DAILY ANALYSIS REPORT JUNE 22 2021

1. +1 7754 366 970
analysis@tpglobalfx.com
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
22 June, 2021
Daily Analysis Report

2. +1 7754 366 970
analysis@tpglobalfx.com
Asian Bulle n: U.S. dollar trades almost flat ahead of Fed Chair Powell’s Tes mony, Asian Stock markets in green, gold hovers around $1,790 mark
Key Headlines:
• New Zealand Westpac Consumer Sen ment stands at 107.1 vs 105.2 previous release.
• The U.S. Supreme Court on Monday declined to hear a bid by health insurance companies to seek a full reimbursement from the Federal Government under a
provision of the Obamacare law aimed at encouraging them to offer medical coverage to uninsured Americans – Reuters.
• Federal Reserve Chair Jerome Powell said in prepared tes mony for a congressional hearing on Tuesday - The U.S. economy con nues to show "sustained
improvement" from the impact of the coronavirus pandemic and ongoing job market gains, but infla on has "increased notably in recent months.
• Wall Street ended sharply higher on Monday, with the Dow comple ng its strongest session in over three months as investors piled back into energy and
other sectors expected to outperform as the economy rebounds from the pandemic – Reuters.
• Bitcoin spiked down sharply in previous session.
• New York Federal Reserve Bank President John Williams - Some shi s in the labor market, including early re rements or people changing jobs, may lead to
bumps in the recovery as the U.S. economy con nues to heal from the coronavirus crisis.
Economic Data Ahead:
• (0600 GMT/1130 IST) U.K. Public Sector Net Borrowing, previous 31.0B, expected 24.5B.
• (1000 GMT/1530 IST) U.K. CBI Industrial Order Expecta ons, previous 17, expected 16.
• (1400 GMT/1930 IST) Euro Consumer Confidence, previous -5, expected -3.
• (1400 GMT/1930 IST) U.S. Exis ng Home Sales, previous 5.85M, expected 5.71M.
• (1400 GMT/1930 IST) U.S. Richmond manufacturing Index, previous 18, expected 18.
Economic Events Ahead:
• (1800 GMT/2330 IST) U.S. Fed Chair Powell Tes mony.
Major FX Pair Trend:
USD: The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.07% to 91.96 points.

3. AUD / USD
BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
JUNE,
2
021
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
0.7547
R2 S2
0.7570
R3 S3
0.7590
R4
Commentary
S4
0.7632
Buy Above 0.7550
0.7575
0.7510
– Take Profit
– Stop Loss
Trade Idea
Sell Below 0.7496
0.7477
0.7538
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
AUD/USD: The Aussie exhibits range bound movement and stabilizes around $0.7520 mark. The
pair made intraday high at $0.7545 and low at $0.7516 mark. A day chart and H1 chart with triple
EMA suggests down trend for the time being. A sustained close above $0.7541 on H1 chart
requires for the upside rally. Alternatively, a consistent close below $0.7502 will check further
supports.
0.7502
0.7482
0.7455
0.7418

4. BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Technical Summary H 1
FIBO Levels PIVOT
R1 S1
1.1922
R2 S2
1.1948
R3 S3
1.1976
R4
Commentary
S4
1.2005
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
EUR/USD: The euro trades slightly lower in early Asia and hovers around $1.1900 mark. Today
pair made intraday high at $1.1920 and low at $1.1900. Today triple EMA on a day chart and H1
chart suggests bearish trend for the time being. A consistent close above $1.1922 on H1 chart
requires for the upside rally. Alternatively, a sustained close below $1.1880 on H1 chart will check
further supports.
EUR / USD
1.1880
1.1847
1.1812
1.1787
Buy Above 1.1923
1.1952
1.1894
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.1886
1.1860
1.1920
– Take Profit
– Stop Loss
Trade Idea
Trends Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
JUNE,
2
021

5. BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Technical Summary
H 1
FIBO Levels PIVOT
R1 S1
1.3950
R2 S2
1.3978
R3 S3
1.4001
R4
Commentary
S4
1.4040
Buy Above 1.3950
1.3976
1.3920
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.3897
1.3868
1.3924
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
GBP/USD: The Sterling starts a new day on a lower note and stabilizes below $1.3950 mark. The
pair made intraday high at $1.3937 and low at $1.3900 mark. A day chart is bearish while H1 chart
with triple EMA suggests bullish trend for the time being. A sustained close above $1.3950 on H1
chart will check key resistances. Alternatively, a consistent close below $1.3875 will check further
supports.
USD
1.3900
1.3875
1.3848
1.3815
GBP/
Trends Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
JUNE,
2
021

6. BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Technical Summary
Trends Down Trend
Moving Average (Period=75) Below MA
H 1
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
1.2400
R2 S2
1.2436
R3 S3
1.2462
R4
Commentary
S4
1.2488
Buy Above 1.2390
1.2415
1.2355
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1.2348
1.2324
1.2389
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/CAD: The Canadian dollar reverses previous gain against U.S. dollar and falls drastically.
Today pair made intraday high at 1.2382 and low at 1.2356 mark. Today a day chart turns bullish
while H1 chart with triple EMA suggests bearish trend for the time being. A sustained close above
1.2400 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2350 on
H1 chart will check key supports too.
USD /CAD
1.2350
1.2323
1.2300
1.2276
JUNE,
2
021

7. BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
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
110.40
R2 S2
110.72
R3 S3
110.94
R4
Commentary
S4
111.22
Buy Above 110.50
110.76
110.20
– Take Profit
– Stop Loss
Trade Idea
Sell Below 110.10
109.78
110.41
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
USD/JPY: The Japanese yen falls noticeably against U.S. dollar on Tuesday and jumps back
above 110.00 mark. The pair made intraday high at 110.40 and low at 110.21 mark. The triple
EMA on a day chart and H1 chart suggests bullish trend for the time being. A sustained close
above 110.40 on H1 chart requires for the upside rally. Alternatively, a consistent close below
110.00 on H1 will check further key supports.
USD /JPY
110.00
109.85
109.54
109.31
JUNE,
2
021

8. BUY SELL
R
E
P
O
R
T
F
R
O
M
:
T
P
G
LO
B
A
L
F
X
Technical Summary
Trends Up Trend
Moving Average (Period=75) Above MA
H 1
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT
R1 S1
1794
R2 S2
1799
R3 S3
1805
R4
Commentary
S4
1812
Buy Above 1794
1801
1787
– Take Profit
– Stop Loss
Trade Idea
Sell Below 1781
1776
1791
– Take Profit
– Stop Loss
Trade Idea
+1 7754 366 970
analysis@tpglobalfx.com
-
Time Frame: H1
XAU/USD (GOLD): Gold moves in choppy boundaries ahead of the big event for the day and that
is Fed Chair Powell’s Testimony. Pair made intraday high at $1,788 and low $1,782 mark. A day
chart and H1 chart with triple EMA suggests bearish trend for the time being. A sustained close
above $1,794 on H1 chart requires for the upside rally. Alternatively, a consistent close below
$1,778 will check further supports.
XAU [GOLD]
USD
/
1778
1772
1767
1761
JUNE,
2
021

9. Thank
you!
Info@tpglobalfx.com
www.tpglobalfx.com
R
E
P
O
R
T
F
R
O
M
:
T
P
G
L
O
B
A
L
F
X
/tpglobalfx /tpglobalfx /tpglobalfx /tpglobalfx
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 FSA, St. Vincent and the Grenadines with Number 25274 BC 2019 TP Global Services Limited does
not offer its services to residents of certain jurisdictions such as USA, and British Columbia.
Disclamer:
Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note