580 0.9610 0.9520

9. GOLD TREND: BEARISH
Technical Outlook:
On the daily chart, the precious metal manages to hold $1,825 support level after recovering losses
in the previous session. The bias remains negative for the gold.
Indicators Daily chart Status
RSI 45 Bearish
STOCHASTIC 29 Bearish
MACD Below midline Bearish
200 EMA $1,853 Bearish
Outlook BEARISH
Strategy
Action Entry Target 1 Target 2 Stop Loss
SELL $1,830 $1,820 $1,810 $1,840
Alternative Strategy
Action Entry Target 1 Target 2 Stop Loss
BUY $1,840 $1,850 $1,860 $1,830