DAILY ANALYSIS REPORT JUNE 06 2022
AUD / USD
Commentary : The Aussie depreciates on Monday and hovers around $0.7200 mark. Economic Calendar will remain empty for the day. Today pair made intraday high at $0.7216 and low at $0.7187 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $0.7222 on H1 chart requires for the upside rally. Alternatively, a consistent close below $0.7189 will check further supports. | |||
Indicators | H1 | ||
Trends | Down Trend | ||
Moving Average (Period=75) | Below MA | ||
RSI (Period=26) | Below RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 0.7222 | S1 | 0.7189 |
R2 | 0.7250 | S2 | 0.7172 |
R3 | 0.7272 | S3 | 0.7150 |
R4 | 0.7299 | S4 | 0.7120 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 0.7222 | Sell Below : 0.7189 | ||
– Take Profit : 0.7252 | – Take Profit : 0.7155 | ||
– Stop Loss : 0.7189 | – Stop Loss : 0.7212 |
EUR / USD
Commentary : The euro trades flat on Monday as most of the parts of Euro Area will remain closed for the day. The pair made intraday high at $1.0731 and low at $1.0710 mark. Today triple EMA on a day chart is up and H1 chart suggests down trend for the time being. A consistent close above $1.0730 on H1 chart requires for the upside rally. Alternatively, a sustained close below $1.0700 on H1 chart will check further supports. | |||
Indicators | H1 | ||
Trends | Up Trend | ||
Moving Average (Period=75) | Above MA | ||
RSI (Period=26) | Above RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 1.0755 | S1 | 1.0700 |
R2 | 1.0782 | S2 | 1.0682 |
R3 | 1.0815 | S3 | 1.0655 |
R4 | 1.0840 | S4 | 1.0630 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1.0731 | Sell Below : 1.0700 | ||
– Take Profit : 1.0760 | – Take Profit : 1.0672 | ||
– Stop Loss : 1.0710 | – Stop Loss : 1.0720 |
GBP / USD
Commentary : The sterling moves in narrow range on Monday and stabilizes below $1.2500 mark. Today pair made intraday high at $1.2502 and low at $1.2476 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1.2502 on H1 chart will check key resistances. Alternatively, a consistent close below $1.2470 will check further supports. | |||
Indicators | H1 | ||
Trends | Up Trend | ||
Moving Average (Period=75) | Above MA | ||
RSI (Period=26) | Above RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 1.2502 | S1 | 1.2470 |
R2 | 1.2530 | S2 | 1.2450 |
R3 | 1.2555 | S3 | 1.2421 |
R4 | 1.2578 | S4 | 1.2400 |
BUY | SELL | ||
![]() | ![]() | ||
Buy Above : 1.2502 | Sell Below : 1.2470 | ||
– Take Profit : 1.2530 | – Take Profit : 1.243 | ||
– Stop Loss : 1.2480 | – Stop Loss : 1.2499 |
USD / CAD
Commentary : The CAD exhibits range bound movement on Monday and Consolidates around 1.2580 mark. Today the pair made intraday high at 1.2601 and low at 1.2578 mark. Today a day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above 1.2599 on H1 chart requires for the upside rally. Alternatively, a consistent close below 1.2570 on H1 chart will check key supports too. | |||
Indicators | H1 | ||
Trends | Down Trend | ||
Moving Average (Period=75) | Below MA | ||
RSI (Period=26) | Below RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 1.2602 | S1 | 1.2570 |
R2 | 1.2626 | S2 | 1.2550 |
R3 | 1.2652 | S3 | 1.2521 |
R4 | 1.2680 | S4 | 1.2501 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1.2599 | Sell Below : 1.25 | ||
– Take Profit : 1.2631 | – Take Profit : 1.2540 | ||
– Stop Loss : 1.2570 | – Stop Loss : 1.2599 |
USD / JPY
Commentary : The Japanese yen slightly higher on Monday and touches 130.99 mark in opening hours. The pair made intraday high at 130.99 and low at 130.52 mark. The triple EMA on a day chart and H1 chart suggest bullish trend for the time being. A sustained close above 130.99 on H1 chart requires for the upside rally. Alternatively, a consistent close below 130.50 on H1 chart will check further key supports. | |||
Indicators | H1 | ||
Trends | Up Trend | ||
Moving Average (Period=75) | Above MA | ||
RSI (Period=26) | Above RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 130.99 | S1 | 130.40 |
R2 | 131.26 | S2 | 130.18 |
R3 | 131.54 | S3 | 129.95 |
R4 | 131.72 | S4 | 129.67 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 130.99 | Sell Below : 130.40 | ||
– Take Profit : 131.36 | – Take Profit : 130.02 | ||
– Stop Loss : 130.55 | – Stop Loss : 130.80 |
GOLD
Commentary : Gold trades slightly higher on Monday and remains well supported above $1,850 mark. The pair made intraday high at $1,856 and low at $1,850 mark. A day chart and H1 chart with triple EMA suggest down trend for the time being. A sustained close above $1,858 on H1 chart requires for the upside rally. Alternatively, a consistent close below $1,848 on H1 chart will test further supports. U.S. economic Calendar will remain empty for the day. | |||
Indicators | H1 | ||
Trends | Down Trend | ||
Moving Average (Period=75) | Below MA | ||
RSI (Period=26) | Below RSI LEVEL 50 | ||
FIBO Levels | PIVOT | – | |
R1 | 1858 | S1 | 1848 |
R2 | 1862 | S2 | 1842 |
R3 | 1867 | S3 | 1837 |
R4 | 1872 | S4 | 1832 |
BUY | SELL | ||
![]() | ![]() | ||
Trade Idea | Trade Idea | ||
Buy Above : 1860 | Sell Below : 1852 | ||
– Take Profit : 1865 | – Take Profit : 1847 | ||
– Stop Loss : 1856 | – Stop Loss : 1856 |

Download Report in PDF
We provide every solution to start your own

TP Global FX Research Team
With a decade of Forex Market insight, TP Global FX Research Team delivers you the Market Insight that boosts your Trading Skills
Disclamer:
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 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.