USDJPY

USD/JPY intraday bias is bullish in the short-term testing 113.10 resistance level. The immediate support is seen between 112.15-111.85 region. A clear break from 113.10resistance could mean a further uptrend targeting 118.60 area. On the flipside, a break at 112.15-111.85 region could mean a bearish bias to target 110.53 level. However, the general intraday outlook is bullish in the short term.

  USDJPY

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 111.55 111.84 112.14 112.43 112.73 113.02 113.32
WEEKLY 105.66 106.89 108.87 110.10 112.08 113.31 115.29
MONTHLY 105.69 106.98 108.48 109.77 111.27 112.56 114.06
 

EURUSD

The pair failed to continue a downtrend where its bearish momentum topped at 1.1954. Current outlook is bullish with the price ranging between 1.2090-1.1824 area. The immediate resistance is seen at 1.2000 and a clear break from here could see EURUSD target 1.2050 area. The immediate support is seen at 1.1900 with the key support strong at 1.1824 where its likely to be a correction zone if the bears weigh on the pair.

  EURUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1802 1.1834 1.1889 1.1921 1.1976 1.2008 1.2063
WEEKLY 1.1638 1.1738 1.1841 1.1941 1.2044 1.2144 1.2247
MONTHLY 1.1283 1.1473 1.1691 1.1881 1.2099 1.2289 1.2507
 

GBPUSD

GBPUSD is on a climb topping yesterday at 1.3587. The intraday bias is bullish in the short term with key resistance seen at 1.3615. A beak from this area could see the bulls taking the pair to target 1.3700 region. The immediate support is seen at 1.3520 and a break from here could lead the price to a neutral zone in the short-term testing 1.3470 area.

  GBPUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.3389 1.3440 1.3504 1.3545 1.3619 1.3660 1.3734
WEEKLY 1.2840 1.3000 1.3297 1.3457 1.3754 1.3914 1.4211
MONTHLY 1.2220 1.2496 1.2713 1.2989 1.3206 1.3482 1.3699
 

GOLD

Gold is on the upside move and should the bulls hold ground, further uptrend is expected. The intraday support is currently seen at 1295.5 level and the immediate resistance level at 1304.90. A break from the first resistance 1304.90 would see the yellow metal targeting 1308.4 resistance next. On the flipside, a break from 1295.5 could mean further downtrend and target of 1285.00 to form a new key support level.

  GOLD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1275.90 1283.55 1289.70 1297.35 1303.50 1311.15 1317.30
WEEKLY 1289.84 1304.67 1314.94 1329.77 1340.04 1354.87 1365.14
MONTHLY 1200.76 1228.93 1275.56 1303.73 1350.36 1378.53 1425.16