The document provides technical analysis and trading strategies for several currency pairs and gold. It analyzes indicators like RSI, Stochastic, MACD and EMAs to determine trends and potential entry and exit points. Most currency pairs are assessed to be in a bearish trend except for USD/JPY and USD/CHF which are bullish. Gold is assessed to be in a neutral trend. Corresponding buy and sell signals and price targets are provided based on the technical analysis for each asset.

1. Economic Calendar
Time Currency News Impact Expectation
03:01 am GBP BRC Retail Sales
Monitor YoY APR
Medium -0.1%
05:30 am AUD NAB Business
Confidence APR
High 12
01:00 pm EUR ZEW Economic
Sentiment Index
MAY
Medium -
04:30 pm USA FED Bostic Speech Medium -
06:00 am USD IBD/TIPP Economic
Optimism May
Medium 47

2. AUD/USD TREND: Bearish
Technical Outlook:
AUD/USD remains under pressure and makes new low of 0.6911, placed on the border of break of
0.6900 mark. An immediate bounce back from lower level has been observed in the recent trading
hours. However the pair is looking bearish and may reach to the next target of 0.6800 level.
Indicators Daily chart Status
RSI 31.61 Bearish
STOCHASTIC 7.36 Bearish
MACD Below midline Bearish
200 EMA 0.7290 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 0.6960 0.6930 0.6900 0.6990

3. NZD/USD TREND: Bearish
Technical Outlook:
NZD/USD is looking weaker on broader note. A slight rebound observed in the pair near 0.6284 level.
The simple moving average 8-days and 24-days are scaling lower which indicates more bearish
momentum.
Indicators Daily chart Status
RSI 25.80 Bearish
STOCHASTIC 8.92 Bearish
MACD Below midline Bearish
200 EMA 0.6823 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 0.6320 0.6290 0.6260 0.6350

4. EUR/USD TREND: Bearish
Technical Outlook:
EUR/USD unlock the new day on a flat note but with a positive biasness. A sideways consolidation
since last two weeks noticed, which signal indecisive move in the spot. However, it manages to stay
above a strong support of 1.0470 respectively.
Indicators Daily chart Status
RSI 33.98 Bearish
STOCHASTIC 13.30 Bearish
MACD Below mid line Bearish
200 EMA 1.1278 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 1.0580 1.0610 1.0640 1.0550
.

5. GBP/USD TREND: Bearish
Technical Outlook:
GBP/USD begins the day with neutral sentiment. In the early Asian session, it trades around 1.2367
with positivity in price action. The momentum indicator RSI is trading with positive crossover and
hints to provide corrective pull back in short term.
Indicators Daily chart Status
RSI 30.51 Bearish
STOCHASTIC 13.66 Bearish
MACD Below midline Bearish
200 EMA 1.3316 Bearish
Outlook Bearish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Sell 1.2370 1.2300 1.2270 1.2400

6. USD/JPY TREND: Bullish
Technical Outlook:
USD/JPY trades with less volatility since last week, and remains stable around 130.20. The upside
seems to be get capped near 131.25. A strong support from 10-days and 24-days simple moving
average would remain the pair upward.
Indicators Daily chart Status
RSI 67.09 Bullish
STOCHASTIC 76.98 Bullish
MACD Above midline Bullish
200 EMA 117.20 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 130.50 130.80 131.10 130.20

7. USD/CAD TREND: Bullish
Technical Outlook:
On the daily chart, a minor correction could be seen in the pair as heavy selling pressure exists near
1.3040. The bulls tested the upper resistance and unable to sustain above 1.3030 resulted in profit
booking. The pair may enter into correction phase in today’s trading session.
Indicators Daily chart Status
RSI 67.59 Bullish
STOCHASTIC 91.82 Bullish
MACD Above midline Bullish
200 EMA 1.2664 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 1.3005 1.3035 1.3065 1.2975

8. USD/CHF TREND: Bullish
Technical Outlook:
In today’s session, USD/CHF opens with negative biasness as it get repulsion from higher levels of
0.9970. Currently, bears are active from mentioned levels and weakens the momentum of bulls to
move upward.
Indicators Daily chart Status
RSI 79.65 Bullish
STOCHASTIC 93.56 Bullish
MACD Above midline Bullish
200 EMA 0.9285 Bullish
Outlook Bullish
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy 0.9900 0.9930 0.9960 0.9870

9. GOLD TREND: Neutral
Technical Outlook:
The yellow metal recovers from the lower levels in the early Asian session. A strong support from
$1,840 maintains the gold price to get a bounce back. If it breaches the resistance of $1870, it may
reach to next hurdle of $1900.
Indicators Daily chart Status
RSI 37.94 Bearish
STOCHASTIC 12.62 Bearish
MACD Below midline Bearish
200 EMA $1,858.55 Bullish
Outlook Neutral
Strategy
Action Entry Target 1 Target 2 Stop Loss
Buy $1,860 $1,870 $1,880 $1,850